The business mindset

The business mindset

A major hurdle for people buying a franchise is that, mostly, they end up buying themselves a job. So the retrenched executive spending her money buying into a muffin franchise ends up working a 70-hour week, probably equating to less than $25 an hour. And still...
Learning from the Tradie

Learning from the Tradie

The accounting and bookkeeping professions have much to learn from the trades. Doing business with a tradesperson today is a very different experience from three or four years ago. Getting a plumber or electrician is no longer a case of ringing around; today we have...
Client’s A/R: the Low Hanging Fruit of Advisory

Client’s A/R: the Low Hanging Fruit of Advisory

2016 is looking like a tough year for many of your clients. Debt recovery specialist and lawyer Roger Mendelson knows a thing or two about debt recovery, as his firm Prushka is the largest (non-listed) debt recovery firm in Australia. In keeping with our core mission,...
Prepare for the Rainy Day

Prepare for the Rainy Day

How can businesses protect themselves in case the market turns against them? What’s the key to surviving – and thriving – in difficult times? There are all sorts of dangers ahead for business – sometimes they are simply a case of David versus Goliath. As case in...
Demise of the bank teller

Demise of the bank teller

Images from the past tell a story – and often present a lesson to be learned. Bank tellers are disappearing – fast. When ATMs first came out, they were a tremendous advancement in convenience. In more recent times, bank teller numbers have dwindled; not to be replaced...
Five new clients in 30 days!

Five new clients in 30 days!

“No way!” we hear you say. We agree. But it does raise the question as to how many clients do you need to make your bookkeeping practice sustainable and profitable. A survey of high performance franchise groups in Australia and New Zealand are revealing: these high...