There may be any number of costs lurking in your everyday activities and procedures that just don't get noticed simply because they aren't big ticket items. But that doesn't mean they can't add up to a significant spend nonetheless. Look around and see if these tips can help drive down costs before making any drastic decisions that may come back to haunt you later. Read More

Small business owners are starting to feel the effects of the credit drought. Many may already have experienced disappointment with a loan application. Meanwhile unexpected needs for a cash injection keep coming up such as a delivery vehicle breakdown or an opportunity to pick up some normally expensive office equipment or machinery at a good price. With credit getting tighter and credit card charges going up, who can a cash strapped owner turn to for a loan? Read More

A budget is an important management tool. Being a projection of your income against your expenses you can check it at any time to see how well or how poorly your business is doing.


The value of a budget is in direct proportion to the accuracy of the figures you use to create it. Here are some precautions to take to keep your budget figures accurate. Read More

When small business owners approach me as they regularly do to discuss plans to sell their business it is because they usually have little idea on its worth and are hoping to get an idea from me. Or it is a reality check on their own hopes and dreams. Read More

This is a follow up to my previous blog entry on The Power Of Numbers. This time I'm dealing with what we accountants call "Solvency Ratios". This is even more relevant today because most of us trade under the relative security of a company structure, and the legislation requires us to ensure we are "solvent". Read More