Every business owner has a set of numbers they look at. The question worth asking is whether they’re the right ones, and whether the data underneath them can be trusted. For most SMEs, the...
Ask most business owners how they set their prices, and you’ll get some version of the same answer. They worked out what the job costs, added a bit on top, and called it a margin. That’s...
When you drive a car, you spend most of your time looking through the front windscreen. The rear-view mirror is useful, but it’s not where your attention lives. Drive exclusively through it, and...
Growth is exciting. A pipeline full of new clients, a team expanding, revenue climbing month on month — it looks like everything is working. But for many Australian business owners, that excitement...
Many business owners across Australia come to OURCFO saying the same thing. “I do not trust my numbers.” They review their profit and loss, balance sheet, and cash flow statement, and something...
One of the most common questions we hear at OURCFO is: “My profit and loss statement says I’m making money… so why isn’t there cash in the bank?” If you have searched: Why am I profitable...
Most SME owners don’t think about business valuation until it’s too late, usually the moment they want to exit. But valuation isn’t just a number you calculate at the end; it’s a strategic...
You might be thinking that once you’ve engaged an accountant, your financial needs are covered, right? Why then do some businesses have a Chief Financial Officer (CFO)? What is it that they...
Attracting and retaining great people is at the heart of building a strong team. This week, I’d like to focus on the step that comes before retention: attraction. How do you bring talent through...
