2016 Budget – whats in it for you?

The 2016 Budget creates hype, excitement and a mad rush of spending…..but first lets make sure the rules actually apply to you. Last night the treasurer delivered his 2016 Budget and naturally, economists, accountants, business owners and politicians are all in a tizz (me included). But first things first, let’s break it down and take a look at the important announcements and how they may (notice I say may) relate…  Read more

I don’t have mothers guilt, and I am a better person for it

Isn’t it funny how we automatically assume a successful woman in business who is also a mum MUST have “mothers guilt” for working hard and assume they are missing out on quality time with their children. Recently I attended an event run by BSchool in Melbourne where the speaker was Carolyn Creswell from Carmen’s Muesli fame.  I have always wanted to hear Carolyn speak – but our diaries never seemed to align…  Read more

Don’t miss out on a great opportunity

“Don’t get caught up in your own business so much that you miss out on a great opportunity”. This past weekend was crazy time for my business – Business Activity Statement deadline with the ATO and only one month shy of launching my new membership based business assisting startups and entrepreneurs with financial education and training (FEAT group if you want to take a peak – just a landing page – but…  Read more

Creative Accounting v A Creative Accountant

I believe we all learn in different ways. I also believe that we all recall information in different ways. Now on one hand I am very “bog standard” accountant – I love numbers, I love a good spreadsheet, I love old fashioned pen and paper and I love adding stuff up on my (one of many) calculators. However I am also non traditional in many ways. I don’t wear a…  Read more

What the Essendon saga teaches me about future proofing my business

Those who know me, know that I love my footy.   I grew up in the country and watching football on tv on a weekend was a family pass time.  Today is a sad day in AFL – and one that has a huge impact on Essendon (and its supporters) not only today but for years to come. THIRTY four past and present Essendon players have been found guilty of doping…  Read more

You don’t have to love numbers….but you should understand them

As a business owner – you have an obligation – part of that obligation is understanding what your numbers tell you.  You need to understand cash flow to pay your suppliers and the ATO.  Ignorance is not an excuse. I know what you are thinking….it is that harsh Stacey again throwing around her comments about numbers and ATO – blah blah blah.  Well yes – it is me. As soon…  Read more

5 Superhero’s you NEED in your business life (secretary is not one of mine)

Where is your secretary?  I don’t have one. I received a phone call yesterday from a new potential client and her first response to me was “I am shocked you answered the phone – I just assumed you would have a secretary”. Whilst I tried to keep a straight face (although on the phone this was a bit easier) it made me realise there are so many people in my…  Read more

Business owners: You want answers – I want the truth

Business owners can’t handle the truth. Or can you? Sometimes running a business can be like dodging landmines.  You go forth and try and grow and build your brand and tribe….but you are not sure which direction you really need to take.  You know there are hazards out there….but instead of getting help along the way you want to try your luck. So you tiptoe forward, sometimes backwards or sideways…  Read more

Hold onto your chequebooks….Budget 2015

  So now small business owners get a $20k tax deduction… But before you open up your chequebooks (or god forbid extend your debt) and buy that new item you previously didn’t know you needed with money you potentially don’t have….here are some things to consider. 1. The items in the Budget 2015 still have to get Royal Assent.  Meaning these anticipated changes are just that – anticipated.  So don’t…  Read more

It’s a long way to the top….if you want to make a profit

It’s a long way to the top if you want to make a profit. At times it takes guts, determination, strength and just a perfect amount of crazy to get you through. This month I wanted to share a more personal story about me – and how the traits that got me through I also apply to my business. In March I completed the 15.5km Run for The Kids –…  Read more

Keeping receipts for 4 years….HOW??

  Do you at times feel like you are drowning in paperwork? Do you have folders and in trays and filing cabinets filled with receipts, invoices, bills, statements…..or a combination of all of those? So what if I told you to rewind to 4 years ago and find me a receipt to prove a purchase…could you do it?  And if you could do it how long would it take you?…  Read more

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