You want a business loan … who you gonna’ call??

As most of us in the startup phase of our entrepreneurship journey would know, getting cash to fund our dream is not an easy (or quick) task. There are many “No’s” before you hear the magical “Yes”. Or will you even hear the “Yes” at all? Your dream idea is only loved by a third party finance option, if it can see that the idea has the ability to generate…  Read more

Goodbye customer service, Hello happy customers

Now this may sound contradictory because surely if you provide great customer service you must be kicking goals in business right? Well I don’t think so. I don’t think you should be focusing on customer service, I think you should be focusing on having happy customers. “Yes, there is a difference. You can provide great customer service but still have unhappy customers.” So how does this possibly make sense, as…  Read more

Are you still deemed to be successful after going into Liquidation?

Why do I ask? Is my business in trouble? Hell no. But today I went to a Business Chicks breakfast where I heard from America’s original #girlboss Sofia Amoruso. She started the Nasty Gal empire along with a bit of a Girl Boss revolution in America. She has a podcast, fashion empire, books, soon to be released series on Net Flix – amongst other things. Well that was until a…  Read more

If Trump wins US Election…we all might be in for a surprise

The reaction today in Australia (if not around the world) as the US election takes place is nothing short of phenomenal. Trump v Clinton (Hillary that is). Multi millionaire & reality TV star (*use the term star loosely) v Former first lady and potentially first female president of the USA. Most of the world are glued to the TV screens in what was kind of publicised previously as a Clinton…  Read more

Business is booming – so where the F$%K is all your money?

Calling all business owners, entrepreneurs, solopreneurs, mumpreneurs, dadpreneurs – or any other fancy titles that are out there at the moment – the sooner you realise that profit is not the same as cash – the sooner you will start to plan for a fabulous financial future. You see here is the thing – I speak to business owners all the time who simply get frustrated (*insert swear words here…  Read more

6 tips to stay in Control of your Cash Flow with Confidence

Cash Flow is the major cause 56% of small businesses don’t survive past their 5th birthday. It is time to turn the tables on that horrific statistic and be in charge of your cash flow (with confidence) and remove the stigma and fear around asking for your invoices to be paid. The first thing to consider is that cash flow is not just chasing debtors. Cash flow is understanding – when…  Read more

Why Crying on the Beach is good for the soul

Yesterday I met an inspirational man. Michael Crossland. Someone I had never heard of until I googled him the night before attending MYOB Partner Connect Conference. Accountants are not supposed to have emotions – but let me tell you why I spent time on the beach crying after listening to his key note speech. During the day – I was learning, networking, seeking advice, making connections, seeing developments in the…  Read more

Business travel tips from a (*non) expert

I am not a travel operator. I am not a travel guide. I don’t even travel that often. But seriously, how hard it is to show some common sense and respect when travelling? Clearly much harder than I thought. So the past month has seen me “get around a bit” as I sleep my way around Queensland attending accounting/bookkeeping software conferences. Next up is MYOB Partner Connect conference starting tomorrow…  Read more

Sun, Sea and Learning – The Importance of Investing in training and development

Why do I invest so much in training, education & development? This month alone I have two conferences which are interstate that I will be attending. And when I say I am going to the Gold Coast to attend the MYOB Partner Conference, people say to me, “Oh, you are just going for a holiday!” And I know they are only saying that in jest (well I think they are),…  Read more

Don’t judge an accountant by her football team

Not all accountants are the same. We don’t all want to do the same things, we are not all extroverts (surprise surprise), and we don’t all love big accounting conferences and sitting down with people that we don’t know (even if they are in the same industry). Some of us even have a life outside the accounting space, and love, (dare I say it), AFL. So, yes, while I am going…  Read more

Business exhaustion is not a measure of Success

Your level of exhaustion should not be used to measure your level of success. So many business owners I speak to – whether that be on social media or in person, tell me that they are just so exhausted.  Their business is consuming every waking minute, and even those minutes where you should be sleeping you are instead running all your business scenarios through your head.  It never ends. I…  Read more

Dear Random (who doesn’t want to pay for my services)

Dear Random Stranger (who doesn’t want to pay for my services) Thanks for you phone call tonight at 5:55pm (on a Friday) and asking me if I have 5 minutes for…. “just a really simple GST question”. Whilst I appreciate that you think your question may only take five minutes of my time, the reason it takes five minutes of my time is because I have a lot of skills…  Read more

To fraud or not to fraud….that is the question

As an accountant, fraud, and in particular financial fraud, really pisses me off. You see when you run a company you have obligations – morally and ethically, as well as financially and legally. “You can’t put your head in the sand and say “Sorry – I had no idea”.  That just doesn’t cut it as a company director.” So when I read this article from Smart Company today about the…  Read more

EOFY Payroll is not for the faint hearted

EOFY Payroll is easy right – I mean your accounting software does it for you so what have you got to worry about? A few clicks of a button and payment summaries are issued to staff.  Done, feet up and champagne cracked open.  But wait…. “If you don’t understand payroll and accounting terminology chances are your payroll is incorrect – FACT.” I know what you are thinking….my accounting data file…  Read more

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 treat your customers like idiots (especially if you want to grow your business)

When customers buy from you, please don’t treat them like an idiot. Customers and fans are the future of your business. This week I was researching business products that I could purchase to then give to my clients at end of financial year.  You see, as an accountant, EOFY is kind of a happy time for us -we tend to celebrate 30th June like it is Christmas. I found some…  Read more

It is OK to be a “different” accountant – own it!

Stacey Price accountant Today in a Facebook group I am part of, we were asked if we were to go back to Day 1 of running your business what advice would you give yourself? “And it got me thinking – what would I tell myself – now that I know I am not a “traditional” accountant?” I mean, when I started my business it all kind of happened overnight.  I…  Read more

How to spot a rogue accountant

You don’t want a rogue accountant on your team…you want someone you can trust – with knowledge, experience and a lot of credible advice and care. Here is something I wrote which was published on Smart Company earlier this month…no Rogue Accountants at Healthy Business Finances. For original article, click here. Many small business owners and entrepreneurs understand the benefits of leveraging outsourcing to scale their business. Smart business owners…  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

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