1. What, Who and Why Be clear about what you do, who you are and why you do it. Especially work out your ‘why’; it is what your preferred target audience will most respond to, and it is why they will come to you over your competitors. Have a short spiel that encapsulates your business
This month, take a moment to stop and consider your business (and personal) risks. Here is how we manage risk at Sorted. The number one risk to Sorted. is reputational damage or litigation, due to clients receiving unsatisfactory or incorrect advice. This would be true for most professional service providers, but reputational damage is also
In the new year say hello to your customers/leads. Make sure customers are aware of your plans for this year to deliver them value. If you use mailing lists, make the time to check bounces—sometimes people move on. If they are important, see if you can get their new contact details. This is a great
The summer break is a great time to relax, recharge and if possible, make the time to reflect on the last calendar year. How did it go both personally and professionally? What worked? What did you learn? (An optimistic way of saying what didn’t work!) What areas are there for improvement? Do you need to
December is full of parties and celebrations. As a small business owner you might be on the ‘flat out’ side of the coin or the ‘winding down’ side—either way, make sure you get to celebrate and relax at some stage. Being in small business is hard work—being the boss with all responsibility can be wearing.
In this article Kim Packer from J and K Law shares her Top 3 Must Haves for small business owners in Australia to keep you and your business on the right side of the law. Getting your business structure right and having it properly documented There are a number of legal entities that you can
Sorted. Small Business Check In previous quarter review Work through this quarterly review check list of suggested topics: Personal check in 12-month plan check in Budget vs actual reporting Marketing leads and sales stats Savings for liabilities Risk review Clear focus for the next quarter Systems check in
When October 1st clicks around, Christmas Eve is 85 days away. This gives you plenty of time to get organised and make this Christmas the best ever for your business. For small business owners, Christmas delivers a mixed blessing. It can be the busiest time of year for those in retail and hospitality and for
If your business will be disrupted in some way by the Christmas, New Year and summer holiday season, then make sure you are prepared for it. If your business goes quiet, what steps do you need to take in order to reduce your overheads, do you need to have money saved to cover you throughout
Starting a business is an exciting time. There are so many things to think about but you don’t want to miss any of the vital steps. I’d like to talk about a couple of the important things from an accounting perspective. Please remember, as always, that your own personal situation is going to be different
