Congratulations to the Keeping Company team on winning BOOKKEEPING FIRM OF THE YEAR for the second time at the Australian Accounting Awards 2022. ‘Winning is the ultimate reward and reinforcement to our team for the exceptional service and industry-leading work they resolutely deliver.’ – Ryan Miller, CEO. Last Thursday evening, 16 June, four team members dressed up and headed to...

When it comes to handling the finances in your business, there are two disciplines to draw on; bookkeeping and accounting. But what exactly is the difference between bookkeeping services and accounting services? The key distinction is that a bookkeeper will be responsible for coordinating your financial data so everything is in order. An accountant will be responsible for gleaning insights...

An angel investor is someone who invests their own money into a business. Unlike venture capital firms which represent investors, angel investors operate independently. Typically they will have a high net worth and an interest in helping businesses grow. Many are themselves serial entrepreneurs. Angel investors will invest in companies with high growth potentially, often at the startup stage, to...

When a company embarks on a Series B funding round, it’s an exciting and significant achievement. By this point in time the startup has proven itself, is kicking goals and is about to launch the next exciting stage of their journey. A Series B funding round is the third step in startup funding, following seed funding and Series A funding....

Series A funding (also known as Series A financing or a Series A round), is an early stage capital raise for a startup. It is the second phase of startup funding, taking place after the seed funding round occurs. Unlike with seed funding, by the time a startup is ready for a Series A round, the business will be off...

Managing how cash flows in and out of a business is one of the most important financial issues businesses face, no matter how big or small. Even if your business is profitable and is bringing in enough revenue overall to cover your costs, that doesn’t mean that you will always have enough cash to operate. If you don’t have enough...

If you’re looking to take your business to the next level, refresh your strategy, raise capital or make your business more profitable, a business advisor can help. Too often in business, business owners can be distracted by the day-to-day, with the big goals falling by the wayside. Business advisory services will help cut through the noise to get to the...

Seed capital refers to the starting capital needed to fund a startup’s launch. Sourcing seed capital is the earliest stage of capital raising and occurs before the business is even established. Seed capital will fund the initial steps in building the business such as developing a proof of concept or prototype, business planning, market research, product development, equipment, marketing, and...

Maintaining a tight and accurate inventory management process is a critical part of the supply chain for any product business. Timely order fulfillment, efficient storage and warehousing, and accurate forecasting of your ordering needs all depend on a reliable and transparent inventory management system. Integrating your inventory management system with your financial accounting system, such as Xero, is an excellent...