Is your business failing to reach its full potential? A lack of financial insight and governance could be the cause. The only way to grow your business, outpace your competitors, identify market opportunities and improve your business’ performance is by taking a strategic view of your financial position and using this information to drive critical business decisions. Without a strategic...
Xero represents the best accounting software available today. As a cloud-based accounting software solution, Xero connects you with your financial information anytime, anywhere, on any device. Xero is intuitive and easy to use. It can be integrated with thousands of other apps, giving you the opportunity to fully customise the experience for your business. Xero was originally designed for small...
Is your business looking to raise capital? For start up or early stage businesses, capital is absolutely essential to take your business to the next level. Capital is the key ingredient to help your business reach its growth goals, unlocking your ability to source people, product and equipment. What’s the deal with venture capital? Venture capital and private equity are...
By Tracy Miller
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External CFO | News
What is the number one factor which can sink even the most successful business? Cash flow. Maintaining cash flow is absolutely essential for businesses to operate successfully and sustainably. Without sufficient cash flow, you won’t be able to pay your employees or suppliers, cover your rent or purchase product, which can quickly cause the business to spiral out of control....
By Tracy Miller
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External CFO | News
As a business matures, there comes a time when more sophisticated financial governance will be required. This often occurs when the business is on the cusp of significant growth, has ambitious goals, may be held back by limited insights into their financial situation, or is experiencing issues with cash flow, costs or profit. Whether your business is looking to take...
By Tracy Miller
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External CFO | News
Under new changes to the Corporations Act 2001 (Cth) and the Treasury Law Amendment (Registries Modernisation and Other Measures) Act 2020 (Cth), Australian company directors are now required to verify their identity through a new director identification number (director ID) requirement. These changes came into effect on 1 November 2021. What is a director ID? A director ID is a...
If you’re considering outsourcing your bookkeeping, there are several benefits beyond simply saving your business time and money. When handled in-house, bookkeeping is often managed by someone without an accounting background or if they do have an accounting background they may be more junior. This can limit what you can achieve through your bookkeeping. When bookkeeping is outsourced to experts...
By Tracy Miller
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News
Competing with companies from across the globe, Keeping Company was named the winner of a Bronze Stevie® Award in the ‘Business or Professional Services – Small’ category in The 18th Annual International Business Awards®. The International Business Awards are the world’s premier business awards program. All individuals and organisations worldwide – public and private, for-profit and non-profit, large and small...
By Tracy Miller
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External CFO | News
The COVID-19 pandemic has created some of the most challenging circumstances modern businesses have ever faced. From economic uncertainty, to navigating lockdown restrictions, businesses have had to quickly adapt and pivot to survive. The conditions have intensified some of the more common accounting challenges businesses face. Here’s how you can approach these challenges and find solutions. Cash flow bottlenecks Cash...