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Bookbird Blog

Not a numbers person? A professional bookkeeper can help

[fa icon='calendar'] Mar 3, 2019 12:34:00 PM / by Bookbird posted in business tips

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5 Reasons why Xero + Bookkeeper = a win for your small business

[fa icon='calendar'] Jan 30, 2019 3:12:56 PM / by Edwina Fairley posted in business tips

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You may be wondering what all the Xero hype is about? Surely, a piece of software isn't worth all the hoopla associated with Xero?

You don't know what you're missing. Allow me to enlighten you.

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Don’t miss out on tax savings by neglecting important tax deductions

[fa icon='calendar'] Jan 30, 2019 2:58:00 PM / by Edwina Fairley posted in business tips

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Four Ways to Expand your Business Network for Better Growth

[fa icon='calendar'] Jul 9, 2018 3:40:32 PM / by Bookbird posted in business tips

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Your business network is comprised of every business, entity, or individual that somehow helps your company to accomplish its goals. The profitability of your business model depends on this complex network. And as such, it is typically comprised of customers, suppliers, distributors, third-party developers, and every other outsider who’s already directly involved in your business in any significant manner. The larger this network gets, the more potential there is for your company to actually grow as planned or even beyond current growth estimates. Turn this potential into reality via the following tactics:

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How to boost your cash flow with smart financial planning in 2018

[fa icon='calendar'] Apr 9, 2018 10:10:26 AM / by Edwina Fairley

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Getting a business off the ground is a huge undertaking – one that’s often undertaken on a wing and a prayer and not much forward planning at all. Now that you’ve made a start, it’s important that your business continues to thrive in the coming years.

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The 5 foundations you need to secure your small businesses finances

[fa icon='calendar'] Apr 9, 2018 10:06:51 AM / by Edwina Fairley

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Keeping your business finances in check will be the difference between success and failure. Your business exists to make money, but if you don’t get the foundation of your finances right, you could end up without anything left after your expenses.

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Does your business have an exit strategy?

[fa icon='calendar'] Apr 3, 2018 12:00:00 AM / by Edwina Fairley posted in business tips

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It might seem a bit morbid or sad to think about it now, but one day you’ll be leaving your business. It could be because of a sad reason, but it could also be exciting – you’ll be moving on to something new or retiring to enjoy world travel or time with the family.

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How to train your customers to pay on time

[fa icon='calendar'] Mar 27, 2018 12:00:00 AM / by Edwina Fairley posted in business tips

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One of the biggest problems our clients face is getting clients to pay their invoices on time. If you don’t get the money you’re owed when you need it, you can face serious cash flow issues.

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Four tips for an awesome invoicing process

[fa icon='calendar'] Mar 20, 2018 12:00:00 AM / by Edwina Fairley posted in business tips

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We all know that the sooner we send out our invoices, the sooner we get paid. However, actually remembering to do it is an entirely different thing.

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How credit control mistakes could harm your business

[fa icon='calendar'] Mar 6, 2018 9:26:40 AM / by Edwina Fairley posted in business tips

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An important factor that can sink a small business is not being able to get the money you’re owed. You send out invoices and hope for the best, but if clients take too long to pay or ignore you, then you don’t have the cash in the bank when you actually need it.

A credit control process is a way for you to ensure you get paid on time every month. If you’re sending 20+ invoices a month – or you’re regularly getting paid late – you should consider creating a simple policy.

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