Advice for small businesses - from Accountants on Hobson
BILLING OUT
1. Set and understand your charge out rate. Ensure they cover the costs associated with doing the job and pay yourself what you are worth. 💰
2. Always charge – free work won’t pay your bills. 💸
3. Charge higher for one-off work. You can reduce rates for regular or repeat work. 💲
4. Invoice out in a timely manner & follow up with slow payers.
5. Treat people well – bad service spreads quicker than good service. 👌
PAYING BILLS
1. Pay bills on time, including tax. ⏲
2. Keep suppliers in the loop if you are having issues. 📞
MONITORING
1. Set business targets and review them regularly – it’s okay to change them. 🎯
2. Invest in talking regularly with your accountant. ☎ They know how to help businesses improve. They do a lot more than just tax returns.
Poll: Is it ok to regift something that you have been given?
🎁 Holiday Gift Chat!
Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?
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80.1% Yes! It's better to regift what I don't need
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19.9% No. It's the thought and effort that matters
Today’s Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? 🌟🎁🌲
I dance in the sky with green and gold, a spectacle few are lucky to behold; I’m best seen in the south, a celestial sight—what am I, lighting up the New Zealand night?
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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