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 rude to talk on the phone on a bus?
Buses can be a relaxing way to get home if you have a seat and enough space. However, it can be off-putting when someone is taking a phone call next to you.
Do you think it's inconsiderate for people to have lengthy phone calls on a bus? Vote in the poll, and add your comments below.
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67.2% Yes
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30.2% No
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2.6% Other - I'll share below
Riddle Me That: Ready to Test Your Wits?
If the prisoner tells a lie, he'll be hanged;
if he tells the truth, he'll be beheaded.
What can he say to save himself?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Fringe Garden Festival No 33
A reminder! Come along to Taranaki Cathedral to see what is going on. The Cathedral can be seen through the open door, the new building, Te Whare Hononga and the refurbished Vicarage are open with a team on hand to chat. Plants are on sale at reasonable prices and cups of tea etc are available. We look forward to seeing you!
The Team
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