Latest News & Updates
What changes when you become VAT registered
If you're a business owner, it's important to understand What changes when you. In this video, we look at what happens when you become VAT registered, and how it changes you and your business. So, What changes when you become VAT registered? Firstly, your mindset...
How to use ratios to make financial judgements
Why should you use ratios to make financial judgements? Well, are you curious how well your business is doing financially? Or maybe you're looking to acquire or invest in a business and want to know what to look for? Ratios are a great way to judge a...
How to use Financial Ratio Analysis
How to use Financial Ratio Analysis is part of your Numbers tool kit. This is part of the tool kit used, the key ratios used by business owners, analysts, and investors. In this vlog I cover the four common areas used in financial ratio analysis, Firstly,...
Using Financial Ratios in Business: Measure Profit, Cash Flow and Performance
Using financial ratios in business helps you understand how your business is performing beyond the headline numbers. A profit figure, cash balance or sales total can tell you something, but ratios help you compare, question and interpret those numbers. They can show...
Know your numbers and financial ratios
Know your numbers. Numbers are everywhere, and for the most part we just ignore them. As a result unless we're forced to pay attention to them when it comes time to do our taxes or budget for the month, numbers don’t seem interesting. Except they are if you become...
Measuring financial performance of your business
If you're a business owner, then Measuring your financial performance, keeping track of it is essential to your success. But do you know how to measure it? In this podcast I'll explain two important metrics for measuring your business's financial...
How to judge your financial performance
Knowing how to judge your financial performance can be tricky. Many factors come into play, and it's not always easy to know where you stand. In the words of Dietrich Bonhoeffer, “Action springs not from thought, but from a readiness for responsibility.” However, by...
Benefits of being financially accountable
If you're like most business owners, you think of being financially accountable as a necessary evil. It's something that you have to do, but it's not always fun or interesting. However, what if I told you that being financially accountable can actually...
How to Improve being Financially Accountable
Are you finding it difficult to stay Financially Accountable? You’re not sure where to start, or you feel like you're constantly falling behind. Don't worry, you're not alone! Improving your financial accountability is a process that takes time and effort. Don’t...
Achieving business success in 3 steps
Are you interested in achieving business success ? If so, read on ? Wonder no more! Today, I will discuss the three essential steps you need to take in order to achieve success. These three steps are summed up in the 3 As Firstly, Attitude Second, Approach,...
How to be successful
Who doesn’t want to know How to be successful? Most people think that in order to be successful in business, you need to be intelligent, have a lot of money, or know the right people. While these certainly don't hurt, there are other factors that are just as important...
Why Bookkeeping Matters for Business: Records, Decisions and Digital Systems
Why bookkeeping matters is simple: your business story is told through your numbers, and those numbers come from the records you keep. Good bookkeeping helps you track income, expenses, customers, cash, profit and tax information. It gives you more control, reduces...
Why Bookkeeping Is Important for Your Business
Your business story needs words, it needs a narrative and that’s why bookkeeping is important for your business What is Bookkeeping? ‘Transactions’ is just another way of saying where you spend your money, when money leaves your bank account, and when money comes into...
How to Overcome Impostor Syndrome and Feeling like a Fraud
If you're like most people, at some point in your life you've felt like a fraud. Almost like you're not really qualified to do the job you're doing, or that someone is going to figure out you're a total fake and expose you for the fraud you are. This...
How to deal with Impostor Syndrome
Have you ever felt like a fraud? Like you're not supposed to be where you are or doing what you're doing? If so, then you may be experiencing Imposter Syndrome. Imposter Syndrome is a phenomenon that affects many people and can cause feelings of self-doubt and...
Completing forms SS-4 and 8832
Inexplicably completing forms SS-4 8832 are not at the forefront of people’s minds. Hear those words, and you may be looking for that drying paint. However, if you are a non-US resident company receiving income from the United States, then you need to...
How to complete Forms SS-4 and 8832
Are you are a single member (shareholder) company completing a W-BEN-E form? If yes, this vlog is for you as I show you How to complete Forms SS-4 and 8832 . What's the W-8BEN-E form ? Good question. The W-8BEN-E form is is a document that Helps US companies do...
Reduce procrastination when Financial Planning
Do you ever find yourself putting off important tasks, like Procrastinating when Financial Planning? You're not alone. Procrastination can be a major obstacle to getting things done. But don't worry, there are ways to overcome it. In this podcast , I'll...
Procrastination and Financial Planning – Video
Procrastination is a huge issue when it comes to business, and especially when it comes to writing your business financial plan. But that's okay! I'm here to help you through it. In this video, we talked about the different ways people procrastinate when it comes to...
Reducing Procrastination for Business Success
Are you one of those people who has a lot of good intentions but never seems to get around to doing anything? If so, you may be struggling with procrastination. Procrastination is the act of delaying or postponing something that needs to be done. It can...
Dealing with Procrastination to Get Things Done
We all know what it feels like to put things off until the last minute. Maybe you've left important tasks for the end of the day, telling yourself you'll work on them when you have more time. But inevitably, that time never comes. You might feel like you're stuck in a...
Have a balanced perspective when looking at your business
Using the balance scorecard plays a major role in managing your business. You're a business owner, so you know that making money is important. But it's not the only thing that matters. You need to have a balanced perspective when looking at your...
Taking a Balanced Scorecard Approach
As a business owner, you're always looking for ways to improve your operations and grow your company. One tool that can help you do this is the Balanced Scorecard. This approach can help you track your progress and ensure that all areas of your business are performing...
How your money mindset might impact your finances
Your mindset approach to money Do you approach money with a positive or negative mindset? If you don't have a clear answer, it's time to think about how your money mindset is impacting your finances. Having a positive money mindset leads to better financial...
How to create your performance management system
Wondering how to create a performance management system for your business? You're in the right place! In this video, I'll be talking to you about the five steps you need to take. Those steps are Firstly, Identifying your Critical Success Factors Secondly setting your...
Manage risks with a risk register
Using a Risk Register to manage risks is this weeks I Hate Numbers podcast When it comes to risk management, most business owners and entrepreneurs think of insurance policies and legal contracts. While these are both important aspects of risk...
How to develop and use a risk register
How to develop and use a risk register is this weeks topic on I Hate Numbers. Are you a business owner or entrepreneur who is looking for ways to protect yourself and your business? If so, then you need to know about risk registers. A risk register is a tool that...
Tips for managing risk in your business
Dealing with Business Risk is an inevitable part of our business lives Risk is a part of life. For entrepreneurs, self-employed professionals, and small business owners, risk is unavoidable and part of our business lives. Whether it's the risk of...
How to manage your Business Risk
No matter what kind of business you run, you need to know How to manage your Business Risk. Running your business will always have some inherent risk involved. There's no way to completely eliminate the risk, but by understanding and managing it, you can minimise its...
Using your business’ financial story plan
When it comes to financial planning for your business, there are many things to consider. One important part of your overall plan is your financial story plan. This document lays out how you expect your business finances to grow and change over time. It can be...