One of networking’s golden rules is that you need to invest time and effort to receive results. But that depends on your networking group. You see there are 2 types of networking groups – the fluffy ones and the business focused ones. Read more
Numeric Eight Blog
What is a Balance Sheet?
A balance sheet represents the financial position of the company on a specific date.
It enables readers to understand the entity's financial stability, liquidity and solvency. The balance sheet is prepared on the basis of the balances transferred from the P&L account. Read more
Trudi Yip would have to be one of Australian’s most enthusiastic business owners. She’s literally done it all her life yet she still maintains an infectious joy for the whole process. More than that, Trudi loves to see creative businesses thrive and uses her bookkeeping firm, Numeric Eight as the vehicle to help her clients. Read more
Without water, a plant will wither and die. In business, poor cash flow works the same way. So how do you make sure you get paid on time? Here are our 5 Top Tips. Read more
For many business owners, hiring a virtual assistant or admin person is one of their first personnel hires. It makes a great deal of sense because it frees your time to focus on building your business and churning out the work. Read more
With Christmas only a few weeks away, there’s a lot to do both personally and professionally. If you have a team, you also need to manage a very hectic time for payroll. So ask yourself these 2 questions. Read more
Only your customers can evaluate how well you look after them and that’s likely to differ from customer to customer and with each interaction with your business. As a result, there will never be a checklist to ensure you take care of your customers each and every time. However, there are 3 poor service habits every business needs to stamp out. Read more
When we enjoy our work, it’s easy to get up early and face the challenges of the day. As business owners and managers, we need to share our passion with our staff to ensure they also enjoy coming to work every day. Read more
It’s a myth to believe legendary business people achieve success on their own. The truth is celebrated leaders like Steve Jobs, Walt Disney and Coco Chanel didn’t have all the answers. Instead they understood their limitations and surrounded themselves with experts who could help them achieve their vision. Read more
- Use Focused Networking to Grow Your Business
- Essentials: P&L Statements vs Balance Sheets
- The 6 key questions every business owner should ask
- 5 tips to help you get paid on time
- Why can’t my admin assistant do my books?
- Who is covering your payroll over Christmas?
- Creating long term customer value
- Fun & open communication = a great team
- Don’t try to do everything … know your strengths and get help to do everything else
- For every business decision, there’s only one question – Why?