Featured Blogs

The economics of accounting firms: A financial teardown of Kelly and Partners

I didn’t become an accountant because I’m good with numbers. Despite the stereotype, my mental math is terrible. I need Excel to do basic arithmetic. I gravitated towards accounting because I love the money side of business. I love uncovering how much profit a business makes. What the margins are. How minted the owners are.…

Catch of the day: A Financial Teardown

Catchoftheday: A financial teardown

I’ve recently returned for my first international holiday since COVID – a hiking trip in the Canadian Rockies with the family. For the first time since I can remember, I intentionally switched off from work. I turned on my ‘OOO’. Deleted all work apps from my phone. “Lost” my passwords. I couldn’t even login to…

The economics of accounting firms: A financial teardown of Kelly and Partners

I didn’t become an accountant because I’m good with numbers. Despite the stereotype, my mental math is terrible. I need Excel to do basic arithmetic. I gravitated towards accounting because I love the money side of business. I love uncovering how much profit a business makes. What the margins are. How minted the owners are.…

Catch of the day: A Financial Teardown

Catchoftheday: A financial teardown

I’ve recently returned for my first international holiday since COVID – a hiking trip in the Canadian Rockies with the family. For the first time since I can remember, I intentionally switched off from work. I turned on my ‘OOO’. Deleted all work apps from my phone. “Lost” my passwords. I couldn’t even login to…

Blog Articles

2022-digital-marketing-agency-benchmark-report

Report: Digital Marketing Agency Benchmarks in 2022

Are you running a digital marketing agency? Wondering where you sit in relation to your competitors and the wider industry? In this ebook we share comprehensive industry benchmarks and unpack how you can improve the financial performance of your digital agency.

Diving into the deep end of eCommerce with Mr Pool Man

Mr Pool Man is an eCommerce business that needed an accountant who could speak their language and guide them in the right direction. Here’s how we helped them learn to swim straight in open water.   The company  An Australian-owned and family-operated business based on the Central Coast of New South Wales, Mr Pool Man is…

How Afterpay earns its margin

  I have a love-hate relationship with Afterpay. The patriotic version of me is proud to see an Aussie fintech unicorn taking on the world. A brand that is changing the way consumers use credit. On the flip side, the fiscally responsible accountant in me despises it. A company that profits by promoting consumerism to…

Why you need to apply for your Director Identification Number NOW

  Hey, you! Yes, you! Do you have your Director Identification Number? If you’re staring blankly at us right now, it either means you’re not a company director – or you’re about to owe the ATO a big chunk of change. More than a million company directors have until the end of November to get…

The economics of accounting firms: A financial teardown of Kelly and Partners

I didn’t become an accountant because I’m good with numbers. Despite the stereotype, my mental math is terrible. I need Excel to do basic arithmetic. I gravitated towards accounting because I love the money side of business. I love uncovering how much profit a business makes. What the margins are. How minted the owners are.…

Does offering free shipping actually increase sales?

Should I offer free shipping? This is a question that has plagued ecommerce business owners since the dawn of time (or, at least, since the dawn of online shopping). For merchants, the cost of shipping is a moving target. Can your profit margin actually cover the shipping costs? And what products should you be charging…

Come on, get appy: Three accounting apps that can help your ecommerce business thrive

If you run an ecommerce business, you’ll know the importance of having accurate (and stress-free) finances. But managing your sales channels together with your accounting software can be messy – and cost you hours. Luckily, there are some pretty great operational tools in place that easily integrate with your Xero suite, and our accounting team…

Catch of the day: A Financial Teardown

Catchoftheday: A financial teardown

I’ve recently returned for my first international holiday since COVID – a hiking trip in the Canadian Rockies with the family. For the first time since I can remember, I intentionally switched off from work. I turned on my ‘OOO’. Deleted all work apps from my phone. “Lost” my passwords. I couldn’t even login to…

spreading the wealth: why we implemented equity-like compensation for our team

Spreading the wealth: Why we implemented equity-like compensation for our team

Want to make your business more appealing to jobseekers, and incentivise your current employees to stick around and keep bringing their A-game? Then you should be looking at ways for your team to share in your company’s success. Over the past several years, we’ve had ongoing conversations here at SBO Financial about how we can…