How the rich get richer by minimising taxes and leveraging debt
Ever wonder how the super-rich have plenty of cash to splash, but only have to pay a minimal amount of income tax? Here’s what you need to know.
5 tips and tactics to turn your ecommerce business into a cash generating machine
A few simple financial tips can quickly turn your business from a cash-eating monster into a cash-generating machine.
How to lose money on Black Friday Cyber Monday
Black Friday sales. Everyone loves them, but the reality is that you could be left with no actual profit to show for it if you don’t have a healthy contribution margin. Here’s how to protect your gross profit while discounting.
Why your digital agency is hard to scale
Agency and service-based business models don’t scale like software or product-based business do. But why is that?
The power of float: The secret sauce to building wealth like Warren Buffett
Warren Buffett is widely regarded as the world’s greatest investor – but what isn’t common knowledge is how he created his fortune.
The Definitive Guide to eCommerce Financing
You’ve hit a cash crunch. You’re not sure exactly how, but you think it was a combination of sluggish sales last month and the deposit you just paid for the next container of stock. Coupled with the tax debt the accountant just surprised you with and you’re left feeling anxious as to how you’re going…
Tax accounting is broken. Here’s how we’re fixing it.
“We don’t do tax.” – Us, up until three weeks ago. We’re ‘fessing up. We get it. We’ve built our reputation on being a not-your-typical-accounting-firm that doesn’t do tax returns. Our focus has always been (and still is) working alongside start-ups and ecommerce business owners to improve their financial visibility and develop future growth –…
How to calculate your digital agency’s charge-out rate
You did it! You branched out and started your own digital agency. No more working for the man – you’re the boss now, and one of the first things you’re going to need to figure out is how much you charge your clients for the services you offer. In this article, I discuss the all-important…
When can my agency afford to hire my next employee?
For owners and operators of service-based businesses, growing pains are inevitable. But there are tried and tested formulas for understanding the right triggers or actions to take to ensure the growth in your agency is sustainable from both a workflow perspective and a cash flow perspective. In this article, we tackle the important question of…
Who Gives a Crap
The best businesses in the world have strong gross profit margins. Here’s how to calculate yours and check your financial health.