Why ‘sacking’ your clients can be good for business
In business, sometimes it’s not always about ‘more’ customers, but ‘better’ customers. Here’s how we revamped our strategy by ‘sacking’ bad clients, resulting in higher profits and reduced stress.
Book Review: ‘Profit First’ From An Accountant’s Perspective
Jason Andrew gives us his accountant’s take on the principles of Profit First, and how to weave them into your business and personal finances.
Balancing creativity and profitability: Solving the digital agency’s dilemma
Here’s how The Content Division, a Brisbane-based marketing agency, partnered with SBO Financial to unlock the key to profitability and achieve sustainable growth.
Gymshark revisited: Uncharted waters ahead for the direct-to-consumer darling?
Fitness apparel giant Gymshark just released its FY22 financials – so it’s time to take a deep dive.
A financial foundation: How SBO helped The Quick Flick take flight
Here’s how we helped Iris Smit gain control over her finances and make informed decisions that would propel The Quick Flick to new heights.
Tax-free electric cars? What you need to know about the fringe benefits tax exemption for electric vehicles
By Andrew Law (Head of Tax) and Simon Davis (Head of Business Development) This article was updated on 27 February 2023. It’s not often that tax legislation gets anyone’s motor running, but a new bill from the Federal Government that exempts electric cars from fringe benefits tax (FBT) has people talking – and it might…
Recipe for success: How we simplified the numbers for Healthy Food Crew
When Brian Nasr started his small food manufacturing business Healthy Food Crew in 2017, he had no idea how to make sense of the numbers. But for many small business owners, getting someone else to look after your finances can be a bit daunting. Here’s how we catered to Healthy Food Crew’s needs by simplifying…
Home truths: A financial teardown of Brosa
Furniture and homewares retailers are getting crushed right now. Made.com, the UK’s publicly listed furniture store, stopped taking orders last month, citing solvency issues. Interiordefine, a custom online furniture retailer in the US, entered voluntary administration last month. And Brosa, the Australian online furniture retailer, entered voluntary administration last month, and was acquired by Kogan.…
Boxing Day sales are a doozy. Do this instead.
‘Tis the season for sales, and Boxing Day is one of the biggest shopping events of the year. For most retailers, this post-Christmas financial injection is critical to their bottom line, and discounting is an ideal way of attracting new customers and boosting sales. The problem with discounting is that a lot of marketers don’t…
How we helped TradeMutt get on the (financial) tools
TradeMutt is Australia’s biggest social impact workwear company. But while their vibrant clothing designs have kickstarted plenty of conversations about mental health, it was their financial health that needed a little bit of guidance. Here’s how we helped level them out. The company More than just a brand, TradeMutt is a movement that’s helping to…