by Zoltan Szentirmay | Sep 13, 2024 | Accounting, Budgeting, Business Building
Today’s journey takes us into the heart of our operations – managing manufacturing overhead costs. These aren’t just any expenses; they’re the winds and currents that can sway our journey profitably or plunge us into losses. Keeping a vigilant eye on...
by Zoltan Szentirmay | Aug 27, 2024 | Accounting, Business Building
In business, timing can mean everything – especially regarding significant decisions like hiring a Chief Financial Officer (CFO). For Australian small business owners, pondering whether they’re earning enough to afford a CFO is a typical stage. But the real...
by Zoltan Szentirmay | Aug 12, 2024 | Accounting, Business Building, Pricing
In the high-speed world of business, the ultimate quest is for profit. But making a profit is more than just selling — it’s about strategic decisions and expert quoting. Gross Profit Percentage Key to your victory is Gross Profit Percentage, or GP%, a true...
by Zoltan Szentirmay | Aug 6, 2024 | Accounting, Costing
In the city’s heart thrives a café, its aroma of freshly brewed coffee mingling with the sounds of a new day. Here, amidst the steam and the clink of cups, a tale of ambition and astuteness unfolds. The owner, once grappling with slim margins, now stands as a...
by Zoltan Szentirmay | Jul 16, 2024 | Accounting
Enhancing working capital isn’t just a wish—it’s a series of strategic steps, ready to be tackled with determination. Today, it’s about turning insights into tangible actions. We’re diving deep into the four pivotal areas to boost your working...
by Zoltan Szentirmay | Jul 8, 2024 | Accounting
Effective inventory management is the cornerstone of a successful business in today’s fast-paced market. Regular inventory reviews and adjustments aren’t just routine tasks—they’re strategic manoeuvres that can significantly influence your bottom...
