“COGS” can do a lot more than make the wheels go round…

That’s because one of the most sensitive and influential drivers of business profit is Cost of Goods Sold, more commonly referred to as “COGS.” The difference between COGS and your normal Business Overheads is that COGS does not come into consideration until you sell something, while your overheads occur whether you are making sales or not…the [...]

Keeping business records is not a matter of choice…

Most Business Owners and Managers will tell you that there is much more enjoyment to be had from Setting Records and Breaking Records than from Keeping Records. And yet, if you neglect to do it accurately and according to the rules and timeframes, you could end up with a “Record” of your own! The people [...]

The Tax Office is charging towards a Paperless Environment…

How ready are you for that? The days of “The cheque’s in the mail” and “I’ll wait for the reminder letter” are fast disappearing into history as The Tax Man’s push for paperless communications with taxation practitioners gains momentum. If you’re a Small Business Owner or Manager then you will soon have no choice but [...]