Fourclover Accounting & Taxation in Matraville, New South Wales | Financial service

Fourclover Accounting & Taxation

Locality: Matraville, New South Wales

Phone: +61 420 353 535

Address: PO BOX 729 2036 Matraville, NSW, Australia

Website: http://www.fourclover.com.au

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25.01.2022 Inventory is the lifeblood of your business. It is the largest asset on your balance sheet and your companys biggest revenue-generator. It goes without saying that poorly managed inventory can do serious damage to your bottom line. Businesses without clear strategies for streamlining the in and out flow of goods will have trouble meeting their customers demands and will see mismanaged stock corrode their profits. [ 599 more words ] https://fourclover.com.au/how-to-avoid-costly-inventory-pr/

24.01.2022 Gaining larger profits depends on accomplishing all the little things better rather than making one huge change. Youll need to focus on every little detail to reduce your expenses and increase your sales turnover. Explore our tips on how to increase profits and keep more cash in your business. Enter your details below and sign up to our seven day course. https://fourclover.com.au/7-steps-to-increasing-profits/

24.01.2022 It takes time, energy, and continuous effort to build a brand that attracts loyal customers and is rewarded by word of mouth referrals. Without a doubt, the good name you worked so hard to earn is one of your most valuable business assets; in addition to your solid customer base and positive employee relations, it is what is known in business as goodwill. [ 454 more words ] https://fourclover.com.au/how-to-protect-the-goodwill-in-y/

24.01.2022 Hiring an accountant is widely considered best practice for small business owners. But delegating financial analysis and reporting doesnt mean completely checking out of the process each month or quarter. On the contrary, its recommended that business owners work closely with their accountants throughout the year to better understand their financial position, and make smart plans for future growth. Want to increase your accounting knowledge so you can have more informed, insightful discussions with your account this quarter? [ 438 more words ] https://www.fourclover.com.au/6-essential-accounting-terms/

24.01.2022 Quick and efficient payment options benefit both small business owners and their customers. Consumers are used to flexibility cash, check or charge? when buying from large retailers. If youre a cash-or-check only operation, consider how many sales you may be losing and how your business would grow if your customers could pay with debit or credit cards. [ 396 more words ] https://fourclover.com.au/what-to-look-for-in-a-payment-ma/

23.01.2022 Healthy cash flow is important for any business, but particularly for small business owners in those first few make it or break it years. Business owners who set clear payment terms with their customers, invoice quickly, and follow up on late payment can avoid the dreaded cash flow crunch that can quickly put them out of business. These simple guidelines for setting payment terms can help you get paid quickly and maintain a steady cash flow. [ 471 more words ] https://fourclover.com.au/how-to-set-your-small-business-p/

21.01.2022 "Outsource your weaknesses." So says start-up guru, Sujan Patel, when advising small business owners to get outside help for tasks like payroll and bookkeeping. And when you consider that 70% of businesses fail due to poor in-house financial management, Patels advice seems spot on. Unfortunately, many small business owners seek to keep costs low by doing everything themselves unwittingly sabotaging the financial stability of their own company. [ 461 more words ] https://fourclover.com.au/how-to-hire-the-right-bookkeeper/

21.01.2022 According to Google, which offers employees a course on mindfulness meditation, and Lululemon, a company that keeps a Director of Mindfulness on staff, the answer is a resounding yes. Mindfulness, as American scientist Jon Kabat-Zinn defines it, is simply paying attention in a sustained and particular way on purpose, in the present moment and non-judgmentally. Research has shown that practicing mindful meditation can lead to reduced stress, lowered blood pressure, increased brain activity, and improved immune response. [ 462 more words ] http://www.fourclover.com.au/does-mindfulness-have-a-place/

20.01.2022 A new year is the perfect time for business owners to set goals to improve profitability. If you arent yet familiar with digital wallets and the latest mobile payment technologies, you might be interested in the benefits they afford small businesses, such as: instant access to funds and real time financial data cost savings on third party transaction fees and POS systems [ 467 more words ] http://www.fourclover.com.au/new-payment-methods-to-consid/

20.01.2022 For small businesses, working with independent contractors can be a life saver. You can hand over tasks you dont have time for at a fraction of the cost of an employee. Unlike staff, you wont owe a contractor payroll taxes, unemployment insurance, health insurance, or other employee benefits. Because contractors arent employees, however, they do need to be managed differently. [ 561 more words ] https://fourclover.com.au/tips-for-managing-contractors/

19.01.2022 If youre like most small business owners, there are never enough hours in the day to complete every task on your list. Often youre faced with prioritizing what you need to do right now deal with a customer, meet a deadline, attend an event and the things you know you should do for the ongoing growth of your business. [ 454 more words ] http://www.fourclover.com.au/how-to-create-good-habits-in-/

19.01.2022 Setting prices can be tricky for even the most seasoned business owners after all, the prices you charge for your products or service have a dramatic effect on sales, customer perception, and profits. If your prices are too low, you could find your business operating at a loss, but set your price too high and sales could drop off. [ 98 more words ] https://fourclover.com.au/how-to-develop-a-pricing-strategy/

19.01.2022 7 steps to raising capital to grow your business Most businesses need to raise extra capital or funding at some stage in their growth. Many small businesses are lacking sufficient capital, sometimes because of frequent cash flow challenges, or they struggle to find funds to invest in the necessary equipment, staff and resources required for business expansion and growth. Sign up for our seven days FREE course and learn about various sources of business funding available and what your business needs to do to attract it. https://www.fourclover.com.au/raise-capital-to-grow-your-b/

18.01.2022 Have your individual tax return done by our experts! Failure to lodge (FTL) on time penalty may be applied if youre required to lodge a return or statement with ATO by a particular day. We make taxation and compliance easy. Four Clover understands the priorities of most individuals and business owners when it comes to tax. Request your individual tax return today. Simply enter your details below and choose your preferred consultation time. http://fourclover.com.au/individual-tax-return-from-only-7/

17.01.2022 Have you just started a business and thinking about taking a business loan? Getting a business loan should be your last choice "Just dont do it. Its awful. Theres all these reasons why it sounds great, but it sets you up for an epic fail. You have a repayment to make at some point and its a cliff thats looming". We took on debt and tried to pay it back at the end of the term, and there were a whole lot of things that transpired to almost put us under." says Aconexs Rob Phillpot warns start-ups on debt at Yeah Nah conference. [ 78 more words ] https://fourclover.com.au/start-up-and-thinking-of-taking-/

17.01.2022 They both work with financial data; theyre both essential for managing a successful business. Yet the roles and duties of a bookkeeper and accountant rarely overlap. If youre like many business owners, you may not be exactly sure of the differences between a bookkeeper and accountant and whether you should hire one, or both. An established, growth-focused company will employee the services of both an accountant and bookkeeper. [ 521 more words ] https://fourclover.com.au/similarities-and-differences-bet/

14.01.2022 End of year is fast approaching. Are you keen in getting a tax refund from ATO? Do you think you need to pay more tax? Check your refund / liability here: Tax Calculator Leave your contact details to our tax agents. Please quote "tax return" in the message so we can take good care of you. https://fourclover.com.au/how-much-tax-refund-can-you-get/

11.01.2022 Your balance sheet (now more correctly called a Statement of Financial Position) reveals a great deal about your business, including the total value of your assets the things you own; how much you owe to others your liabilities; and the level of your solvency. These three aspects will be studied carefully by lenders and investors and by buyers if you intend to sell your business. [ 553 more words ] https://fourclover.com.au/strengthening-your-balance-sheet/

11.01.2022 If you think accounting software is just for tracking expenses and generating financial reports, youre losing out on an opportunity to improve your bottom line. By taking advantage of insights provided by your software solution, youll benefit from a more informed approach to marketing and customer service and by making the most of all the ways your software can improve productivity you can take meaningful action to increase profits. [ 438 more words ] https://fourclover.com.au/use-your-accounting-software-to-/

10.01.2022 Preparing for tax season is really a year-round endeavor. Tip number one for SMB owners is to update financials on a monthly basis, using a streamlined software or cloud-based system. This way, come tax time, everything you need is all in one place. And well organized SMBs are better positioned to minimize their tax bill while avoiding penalties associated with missing or inaccurate information. [ 470 more words ] http://fourclover.com.au/tax-season-tips-for-small-busines/

09.01.2022 Perhaps youd always planned to build a thriving business to eventually sell for a tidy sum or maybe for unexpected personal reasons its best to let your company go sooner rather than later. No matter what the reason for selling your business, experts agree: its best to be prepared well in advance as it can take years to complete a successful sale. [ 570 more words ] https://www.fourclover.com.au/4-ways-to-make-your-business/

09.01.2022 Do you need help with increasing your profit? Gaining larger profits depends on accomplishing all the little things better rather than making one huge change. Youll need to focus on every little detail to reduce your expenses and increase your sales turnover. Sign up to our 7 Steps to increasing your profit and keeping more cash in your business [ 31 more words ] https://fourclover.com.au/free-business-course-7-steps-to-/

09.01.2022 Want to avoid paying more than you should come tax time? Or a frantic last minute search for missing financial records? New business owners have a lot on their plate, and can easily lose track of an approaching tax deadline or financial data needed to submit their return. Organization is key when preparing for tax time. As is taking advantage of the many tools and resources out there to support new entrepreneurs. [ 448 more words ] https://www.fourclover.com.au/tax-tips-for-new-business-ow/

08.01.2022 Its been said that a business partnership is a lot like a marriage, and the comparison holds true when things go awry: the end of a partnership is a lot like divorce. Lawyers will be involved and assets will need to be divided. However, a separation need not be overly dramatic or unnecessarily painful. These tips can help make separation easier and more amicable should your business partnership come to an end. [ 534 more words ] http://www.fourclover.com.au/what-to-do-if-you-fall-out-wi/

08.01.2022 Congratulations to all award winners.

07.01.2022 For business owners who want financial security now and freedom in retirement, having a financial planner on the team is a must. A financial planner will create a customized, strategic action plan to help you achieve your personal financial goals. Getting to know you and your business inside out is the first step a financial planner will take to understand where you are now, where you want to go, and then determine the steps you need to take to get there. [ 490 more words ] https://www.fourclover.com.au/reasons-to-consider-hiring-a/

06.01.2022 Business Plan Diagnostic Our business plan diagnostic is an easy-to-use tool designed to assess how well developed your business plan is to help you succeed in your new business. It wont take long to complete (as little as 10 minutes) and at the end of the process, we will prepare a downloadable list of recommended actions for you to take. This includes plenty of information to help you implement the recommended changes. If you need any help with any part of your business plan health check, please call +61 410 53 53 53, +61 420 53 53 53 or email [email protected]. Get started http://www.fourclover.com.au/your-business-plan-health-che/

06.01.2022 It’s been said that a business partnership is a lot like a marriage, and the comparison holds true when things go awry: the end of a partnership is a lot like divorce. Lawyers will be involved and assets will need to be divided. However, a separation need not be overly dramatic or unnecessarily painful. These tips can help make separation easier and more amicable should your business partnership come to an end. [ 534 more words ] http://www.fourclover.com.au/what-to-do-if-you-fall-out-wi/

05.01.2022 Most businesses need to raise extra capital or funding at some stage in their growth. Many small businesses are lacking sufficient capital, sometimes because of frequent cash flow challenges, or they struggle to find funds to invest in the necessary equipment, staff and resources required for business expansion and growth. Sign up for our seven days FREE course and learn about various sources of business funding available and what your business needs to do to attract it. https://fourclover.com.au/raising-capital-to-grow-your-bus/

05.01.2022 If growth is your primary goal, take note of these two essential sales strategies: cross-selling and upselling. Why? Because its much easier to sell to existing customers than to acquire new ones. According to Marketing Metrics, the probability of selling to an existing customer is 60 to 70 percent, while the likelihood youll sell to a new prospect is just 5 to 20 percent. [ 446 more words ] https://fourclover.com.au/how-to-sell-more-to-existing-cus/

04.01.2022 Maintaining positive cash flow can be challenging for small businesses, whether youre just starting out or have been running your company for years. The difficulty often comes down to waiting for clients to pay their invoices. One or two chronic late payers cost valuable time and money when you have to chase them down; if reliable clients also fall behind one month, the result can be devastating. [ 434 more words ] https://fourclover.com.au/improving-cash-flow-how-to-get-p/

04.01.2022 Thinking about turning your passion into a paying gig? These steps will help you avoid some common mistakes as you set out to earn an income from your favorite pastime. Do you have what it takes? Unless youve run a business before, its easy to get carried away with the idea of how perfect it will be to get paid for doing what you love. [ 487 more words ] http://fourclover.com.au/how-to-turn-your-hobby-into-a-bus/

03.01.2022 The same advice for building a healthy investment portfolio applies to your business: diversifying will lower risk and increase growth. Adding a recurring revenue stream (or two, or three!) can provide a predictable, ongoing source of income which will improve the accuracy of your projections, increase profits, and provide a buffer for any unexpected sales dips. Here are four simple ways to start earning recurring revenue for your small business. [ 461 more words ] https://www.fourclover.com.au/why-you-need-recurring-reven/

02.01.2022 If you are trying to save money, switching from brand new goods to used items can make a lot of sense. Buying used does not always make sense, but exploring the pre-owned market is one of the best ways to save on many different classes of products. These 5 types of consumer goods are particularly good candidates for the used market. [ 595 more words ] https://fourclover.com.au/money-saving-tips-5-times-when-b/

02.01.2022 Four Clover referral program Introducing Four Clover referral program, designed to reward clients who refer new business to us. How does it work? Simply refer a new client to us and you get one of the services below for free: Free diagnostics Free Budget preparation Free annual cash flow forecast Free service credits $200.00 (non monetary redeemable) Simple as that. https://fourclover.com.au/four-clover-referral-program/

01.01.2022 Passion and talent are not enough to run profitable businesses The fall of Adriano Zumbos business empire is another proof that passion and talent are not enough to run profitable businesses. Numbers never lie. If your sales are good but yet you never have enough money to pay for your operation; then maybe you should find people like us to help you point out the leak. Dont wait until your businesses sink! Request a consultation today! http://fourclover.com.au/the-fall-of-adriano-zumbos-busine/

01.01.2022 While working at home as a freelancer sounds like the ultimate dream for anyone who tires of the rat race, freelancers still have more than their fair share of financial matters to worry about. In fact, perhaps the most important trait that any freelancer should have is the ability to be fully responsible and accountable to themselves, and saving money is something that you will be wholly responsible for. [ 735 more words ] https://www.fourclover.com.au/10-money-saving-tips-for-fre/

01.01.2022 They both work with financial data; they’re both essential for managing a successful business. Yet the roles and duties of a bookkeeper and accountant rarely overlap. If you’re like many business owners, you may not be exactly sure of the differences between a bookkeeper and accountant and whether you should hire one, or both. An established, growth-focused company will employee the services of both an accountant and bookkeeper. [ 521 more words ] https://fourclover.com.au/similarities-and-differences-bet/

01.01.2022 Most small business owners who use accounting software quickly master the basics. They automate processes like invoicing and payroll, track expenses and view real time financial reports to manage cash flow and make better business decisions. But what many business owners dont take advantage of are key insights that can improve customer care and increase sales. Here are some smart ways you can use your accounting software to help boost your bottom line. [ 403 more words ] https://fourclover.com.au/how-accounting-software-can-incr/