proCFO in Wembley, Western Australia, Australia | Accountant

proCFO

Locality: Wembley, Western Australia, Australia

Phone: +61 8 6311 9799

Address: Unit 10A, 151 Herdsman Parade 6014 Wembley, WA, Australia

Website: http://procfo.com.au

Likes: 4895

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• Consultation agency
• Accountant
• Financial service
• Business consultant

23.01.2022 There’s an awful lot of truth in this quote from Zig Ziglar.

22.01.2022 https://www.realestate.com.au//the-aussie-suburbs-using-/

22.01.2022 My dad once said to me Knowledge is no burden to carry so I try to learn something new everyday.

21.01.2022 Passwords... they're like oxygen. You can't survive without them. And we all know the risk of using the same password for multiple accounts. But who can be bothered trying to remember more than a handful right? I currently have over 100 passwords. But I use a password tool to manage my passwords so they are ALL unique and "strong" making them very difficult for the bad guys to hack. I just have to remember one complex master password and with my 2FA authenticator app... I have ready access to all of them. And the password manager auto-completes the login details if I want - so nothing to type! If you spend just 10 minutes every day logging into sites that require passwords you're wasting almost an hour a week on this useless task... that's over 50 hrs a year. That's more than a full working week lost. Do yourself a HUGE favour and start using a password manager. If not for the time you can save, then for the added peace of mind.

17.01.2022 Business owners, what are you chasing..???

16.01.2022 Get OFF the business treadmill. In 20 years working and networking with business owners I hear some common themes. There is nowhere near enough reward for the huge RISKS, massive personal EFFORT and lost OPPORTUNITIES to do the things that are important to them.... So many business owners feel that they are running an eternal marathon. The pace keeps getting faster and trying to keep up with it means working harder and harder and putting in longer hours. The truth is this marathon is un-winnable. And managing these things along the way is like running that race with NO water stops Poor cash flow Losing customers to price cutting competitors Wasting money on the latest marketing gimmick Working with customers who do not appreciate or value their work Worrying about poor social media reviews that will harm their business reputation. Working 60, 70, 80+ hours a week. It’s just not a fun way to run a business. Right? It’s soul-destroying and certainly not the reason why we went into business in the first place. How do I know? Because I have been there. BUT, I was able to withdraw from the marathon permanently and totally transform my life and business. I now only do the work that I truly love, for clients who value and appreciate it and who pay me well! What I truly enjoy the most is helping others escape that race and see the transformation take place not only in their business life, but their personal world as well. How do I do this you may ask? Well, by giving them the truthful data about their business and helping them navigate a course to maximising profit and achieving a cash flow positive business. Simple right? It is simple when you have the systems and processes to do it. And as an accountant with a love for technology and a passion for seeing others transform, designing a system to help others achieve this was a no-brainer for me. So, if you are running the never-ending marathon and want to withdraw permanently from the race, I would love to chat with you. Spending 30 minutes together to drill down into the depths of your business and identifying the things that are broken and more importantly the things that are working. And then crafting a plan to move you forward. Here is the direct link to my calendar so you can select a suitable time. https://calendly.com/procfo/chat-with-david And if you can’t find a time that suits - then send me a note: [email protected] Looking forward to talking with you. Best David

13.01.2022 Beware of the "sting in the tail" when using the $150k instant asset write off.

13.01.2022 Want to reduce the time you spend on admin and paperwork in your business? Accounts Payable Automation can reduce the admin time on processing supplier invoices by up to 90%. Manual data entry of supplier invoices is a thing of the past... and so is filing of the paper invoices. STOP doing it!... There are lots of solutions available. Read here https://www.procfo.com.au/save-time-money-automated-accoun/ how we saved this business $30,000 on this one task. Get in touch if you want help with it [email protected]

12.01.2022 Get 50% off XERO for 4 months. Xero is the preferred software platform for more than 90% of our clients and we are a silver partner with Xero. The offer expires on June 30th. If you've been contemplating a change of accounting systems, NOW is the perfect time to do it. ... Contact us to find out about FREE data conversion offer and how switching to Xero could remove some of your record keeping hassles.

02.01.2022 We recently implemented this brilliant accounts receivable tool for another client. I would say that Debtor Collection (or lack of) is the most consistent problem we see facing SME businesses. No-one likes doing it and it usually gets left until a business owner realises they're going to run out of cash.... The KEY to collecting the money you're owed is to be consistent in your follow up efforts and make it easy for your customers to pay you! I love this product and how easy it automates your collection process. And it's fully customisable to your business needs. https://ezycollect.com.au/

01.01.2022 I finally learned this lesson. Time is too precious so stick to what you're good at and outsource everything else!