How to Ensure your Variable Expenses don’t drown your Business

Posted by Kelly Morgan on 25-Feb-2019 10:44:18



Fixed expenses are known, and often they are the ones that businesses focus on because they are the big ticket items. Staffing costs, rent, insurance, vehicle or machinery leases, etc. When we are cost cutting it is these items that we look to see how we can reduce the costs.

However, what many businesses often forget about is the variable expenses. They can be the frivolous amounts that we spend which add up over time and can make a significant difference to our bottom line. They can also be unexpected expenses that blow the budget and leave us with less cash flow than anticipated.

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Topics: Business accounting, Business success, business advisory, business strategy

Do these 50 things to become a better Entrepreneur

Posted by Azure Group on 06-Dec-2018 07:43:06



There is one thing that entrepreneurs want, and that is to be better. They are constantly striving for bigger and better. Never satisfied, they are always looking to achieve great things. But the one thing that will bring about the greatest shift for an entrepreneur is within. Working and investing on themselves is the best investment an Entrepreneur can make.

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Topics: Azure Group News, Entrepreneur, Business growth, Sydney Accountants, Business success, entrepreneurship

5 Areas of your Business to Review before the New Year

Posted by Azure Group on 30-Oct-2018 12:26:01



Entrepreneurs are more likely to plan for the future than evaluate the past. But how can you fix something when you don't know it's broken? How will you celebrate achievements when you don't realise how significant they are to the big picture? If you do not conduct a review mid way through the year, it's likely you'll begin January with the same troubled systems, processes, and problems.

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Topics: Azure Group News, strategy, Business growth, Business success, business valuation, business advisory, strategic advisor

5 Reasons you should understand the Value of Your Business

Posted by Kelly Morgan on 28-Sep-2018 07:00:00



Ever wondered what your business is worth? 
If you aren’t planning on selling in the near future you may not have even thought about it. However, we think it's important to always understand the value of your business and outline 5 compelling reasons why!

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Topics: Azure Group News, Business Growth & Cashflow, small business, Business accountants, Small Business Accounting, Business success, business valuation

Is Keeping it Simple Smart when setting Business Goals?

Posted by Azure Group on 24-Sep-2018 13:13:00



We've got a whole load of tips we could share with you to help you achieve your business goals but let's start with some fundamentals, which we find really helpful when advising businesses - 
Keep it SIMPLE and SMART. 

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Topics: strategy, Financial advisory, KPI, Business success, enterpreneurship, goal setting, business goals, 90 days spring methodology

Can you succeed as an Entrepreneur if you treat your Business like a Hobby?

Posted by Michael Derin on 01-Sep-2018 09:12:00

Whether you need motivation to transform your idea into a functioning business or you just need a little boost when you’re down, it’s always good to seek wisdom from bright and successful minds who have experienced it all before. 

Recently, I heard one successful entrepreneur say “If you don’t want to work ON YOUR startup for at least 10 years, don’t startup at all”.  This was meaningful to me because, as a business owner myself with more than 25 years experience in entrepreneurship I can easily relate with that sentiment.

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Topics: Business Growth & Cashflow, Entrepreneur, Startups, Business growth, Startup investors, Business success, enterpreneurship

Why you shouldn't do Business without Terms and Conditions?

Posted by Kelly Morgan on 14-Aug-2018 12:33:31

When setting up a business there are hundreds if not thousands of tasks of varying size that need to be done or considered. When you haven’t even got a client yet it is hard to consider that you need good terms and conditions. Many entrepreneurs think those sorts of things can wait till later.

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Topics: Azure Group News, Startups, small business, Startup Australia, Company Director, Business success, terms and conditions