Tomorrow’s Loot Today!

                                         Do your customers pay it forward?
 
I wasn’t going to do a tax post, but something unprecedented and rather special happened this week.
One of my newest clients asked if she could pay me a chunk of change now for work I’ll do next year.
After deliberating for several nanoseconds, I agreed.
I like this deal very [...]

Barter Me Up!

                                                      Do you barter?
 
Remember bartering?
By specialising, you’d swap excess production for other specialists’ goods, e.g.:

Eggs for milk.
Milk for bread.
Bread for honey.

Bartering saved you having to make everything yourself.
Naturally, if you made pins and wanted a reindeer, this could take some time and several exchanges.
And as we invented more ‘needs’ and stuff, the system became progressively untenable.
But [...]

Pain Points – Part 2

 
Part 1 covered the top eight ‘pain points’ (as ranked by SMEs in MYOB’s Business Monitor).
Here are the lower eight, again with my comments.
 
9.    Doing monthly accounts including tax
I hate bookkeeping so much, I put all my papers in a box and spend one agonising day per quarter sorting them out.
I like words, not numbers!
 
10. [...]

Pain Points

Part 1 of 2
Megan told me about MYOB’s quarterly Business Monitor.
I’d not heard of it, but when she mentioned ‘pain points’ I wanted in.
Below is the latest ‘league table’ of 16 top business hurts.
1165 SMEs have ranked them from AAARGHHH!!! to meh…
I’ve added my thoughts on 2009-10. I hope you will too.
 
1.    Marketing to get [...]

Teabags, Toilet Paper & Tax

Over the years, I’ve peppered my accountant with (mostly outrageous) questions about what I can legally claim against my business income to minimise my tax. My learnings are summarised below.
With any luck, you’ll spot something you haven’t considered. Even better, you’ll table things I’ve missed. If we all contribute, we’ll create a comprehensive list [...]