Brilliant-Online | Brilliant Sports | July 2021 Issue

Page 28

FREE BUSINESS HEALTH CHECK JOHN CLARKE, TAX AND FINANCIAL ACCOUNTING ADVISORY I don’t know if you’re like me but staring at pages full of numbers often isn’t very helpful in making business decisions. I worked in one organization where the profit and loss statement the Board had been getting before I started was nine pages and meaningless as a tool for decision making. The organization had three main sources of income and expenditure. I provided a onepage breakdown showing for each of these sources of income and expenditure so the directors could make better decisions. To help draw attention both to areas that were going well and needed attention I used emoticons. I also use charts to identify trends. My dream is that instead of businesses thinking of their numbers as figures for the tax return, that they look at what they mean for the business.

7 CRITICAL LEVERS FOR YOUR PROFIT AND CASHFLOW

1. How much money is owing to the business (receivables or debtors 2. How much money is owing by the business (payables or creditors)

point might be different to your neighbour’s. One of you might have slow payers, another might not be turning their stock over quickly enough.

FREE BUSINESS HEALTH CHECK

4. How much stock (inventory) the business is holding

During July and August 2021 Success Tax Professionals Port Macquarie office would like to offer a confidential no-obligation free one-hour business health check to businesses in Mid North Coast to help you make sense of your numbers.

5. The price you are selling goods or services for

FREE BUSINESS HEALTH CHECK

3. Overheads

6. The volume of sales 7. Cost of goods sold Pain Points for Your Business One size doesn’t fit all. Your pain

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BENJE TRAVIS ON DARK ALLEY SESSIONS

3min
pages 72-73

THE LYRICAL

2min
pages 70-71

BRILLIANT WALKS SIDE BY SIDE WITH BUSINESSES THROUGH A PANDEMIC STORM

11min
pages 83-87

GIFT CARDS FOR LOCAL PEOPLE WITHOUT A HOME

1min
page 81

THE WAUCHOPE CREATIVE CLUB IS AN ARTISTIC COLLECTIVE

2min
pages 78-79

GROW SUSTAINABLE LIVING MAKES SUSTAINABILITY ACCESSIBLE

3min
pages 76-77

THERE IS SOMETHING MAGICAL ABOUT THE BLUE MOUNTAINS

2min
pages 66-67

LUXURY GLAMPING AT TOMS CREEK NATURE DOMES

7min
pages 62-65

PHUKET’S FOOTSTEPS IN THE SAND TOWARDS A NEW POST-COVID WORLD

8min
pages 58-61

FORSTER TUNCURRY PHYSIOTHERAPY & ALLIED HEALTH

2min
page 56

LIFTING SPIRITS WITH BUTTERFLIES

5min
pages 54-55

LEA BAILEY TALKS ABOUT BREATHING AT CALMBIRTH®

3min
pages 52-53

THE ELUSIVENESS OF COMMODITY PRICING - WHERE ARE THEY HEADED?

3min
pages 49-50

CHALICE MINING CONFIRMS JULIMARSTYLE MINERALISATION FOR JV THOR PROJECT

1min
page 48

ADVICE ON DECIDUOUS BY GREENBOURNE NURSERY

6min
pages 44-46

FOR BUSINESS NETWORKS IN PORT MACQUARIE-HASTINGS, COMMUNITY COMES FIRST

8min
pages 40-42

MICRO BUSINESS FORUM

9min
pages 36-39

GOURMAND INGREDIENTS IS THE COMMUNITY’S SPICE OF LIFE

2min
page 34

SUSHIKO MANAGING TO STAY AFLOAT IN TOUGH TIMES

3min
pages 32-33

UTOPIAN LIVING ACRYLIC ARTS

1min
pages 30-31

EXCEEDING INTO THE FUTURE WITH TG’S CHILD CARE

8min
pages 24-27

HASTINGS VALLEY MOUNTAIN BIKE RIDERS

1min
page 22

HEAR THE WAUCHOPE THUNDER ROAR!

4min
pages 20-21

Kyokushin Karate

1min
page 19

PREPARE FOR THE 2021 3RIVERS CHALLENGE

1min
page 18

JOHN CLARKE, TAX AND FINANCIAL ACCOUNTING ADVISORY

1min
pages 28-29

RUGBYTOTS - A WHOLE NEW BALLGAME

2min
pages 16-17

DROPKNEE SESSIONS COLLABORATING WITH SILVER QUINN PRODUCTIONS

5min
pages 12-15

THE BALL IS BACK IN THE COURT FOR RAFAEL NADAL AND ANDY CHEUNG

6min
pages 8-11
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