Planning for Success | John Zerella  This is the time of the year that businesses are madly going through the End of Financial Year ’thing’. But what does the EOFY really mean to you? As business owners we are often inundated with tax minimisation strategies or we are considering making capital purchases for our business. Whilst these are worthwhile tasks, albeit a bit late in the financial year to really make a meaningful difference, they deal with ...

John Zerella - BIAS Australia So what will give your business the edge in the foreseeable future? What should your business be doing that it isn’t? As business owners, we are all looking for the next big thing, what is it that will give our business the edge? I believe, rather than trying to pick the future, we should be structuring our business to quickly adapt to whatever the future brings! ...

Planning to Achieve Business Goals Simon Chaplin | BIAS Australia  The importance of determining what you want to accomplish with planning is crucial to achieving goals.  Your goals should be documented, descriptive and visualised – what the mind can’t visualise, the mind can’t achieve! To plan effectively, setting the right objectives is critical.  To arrive at the best answers, we must first ask the right questions. ...

Organisational Culture Plant the right seeds rather than pull out weeds  John Zerella | BIAS Australia An organisation’s culture is what makes it unique, it is the shared beliefs that exist within a company that drive behaviour. Our beliefs control our behaviour, which direct our actions. So what we believe generally controls what we do. In even simpler terms, if your beliefs are different to mine then you will tend to do things differently ...

Planning for business   Planning for business success    John Zerella | BIAS Australia   A business plan is a road map for your business. Business success can be almost guaranteed if you put together a well-designed and accurate business plan. If you want your business to go from point ‘A’, where it is today, to point ‘B’ where you want your business to be in the future. You simply identify where your ...

Business owners are constantly conflicted when it comes to measuring business performance and often do not understand the difference between their cash position and their profit position.   Most business owners today would be using some form of software or application for the recording and bookkeeping of their business financial affairs. The most common ones are MYOB, Xero and QuickBooks. They all do a great job, however the information that comes out of these software systems, forming the basis ...