Business Wisdom

Signs When A Company Is In Trouble

Thumbnail image for Signs When A Company Is In Trouble by Arnold Shields 17 October 2011

Have you got a customer that is not paying it’s bills? How can you tell if a company is in financial trouble? There are a number of signs that a company is in trouble. These include: There is an increase in creditors calling for payment. This can be seen in the financial statements by examining the creditors days and seeing [...]

Read the full article →

Best Accounting Software for Small Business in Australia

Thumbnail image for Best Accounting Software for Small Business in Australia by Arnold Shields 12 October 2011

As Accountants, we spend a lot of time working with accounting software programs and also working with our clients in trying to resolve their accounting problems. And one of the most common questions that people ask is: What is the best accounting software for small business in Australia? Business owners have a number of problems with accounting software: The first [...]

Read the full article →

Business Structures for Internet Marketers

by Arnold Shields 28 July 2011

Understanding the business structures is important to any business, but the low barriers to entry in internet marketing businesses means that the business structures employed are not optimal for both tax and asset protection.

Read the full article →

Top 10 Tips for LinkedIn Networking

top 10 tips for linkedin networking by Arnold Shields 14 July 2011

LinkedIn is an effective tool to expand your network strategically.  As you connect with people you have access to second level contactees you can strategically approach them.  It is important to respect your first level contact’s connections.  It is not just a blatant hard sell to as many people as you can contact with the hope of a 2% success [...]

Read the full article →

A Two Speed Economy – What does it mean?

Thumbnail image for A Two Speed Economy – What does it mean? by Arnold Shields 14 June 2011

Prior to last weeks GDP figures for the March 2011 quarter, I had been talking to our clients, business people, bankers about how they felt the economy was going and the answer unanimously was pretty tough. Many business across a wide range of industries were finding cashflow and trading conditions difficult. The housing sector which is driver for discretionary consumer demand  is under [...]

Read the full article →

Make Sure You Are Contactable

Thumbnail image for Make Sure You Are Contactable by Arnold Shields 7 June 2011

Ever tried to get hold of a firm but can’t find its phone number on its website? Or tried to look it up in a business directory and it’s not there? It’s frustrating and makes you wonder how much the owners want to speak to their clients. Potential clients that arrive at your firm through advertising, word of mouth or [...]

Read the full article →

Housing Prices Fall in March Quarter

by Arnold Shields 2 May 2011

Recent statistics show that demand for property is falling with Sydney median dwelling prices falling by 1.1% (RP Data) and the growth in housing credit slowed to 0.4%. This means that the banks have not increased their lending to finance residential property. I wonder whether the lowering of demand is due to tighter bank lending criteria post GFC or buyers [...]

Read the full article →
Page 2 of 1212345...10...Last »