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Are you the bottleneck in your business?

Apr 27, 2021

So many times when I first talk to bookkeepers it is clear that they are the bottleneck in their business. 

If work piles up around you because you don't have the capacity to get everything done in the time that you've got, then perhaps this resonates with you. Are you the bottleneck in your business?

Just so we're clear what I'm referring to, a bottleneck is a point of congestion in a process. Just like an actual bottle where the flow of liquid is restricted by how...

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The dreaded to-do list

Mar 28, 2021

Do you have a big long list of everything you need to do? Worse still, is that to-do list your email Inbox? Even worse still again, is that list in your head?

In the book Getting Things Done, David Allen says "your brain is not a filing cabinet," but that's kind of what we try to do, isn't it? So many thoughts and ideas and tasks rattling around in our head. There's no way we can possibly remember it all.

What we end up within our head is a virtual mountain of old-school brown manila...

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Are you desperate to reclaim your time?

Mar 22, 2021

Are you feeling excited to be back to work today? Or does Monday come with a sense of heaviness and stress?

Do you often feel like you're stretched too thin, at the beck and call of others with a thousand tabs open in your brain and not enough hours in the day? Are you desperate to reclaim your time?

How to free up your time is one of the first things I look at when I start working with a bookkeeper, along with systems, and pricing. There are also a whole lot of mindset shifts going on as you...

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How Will You Spend Your Birthday This Year?

Mar 03, 2021

I believe that birthdays are the one day of the year when we should celebrate life to the fullest, whatever that means for you. After all, growing older is a privilege denied to many, and I don't take it for granted. 

I never work on my birthday, I've made it "company policy." I usually do something just for me, like get a massage or a facial, have lunch with friends, dinner with family, etc.

I'm a January baby, so I've had my birthday already. This year I gifted myself a Surf and Yoga...

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Money, Money, Money, Must Be Funny...

Jan 27, 2021
"Your business exists so that you can make money to buy investments that also make you money. That is how wealthy people think."
- Donald Miller, Author of Building a Story Brand.
 
 Money is a big topic and often one we shy away from for a number of stupid reasons. I think we should talk about it more.
 
So let's talk about money.
 
The truth is that for quite some time in my adult life, I was lousy at saving. Which is weird because I was a star saver in...
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8 Questions to Consider when Reviewing your Business

Dec 08, 2020

There is such a different energy in the air when spring and summer roll around isn’t there? You know, longer days, bluer skies, warmer weather.

In New Zealand we are lucky, I think, that this change of season also occurs at the end of the calendar year. 

Our bodies and minds are re-energised by this newness, and our businesses can be too. 

When we're coming to the end of one year and about to start a new year afresh, it is a great time to think about what next.

The...

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The language you use matters

Nov 12, 2020

Last weekend, I attended the Institute of Certified NZ Bookkeepers annual conference where I was presenting at a session about my journey, from starting my bookkeeping business to selling it, and subsequently starting a business coaching business.

I had to give myself a good talking to a few days out from the conference when I realised that the language that I was using around my presentation was not helpful and was, in fact, just making me nervous and anxious about it. 

It was under the...

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When other bookkeepers are cheaper

Oct 13, 2020

As professional bookkeepers trying to build our client base, it can be discouraging to see others advertising a (much) lower rate. How on Earth will you ever get more clients when others are offering the “same” thing for way less?

But here’s why you should try not to get discouraged.

If you haven’t read last week’s blog post Are you Charging Enough? then I suggest you do so before reading this one to remind yourself about all the reasons you shouldn’t...

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Are you charging enough?

Oct 08, 2020

A bookkeeper that I’m mentoring was recently advised that she couldn’t possibly charge market rate as she was just starting out.

Here’s why I wholeheartedly disagree with this, and why you shouldn’t charge a low hourly rate even if you are just starting out.

Market rate is market rate

Anyone charging less than market rate does the whole industry a disservice.

We’ve worked so hard since the days when I started my bookkeeping practice in 2007 to improve the profile...

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Every Month is a GST Month

Sep 10, 2020

#everymonthisaGSTmonth

Bookkeepers in New Zealand often find that their workload has pesky peaks and troughs that correspond to our 2-monthly GST cycles.

This often results in a more stressful workload every second month, not to mention the negative effect that it has on cashflow.

This is also sometimes compounded with "those" clients who are notoriously difficult about getting information to you in a timely manner, resulting in last minute filing (more about managing client expectations in...

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