GoFi8ure 2020 Christmas e-book

2020 is finally almost over… we made it!

We’ve put together a short eBook (attached), providing some light reading, reflection activities (to harness any positives from 2020) and a bangin’ cocktail recipe; we hope you enjoy it!

Our office will be closing from the 24th December with skeleton crew back on the 6th of January.

Hopefully, you plan to take some time off to relax and reset for the New Year.  We’re looking forward to working together in 2021, whatever it brings.

Click here to read our 2020 Christmas e-Book

From our bubble to yours, stay safe and have the best break you can!

Take care,

The Team at GoFi8ure

Are you executing your business strategy?

Are you executing your business strategy?

Execution is an easy concept to talk about, but it can be a hard one to… well… execute. The main problem is that it is a real challenge to measure and manage a concept.

If we are honest about it, “Gut-level” decision making is a practice of the past. With so many amazing tools and software resources available, you can now have access to all the organisational data you would ever need to inform and guide your decision-making process.

When Warehouse Stationery asked their BizReward customers what they wish they had known about before going into business, almost half of the respondents said accounting and finances (49%).

This was followed by:

  • Marketing and advertising (39%);
  • Business development (38%);
  • Technology (33%), and;
  • Relevant regulations (25%).

Interestingly, when people were asked what they wish they knew more about now, the same top five appeared, just in a slightly different order; however, accounting was still number one.

There are two components that help with executing your business strategy:

  1. Having the right accounting software – set up, and working, and;
  2. Having the financial knowledge and information available to help make informed business decisions.

The better you understand your business, the easier it is to make decisions – therefore, the easier it will be to make more money. Management decisions rely on a sound understanding of the financial implications for a business. GoFi8ure offers a service which helps enable business owners to fully understand and interpret their numbers, so they have a strong foundation on which to grow their business.

How many of these questions can you answer, with confidence?

  1. How much profit have I made this year?
  2. Why has my profit increased, but I have no cash?
  3. Is my cash level increasing, or decreasing?
  4. What is affecting my cash level?

Any time is a good time to improve your understanding of your financial reports to improve business performance.  The sooner you start executing your plan, the sooner you will have a better understanding of financial results and their implications, and the more control you will have over outcomes.

Are you confident you have the right software and tools in place to help you achieve your strategic goals? Today’s technology provides advanced reporting and business analysis capabilities, to help you gain a deeper understanding of business performance, customer preferences and market trends. Your executives and business managers can access performance metrics and analytical reports, enabling them to use this information to work together to set or redesign strategy.

Remember: Failing to plan is planning to fail, and it is vital to plan-ahead to have a successful business. Contact us to book in your complimentary meeting, to discuss how GoFi8ure can proactively help you stick to your plan and achieve business success.

 

Digging Deep When Employing

In the last in the series of Small Business Basics, Lisa Martin, Executive Director of GoFi8ure says employ the right people. We all skim the surface on so many things in our lives. But, if there’s one area of business that needs you to be thorough – it’s hiring people. To read more click here.

Lisa Martin Her Business Magazine | Who’s Who June 2012

10 years of blood, sweat and tears & still going strong. Making it to that 10 year mark in business has not been easy in fact it has been quite the opposite. Lisa Martin knew if she was to become successful she would have to work very hard to achieve her goal.

To read more please click here.

Team talk Her Magazine | March 2011

The first step towards building a great group of people is building a great place for them to work. There’s a lot more to this than just paying people well. Salaries need to be commensurate with market value, but just paying above the market rate won’t guarantee you can attract (and keep) the best performers.

To read the article please click here.

Figure It Out – Her Magazine | March 2010

It’s no mystery that creating a successful business takes time! That’s why at GoFi8ure the team of Bookkeepers and Accountants are in the business of giving you more time, helping you to stimulate the growth of both your business and your passion. In 2002, Lisa Martin started GoFi8ure to respond to a key need of small businesses – the need for more time. To read more click here.