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Blog by Fuel Accountants

Blog by
Fuel Accountants

  • Is Your Contracting Business Running Out of Fuel?

    Jan 30, 2023 | Categories: Profits , Building Strategy , Business Coaching , Business Growth , Business Tips , Future Financial Planning

    Blog by Fuel Accountants

      CashFlow is the Fuel That Keeps Your Business Running For contractors, the idea of cash flow management can seem overwhelming. But with the right strategies, you can ensure that your business has the necessary funds to cover expenses and remain profitable. With Profit First, you can learn how to manage your cash flow so that you always have the right amount of cash in the right place, at the right time. In this blog post, we’ll take a closer look at how Profit First can help contractors make sure their businesses stay solvent and profitable. Understanding Cash Flow Management for Contractors and Specialty…

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  • How much you should raise your prices

    Jan 02, 2023 | Categories: Building Strategy , Business Coaching , Business Growth , Business Tips , Finance , Money

    Blog by Fuel Accountants

    Few business owners enjoy breaking the news of an upcoming price increase. However, when you own a business you have to deal with ever-increasing costs. Although inflation is an unpleasant part of life, it is still part of life. Price increases are inevitable for a sustainable business. If you want to stay afloat, you’ll have to do them – and regularly. Read on for some tips on how to determine how much you should raise your prices. Company costs The type of business you run will determine how much it costs to stay in business. If you’re service-based, you will need to…

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  • 5 common payroll implementation errors you can easily avoid

    Dec 27, 2022 | Categories: Building Strategy , Business Coaching , Business Growth , Business Tips , Finance , Future Financial Planning , Organized Financial System , Staff , Wage

    Blog by Fuel Accountants

    Upgrading or changing your payroll system comes with a ton of wonderful benefits. Saving time and money, making everyone’s lives easier, and better integration are all good reasons to consider a change. But if the switch is mishandled, the results can be catastrophic and lead to long-lasting problems. Read on for some tips on how to avoid a disastrous payroll system migration. 1. Give the project the time it needs It’s true that people may enjoy coming to work. But for most people, earning money is the main reason they seek out employment. Our jobs make the world go round, and support…

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  • Time Blocking vs Time Boxing, other techniques, and how it all fits together

    Dec 19, 2022 | Categories: Business Coaching , Business Growth , Business Tips , Management , Productivity , Time Management

    Blog by Fuel Accountants

    In a world with endless distractions, it’s no wonder that we find it difficult to complete tasks. Focus is hard to come by these days. This is especially true when you’re working from home. Household tasks that would otherwise be out of sight and out of mind are suddenly in your workspace. With that said, there are some proven methods to help you get things done. Time blocking and Time boxing are the two main techniques, though there are some others as well. Read on to find out what might work best for you. Time Blocking You’re probably most familiar with time…

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  • How to manage small business inventory

    Dec 05, 2022 | Categories: Small Business , Business Growth , Business Tips , Inventory , Management , Small Business Accountants

    Blog by Fuel Accountants

    When starting a small business, business owners often think about things like the storefront, branding, and displays. They think of smiling employees and happy customers. It’s not usually the image of the shelves and cupboards in the back stockroom that fill their heads. But inventory is a critical component of your business. Sales are made and lost because of inventory control so it can’t be overlooked or left to sort itself out. Here are some tips for how to manage inventory for your small business. Look back to look ahead Forecasting is a vital activity when running a business, especially if you’re…

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  • 5 advantages to using electronic onboarding

    Nov 21, 2022 | Categories: Business Growth , Business Tips , Cloud Bookkeepers , E-Commerce Accountants , Finance , Management , Online Accounting , Organized Financial System , Software

    Blog by Fuel Accountants

    The process of onboarding employees is often lengthy, but it’s important. New hires need to learn your company’s culture, policies, and procedures. You also need to get some critical information from them so that they can legally work for you. The onboarding process is typically long and a little dry. It may include training, equipment distribution, benefits orientation, and security policies, just to name a few.There are many benefits to switching this traditionally paper-heavy and arduous process online. Read on to learn 5 great reasons to make the switch. 1. Make a great first impression Some surveys suggest that up to 50%…

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  • 6 Reasons Why You Should Raise Your Prices

    Nov 14, 2022 | Categories: Profit , Business , Business Coaching , Business Growth , Business Tips , Customers , Finance

    Blog by Fuel Accountants

    There comes a time for every small business to raise their prices. While it may seem scary, remember that it’s your job to keep prices fair, both for you and your customers. That means you have to charge prices that work for you and allow you to remain in business. Read on for six reasons to raise your prices. Your costs have grown The thing about inflation is that everyone is going to feel the pinch – including you. If your business supplies are now more costly than they were before, you have to pass those costs on. Otherwise you’re the one losing…

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  • 5 ways to combat inflation

    Nov 08, 2022 | Categories: Small Business , Business Growth , Business Tips , Expenses , Financial Coach , Future Financial Planning , Personal Finance , Profit First Coaching

    Blog by Fuel Accountants

    It seems that every news outlet is sounding the alarm about high inflation these days. While it might sound like it’s time to panic, you don’t have to. With a few adjustments, you can handily fight off inflation and possibly even benefit from the current economic climate. Read on to discover 5 ways you can combat inflation and make your money work harder for you. Find out what you spend and how you can save Like most pieces of financial advice, everything starts with a budget. It’s crucial to understand exactly where your money is going because it’s not going to go as…

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  • Paying Expenses/Making Multiple Personalities Work for You

    Oct 30, 2014 | Categories: Building Strategy , Business , Business Growth

    Blog by Fuel Accountants

    When you own a business everyone’s got their hands out for some of your money. Whether it’s employees, suppliers, the government or even customers – you’re paying bills and paying people left-right, and center. But it’s not just business – you have a family and friends and the sports club and the girl's night out – many things that require you to make payments. Sometimes it can be a challenge to keep it all straight. In fact – it really is like having multiple personalities with you that sometimes all try to come out together,

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  • Why Businesses STOP Growing

    Jul 01, 2014 | Categories: Business , Business Growth

    To understand why growth slows or stagnates in any business, we first need to look at how a typical business evolves and why the frustration starts to mount as this growth slows. We call this the ‘Growth Roller-Coaster’.

    Word is spread by customers and referrers about the great, cost-effective products or services and new business is easily gained. The business quickly expands to a peak at point A, driven by the personalities and skills of its owners.

    CLICK HERE TO READ THE FULL ARTICLE »


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Recent Posts

  • Is Your Contracting Business Running Out of Fuel?
  • How much you should raise your prices
  • 5 common payroll implementation errors you can easily avoid
  • Time Blocking vs Time Boxing, other techniques, and how it all fits together
  • How to manage small business inventory
  • 5 advantages to using electronic onboarding
  • 6 Reasons Why You Should Raise Your Prices
  • 5 ways to combat inflation
  • Paying Expenses/Making Multiple Personalities Work for You
  • Why Businesses STOP Growing
41A Bay Street, Petone, Wellington 5012, New Zealand
105-55 Albert Street, Markham, ON L3P 2T4, Canada
10319 SE 15th Street, Suite 100, Vancouver, WA 98664
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Copyright © 2023 - Fuel Accountants. Powered By Webware.io
Fuel Accountants
Copyright © 2023
41A Bay Street, Petone, Wellington 5012, New Zealand
105-55 Albert Street, Markham, ON L3P 2T4, Canada
10319 SE 15th Street, Suite 100, Vancouver, WA 98664
PRIVACY POLICY
COMMON FILES
Join our mailing list
Copyright © 2023 - Fuel Accountants. Powered By Webware.io
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