Let Efficient Tradie help your sort out your bookkeeping

You have finally had enough and are ready to get help with your bookkeeping, well you have come to the right place.

Here at Efficient Tradie we specialise in working with Tradie’s to get their bookkeeping sorted out so you can build a business that actually makes you money without driving you into the ground.

Is that even possible?

Is generally the response I get.

Yes, it certainly is.

Really? How?

Is usually the next response I get.

You see at Efficient Tradie we love numbers, systems and processes.

We also love helping our Tradie clients set their business up so that they have more time to do the things they love.

We have found that our Tradie’s all have three main problems when it comes to their bookkeeping:

  • They have no time to get it done
  • They have no time to get it caught up
  • They have no time to find out how they can get themselves out of the mess of paperwork that seems to keep growing

Our love of numbers, systems and processes means all you have to do is decide you want to sort out your bookkeeping and get in contact with us and we can step you through the rest. We do all the heavy lifting and all you need to do is answer some questions.

Here at Efficient Tradie we ask a lot of questions as we want to find out about you and your business and what you want out of your business. We ask so many questions because we want to find easier and simpler ways for your business to run.

All we need to do is chat on the phone for about half an hour and that will give us all the information we need to get you started.

We do the rest.

Now of course you can do it all yourself, please make sure though if you chose this option you actually do do it.

We find though that those who decide to do it themselves fall in to two categories:

  • They decide to do it themselves but never do anything about actually starting
  • Those who do start but get an hour into it (if they are lucky) and go and do something else far more exciting for them and thus never get much further than the person who chose option 1.

Those who decide to team up with Efficient Tradie not only get their bookkeeping sorted out quicker, they also turn their cash flow which gives them more money in the bank sooner.

Book your phone call HERE or call Katie 0424151056 TODAY.

 

 

 

 

Why should I even bother getting my bookkeeping sorted out?

You deserve to have a business which doesn’t constantly stress you out.

Imagine if you never had to think about if your BAS was lodged or if your PAYG had been paid or if your superannuation payments were up to date.

Imagine if you had your invoicing up to date and knew exactly who owed you money and when it was due.

Imagine if you had someone who could make those phone calls for you to chase up the money owed to you.

Imagine you had a clear idea about what your cash flow looked like for the month ahead.

How much less stressful would your business be?

How much more fun would your week be?

How much happier would you be?

At Efficient Tradie we specialise in working with Tradie’s to do all these things for them.

 

I hear time and time again from new clients that they ‘wished they sorted this out sooner’, or ‘why did I wait so long’ and this is why we do what we do here at Efficient Tradie.

We specialise in working with Tradie’s because you are great to work with and I love making a difference to not only your business and life but to your wife and kids for those that have them. (Plus I love car’s, boat’s, bike’s basically anything with a motor in it)

At Efficient Tradie we help you build a business which allows you to take a long weekend and extended holidays. We help you grow your business so that you can get off the tools and run the business instead of being ‘stuck’ in the business.

So even though the thought of getting your bookkeeping sorted out doesn’t sound like your idea of fun, once it is, you will wish you had done it sooner.

Ready to get this sorted out once and for all?

Contact Katie for a chat now 0424151056 or send an email today.

 

 

Do you need help getting back on your feet?

This time of year is always a tuff time for Tradie’s and their cash flow.

Many job sites close over the Christmas/New Year period and just as many business ‘forget’ to pay their bills which means Tradie’s are often left short as all that work they did before Christmas won’t be paid until the businesses go back to work. Often this isn’t until mid to late January.

Then when the Tradie calls up to chase the invoice they are owed, they are given the runaround, ‘the accounts person is still on leave’, ‘that will be paid in the next payment run’ etc

Unfortunately I see too many Tradie’s and their families suffer because of this. For any small business cash flow can be a constant juggle and when Christmas/New Year period hits it often hits the hardest.

The problem is once you do finally get your invoices paid (in February if you are lucky) you are then playing catch up for what seems like eternity and before you know it Christmas is knocking on the door again and you promise yourself not to go through the same stress as the last. Unfortunately though if you haven’t done anything different to the past year the chances are you will have the same result.

How do you make it different to last year? How do you make sure you and your family aren’t stressed because your invoices for all your hard work weren’t paid on time?

Contact Katie today on 0424151056 for your FREE chat where we discuss your business and what you can do to make this a thing of the past rather than a regular occurrence.

The Numbers Never Lie

Like it or not the numbers of your business never lie and it doesn’t matter how long you ignore them for, they still don’t lie.

Over 80% of small businesses fail in the first five years. I am sure you have all heard that stat numerous times and like my clients I am sure you have thought ‘thank goodness that’s not me’.

In my experience, working with Tradie’s helping them know their numbers the majority of these Tradie’s are very close to becoming this statistic.

Through long hours and exhausting week after week you are staying just above the failure line.

The good news is that it doesn’t have to be ‘normal’.

I love numbers, I always have. It is what I get excited about and could talk about all day long and that is why I have a bookkeeping and financial management company which helps Tradie’s who don’t share this passion of mine.

Imagine you are a Tradie who knew exactly who you owed money too, knew exactly who owed you money.

Imagine if you had money map showing you what your cash flow would loook like in the coming month.

Imagine knowing you could pay all your bills on time, pay your staff in full including their super and tax and knew you could even draw yourself a wage each week.

Imagine how much better sleep you could have.

Imagine how much more enjoyable working in your business would be.

Imagine how much more you would enjoy your weekends.

Imagine how much better a family life you would have.

There is only one thing you need to do…look at your numbers.

If that thought freaks you out completely then the second thing you need to do is find someone who loves the numbers and can step you through a solution.

At Efficient Tradie we have a 5 step process which takes you from confused, stressed and overwhelmed to relieved and relaxed.

  1. Map: Where are you now and where would you like to be?
  2. Measure: We use technology such as Xero and Receipt Bank just to name a few to help organise your numbers which allows us to be able to measure them easily
  3. Manage: Now all your numbers have been uploaded and are correct we can focus on making sure those who owe you money pay their bills on your cash flow so that you no longer have to shuffle bills
  4. Master: This step is where we help you master your money through education and training. Now we know we are the specialist in the money department and we don’t expect you to be but we do believe it is important for you to at least understand the basics
  5. Maintain: The final step to ensure your financial foundation remains solid over time is maintenance. Regularly reviewing and revising your business will ensure your financial foundations don’t erode over time without you knowing.

If you are ready to take a look at your numbers and just don’t have the courage to go it alone, contact Katie today on 0424151056 or via email katie@efficienttradie.com to book your free discovery consultation.

Christmas Headaches, Who Needs Them? 4 steps to simplify your bookkeeping and have a more enjoyable New Year.

October already, where has the year gone?

With Christmas just around the corner this is the time that the work picks up for Tradie’s. All of a sudden everyone wants all those jobs finished ‘by Christmas’ and you are thankful that you will have some more cash for the festivities.

The problem I see is that Tradie’s ‘forget’ to sort out their bookkeeping and to not spend all that money and come January things start to become tight and by February you are using your credit card more, pulling money from your home loan or even worse, not paying bills on time.

This sets you up for a tough year as you are on the back foot right from the start.

So what can you do differently this quarter of the year to ensure you have a good start to the new year?

  1. Put money aside for your GST and don’t touch it. Yes you get an extra month to pay but if you don’t have it set aside as it comes in it’s unlikely you will have it come February’s due date.
  2. Make sure you pay your bills on time for this quarter. Don’t leave it till after Christmas.
  3. Put some extra money on your bills which you know will be coming in January and February to save being late.
  4. Set limits on how much you will spend on presents and outings and stick to it. Easier said than done I know. If doing this for everything is too much of a stretch then chose three and stick to those. Something is better than nothing.

If this sounds good in theory and you aren’t sure just how you could manage it for your business, contact Katie 0424151056 or book your 30 minute FREE review HERE to see how you can have an awesome New Year.

Are You Driving With Your Lights Off?

I recently read – Aussie Grit by Mark Webber.

As a lover of all things motor sport, Webber’s career was one of many race drivers that I have followed over the years. His Aussie attitude was certainly something that differentiates him from the usual Formula 1 drivers as did his exceptional driving skills which kept me interested in his career which spanned over 12 years at the elite level of F1.

There is something to be said for the determination that people have to reach their business goals. Whether they are sports people such as Mark Webber or the average Australian Business person trying to make a go of it, one thing I have learned is that those who are most successful over the longer term all have a plan.

A plan that involves not only point A being where the are today and point B being the ultimate destination but a detailed plan of how they are going to get there and at what point along the way they will review and adjust the plan so that when they hit a road bump and that is a certainty the alternatives have already been thought of and managed.

Mark Webber was no exception, over 20 years ago his partner Ann had a plan which they both worked towards and would take him to his ultimate destination – becoming a Formula 1 driver.

During my research of speaking to over 100 Tradie’s about their businesses, I have found that over 95% of them don’t have a financial plan.

THERE THREE MAINS PROBLEMS:

Not enough money
Not enough time
Not enough resources/contacts
The vicious circle of money, time and resources – we don’t have the time, to concentrate on making more money and without more money we can’t take the time to get better resources or betters contacts.

Mark Webber was short on all of these three also at the start. Yet he had a plan and then he begun to get more money through picking up the phone and contacting sponsors and potential sponsors, he built more contacts through those phones calls which opened other doors for him and he found the time because he had the final destination in mind at all times.

All my new clients come to me because they didn’t have a plan for the business finances and not only is their business is suffering, so is their health.

Imagine you are driving down the highway with you and your family or best mates in the car and its night time, the problem is none of you have seat belt on and the headlights are off.

Crazy? Yes

Would you do it? Not likely!

Why? because it is an accident waiting to happen.

Yet most Tradie’s are doing exactly that by not knowing the numbers of their business.

How safely are you traveling to your ultimate destination?

Are you driving with your lights off?

Ready to take a safer route?

Contact Katie today to help you start your journey.

The Numbers Never Lie

Numbers

Like it or not the numbers of your business never lie and it doesn’t matter how long you ignore them for, they still don’t lie.

Over 80% of small businesses fail in the first five years. I am sure you have all heard that stat numerous times and like my clients I am sure you have thought ‘thank goodness that’s not me’.

In my experience, working with small business owners helping them know their numbers the majority of the business owners are very close to becoming this statistic.

Through long hours and exhausting week after week you are staying just above the failure line.

The good news is that it doesn’t have to be ‘normal’.

I love numbers, I always have. It is what I get excited about and could talk about all day long and that is why I have a bookkeeping and financial management company which helps small business owners who don’t share this passion of mine.

Imagine you are a small business owner who knew exactly who you owed money too, knew exactly who owed you money.

Imagine if you had money map showing you what your cash flow would loook like in the coming month.

Imagine knowing you could pay all your bills on time, pay your staff in full including their super and tax and knew you could even draw yourself a wage each week.

Imagine how much better sleep you could have.

Imagine how much more enjoyable working in your business would be.

Imagine how much more you would enjoy your weekends.

Imagine how much better a family life you would have.

There is only one thing you need to do…look at your numbers.

If that thought freaks you out completely then the second thing you need to do is find someone who loves the numbers and can step you through a solution.

At Efficient Business Services we have a 5 step process which takes small business owners from confused, stressed and overwhelmed to relieved and relaxed.

  1. Map: Where are you now and where would you like to be?
  2. Measure: We use technology such as Xero and Receipt Bank just to name a few to help organise your numbers which allows us to be able to measure them easily
  3. Manage: Now all your numbers have been uploaded and are correct we can focus on making sure those who owe you money pay their bills on your cash flow so that you no longer have to shuffle bills
  4. Master: This step is where we help you master your money through education and training. Now we know we are the specialist in the money department and we don’t expect you to be but we do believe it is important for you to at least understand the basics
  5. Maintain: The final step to ensure your financial foundation remains solid over time is maintenance. Regularly reviewing and revising your business will ensure your financial foundations don’t erode over time without you knowing.

If you are ready to take a look at your numbers and just don’t have the courage to go it alone, contact Katie today on 0424151056 or via email katie@efficientbusinessservices.com.au to book your free discovery consultation.

How to make the most of this financial year before it’s too late

We are already in the last quarter of the 2015 – 2016 financial year.

Another financial year is nearly finished and for many Tradies you may have not yet finished your tax for the previous financial year.

So how do we make the most of this financial year before it’s too late?

Efficient Business Services (EBS) is a specialist Tradie’s bookkeeping and financial management business and we work with Tradie’s who are driven and who are looking to build a better business.

Here are my top 3 steps to help you make this most of the financial year:

  1. Ensure your bookkeeping is up to date:
    – If don’t have a bookkeeper, get one, NOW or at least have a chat and see how a specialist Xero bookkeeper could help your business.
    – A specialist Xero bookkeeper will be able to:
    * offer a bookkeeping service which is not your run of the mill standard bookkeeping service, one which suits you and your business
    * is able to implement cloud based programs such as Xero and Receipt Bank to reduce the time required by the bookkeeper to complete your bookkeeping
    * is able to suggest other areas of your business which may be improved through the use of certain programs or apps
    looks beyond the bookkeeping to help you speak to the right people at the right time to make sure you are making the most out of your business
    * has a network of trusted advisors including Accountants, Financial Planners, Business Insurance specialists, HR specialists and web specialists who they refer too not for financial gain but because it helps you and your business
    * use this CHECKLIST as a guide to ensure your bookkeeping is up to date and ready for the Accountant

2) Ensure you speak to your Accountant prior to the end of the financial year:
– Speaking to your Accountant on July 1 2016 is too late to make decisions for your business for the current financial year.
Time and time again I hear and read comments like ‘the Accountant charged us like a wounded bull and we got nothing for it so why should I bother speaking with them’.
– Like any profession there are great, good, bad and downright terrible and it is our responsibility as business owners to ensure we take ownership and ensure we work with the best Accountant for our business at the time.
– If you don’t like your current Accountant find another one.
– By having your bookkeeping up to date it means the Accountant can focus on the accounting side of things NOT the bookkeeping.
– Many people complain that their Accountant charges them too much and in the majority of the cases that is because you are paying them an Accountant’s hourly rate to do or fix the bookkeeping which hasn’t been done correctly which is why step one is vital

3) Ask questions and implement changes:
– Questions about this financial year and about next, even if they are just a slim chance of happening.
– Asking questions allows you to prepare for what might happen
– Preparation is key
– It is all good and well completing step 1 and 2 but then delaying taking those recommended steps won’t help your business at all
– A number of the changes might involve costs, remember to look at your long term goals before using the old excuse ‘I can’t afford it now’ as by not implementing the change now very well may be much more costly in the future

Efficient Business Services (EBS) helps ‘build better businesses’ and we specialise in working with driven small business owners who know the numbers are important to their business but just don’t have the enthusiasm to start sorting them out.

EBS’s first goal is to find out exactly what ‘better business’ means to you, the business owner.

Working with EBS means answering lots of questions, and I mean lots.

One reason for this is that at EBS we only work with those who we are a good match.

Secondly, we want to make sure we know where your business is now and most importantly where you want to the business to go.

It is then our job to work out what needs to be done to get you to your destination. We specialise in making this as simple as possible so you actually enjoy the journey.

Ready to take the first step? Contact Katie today on 0424151056 or email katie@efficientbusinessservices.com.au to chat about how you can make the most of this financial year before it is too late.