Blackburn Accounting - Cashflow Strategy No.14

Worth repeating, the importance of factoring in the true costs of doing business, particularly amid a time of ever-increasing Business expenses.

Be aware that trying to absorb the costs of rising interest rates, fuel shortages, and out-of-control inflationary pressures can leave you financially disadvantaged and cash-strapped.

Tips:

Regularly check the cost of goods, products, and services to determine realistic profit margins and set prices neither too low or too high.

Pricing points are needed to keep you competitive and, in the red.

Communicate and be transparent with your customers, offer value for money, and they will keep coming back.

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"Tim has been our accountant for over 10 years and throughout that whole time, he has been very professional, trustworthy, efficient and a pleasure to work with. He has the capacity to understand complex issues and his knowledge is always up to date, providing a quality service."

Gregg Mountford Managing Director – Negotiator WA Pty Ltd

Leon Sainken

"Tim has been our accountant for the last eight years. He has an exceptional understanding of the for ever changing tax landscape which benefits all of his clients. As Tim has moved through his career we have followed, I think that’s testament to his ability!"

Leon Sainken Managing Director – LSA Advertising

Peter Shewring

"We have known Tim Blackburn since June 2007. He has been our accountant with the Glenrange Global Pty Ltd and Glenrange Enterprises refrigeration electrical engineering business and our food export business Auspies Pty Ltd to Russia."
Peter Shewring
Managing Director – Glenrange Global Pty Ltd

Peter Shewring

"During this time Tim has shown a professional aptitude to all matters of taxation and general advice for and to business, including the exporting business where there has been a high degree of complexity regarding accountancy, business strategies and taxation requirements.
From the exporting company inception, Tim travelled to Russia to facilitate Aussie Pie Pty Ltd for the compliance to both countries taxation regulations requirements.
Tim has the ability to place the customer and/or the company first, a rare commodity in today’s world."
Peter Shewring

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Cashflow Strategy No.14 - Pricing & Profit Margins

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