Review your Business Performance

REVIEW your business sales, expenses, profit and bank balance-monthly at a minimum. COMPARE the budgeted figures with the actual figures and analyse the variances. MANAGE your business by changing your business plan if it is wrong and implementing strategies to improve your business bottom line. QUESTIONS TO ASK YOURSELF: What value am I to my […]

Small Business Benchmarks

The A.T.O. uses small business benchmarks to identify businesses that may not be reporting some or all of their income. Input benchmarks (income to labour and materials used) apply to trades people who undertake domestic projects and are responsible for purchasing their own materials. Performance benchmarks provide financial ratios for your industry that compare your […]