View a selection of articles and blog posts by Trak Accounting.
Do you want to get ahead in life financially? Do you have your own goals and are working towards them? If you don’t or if you’re not sure if your goals are the best for you, or if you are struggling to reach your goals, it may be time to evaluate some things around yourRead More »
Most start-ups – maybe as many as 90% – fail. That’s a daunting statistic! However, most of these failures weren’t inevitable. With more knowledge comes a far better chance of turning a start-up into a solid, established business. We’ve put together the top ten mistakes that start-ups make – and how you can avoid makingRead More »
Daniel is one of our full-time Accountants at Trak. He’s been with us since we started over two and a half years ago when there were just two staff members alongside myself and Gail. Initially part-time, Daniel has taken on more and more responsibility as the business has grown and he’s now fully immersed inRead More »
Use Off-Site Meetings to Motivate Staff A useful planning tool that has been growing in popularity over the last few years is the off-site meeting. Its basic premise is to take staff out of their usual environment (the office) during work hours, allow them to relax, and plan out the next few months, or theRead More »
As the economic landscape changes, it’s important to regularly review your business plan to discover whether it still works for your business given the internal and external changes that are bound to have occurred. The start of the year is a great time to review your business’s direction and goals. We’ve put together a listRead More »
For small businesses, other than the retail and tourism sectors, Christmas can really test the cash flow. Not only because we’re constantly spending on presents, food, festivities and holidays, but also because work slows down for a lot of industries round mid December and doesn’t start to pick up until February/March the following year. IsRead More »