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Intelligent Business Solutions
Your Local Townsville Bookkeeper & Cloud Accounting Specialist

“Running a business is easy” – said no-one ever!!!  That’s where we come in….

You want your  time and your life back, we give you that.

At Intelligent Business Solutions NQ we support the business owner with bookkeeping services, cloud accounting, payroll support, review of results, business analysis and guidance to improve results.small-business-digital-grants

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Knowing the ‘figures’ of your business is critical to understanding how it is going and what to expect on the horizon.  With current information at hand we can work together to set up plans, targets, cash flow projections and fix issues that may be hindering your business. Providing focus and support to grow your business.

 

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Other regions we service:

Cairns Bookkeeping services | Bundaberg Bookkeeping Services

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Cash flow mistakes
Being passive about payments
Unpaid invoices are one of the fastest cash flow killers. If you aren’t proactive about collecting payments, you could be on your way to a cash flow crunch. If your clients don’t hear from you the moment a payment is late, they’re likely to pay you last out of all their vendors. Ensure you set clear penalties for late payments. Good policies include a five per cent late penalty when payment is five days late, and work stoppage when 30 days late (for service-based companies).
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Cash flow mistakes
Impulse spending
Starting a business involves many beneficial expenses – costs that will boost your company’s profitability in measurable ways. But there are also plenty of consultants, advisors and B2B service providers who will happily take your money for things you don’t actually need. Keep your eye on the bottom line by considering the costs and benefits of every single expense. Along with your revenue forecast, create a realistic budget and stick to it. Plan when your business will break even, and when unexpected expenses arise, go back to your projections and calculate how they will delay your break-even point.
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