Helping your business be financially successful

At Stream Accounting, we provide services and education that assists you in growing your business; profitably!

Here's what you need to make better financial decisions in your business:

1. You need a plan

In order to achieve financial success, you need to have a plan.

You need this plan to have clear targets on what you are trying to achieve.

And include actionable profit and cash generation strategies so you can achieve these targets.

2. You need to understand your numbers

Without being able to understand your numbers, you will not know how your business has performed in the past.

And you won't know what you need to do to improve your numbers moving forward.

3. You need accurate numbers

Without accurate, up to date and real-time numbers, it is nearly impossible to know how your business has been performing.

And you won't know what you need to do to improve your numbers.

You went into business to achieve financial freedom

You work too hard not to be rewarded for it

This is how we can help:

Step 1. We establish and manage best practice bookkeeping systems

Without well defined and managing bookkeeping systems, the whole process of managing your business can fall apart.

During our initial meetings with you, we will define and document your current processes and recommend and implement our best practice systems.

We then manage this process on a weekly basis to ensure you have up to date and real-time numbers, ensure your debtors and creditors are up to date and ensure your employees and suppliers are paid.

Knowing exactly where your business stands on an ongoing basis is vital for you to ensure your tax, GST and super doesn’t build up and that you’re really making a profit each month.

Our bookkeeping services using Xero are designed to save you time and take the pain out of getting everything together. Make sure effective financial systems and data-gathering processes are in place and up to date: accurate, real-time numbers helping you make more informed decisions about your business for better compliance and healthier cash flow.

Step 2. We help you understand your numbers with reporting

Our Management Reporting service will help you stay on track to achieve your goals.

Your monthly Management Report provides a snapshot of your results, forcing you to take time out from working in your business to get perspective of your financial position and determine the best actions for improvement.

We then work with a number of clients where, on either a monthly or quarterly basis, we act as a sounding board and independent party to ask you the hard questions about the drivers and the results.

This focuses your mind, allows you to form a clear Action Plan to improve results, and then increases your chances of success because you know you need to report in to us next time.

Step 3. We help you establish a profitability and cash flow improvement plan and assist you in executing the actions

Once both Steps 1 and 2 are in place and being managed, we can move onto Step 3.

In an initial meeting, we will help you:

1. Calculate your cash conversion cycle

2. Determine strategies you can implement to improve your cash flow and profit

3. Use our calculators to demonstrate the impact these strategies can have on your cash position and profit

4. Identify actions you should take to implement agreed strategies

5. And ultimately, create a Cash Flow Management Plan

In subsequent meetings, we will help you:

1. Review the implementation of the recommended strategies

2. Review the impact this has had on your cash flow and profit

3. Determine the next greatest impact strategies that can help you improve your cash flow and profit

4. Use our calculators to demonstrate the impact these strategies can have on your cash position and profit

5. Identify how you can implement these strategies to achieve your improvement targets

6. Update your Cash Flow Management Plan

Ready to free your time and achieve your financial goals?

ABOUT

Helping your business become financially successful by helping you understand your numbers

SATURDAY STRATEGY

Every Saturday you will get 1 actionable strategy to improve the cash flow in your business