Episode 7 – Drew Browne from Sapience Financial

business expense insurance

In this episode of Seeing Through the Numbers, I’m talking with Drew Browne from Sapience Financial about business expense insurance.

Drew is a straight-talking financial adviser who believes life is not about money. He’s focused on helping small businesses owners and their families, protect and provide for those they love and what they’re are responsible for.

A big believer in protecting your purpose, Drew believes when people feel secure, they live bigger lives and lead better businesses. His company Sapience Financial & Investment is a Certified B Corp and in 2017 he received the Westpac Businesses of Tomorrow Award.

We’ll find out just what Business Expense Insurance is, discover the best time to take it out and whether this is right for your business.

FULL TRANSCRIPT

Download The Full Episode Transcript here

SHOW NOTES

Drew mentions a downloadable asset to help you determine your Ongoing Fixed Business Expenses.  The checklist can be found here.

You can find Sapience at sapience.com.au

And you can find Drew on LinkedIn and Facebook.

Drew’s favourite business book is Intelligent Leadership by Alister MANT 1997

And his Favorite  App – Google sites which can be found via your Google account.

Download Amanda’s full Glossary of Terms to help you learn the language of numbers.

To find out more about Amanda visit www.amandafisher.com.au
Find out more about Amanda’s Xero Optimisation program 
Learn more about Amanda’s Business Cash Flow Mastery program 
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Episode 6 – Expenses, Payments & Savings

expenses payments savings

In today’s episode, I’m talking about expenses, payments and savings

Whilst you do need to spend money to make money, often expenses creep in and you find if you look that you’re paying for things you don’t require or need.

In this episode, we’ll take a look at:

  • How to save money on things like subscriptions
  • Fixed vs Variable costs
  • Return on Investment

 

FULL TRANSCRIPT

Download The Full Episode Transcript here

Show Notes

As always, the podcast mentions the amazing Xero platform – sign up here.

Download Amanda’s full Glossary of Terms to help you learn the language of numbers.

 

To find out more about Amanda visit www.amandafisher.com.au
Find out more about Amanda’s Xero Optimisation program 
Learn more about Amanda’s Business Cash Flow Mastery program 
Subscribe to Amanda’s newsletter – filled with event news, blogs, reviews and case studies

Episode 5 – Nick Urry from Dexterous talks Bookkeeping

bookkeeping

In this episode, I’m talking with Nick Urry from Dexterous Accounting about bookkeeping.

Nick has worked in Finance & Operations for over 10 years across a range of sectors including Professional Services, Recruitment and currently Banking & Financial Services.

Nick is a CA and registered Tax Agent. His experience working in large organisations and also small businesses has given him an appreciation for just the right amount of process and procedures required to develop a high functioning finance team / operation.

Nick is highly effective in analysing a process and then recommending and implementing efficiencies either through automation or more general process improvements. The end result is an enhancement to the existing process and creation of a more efficient operating environment saving businesses time and money.

FULL TRANSCRIPT

Download The Full Episode Transcript here

Show Notes

Learn more about Nick Urry and Dexterous.

As always, the podcast mentions the amazing Xero platform – sign up here.

Nick recommends the book Four Tendencies by Gretchen Rubin.

Download Amanda’s full Glossary of Terms to help you learn the language of numbers.

 

To find out more about Amanda visit www.amandafisher.com.au
Find out more about Amanda’s Xero Optimisation program 
Learn more about Amanda’s Business Cash Flow Mastery program 
Subscribe to Amanda’s newsletter – filled with event news, blogs, reviews and case studies

Episode 4 – Bookkeeping

importance of bookkeeping

Today Amanda is talking bookkeeping – no, not about how to be a bookkeeper or data entry – I’m going to talk about the importance of bookkeeping to allow you to get accurate data for your business.  And also how to best manage your relationship and data with an external bookkeeper.

FULL TRANSCRIPT

Download The Full Episode Transcript Here

Show Notes

Learn more about Xero

Purchase a copy of Amanda’s Connected Technology book

Download Amanda’s full Glossary of Terms to help you learn the language of numbers.

 

To find out more about Amanda visit www.amandafisher.com.au
Find out more about Amanda’s Xero Optimisation program 
Learn more about Amanda’s Business Cash Flow Mastery program 
Subscribe to Amanda’s newsletter – filled with event news, blogs, reviews and case studies

Episode 3 – Paul Rose from Waddle talks funding Small Business

small business finance

In this episode, I’m talking with Paul Rose from Waddle about Small Business Finance – but a bit of a different type of finance than most small business owners would be used to.

Paul Rose is the Head of Sales at Waddle.

Waddle provides a modern invoice finance option to businesses via an easy to use cloud-based platform which integrates seamlessly with cloud accounting system. Their customers use Waddle to manage cash flow, access cost-effective working capital and to drive their business forward. Based in Sydney, Waddle is the fastest growing cloud-based invoice financing provider.

 

FULL TRANSCRIPT

Download The Full Episode Transcript Here

Show Notes

Learn more about Waddle

Connect with Paul Rose

Waddle deal primarily with the following industries:

  • Wholesale
  • Manufacturing
  • Recruitment
  • Labour Hire
  • Logistics

Invoice Financing is available on invoices in 0-90 days

Waddle have just released an eBook on Debtor Finance, which broadly covers all forms of debtor finance, including what they do – Invoice Finance.  You can download a copy here: https://info.waddle.com.au/debtor-finance

Download Amanda’s full Glossary of Terms to help you learn the language of numbers.

 

 

To find out more about Amanda visit www.amandafisher.com.au
Find out more about Amanda’s Xero Optimisation program 
Learn more about Amanda’s Business Cash Flow Mastery program 
Subscribe to Amanda’s newsletter – filled with event news, blogs, reviews and case studies

Episode 2 – Working Capital

managing your cash flow

In this episode, Amanda will talk about managing your cash flow for the long-term and how to manage your accounts payable and receivable to always keep some money in the bank.

Many businesses run into the issue of not having sufficient money to keep the business going.

The excitement of a startup can quickly be replaced by the realisation that you’ve spent all the cash and you don’t have the money to sustain your business AND contribute to the bills at home.

FULL TRANSCRIPT

Download The Full Episode Transcript Here

Show Notes

Download Amanda’s full Glossary of Terms to help you learn the language of numbers.

To learn more about the ATO payment plans, head to their website https://www.ato.gov.au/General/Paying-the-ATO/Help-with-paying/

To learn more about GST and your obligations visit this page https://www.ato.gov.au/Business/GST/

 

To find out more about Amanda visit www.amandafisher.com.au
Find out more about Amanda’s Xero Optimisation program 
Learn more about Amanda’s Business Cash Flow Mastery program 
Subscribe to Amanda’s newsletter – filled with event news, blogs, reviews and case studies

Episode 1 – Cash Flow vs Profit

Cash Flow and Profit

In Episode 1 of the Seeing Through The Numbers Podcast, Amanda will be addressing the common question of “You say I’ve made a profit, but where’s the money?”  She’ll look at the difference between Cash Flow and Profit and what each means to the all-important cash in the bank.

Amanda will also talk about the best way to juggle your accounts to ensure that you always have money to pay the ATO, your employees and the other legal obligations.

 

FULL TRANSCRIPT

Download The Full Episode Transcript Here

Show Notes

Some terms Amanda used in the Podcast:

CASH FLOW – The amount of money that is generated by the business throughout a specific accounting period.
CASH FLOW FORECAST – The predicted cash flow of an upcoming financial period.
PROFIT – The overall revenue of a business minus expenses.
ACCRUAL METHOD – Where accounting records are kept based on invoices raised and bills due for payment. This compares with the cash basis which reports based on cash received and payments made.
CASH ACCOUNTING – The accounting method that reports income based on cash received and expenses based on payments made.

For more accounting definitions please download Amanda’s Glossary of Terms.

For more details on the Small Business Concessions visit the ATO link following and then speak to your accountant about the best avenue for your business https://www.ato.gov.au/Business/Small-business-entity-concessions/

 

To find out more about Amanda visit www.amandafisher.com.au
Find out more about Amanda’s Xero Optimisation program 
Learn more about Amanda’s Business Cash Flow Mastery program 
Subscribe to Amanda’s newsletter – filled with event news, blogs, reviews and case studies

Welcome

improve your numbers

Each week Amanda will be talking about different aspects of numbers in business and interviewing experts to gain their insights on what you can do to improve your numbers. The focus of this first series is cash flow and Amanda will be sharing her own knowledge and talking to experts on funding small business, bookkeeping, debt collection tips, business expenses insurance as well as looking at tools to make forecasting simple.

FULL TRANSCRIPT

Download The Full Episode Transcript Here

 

Show Notes

Throughout the podcast series, Amanda will use a number of accounting terms.  They will be explained in the Podcast but we’ve also pulled together a handy Glossary of Terms which you can download here and keep handy while working on your numbers.

 

To find out more about Amanda visit www.amandafisher.com.au
Find out more about Amanda’s Xero Optimisation program 
Learn more about Amanda’s Business Cash Flow Mastery program 
Subscribe to Amanda’s newsletter – filled with event news, blogs, reviews and case studies