The cost of slow payers

By |2023-01-31T16:42:52+13:00March 8th, 2023|Business Advice, Cash and Cashflow, General, Strategy|

Customers that stretch out how long it takes to settle their bills are costing you more than time and frustration. However, increased electronic connectivity between small businesses, accountants, and financial institutions coupled with cloud accounting and traditional methods can help your debtor management. As with any relationship, timely communication between creditors (suppliers) and debtors

Delegation versus abdication – are you an effective delegator?

By |2023-01-31T14:45:44+13:00February 22nd, 2023|Business Advice, General, Strategy|

How often do you get to the end of a work day and wonder where the time went? You barely dented your to-do list, let alone completed it. Delegation, either to internal team members or external contractors, is a great way to free up your precious diary space. But is it that simple?

Key numbers to focus on in your business – today!

By |2023-01-31T13:11:08+13:00February 8th, 2023|Business Advice, Cash and Cashflow, General, Strategy|

At Pathfinder Solutions, we're chartered accountants and seasoned business mentors. Therefore, we often help clients identify the crucial business reports they need to focus on. Here's an overview of how to track performance, take action, and prepare your company for surviving the new business normal (whatever that might be!) To

Defining your unique selling point

By |2023-01-11T08:08:05+13:00January 11th, 2023|Business Advice, General, Marketing, Strategy|

Why should your customers choose you over your competitors? Establishing your unique selling point (USP) is about uncovering and communicating the real benefit you offer customers. #marketing #businessadvice #SME Making your business stand out in a crowded market can be challenging, but differentiating your business is vital for attracting your "Class A"

Are you suffering from business burnout?

By |2022-11-18T13:01:28+13:00November 2nd, 2022|Business Advice, General, Strategy|

Are you feeling burned out in your business? Here are some simple strategies to reduce your stress, free up time and help you to fall back in love with your business. Are You Suffering from Business Burnout? This time of year can be very demanding and exhausting for many business owners. Are

The key to business succession planning and exit

By |2022-11-17T16:21:45+13:00October 19th, 2022|Business Advice, General, Strategy|

As a business owner, you can spend so much time building your company that it's easy to overlook some important factors. One of those is succession planning – and while it may seem like something to worry about in the distant future, if the unexpected occurs (eg: health issues) you’ll be much

What is a personal budget?

By |2022-10-13T12:54:16+13:00October 5th, 2022|Business Advice, General, Strategy|

A personal budget is a finance plan that allocates future personal income towards expenses, savings and debt repayment. In other words, it’s a plan that sets out how you’ll spend and save your money. This definition of a personal budget makes three important distinctions: Firstly, this is a personal budget. Its purpose

Spend more time doing what you love

By |2022-07-12T16:21:48+12:00September 22nd, 2022|Business Advice, General, Strategy|

Was being able to set flexible working hours a drawcard to owning a business? In reality, do you work more than ever, affecting your personal life? Don't despair! Pathfinder Solutions can help you free up time so you can do more of what you love. A key benefit of owning your own

Cashflow is king for small business owners

By |2022-07-12T15:21:21+12:00September 8th, 2022|Business Advice, Cash and Cashflow, Strategy|

Staying on top of cashflow is essential for ongoing commercial viability, and even more important if you're growing your business. Pathfinder Solutions has helped numerous clients get on track - and stay on track - with their cashflow monitoring processes. Money in, money out. Cashflow is fundamental to and one of the

Making it easier for your customers to pay you

By |2022-07-05T12:57:55+12:00August 25th, 2022|Business Advice, Cash and Cashflow, Strategy|

Are you struggling to get paid on time? Could your invoicing and payment process be more organised and streamlined? We'll explain the basics of good payment management and how tech can help speed up your cash collection. Ensuring you get paid on time is crucial to commercial success. Making sales and generating

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