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Welcome to The Monthly Cole-ective

Leave a Comment / Uncategorized / By Jess Cole

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Welcome to The Monthly Cole-ective
Case Study: How we crunch the numbers for global sustainable brand, Indosole
Save money with Xero by comparing & tracking suppliers
Three simple steps for optimising your finances (& apps the experts use)
Budgeting & forecasting: What’s the difference?
Will Xero work for me?

✨ CLIENT HIGHLIGHT ✨ We can’t hold it in any

How do you make sound decisions that benefit your

How do you make sound decisions that benefit your bottom line?

Hello ✨Opportunity Costing ✨

It’s the cost of a choice you make between option A and option B and is determined by the value you place on those choices.

Ideally, we want to choose the option that delivers the greatest benefit, the lowest cost and is the most time efficient.

Next time you’re tossing up your options, consider the opportunities and the costs involved. And if you need help creating a system that optimises the process, talk to our experienced team!

We can help you make the right decisions for your business. See the link in our bio for more.

#opportunitycost #financetips #bookkeepingservices #newcastlensw #accountingservices #coleconsultinggroup

Supporting local business is at the heart of what

Supporting local business is at the heart of what we do & feedback like this lets us know we’re on the right track 💙

We’ve had a blast helping @skylinecontractingnsw, & they now have a customised app stack in @@xero that includes @tradifyhq & @stripeforsale to automate & optimise their business.

Sarah, Dave & the team can rest easy knowing their finances are in order so they can get back to doing what they love – maintaining commercial properties across the Newcastle region.

How to build a successful start-up company → Com

How to build a successful start-up company → Combine your experience & drive with a sound business & financial plan 👌

If you’re financially and systematically savvy from the get-go, your business journey is starting on the right foot 🏃‍♀️

The best place to start is by talking talk to a professional in the field! We can help you:

🔸 Articulate your business idea & get it off the ground
🔸 Establish your @xero systems & get them right from the start
🔸 Develop a customised app stack with Xero so you can run your business efficiently
🔸 1:1 Xero training sessions so are in control of your finances

If you’ve been tossing up a great business idea, NOW’S THE TIME TO START!

Check out our offerings today → LINK IN BIO

#startupbusiness #financialservices #xerotrainingnewcastle #coleconsultinggroup #bookkeepingservices

Congratulations! Your small business now has multi

Congratulations! Your small business now has multiple employees 🎉 This is such an exciting time for any business, but it also means you need to level up your finances.

Step 1 is to set up your internet banking systems to make batch payments to multiple accounts using an ABA file.

An Australian Banking Association (ABA) file is a file format (like doc, pdf & png) that’s used specifically by Australian Banks to make business payment transactions 💸

If you’re not using batch payments to pay your staff, your other options are cash, cheques or individual online payments (which in our opinion is kinda outdated & VERY time consuming).

Accounting software like @xero makes creating & dispatching these payments a breeze.

For advice & guidance on setting up the correct systems for your new staff in Xero, hit the link in our bio to find us🔗

#abafile #xeroaccounting #financialadvice #newcastlensw #coleconsultinggroup

Think about where you want your business to be in

Think about where you want your business to be in a year’s time 💭 How are you going to get there?

One SURE way is through a solid budgeting and forecasting strategy!

📍Your BUDGET is the financial direction of where you want to take your business
🚘 Your FORECAST tells you whether you’re heading in the right direction

With your big picture goals set (budget), and regular updates according to the changing market conditions (forecasting), those seemingly far-fetched business dreams can become a reality.

We have everything you need to know about budgeting & forecasting in our latest blog → LINK IN BIO

How can we help your big business thrive? Oh, we’re so happy you asked! Here’s how 👇

We're not *just* the small biz finance geeks. We also love help big businesses with large turnover & multiple employees with their processes & systems by:

→ Optimising finance processes & month-end checks & balances
→ Implementing structuress that saves resources & make life easier
→ Budgeting & forecasting
→ Monthly meetings to analyse your budget figures in comparison to your actual figures

We work alongside your existing team & tailor a solution to meet your business' unique needs.

Nobody wants a lengthy month-end process that takes a week to finalise. Let’s fix this together, shall we?

Book a consultation today → LINK IN BIO

Time is money, right? This is a concept we FULLY u

Time is money, right? This is a concept we FULLY understand & our online @xero training course is designed to give you back precious time ⏰

But how much time will you *really* save?!

We created a Time Saving Calculator that’ll help you breakdown exactly how much time you spend preparing quotes, invoices, transfers & more.

Plug in this info, and our little number cruncher will give you the estimated time AND money saved per year💲💲

There’s no room for guess work when it comes to your business’ accounts. We want you to be confident and EFFICIENT in your financial decisions from the get-go.

See how much time & money you’ll save now → Hit the link in our bio now!

#xerotraining #onlinetrainingaustralia #masteryouraccounts #financeeducation #coleconsultinggroup #newcastlensw #moneytips #savetimeandmoney

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