Information Hub
Blog
Profit First Percentages: How to Adjust for Your Business Stage
Your Profit First allocations should grow with your business. In the start-up stage, keep it simple. During growth, balance profit and tax. Once you’re established, maximise returns and reinvest wisely. Adjust regularly to stay aligned with your goals.
How Regular Bookkeeping Can Save You Thousands at Tax Time
Keeping your books up to date throughout the year helps you save money at tax time, claim more deductions, avoid ATO penalties, and plan with confidence. Regular bookkeeping isn’t just smart, it’s essential.
How to Reduce Financial Stress with a Simple Profit First Plan
Profit First is a simple cash flow method that flips the traditional formula: you take profit first, then run your business on the rest. This reduces financial stress, prepares you for tax time, and keeps your spending in check.
To get started:
Open separate accounts for profit, tax, and expenses.
Allocate even just 1% of each income deposit to profit.
Stay consistent, small steps lead to big change.
You’ll gain financial clarity, confidence, and peace of mind knowing your business is finally working for you.
Why Accurate Bookkeeping Is the Backbone of Financial Success
Accurate bookkeeping isn’t just about compliance, it’s essential for decision-making, tax readiness, and business growth. It shows you where your money is going, helps you plan for the future, and keeps things running smoothly.
Stay in control, reduce stress, and set your business up for long-term success with Blu Bookkeepers.
The Top 10 Bookkeeping Mistakes Business Owners Must Avoid
Managing your business’s finances can be a bit of a juggling act. With so much going on, it’s easy to make mistakes or take shortcuts that could cost you time, money, and stress. Here at Blu Bookkeepers, we’ve seen all kinds of mistakes, big and small, and want to help you avoid the same pitfalls.
Why You Want Your Accountant and Bookkeeper to Be Best Financial Friends (BFF)
Having a bookkeeper and accountant with a strong relationship on your team can do wonders for your business. Opportunities abound to collaborate, improve your overall...