Bookkeeping for a restaurant group that has different locations and different restaurants under it can be tricky. There are tight margins to maintain. In addition, spoilage, theft, and inventory must be controlled to maintain profitability. In order to do this, the books must work like a well-oiled machine. There can’t be any flukes or the […]
Archives for 2019
What is the difference between cash and accrual accounting?
When keeping your accounts records you can choose whether to record your transactions on a cash or accrual basis so it is important to understand these terms when it comes to understanding your finances as they can each give a different picture of your business for the same period. Recording transactions on a cash basis […]
Podcast: Futurism & your tax and financial planning business
Change is a universal constant. You want to be equipped to embrace it so that you can best serve your clients as the geopolitical and economic landscapes evolve. In this podcast, Mackey McNeill, CPA/PFS interviews futurist, David Houle to get his perspective on: What’s going to be different in the 2020s and why? How do […]
A list of the most innovative companies of 2019
We aren’t sliding into the 2019 home plate just yet with a few more months until 2020, yet who has been blazing a trail in 2019 so far? Who are the most innovative companies of 2019 and why? Lets take a squiz at our shortlist, gathered from the highly respected annual AFR most innovative companies […]
3 Essential Financial Investments to Grow Your Restaurant Business
There was a time when all that your restaurant really needed was good food and a great location to guarantee its success. But with the advent of social media and online mobility, menu and locale alone aren’t always enough to grow and maintain a healthy client base These three investments are .
Long or Short Term Goals – which works for you?
As business owners we are all encouraged to set goals in order to achieve what we set out to do. Whether those are 5 year or 10 year goals to achieve a specific personal dream or short term goals to take baby steps towards your long term dream. There are numerous books written by successful […]
Podcast: Optimizing Incentive Stock Options
In this podcast, Nadine Lee, CPA/PFS shares strategies and cases related to optimizing incentive stock options (ISOs). She answers the questions: What are the three ways that clients can take action on incentive stock options? What are the requirements of ISOs? What can CPA financial planners do to help clients navigate this complex area of […]
Celebrating our community at Conference
First Class Accounts likes to do things differently, instead of creating a business that’s all about the bottom line, they created a community, where people are the main focus. To bring together the 200 franchisees from all over Australia, First Class Accounts national office hosts a 4-day conference event. The conference location varies each year, […]
2019 FCFG Award Winners
This year, our annual conference was held at the Marriott Resort & Spa in Surfers Paradise. Our conference is a fantastic celebration, not just recognising the hard work our franchisees put in, but it is also a celebration of the brand and community culture we have worked hard to establish. Our franchisees often refer to […]
India to borrow gross 2.68 trillion rupees during October-March
India will borrow gross 2.68 trillion rupees ($37.82 billion) from the market between October and March through dated securities, Economic Affairs Secretary Atanu Chakraborty said on Monday.