Financial Housekeeping
The Financial Housekeeping Course Gives You The Simplest Way To Improve the Financial Systems in your Business.
In 30 days or less with out trying to do everything yourself.
Are you ready to make your business more profitable? Do you need better cash flow? Do you want to take advantage of financial systems that will power the future prosperity of your business?
This course includes the ultimate checklists for small business. These will help you stay on top of business finance tasks with detailed to-dos for daily, weekly, monthly, quarterly and annual cycles.
Poor records lead to bad decisions, missed opportunities and compliance headaches. If you only reconcile your accounts quarterly you are missing out on the data driven financial insights that can really make your business profitable.
But you’re probably thinking, I already don’t have enough time to do more things in a day!
Did you know that 39% of small business owners work more than 60 hours per week?
However, with a little careful planning, and great structure, you can make better use of your time – and your cash flow.
Don’t lose sleep over missed payments or delay expanding your business … take control right now!
Let’s talk about what you’ll learn…
How to quickly determine the financial health of your business.
What each line means on your financials, so you can identify where to focus your attention.
The steps you need to take to generate reports, and what routines to follow so that your Finance Function works like a dream.
How to recognise that your financial statements are a window into your business. This reveals the health and overall performance of your business.
Where you can put systems to work for you. Stop working so hard for your business – instead, get your business to work harder for you.
By the time we’re finished, you will have peace of mind as you develop greater control over your financial future.
Here’s what we’ll create together…
First off, we are not coaches and we are not consultants. We are ‘Coach-sultants’ who show you what you need to get done and how to actually make it happen.
We’ve seen what works in starting and building businesses (and, more importantly, what doesn’t). We know what it takes to get your small business running in such a way that both your business and life can become more carefree and enjoyable.
So while there’s no guarantee of success in business, there are things that you can do to increase your chance of survival…
Turn your business from ordinary hard work into an extraordinary business. One that supports the life that you want, giving you more time to do the things that you want to do.
This is a practical and hands-on workshop, where you will:
- Build a reporting rhythm based upon what you need to run your business.
- Learn to use control worksheets to ensure the accuracy of your data.
- Begin building your Financial Organisation Chart. Know ‘who’ your business needs and identify ‘what’ they should be doing.
- Receive our Daily, Weekly, Monthly, Quarterly and Annual checklists and processes. Use these to be able to do this for yourself, or train a team member to do it for you.
Cut through the noise and join Sheree Cusack, sixty:forty co-founder, as she breaks down how to take control of the financial systems in your business.
We offer a Financial Housekeeping Certification Pathway. This means you can help our small business owners get this work done. If you are you looking to turn your organisation and financial administration into a recognised skill, check out our other business courses here.
Meet your Instructor
Sheree Cusack
Experienced Public Accountant and Registered Tax Agent
Sheree is co-founder of sixty:forty, a Public Accountant and Registered Tax Agent. She holds an undergraduate Bachelor’s degree from UNE and a Masters degree in Taxation from UNSW. As a long term member of CPA Australia and a Chartered Tax Advisor she has operated her own public accounting practice firm from 2005.
Have questions?
No problem, talk to one of the team today.
Workshop Breakdown
Part 1 – Getting Started
This is one area where the time you spend getting things set up properly pays dividends in the long term. See how to keep a very clean set of books, with a minimum number of accounts, to effectively and efficiently run your business.
Part 2 – Fundamentals
Financial Housekeeping isn’t only about your financials. It is also about compliance matters and making sure that things get done when you need them done. To start running your business proactively, access our compliance calendar to use in your own business.
Part 3 – Finance
Discussions on business financials normally centre on your Balance Sheet and Profit & Loss. However, we aren’t going to do this. Instead we break down what you should look at in different areas of focus. The first is finance. This includes your banking facilities, how you use them and who you owe money to.
Part 4 – Assets
Building up the assets that you own is a very big part of why you’re in business. The goal is to build a strong balance sheet. One that will help support you and your business through the good times … and the bad.
Part 5 – Operations
This module takes a look at how you run your workflow processes and different methods of valuation that you can use. Choices made here are a driver of how you calculate your cost of sales and maintain inventory.
Part 6 – Profit & Loss (Income)
Knowing exactly how your business makes money is essential to being able to optimise your income. Having someone accountable for each line of your Profit & Loss should be something that you have in place. This series of lessons look at the different types of income and how you can work with them in your reporting.
Part 7 – Profit & Loss (Expenses)
Expenses – do you pay yourself first or last? Are you paid a real wage and then having the business show a return on top? This module takes a deep dive into your expenses and asks you to look at what you are spending on a weekly and monthly basis.
Part 8 – Equity
The equity is what’s left after everything else is into account. This is the end point – but equity isn’t just about the financials, it is also in your future bank. This includes the lifetime value of your customers. By the end of this module you will see what equity means to you and the financial future of your business.
Part 9 – The Checklists
Systems set you free. Building a regular rhythm based upon standardised methods means that you will always compare apples with apples. Building from earlier modules, we will work through each of the checklists and how these apply to your business. Managing compliance in a standardised way saves time and reduces drama. This module introduces you to a range of SOP’s including templates and processes.
Part 10 – Working with Your Accountant
You’ve done a lot of the work in putting together the paperwork. Now is the time to communicate with your accountant about what you have and what you might need help with. With a lot of accounting firms moving to paperless, you can save time and money on compliance matters. The checklists and worksheets we share with you reduce duplication and support better record keeping.
