Blog
More Than Just Bookkeeping: Why Advice Matters More Than Ever
Bookkeeping is just the start. If you’re ready to lead your business with clarity, structure and confidence, financial advisory is your next step.
Through planning, forecasting, and real conversations, we help small business owners move from chaos to calm, without needing to become finance experts.
Why Paying Yourself First Isn’t Selfish, It’s Smart Business
Paying yourself first isn’t selfish, it’s smart business. Profit First helps you set aside money for yourself consistently, even if it’s just 1% to start. Over time, this small habit leads to confidence, control, and a business that supports you, not the other way around.
A tidy desk is a tidy mind! Here’s how to keep your financial records in perfect order
Effective financial record management is essential for any business to ensure accuracy and gain insights into financial health. Many business owners struggle with bookkeeping due to various challenges. This blog provides six practical tips to help you streamline your bookkeeping processes, from leveraging technology to potentially hiring a professional. These strategies are designed to keep your financial records organised and accessible, whether you’re just starting out or looking to improve your existing system.
Profit First: A Game-Changer for Cash Flow
Profit First helps you take control of cash flow by putting profit, and yourself, first. With a simple shift in how you manage money, you’ll pay yourself consistently, stay ahead at tax time, and build a business that supports you.
5 Reports Every Small Business Owner Should Check Monthly
Checking your numbers monthly doesn’t need to be complicated. These 5 reports: P&L, Balance Sheet, Cash Flow, Accounts Receivable, and Budget vs. Actual. Help you make smarter decisions, spot issues early, and grow your business with confidence.
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 position, manage your tax position and make strategic, future-focused decisions. A Bookkeeper and...
When Is the Right Time to Implement Profit-First In Your Business?
We love this question because the right time is always now. And as the saying ‘what you focus on grows’, when you focus on Profit-First, you set yourself up for a successful business. By putting Profit-First, you're making sure money's set aside for non-negotiable...