Business Archives - Stellar Ledgers

3 Ways to Motivate Staff

by Stellar Ledgers | May 16, 2022 | Accounting, Bookkeeping, Business, Growth, Small Business

The question of motivating employees is often on a business owner’s mind. It can be difficult to find ways to genuinely motivate employees at work, and often the old standards—performance-based bonuses, increased rewards and commissions—only work in the...

Questions to consider when Pitching to Investors

by Stellar Ledgers | Mar 17, 2022 | Business, Business Funding, Growth, Money, Small Business

If you’re looking for people to invest in your business, be prepared to answer some important questions. Investors look for smart investment opportunities—that means they want to find out as much as they can about you and your business before they make a decision...

How to Scale Your Business without Breaking the Bank

by Stellar Ledgers | Feb 18, 2022 | Business, Growth, Small Business

If you want your business to grow, at some point you’ll have to think about scaling it. Scaling it isn’t exactly the same as growing it, though they are often used interchangeably. Growth refers to adding resources and increasing your revenue in a linear fashion. You...

How Much Cash Does My Business Need?

by Stellar Ledgers | Jan 24, 2022 | Business, Growth, Money, Small Business

Your business needs cash. Cash is what keeps your company in operation and enables it to grow, so you should know how much cash your business needs to survive. Although many people think the answer is linked solely to operating expenses, this isn’t the case. There is...

3 Tips to Prepare for the End of the Financial Year

by Stellar Ledgers | Nov 23, 2021 | Business, Growth

Preparing your End of Financial Year (EOFY) information often feels stressful—there are receipts to sort out and reports to review, and you need to make sure you have all the necessary information about your income and expenses. It can be overwhelming, and it can make...

Building an Effective Financial Plan for Your Small Business

by Stellar Ledgers | Aug 10, 2021 | Business, Small Business

Every business needs a financial plan. Your financial plan gives you a way to monitor and review your cash flow, make adjustments to your spending, and anticipate any upcoming financial issues. It can also make you more prepared to request funding or find investors...