How Accounting is Useful for Managerial Decisions
Accounting is the process of recording, classifying, and summarising financial transactions to provide information that is useful in making business decisions. The accounting information system is designed to capture data about an organization's financial transactions and to produce reports that can be used by managers to make informed decisions.
When you have no control, no visibility on your money matters, outdated systems and reports, you stand the risk of making uninformed decisions. One wrong decision can cost your business and take it off course, leaving you disillusioned about your business goals.
Accounting is one of the ways that enable you to have a handle on your finances. Accounting tracks the financial position of your business and indicates to you how financially healthy your business is.
How Accounting Information is Used by Managers
Managerial accounting information can be used in several ways to help managers make better decisions. For example, managerial accounting information can be used to:
- Identify trends in revenue, expenses, and other key financial metrics;
- Understand the cost structure of the business and how it affects profitability;
- Make decisions about pricing, product mix, and other strategic decisions;
- Evaluate investment opportunities and assess the financial impact of proposed investments;
- Understand the financial consequences of business decisions;
- Make decisions about how to allocate resources within the organization.
How Accounting Information is Used in Planning and Decision Making๏ปฟ
One of the most important uses of accounting information is in planning and decision-making. By understanding the financial impact of proposed actions, managers can make more informed decisions about where to allocate resources. For example, if a company is considering launching a new product line, managers can use accounting information to estimate the likely sales volume, cost of goods sold, and gross margin for the new product. This information can then be used to decide whether or not to proceed with the launch.
How Accounting Information is Used in Performance Management๏ปฟ
Another important use of accounting information is in performance management. By tracking key financial metrics, managers can identify areas where the business is performing well and areas where improvements are needed. For example, if profitability is trending downward, managers can investigate the reasons for the decline and take corrective action. Similarly, if costs are rising faster than revenue, managers can look for ways to reduce expenses.
By using accounting information to track and manage performance, managers can make more informed decisions about how to improve the financial results of the business.
How Accounting Information is Used in Financial Reporting
In addition to its uses for internal decision-making, accounting information is also used in financial reporting to shareholders, creditors, and other stakeholders. Financial reports provide a snapshot of a company's financial health and performance and can be used to assess risks and opportunities. Financial reporting is also a legal requirement for publicly traded companies.
So, how is accounting relevant to my business?
Accounting information plays a vital role in managerial decision-making, it is also a critical tool for all businesses, regardless of the size. By understanding how accounting information can be used, managers can make more informed decisions about where to allocate resources, and how to grow the business and ultimately improve the financial health of their businesses.
Whom you choose to position around yourself to guide you on your mission to grow a healthy money-making business is one of the most important business decisions you will ever make. Choosing your proverbial ‘battles’, knowing which responsibilities to outsource, and the #supportcrew you surround yourself with will determine your future.
The DoughGetters #supportcrew will back you with all the answers you need to stay on top of your finances and tax compliance.
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Does this business analogy sound accurate to you?
Running a business can feel like juggling flaming swords while riding a unicycle—challenging enough without the added stress of managing your finances!
โบ That’s where DoughGetters comes in.
We ensure compliance and accuracy, so you won’t have to worry about any financial faux pas. Plus, our sharp-eyed experts are trained to spot irregularities that might slip under your radar, saving you time, money, and, let’s be honest, a few headaches. ๐ค
So, why not choose your battles wisely? Let us handle the numbers while you focus on what you truly want—business growth.
Contact us today to get started on your journey to financial peace of mind!
#DoughgettersAccounting #Accountants #FinancialManagement #BusinessAccounting #SmallBusinessOwnership #FinancialHelp #SimplifyFinance #BusinessGrowthTips #FinancialSolutions #TechSavvy
In today's fast-paced environment, technology is not just a tool!
It's our ally in enhancing productivity and delivering exceptional service to you.
We use productive platforms, like Asana, to keep our projects on track and ensure accountability within our team.
Here’s how we utilise technology to benefit you:
โบ We use tools that enable team members to collaborate effortlessly, ensuring that everyone is on the same page and that projects progress smoothly.
โบ We give real-time updates and transparent workflows, so that we can communicate effectively, reducing misunderstandings and keeping you informed every step of the way.
โบ We believe that tech empowers our staff to establish structured routines, minimising stress while maximising output.
๐ค What does this mean? It means more efficient workflows and quicker turnaround times for your projects.
โบ By utilising tech, we gather and analyse data to provide you with actionable insights that can inform your business decisions and strategies.
Imagine a work environment where everyone is aligned, tasks are clearly defined, and communication flows effortlessly!
That’s the reality we strive to create for you at DoughGetters. ๐ฉ
Are you ready to experience top-notch service and efficiency for your business? Contact us today—we’d love to work with you! ๐ค
#DoughgettersAccounting #AccountingFirm #AccountingServices #XeroAccountingSoftware #XeroAccounting #XeroCertified #MoneyOrganizer #AccountingConsultant #TechSavvy #SmallBusinessOwnersClub
This week, we’ve uncovered three incredible businesses that bring heart, flavour, and creativity to the season of giving. Let’s dive into the highlights of these unique offerings:
1๏ธโฃ Kleinbergskloof Olive Estate
Nestled in Stilbaai, this family-run gem crafts exquisite olive products straight from their limestone-rich soil. Their Olive Oil & Balsamic Vinegar Gift Set is a must-have for food lovers, and their Olive Chutney and Fig Jam add a touch of luxury to any holiday spread. Perfect for gifting teachers, staff, or foodies!
2๏ธโฃ Feat. Designer Goods
This Cape Town-based brand turns everyday essentials into bold, colourful statements. Their Hoopoe Bird Socks combine comfort with style, making them a standout gift for loved ones or colleagues. Plus, first-time shoppers get 10% off when signing up for their newsletter—don’t miss out!
3๏ธโฃ Funky Ouma
A true flavour powerhouse, Funky Ouma spices up your gift-giving with quirky, artisan creations. Their Boerseep is a nostalgic nod to tradition, while the Salt & Vinegar Popcorn Salt is a fun treat for snack lovers. They’ve also launched Sout Afrika, a line of artisanal salts inspired by South Africa’s essence.
๐ Let’s make gifting meaningful this year by supporting these exceptional productss! Which one’s your favourite? ๐ฌ Let us know in the comments!
#DoughGettersAccounting #AccountingFirm #FestiveGiftsIdeas #HolidayGiftShopping #HolidayCountdown #HolidayGifting #ChristmasGiftIdeas #SupportLocal #GiftSolutions #2024Christmas
Are you tired of making decisions based on guesswork?
In the dynamic landscape of business, having accurate financial information is key to your success! ๐ฏ
Outsourcing your bookkeeping isn’t just a task—it’s a strategic move that can elevate your decision-making process.
Here’s what you gain:
๐๐ผ Instant Clarity: Imagine having up-to-the-minute financial insights at your fingertips! With outsourced bookkeeping, you’ll always know your financial standing, enabling you to make proactive decisions that drive growth.
๐๐ผ Continuous Performance Review: Regular financial reports aren’t just numbers on a page; they’re vital tools for assessing your business's health. With our expert analysis, you can easily identify trends and make informed adjustments that keep you ahead of the competition.
๐๐ผ Confidence in Your Choices: When your decisions are backed by precise data, you can navigate your business landscape with assurance.
Say goodbye to guesswork and hello to empowered choices that foster success! ๐คฉ
Are you ready to revolutionise your financial strategy with reliable data? Reach out to DoughGetters today, we’d love to join you on your financial journey. ๐ฉ
#DoughgettersAccounting #AccountingFirm #AccountingServices #AccountingProblems #MoneyOrganizer #AccountingConsultant #XeroAccountingSoftware #XeroCertified #FinancialSupport #FinancialClarity
If you think productivity is just about hard work, think again! ๐ฅ
At DoughGetters, we believe a healthy team is a productive team! We’re all about prioritising our well-being to make sure we’re always at our best for YOU!
Here’s how we keep our focus sharp and our energy high:
โบ Regular Exercise: We carve out time for stress-busting workouts because we know that staying active clears our minds and boosts our focus. Research shows that exercise can enhance cognitive function, leaving us feeling energised and ready to tackle your needs! ๐ค
โบ Disconnecting from Devices: In this hyper-connected world, it’s crucial to unplug every now and then. That’s why we’ve adopted a strict “no devices” rule during family time. ๐ต Taking this intentional break helps us recharge and reconnect with ourselves and our loved ones, ensuring we come back to work refreshed and fully present for you!
How do you maintain balance during busy times? Share your tips in the comments below! Let’s inspire each other… ๐ฉ
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This week, we’re highlighting THREE incredible local businesses that will make your holiday shopping more meaningful and stress-free! ๐ซ
1๏ธโฃ LuluLocal – Thoughtfully curated gift boxes that showcase the best of South African craftsmanship. From artisanal festive treats to eco-conscious gifts, LuluLocal supports local artisans while offering gifts that make a lasting impact. (Psst... don’t miss their Braai Pack for the men in your life!)
2๏ธโฃ Red Dane – Skincare that makes self-care simple and luxurious for men. With powerful ingredients like marula, rosehip, and aloe, Red Dane delivers high-performance products for beard care, skin treatment, and more—perfect for any man looking to elevate his grooming routine!
3๏ธโฃ ISZI Online – A curated collection of homeware, tableware, and accessories that make gifting easy and stylish! Whether you’re shopping for a special occasion or just because, ISZI offers something thoughtful for every budget and every taste.
The holiday season is about giving back—and by supporting these amazing local businesses, you’re making a difference while finding thoughtful gifts for those you care about.
Which of these gifts are you adding to your list this holiday season? Comment “FESTIVE” to join our newsletter and discover more fantastic local offerings!
#DoughgettersAccounting #AccountingFirm #FestiveGiftsIdeas #HolidayGiftShopping #HolidayCountdown #HolidayGifting #ChristmasGiftIdeas #SupportLocal #GiftSolutions #2024Christmas
As an entrepreneur, you tackle multiple tasks, but you don’t need to carry the entire load! ๐คฉ
Here’s how partnering with DoughGetters can make a difference for you:
โบ Time for Client Engagement: Spend more time engaging with clients and driving sales, while we take care of the financial details. By outsourcing your bookkeeping, you free up precious hours to connect with your clients and build those crucial relationships that drive growth.
โบ Reduced Workload: Let us handle the numbers while you focus on your core business activities. With us you can eliminate the stress of financial management and redirect your energy towards innovating and expanding your offerings.
โบ Tailored Support: We understand that every business is unique. That’s why we work closely with you to provide customised solutions that fit your specific needs, helping you streamline operations and enhance efficiency.
Ready to take your business to the next level and have a great accounting team on your side? Reach out to us today! ๐ฉ
LINK IN BIO
#DoughgettersAccounting #AccountingFirm #XeroAccountingSoftware #XeroCertified #AccountingProfessionals #SmallBusinessesMatter #BusinessOwnersLife #BusinessGrowthTips #FinancialSolutions #TechSavvy
Tired of the endless cycle of bookkeeping and financial stress? ๐ณ
Outsourcing your bookkeeping might seem like a significant investment at first, but the long-term savings and peace of mind are totally worth it!
Here’s why you should consider making the switch: ๐ค
โบ You can avoid costly mistakes
Imagine having experts manage your finances—reducing the risk of errors that could lead to penalties and interest. With professional oversight, you can breathe easier knowing your financials are in good hands!
โบ Save on taxes
Did you know that a skilled bookkeeping team can uncover hidden tax-saving opportunities? Don’t let potential savings slip through the cracks—our proactive approach ensures you keep more of what you earn!
โบ You can focus on what matters to you
Picture this: no more getting bogged down in financial details. Outsourcing your bookkeeping frees up valuable time and energy to concentrate on what really matters—growing your business!
Curious to learn more about how outsourcing can transform your financial management? Comment “YES”! ๐ฉ
#DoughgettersAccounting #AccountingFirm #FinancialHelp #SimplifyFinance #BusinessOwnersLife #StartupFinance #AccountingSoftware #FinancialSupport #FinancialClarity #SmallBusinessOwnersClub
As we continue our festive countdown with DoughGetters, we’re excited to showcase another three remarkable South African brands that are perfect for holiday gifting! ๐คฉ
1๏ธโฃ Vanderfax: Meet Schantel Merwe, the flower farmer behind Vanderfax, where nature and fragrance meet! Inspired by the beautiful blooms on their farm near George, Vanderfax offers an exquisite range of all-natural home and body fragrances. Their luxurious diffusers, body washes, and lotions are crafted with sustainability in mind, featuring refill options to reduce waste. While their online shop isn’t live yet, you can still order directly through Instagram DM, WhatsApp, or Email. Bring a touch of nature into your home this holiday season!
2๏ธโฃ The Baskiti Co: Next up is Jana Leonard and her versatile range of woven baskets. The Baskiti Co creates stunning storage solutions that blend style and functionality. From braai baskitis to fruit and planter baskets, each piece is handcrafted in Cape Town and designed to keep your essentials organised while adding a decorative flair to any space. These unique baskets make perfect gifts for teachers, clients, or friends who appreciate elegance in their home decor.
3๏ธโฃ Thandana Bag Co: Last but not least, we introduce Carla Ashton and her timeless bags from Thandana. Known for their quality and practicality, Thandana’s Meshie Bucket Bag and Compact Carry Picnic Blankets are holiday favorites for anyone who values thoughtful design and craftsmanship. With a commitment to supporting local artisans, Thandana employs skilled laborers from Durban and Zululand, ensuring each bag is made with care and love. Plus, the name Thandana means "to love one another" in Zulu, embodying the spirit of giving this festive season!
Support local entrepreneurs and give gifts that tell a story this holiday season! ๐
Which of these beautiful products are you most excited about? Comment “FESTIVE” to join our newsletter and keep up with all the amazing offerings!
#DoughgettersAccounting #AccountingFirm #festivegiftsideas #holidaygiftshopping #holidaycountdown #holidaycountdownbegins #festiveseasongifts #christmasgiftsideas #giftingsolutions #2024Christmas
Think remote communication is a barrier? Think again! ๐
As remote work continues to reshape our professional landscape, enhancing how we communicate with clients has never been more crucial!
Here are three effective strategies we're implementing at Doughgetters to strengthen our remote interactions:
๐ฅ Utilise Video Conferencing: Transitioning from traditional meetings to video calls helps us maintain that personal touch. Seeing faces and expressions makes discussions feel more engaging and authentic, creating a sense of connection even when we’re miles apart.
๐ฅ Encourage Open Dialogue: Fostering a culture of transparency is key. We ensure our clients feel heard and understood by encouraging them to share their thoughts and concerns openly. This practice not only builds trust but also allows us to address issues before they become problems.
๐ฅ Value-Driven Content: Tailoring our messages based on client feedback ensures that they receive relevant information that truly matters to them. We focus on providing insights that add value, helping our clients make informed decisions.
Effective communication is at the heart of successful partnerships.
If you value building a good relationship with your accountant — reach out to us or visit the Link in our Bio. ๐ฉ
#DoughgettersAccounting #AccountingFirm #AccountingServices #Accountants #AccountingProfessionals #BusinessGrowthTips #FinancialSolutions #SimpleFinance #TechSavvy #SAentrepreneurs
Want to focus on what really matters in your business?๐๐ผ
As an entrepreneurial Go-Getter, your mission is clear:
๐๐ผ Grow your business and boost your profits!
But did you know that outsourcing your bookkeeping can significantly impact your success?
Here’s why it’s worth considering:
โก๏ธ Focus on Growth: When you outsource your bookkeeping, you free up precious time to work ON your business instead of being stuck IN it. Imagine redirecting your energy from tedious financial tasks to innovative strategies that drive growth!
โก๏ธ Access to Expertise: It means gaining access to a team of experienced professionals who specialise in bookkeeping and accounting. This expertise ensures that your financials are managed accurately, allowing you to make informed decisions based on reliable data.
โก๏ธ Enhanced Accuracy and Compliance: With a dedicated team like ours๐ค, your bookkeeping will be accurate and compliant with all regulations. We stay current with the latest changes in tax laws and financial regulations, giving you peace of mind and allowing you to focus on growing your business without worrying about penalties.
โก๏ธ Scalable Solutions: As your business evolves, so does your bookkeeping needs. Outsourcing provides the flexibility to scale your financial operations easily. ๐
If you’re ready to explore how outsourcing your bookkeeping can streamline your operations and support your business goals, contact us today! ๐ฉ
#DoughgettersAccounting #BusinessAccounting #XeroAccountingSoftware #XeroCertified #AccountingProfessionals #BusinessOwnersLife #TaxHelp #FinancialSolutions #SimpleFinance #TechSavvy
Here are the first 3 entrepreneurs that are represented in our festive countdown. ๐
We’re excited to shine a spotlight on these businesses that are making this holiday season special!
1๏ธโฃ Three Sisters & Co: This Bellville-based brand crafts sustainable and eco-conscious hair and skincare products. Their Solid Shampoo Bars and Conditioner Bars are not only luxurious but also eco-friendly, reducing plastic waste while promoting self-care. Perfect for those who value quality and sustainability in their gifts!
2๏ธโฃ The Great Break: Founded by Jared Kohn, this family-run leather goods brand offers handcrafted, customisable products that blend personal style with purpose. Their Leather Padfolio makes for a thoughtful gift, tailored to your loved ones’ unique tastes. It’s a wonderful way to add a personal touch this holiday season!
3๏ธโฃ Good Golly Studio: Created by the talented Comien Redelinghuys, this vibrant stationery brand brings color and creativity to organisation. With their bespoke patterns and the highly sought-after 2025 diary, Good Golly products are ideal for anyone looking to stay stylishly organised in the new year!
By supporting these amazing local entrepreneurs, you’re not just giving gifts to your loved ones—you’re making a positive impact on our community! ๐คฉ
Which of these gifts resonates with you? Comment “FESTIVE” to join our newsletter and discover more delightful offerings! ๐
#DoughgettersAccounting #AccountingFirm #festivegiftsideas #holidaygiftshopping #holidaycountdown #holidaycountdownbegins #festiveseasongifts #christmasgiftsideas #giftingsolutions #2024Christmas
Balancing Work, Boundaries, and Life's Adventures: Here's How We Do It! ๐
At @doughgetters_group, we don’t believe in constant work-life integration—we believe in setting boundaries that allow us to be truly present, both at work and in our personal lives. ๐ก
We understand that life doesn't always fit into a 9-to-5 box, so our team enjoys the flexibility to structure their hours for productive client meetings and take advantage of those important life moments—like a midday trail run or attending a child's rugby match.
โบ By leveraging cloud-based accounting tools, we work efficiently and flexibly while respecting the need to switch off and disconnect.
Personal growth fuels professional excellence, and we encourage our team to pursue hobbies, passions, and further education. By fostering a healthy balance, we bring fresh perspectives and creativity to our work.
Setting boundaries and prioritising what matters—this is how we thrive, professionally and personally! ๐ค
How do YOU maintain healthy boundaries while staying productive? Share your tips with us! โฌ๏ธ
#DoughgettersAccounting #AccountingFirm #BusinessGrowthTips #AccountingServices #Accountants #accountingsoftware #stayingflexible #worklifestyle #RemoteAccountant #AchieveBalance
Time to elevate your client relationships?
In today’s digital landscape, effective remote communication is vital for fostering strong client relationships! As we navigate this new normal, here’s how we’re enhancing our interactions with clients at Doughgetters:
๐ Embrace Technology: We leverage video calls to create a personal connection that makes our clients feel valued, even from a distance. This approach not only facilitates more meaningful conversations but also allows us to read non-verbal cues, enhancing understanding and engagement.
๐ Open Communication Channels: We cultivate a culture of honesty and transparency, encouraging our clients to share their thoughts and concerns freely. By fostering an environment where clients feel comfortable voicing their opinions, we build a foundation of trust that is vital for long-lasting relationships.
๐ Adapt to Client Needs: Regularly seeking feedback is key to our process. We tailor our communication style and content to better serve the unique needs of each client.
At DoughGetters, we believe that strong relationships lead to better outcomes.
Let us know what landed with you in the comments ๐ฅ
#DoughgettersAccounting #AccountingFirm #FinancialSolutions #SimpleFinance #TechSavvy #SAentrepreneurs #FinancialSupport #BusinessOwnersLife #FinancialConsultants #FinancialConsulting
Wondering if cloud accounting is right for you? ๐ค
At DoughGetters, we know that switching to cloud accounting might feel like a big step, but trust us — it’s worth it. When your data is backed up on the cloud, you never have to worry about losing important financial information due to computer crashes or theft.
โบ It’s all safely stored, updated automatically, and accessible from anywhere.
Here are a few more reasons why cloud accounting is a game-changer:
1๏ธโฃ Real-Time Access: No more waiting for end-of-month reports! Access your financial data on demand, whether you’re in the office or on the go.
2๏ธโฃ Cost-Effective: Say goodbye to expensive hardware and software updates. Cloud-based solutions eliminate the need for costly infrastructure, and updates are automatic — no extra fees.
3๏ธโฃ Scalability: Whether you’re a small business or growing fast, cloud accounting grows with you. Add users, adjust services, and tailor the system to fit your business needs without hassle.
4๏ธโฃ Collaboration Made Easy: Need to collaborate with your accountant or financial team? With cloud accounting, multiple users can access the same data simultaneously, making teamwork easier than ever.
5๏ธโฃ Enhanced Security: Your data is encrypted and backed by top-tier security measures. Cloud providers invest heavily in keeping your information safe, often more securely than traditional systems.
What is your opinion on this? Comment your thoughts and let’s chat.
#DoughgettersAccounting #AccountingFirm #cloudbasedaccounting #XeroCertified #XeroAccountingSoftware #XeroAccounting #SimplifyFinance #BusinessGrowthTips #TechSavvy #AccountingSoftware
Don’t know what to get for this holiday season? ๐
This December, we're shining a spotlight on local entrepreneurs who are ready to fill your cart with amazing products and services for the festive season!
โบ Each week, we'll feature three inspiring entrepreneurs whose offerings are perfect for holiday gifting.
Why are we doing this? Because we believe that small businesses matter, and we’re here to cheer them on! Supporting each other creates a vibrant community where everyone thrives. ๐ฅ
Join Our Festive Countdown: Get ready for “The Perfect Gift Hunt” with DoughGetters!
We’ll be sending out emails packed with discounts, personal insights about these incredible South African entrepreneurs (like Kerry Russell of Three Sisters & Co. in Bellville, The Great Break. Founded by designer Jared Kohn, etc), and the unique gifts they offer.
Want to be part of this celebration? Comment "festive" below, and you’ll receive a link to join our newsletter. ๐คฉ
We also want to hear from you! Share your favorite local businesses in the comments, and let’s spread the festive cheer together! โจ
#DoughgettersAccounting #AccountingFirm #festivegiftsideas #holidaygiftshopping #holidaycountdown #holidaycountdownbegins #festiveseasongifts #christmasgiftsideas #giftingsolutions #2024Christmas
The 5 Best Ways to Ensure Technology Upgrades Boost Your Accounting Efficiency ๐ฅ
Navigating technology upgrades in accounting can be a game-changer for efficiency, but only if done right! ๐ค
Here's how you can avoid pitfalls and truly capitalise on technological advancements: โฌ๏ธ
โต Clear Communication is Key: Before implementing new systems, ensure everyone involved understands the changes. Clear, concise instructions can prevent a lot of confusion and inefficiencies.
โถ Test Before Full Implementation: Run pilot tests of new systems to identify potential issues before they affect your entire operation. This can save you from costly mistakes that affect your financial workflow.
โท Train Your Team Thoroughly: Ensure your team is well-trained on the new systems. Adequate training can make the difference between enhancing capabilities and hindering them.
โธ Evaluate Regularly: Once implemented, regularly evaluate the efficiency of the new technology. This will help you understand if it's meeting your needs or if further adjustments are needed.
โน Stay Informed on Latest Developments: Keep up with the latest in accounting technology to ensure your upgrades are always leading-edge and not just keeping pace.
In our experience at @doughgetters_group, leveraging technology in accounting should simplify your processes, not complicate them. That's why we advocate for a strategic approach to any tech upgrade. ๐
๐ Need some help? We’d love to!
Contact us - Link in bio
#DoughgettersAccounting #TechSavvy #AccountingTech #FinancialEfficiency #BusinessGrowthTips #SimpleFinance #SAentrepreneurs #SmallBusinessesMatter #SmallBusinessOwnership #FinancialClarity
A few things you need to know to about remote working accountants ๐
Remote working accountants, like at DoughGetters are financial professionals who perform bookkeeping, accounting, and tax compliance tasks from remote locations.
We utilise digital tools and technology to manage financial records, prepare financial statements, and ensure compliance.
By working from home or any other remote setting, we maintain data security, communicate through virtual platforms, and adhere to deadlines while managing our workflow independently.
Want to know more about us? Go give us a follow @doughgettters_group. ๐ฉ
#DoughgettersAccounting #AccountingFirm #AccountingServices #Accountants #RemoteAccountant #SimpleFinance #TechSavvy #SimplifyYourFinances #SAentrepreneurs #SmallBusinessesMatter
The world of work is evolving fast. ๐จ It’s no longer a question of if—it’s when. From AI advancements to shifting market demands, big changes are already happening, and even bigger ones are on the horizon. To stay ahead, we need to adapt and prepare for jobs and roles that don’t even exist yet.
Here’s how we believe we can stay future-ready:
๐ Develop Empathy and Emotional Intelligence: In a world where AI can handle data, it’s our human touch that makes the difference. Strengthening our emotional intelligence and empathy will keep us relevant and invaluable.
๐ Focus on What AI Can’t Do: Design your career and skills around what only humans can bring—creativity, critical thinking, and interpersonal connection. Machines can’t replace that.
๐ Stay Adaptable and Curious: Reinventing ourselves and embracing lifelong learning is key. The ability to learn, unlearn, and relearn is what will keep us thriving in this new landscape.
The future isn't something we should fear—it's an opportunity waiting to be seized. The more we prepare now, the better we’ll navigate the changes to come. ๐
What’s your viewpoint? Comment below and let me hear your side of the story!
#DoughgettersAccounting #AccountingFirm #BusinessAccounting #AccountingProfessionals #AIthoughts #TechSavvy #behuman #SmallBusinessOwnersClub #entrepreneurmindsets #SAentrepreneurs
Stop scrambling for last-minute data entry! Here’s why cloud-based accounting is a game-changer. ๐ค
โบ At DoughGetters, we believe in working smarter, not harder. That’s why we use cloud-based accounting with Xero.
With cloud-based accounting, we no longer waste time manually entering data. Instead, automated processes and direct bank feeds handle the heavy lifting, allowing us to focus on achieving your business’s financial goals. Whether it’s processing transactions or sending invoice reminders, cloud-based systems save us time and ensure everything runs smoothly.
Plus, having access to real-time financial data from anywhere means we’re always on top of our game.
๐ No more waiting until the end of the month for updates — just log in and get the full picture on demand.
What’s the first thing that comes to mind when you think of cloud-based accounting? ๐
#DoughgettersAccounting #AccountingFirm #AccountingServices #cloudbasedaccounting #XeroCertified #SAentrepreneurs #SimplifyFinance #BusinessGrowthTips #FinancialSolutions #TechSavvy
If you think AI is going to take your job, think again.๐ค
AI isn’t here to replace your accountant—it’s here to assist them. ๐ค But like everything, there are pros and cons. Let’s dive in!
On the positive side, AI offers incredible opportunities, like:
1๏ธโฃ Increased Productivity: With AI handling the repetitive stuff, we can focus more on advising clients and solving real business problems.
2๏ธโฃ More Time for Big-Picture Thinking: It frees us up to innovate, build relationships, and use our human touch to drive businesses forward.
3๏ธโฃ Scientific Breakthroughs: AI is pushing boundaries, speeding up advancements in areas like healthcare, which opens doors for business and society alike.
But it’s not all sunshine and rainbows. ๐ฉ๏ธ There are some cons to keep in mind:
1๏ธโฃ Over-Reliance on AI: Too much trust in AI without applying human judgment can lead to poor decision-making. We need to keep our critical thinking sharp, this is why we prioritise human relationships.
2๏ธโฃ Dehumanisation Risk: Spending too much time with machines could mean losing touch with what makes us human—empathy and connection.
3๏ธโฃ Job Displacement Concerns: Yes, AI will shift jobs, but history shows us that every industrial revolution has led to *better* opportunities, not fewer.
So, the future of accounting isn’t just about embracing AI—it’s about balancing the tech with the human side. ๐
Do you think AI is a threat or an opportunity? Let’s talk in the comments!
#DoughgettersAccounting #AccountingFirm #AIthoughts #FinancialHelp #SimplifyFinance #SmallBusinessOwnersClub #BusinessGrowthTips #FinancialSolutions #SimpleFinance #TechSavvy
Are you still navigating a maze of manual accounting processes?
Top 3 Benefits of Automating Accounting: ๐
โต Boost Efficiency: Automate routine tasks like billing and payroll to drastically cut down on time spent, allowing your team to focus on more complex and rewarding work.
โถ Enhance Accuracy: Reduce the risk of human error and ensure compliance with financial regulations through precise, automated systems.
โท Improve Scalability: Effortlessly scale your operations to handle a growing client base without a corresponding increase in staffing costs.
Embrace the future of accounting with automation—it's not just about doing more in less time, it's about doing it better. ๐
๐ Ready to transform you accounting process? Link in Bio
#DoughgettersAccounting #AccountingAutomation #TechSavvy #FinancialManagement #BusinessGrowthTips #SimpleFinance #SAentrepreneurs #SmallBusinessesMatter #BusinessOwnersLife #AccountingProfessionals
Some of our favourite tech tools we use at Doughgetters ๐ฉ
Xero - for digital accounting,
HubDoc - for automating data capture
SimplePay - for cloud-based payroll.
Our virtual communication is enhanced through Microsoft Teams and Zoom, ensuring seamless interaction with clients and colleagues.
Additionally, we use Asana for project management.
This comprehensive approach ensures we maintain high productivity and client satisfaction, even from a distance. ๐
What is you favorite tool? Comment below๐
#DoughgettersAccounting #AccountingFirm #RemoteAccountant #XeroAccountingSoftware #XeroAccounting #XeroCertified #AccountingSoftware #FinancialSolutions #SimpleFinance #TechSavvy
Who said accountants can’t be lifelong learners? ๐ค
Tax laws and financial regulations are like a never-ending puzzle!
That’s why it’s so important that your accountant stays on top of the latest developments. If they’re not continually learning, how can they ensure your business is ahead of the game?
The best accountants aren’t just number-crunchers; they’re advisors who stay up-to-date with tax law changes, tech advances, and industry trends.
โบ At DoughGetters, we believe that continuous learning is key to delivering fresh insights and innovative solutions.
Whether it’s navigating evolving tax laws or finding better ways to streamline processes with new technology, staying sharp means staying relevant. And that’s how we help our clients make smarter decisions. ๐ฉ
Want to join an accounting team that stays up to date? Link in bio ๐๐ผ
#DoughgettersAccounting #AccountingFirm #BusinessAccounting #AccountingProfessionals #FinancialClarity #BusinessGrowthTips #FinancialSolutions #SimpleFinance #SmallBusinessesMatter #BusinessOwnersLife
Unlock the secret to flawless communication in financial reporting! โฌ๏ธ
Effective communication in financial reporting is essential—not just for compliance, but for maintaining stakeholder trust, especially during technological transitions in accounting systems.
Here are three expert tips to enhance your communication strategy:
1๏ธโฃ Simplify Complex Concepts: Use visuals and straightforward language to break down complex financial data. This helps stakeholders understand the implications without needing a finance degree. ๐ค
2๏ธโฃ Provide Regular Updates: Implement a routine for regular updates to keep all stakeholders informed about changes and developments. This prevents misinformation and builds confidence in your financial management.
3๏ธโฃ Encourage Feedback: Facilitate feedback from stakeholders. This not only strengthens relationships but also helps you refine your communication approach based on direct input.
Like what you've read and want to learn more? Link in bio! ๐ฉ
#DoughgettersAccounting #AccountingFirm #FinancialManagement #BusinessAccounting #SmallBusinessOwnership #FinancialHelp #SimplifyFinance #BusinessGrowthTips #FinancialSolutions #SimpleFinance
Here’s exactly what we’d do to boost your business valuation with little to no fuss
We understand the power of orderly books. If you're aiming to enhance your business's valuation swiftly, focus on streamlining and meticulously documenting every process. ๐
Here's how we can help:
โบ Systematic Organisation:
We ensure your financial records are clear, concise, and comprehensive. This transparency not only boosts investor confidence but also showcases your business as a well-oiled machine, primed for success.
โบ Efficiency Investment:
We guide you in implementing best practices that align with your business goals, making your operations smoother and more scalable. Adopting systems that enhance operational efficiency is key. ๐
โบ Financial Health Communication:
We help you effectively communicate your company's financial health to stakeholders. Whether you're preparing shareholder reports or meeting regulatory standards, our approach ensures your financial reporting is both robust and clear.
๐ฉ At DoughGetters, we don't just help you stay on top of your finances and tax compliance; we ensure they reflect your business's true potential. We’d love to help boost your business valuation!
Contact us - Link in bio.
#DoughgettersAccounting #AccountingFirm #BusinessAccounting #AccountingProfessionals #SAentrepreneurs #SmallBusinessesMatter #BusinessOwnersLife #StartupFinance #FinancialSolutions #SimpleFinance
Ready to transform the way you run your practice?๐
When it comes to building a modern accounting practice, the debate about moving to the cloud is long over. ๐ The real question now is *how* you can design your practice processes and workflows to truly delight both your team and your clients.
Here’s how we approach it:
1๏ธโฃ Engineer your workflows for maximum efficiency.
2๏ธโฃ Choose the right cloud tools (like Xero!) to streamline operations.
3๏ธโฃ Execute with clear focus and determination.
Innovation, authentic relationships, and guiding clients into the future—this is what defines the modern accountant. ๐ค
Hit the comments with a quick thought!
#DoughgettersAccounting #AccountingFirm #BusinessAccounting #XeroAccountingSoftware #BusinessGrowthTips #FinancialSolutions #SimpleFinance #SmallBusinessOwnership #FinancialHelp #SAentrepreneurs
The 5 best ways to leverage business assets for exponential growth. ๐ฅ
Understanding how to strategically invest in and manage business assets is pivotal for any company aiming for substantial and sustainable growth. ๐Whether it’s innovative technology, human capital, or strong branding, each asset plays a vital role in scaling your operations and enhancing market competitiveness.
๐ค Here’s a focused breakdown of what we’d prioritise to make a significant impact:
โต Technology and Systems: Streamline operations and increase efficiency with advanced tech solutions. Automation software or cloud computing can drastically reduce the time spent on routine tasks, freeing up resources for strategic initiatives.
For instance, in our business, we need the best technology to help us deliver an amazing bookkeeping and accounting experience to our clients. That is why we LOVE @xero!
โถ Brand Assets: Your brand's philosophy and identity are crucial. Cultivate a strong brand image and maintain consistency across all platforms to build trust and recognition. This helps in creating a loyal customer base and differentiates your business in crowded markets.
โท Skilled Personnel: Invest in hiring and developing top talent. Employees who are skilled and motivated can drive innovation and efficiency in your business operations, making them invaluable assets.
โธ Marketing Assets: Develop robust marketing strategies that emphasize your unique selling propositions. Use data-driven approaches to target the right audience and convert leads into loyal customers.
โน Product Innovation: Continuously improve and diversify your product offerings to meet evolving market demands. Keep your products relevant and appealing to maintain a competitive advantage.
@doughgetters_group we love to see people succeed! ๐
From these essential business assets, which one resonates most with your growth goals? Comment below. โฌ๏ธ
#DoughgettersAccounting #XeroCertified #AccountingExperts #AccountingProfessionals #AccountingSoftware #SAentrepreneurs #SmallBusinessesMatter #BusinessGrowthTips #SimpleFinance #TechSavvy
If you were our client looking to scale, here's the financial strategy we'd recommend. ๐
โต Efficient Problem-Solving: Develop solutions that meet current market demands while optimising your financial resources. Efficient use of capital is crucial.
โถ Financial Scalability: Ensure your financial systems and processes can support expansion. This includes scalable accounting practices that grow with your business (we can help with that ๐).
โท Strong Brand Identity: From a financial perspective, a strong brand can command premium pricing and foster customer loyalty—both critical for long-term financial health.
โธ Investment in Strategic Assets: Following Daniel Priestley's '24 Assets' principles, prioritise investments that enhance productivity and operational efficiency. This could include advanced accounting software, skilled financial personnel, or cutting-edge technology.
โน Invest in a Strong Team: Building a team of motivated and ambitious individuals is essential. A driven team not only enhances your company's performance but also aligns with your growth trajectory, pushing the business forward.
โบ Proactive Use of AI: Embrace artificial intelligence to drive efficiency and innovation. AI can revolutionize client and employee experiences by streamlining operations and offering insights that lead to better decision-making.
As accountants, we emphasise not just growing your business, but sustaining that growth financially.
Want to discuss how these financial strategies can be tailored to your specific business needs? Let's get in touch—link in bio. Or drop your questions in the comments below โฌ๏ธ
#DoughgettersAccounting #XeroCertified #AccountingExperts #FinancialHelp #SimplifyFinance #SmallBusinessOwnersClub #SimpleFinance #TechSavvy #FinancialClarity #SmallBusinessFinance
Proof that you don’t need decades of experience to define and achieve business success.
๐ค Focus on your vision and the problems you're solving.
Keeping your original motivation in mind helps steer your business in the right direction, whether that involves preparing for a future sale or maintaining long-term growth. Unsure of your end goal? ๐ค
Let’s set clear, achievable targets right here right now.
๐ Plan Your Exit Strategy:
Whether you're contemplating a high-value sale or a smooth transition to the next generation, our strategic accounting services ensure your financials are in perfect order to support your plans.
๐ Increase Valuation:
We help maintain transparency in your operations and manage risks effectively. With our expert financial oversight, attract investors and enhance your business valuation when it’s time to take the next step.
๐ Aim for Legacy:
Looking to leave a significant mark in the market? Let us assist you in laying the financial groundwork for scalable, innovative solutions that set your business apart.
๐ Smart Asset Investment:
Based on proven strategies like those in Daniel Priestley’s '24 Assets', we recommend and help manage investments in assets that boost your business efficiency and innovation—freeing you to focus on strategic growth.
What's the number one goal you're aiming to achieve with your business right now? Comment down below. โฌ๏ธ
#DoughgettersAccounting #BusinessAccounting #XeroAccountingSoftware #AccountingProfessionals #SimplifyYourFinances #AccountingSoftware #FinancialSupport #FinancialClarity #SAentrepreneurs #BusinessOwnersLife
Here's exactly how robust accounting practices can elevate your business operations.
As your trusted experts, we simplify the complexities of accounting and reveal its critical role beyond just management—to guaranteeing total compliance with financial reporting standards.
Accurate accounting isn’t just good practice—it’s essential. ๐ It allows you to meet legal obligations effortlessly and communicate your company’s financial health transparently to stakeholders. Whether you’re preparing reports for shareholders or adhering to strict regulatory standards, maintaining pristine books is non-negotiable. ๐ค
Looking to upgrade your financial practices for better compliance and clarity? Follow us at @doughgetters_group for expert tips and updates. ๐ฉ
#DoughgettersAccounting #AccountingFirm #BusinessAccounting #AccountingProfessionals #FinancialClarity #BusinessGrowthTips #FinancialSolutions #SimpleFinance #SmallBusinessesMatter #BusinessOwnersLife
Here’s proof that you don’t need complex systems to manage business performance effectively. โฌ๏ธ
๐ฅ With effective accounting you can:
โต Track Key Financial Metrics:
Stay on top of financial performance, profit margins, and cashflow. This ongoing monitoring helps you understand the financial pulse of your business at a glance.
โถ Identify Trends:
Spot patterns in financial data that indicate both opportunities and challenges. Is your profitability dipping during certain periods? Are some costs creeping up unnoticed? Accounting gives you the answers.
โท Pinpoint Improvement Areas:
By regularly reviewing your financials, you can quickly identify areas that require intervention, allowing you to adjust operations or strategies effectively.
โธ Take Corrective Actions:
Armed with accurate data, you can make strategic decisions that address issues head-on, whether that's cutting unnecessary expenses, reallocating resources, or revising pricing strategies.
Big idea: Good accounting doesn’t just maintain your books—it propels your business forward by providing the insights needed to enhance performance and drive growth. ๐
Do these aspects of accounting impact your business decisions? If so, get into contact with us. Link in bio.
#DoughgettersAccounting #AccountingFirm #BusinessAccounting #AccountingProfessionals #financialmetrics #FinancialSupport #FinancialClarity #MoneyOrganizer #AccountingConsultant #SmallBusinessesMatter #BusinessOwnersLife #StartupFinance
You think it takes years to get great results in accounting? Think again. ๐
With the right accounting information at your fingertips, you can not only streamline the decision-making process but also turn financial forecasting from a chore into a strategic advantage.
Here’s how detailed, accurate accounting empowers you to make smarter, faster decisions:
1๏ธโฃ Revenue and Expense Trends:
By tracking these trends, accounting helps you spot opportunities for growth and areas where cost-cutting is necessary. This is essential for adjusting strategies and allocating resources more efficiently.
2๏ธโฃ Cost Structure Analysis:
Understanding the specific costs associated with each aspect of your business enables you to fine-tune pricing strategies and optimise profitability. Whether you're tweaking product lines or adjusting service offerings, accounting gives you the data to back your decisions.
3๏ธโฃ Strategic Investment Assessment:
Looking to expand? Accounting data provides a solid foundation for evaluating the potential returns on new investments, ensuring you commit resources to projects with the best financial prospects.
4๏ธโฃ Resource Allocation:
With comprehensive accounting, you can make informed decisions about how to distribute resources across various parts of your business to maximise efficiency and profitability.
Isn’t that just so cool!? ๐
Are you leveraging your accounting data to its fullest potential? If not, and you don’t know how, we can help you @doughgetters_group. ๐ฉ
Comment down below if you have ever needed help with any of these points. And if so, which one, if not all of them? โฌ๏ธ
#DoughgettersAccounting #AccountingFirm #SAentrepreneurs #SmallBusinessesMatter #BusinessOwnersLife #AccountingProfessionals #FinancialSolutions #SimpleFinance #AccountingConsultant #SmallBusinessFinance
After working with hundreds of clients solving complex financial puzzles, we need you to know this is the #1 thing that is overlooked. ๐ฒ
If you think accounting is just about keeping books, think again! It’s the secret sauce to crafting winning strategies based on hard, cold facts.
Accounting is more than this… From recording and classifying to summarising financial transactions, it gives you a crystal-clear picture of your financial health, empowering you to make choices that propel your business forward.
Imagine navigating your business without guesswork. ๐
With robust accounting, you're not just hoping your decisions pan out—you're strategically planning with precision.
This means ๐ you can align your business practices seamlessly with your long-term goals without stumbling over financial surprises.
So, why let poor financial management play spoilsport in your success story?
Whether it's managing cash flows, assessing investment opportunities, or simply ensuring you're not bleeding money, good accounting keeps you in the driver's seat.
Don't just manage your business—master it!
Do you want to navigate your business without guesswork? Then go to our link in our bio.
#DoughgettersAccounting #AccountingFirm #BusinessAccounting #AccountingProfessionals #BusinessGrowthTips #FinancialSolutions #SimpleFinance #SmallBusinessOwnership #FinancialHelp #SmallBusinessOwnersClub
Having a tech-savvy accountant is your time-saving hero.
Attempting to manage accounting in-house can become a time-consuming endeavour, diverting your focus from core business functions. ๐
But here's the good news๐คฉ—scaling businesses don't need to invest in maintaining a full-time finance team. Outsource your finance function so that you can focus on those things that generate well-deserved cash flow for your business.
By outsourcing your finance function to tech-savvy accountants like DoughGetters, you can stay on top of your numbers and tax compliance for a fraction of the investment in your own team!
What are your thoughts on outsourcing your accounting responsibilities? Comment down below โฌ๏ธ
#DoughgettersAccounting #AccountingFirm #BusinessAccounting #SmallBusinessOwnership #FinancialHelp #SimplifyFinance #SmallBusinessOwnersClub #FinancialSolutions #SimpleFinance #TechSavvy
Here’s the #1 thing that’s overlooked in bookkeeping: ๐ซฃ
Accurate, up-to-date bookkeeping isn't just a nice-to-have—it's a necessity!
When your bookkeeping isn’t on point, you’re not just dealing with numbers—you’re missing critical deadlines, inviting uncertainties, and risking incorrect financial outcomes. ๐ณ
Let us break down the potential disadvantages for you:โฌ๏ธ
โต Limited Business Insights: Without well-organised books, you can't effectively assess your business health or make informed decisions about where to invest your resources.
โถ Difficulty Accessing Credit: Banks and lenders require well-organised financial records to evaluate your creditworthiness. Disorganised books weaken your case for loans or credit lines.
โท Value Erosion: Proper bookkeeping supports a strong and defensible business valuation.
โธ Unnecessary Roadblocks: Poor bookkeeping weakens your defence when you are audited by the tax authorities.
Keep your books clean and your business well-organised. If you need a hand, let’s chat!
Link in bio.
#DoughgettersAccounting #AccountingFirm #AccountingServices #AccountingProblems #MoneyOrganizer #FinancialClarity #BusinessGrowthTips #FinancialSolution #entrepreneurmindsets #SAentrepreneurs
This is part of our job description!
We love to ease financial anxiety for you. ๐ฉ
At DoughGetters, we understand the anxieties that small business owners face daily. Our team, composed of experienced, professional, and qualified accountants, is not just in the business of numbers; we are small business owners ourselves, passionately committed to seeing our clients succeed.
Our purpose goes beyond mere financial management; we strive to eliminate surprises, boost efficiency, and help you save time so you can focus on growing your business. ๐
Utilising the latest award-winning cloud accounting technology, we bring life to what might seem tedious and complex. This technology, combined with our proactive approach, means that financial management becomes an engaging and insightful experience. Thanks @xero!
๐ We don't just manage your accounts; we make your numbers speak to you, providing clarity and confidence in your business decisions.
We understand that behind every set of numbers is a person, a dream, and a business journey. ๐
We’d love for you to have access to our team here @doughgetter_group so that you can have anxiety free financing! Link in BIO.
#DoughgettersAccounting #AccountingServices #FinancialManagement #BusinessAccounting #XeroAccountingSoftware #XeroCertified #FinancialSupport #FinancialClarity #FinancialSolutions #TechSavvy
Let’s talk about choosing the right accountant.
Before you choose an accountant to partner with, take this into account (yes, pun intended):
๐ A firm's reputation says a lot about the quality of their service. So do it. Go check online reviews, ask for client testimonials, and speak to their existing clients. This can give you a good idea of their reliability, professionalism, and customer service.
See what their clients have to say about them! ๐
๐ Your accounting partner should be more than just a service provider. They should be a partner who takes the time to understand your business, your goals, and your challenges.
They should be committed to your success! ๐
Choosing the right accounting partner is a crucial decision that can impact your business's financial health and growth. By considering these factors, you can find a partner that aligns with your business needs and can provide the support you need to achieve your financial goals.
At DoughGetters we strive to be this kind of partner for you. ๐ฉ
So….go click the link in our BIO!! You won’t regret it.
#DoughgettersAccounting #AccountingServices #BusinessGrowthTips #FinancialSolutions #SimpleFinance #TechSavvy #MoneyOrganizer #AccountingConsultant #entrepreneurmindsets #SAentrepreneurs
We need to have a chat about this myth!
As a small business owner or entrepreneur, you might have heard whispers about the risks of outsourcing your accounting.
One of the most common misconceptions is that by doing so, you lose control over your finances. ๐คจ
However…
One of the biggest benefits of outsourcing your accounting is gaining access to a team of experienced professionals who specialise in managing the finances of businesses like yours.
โก๏ธ Experts provide valuable insights and advice that can help you make informed decisions about your business's financial future.
YES! This means that instead of drowning in spreadsheets and tax returns, you can spend time on what truly matters: ๐ GROWING your business.
Using the latest award-winning cloud-based technology, we’ll give you real-time access to your financial data, no matter where you are. You can log in to your account anytime to review financial reports, check cash flow, or analyse your profit margins.
Have any questions about why you should get an accountant? Comment down below. โฌ๏ธ
#DoughgettersAccounting #AccountingFirm #Accountants #FinancialManagement #BusinessOwnersLife #StartupFinance #SimpleFinance #TechSavvy #XeroAccounting #XeroCertified
Let's face it – you didn't start your business to become an accountant (unless, of course, you're an accounting firm!). ๐
If you find yourself dedicating more time to managing your finances than focusing on your core business, it might be time to delegate your accounting to someone else. Preferably a professional accountant!
Why this could benefit you๐
By doing so, you can free up valuable time and energy to concentrate on what you do best: growing your business.
Outsourcing your accounting is a strategic decision that can help you
๐ Streamline your operations
๐ Access expert advice
๐ Focus on your core business
If you're experiencing rapid growth, planning to scale, or simply need a helping hand with your finances, consider partnering with DoughGetters.
Just a thought. ๐๐ฉ
Contact us by checking out the LINK IN BIO.
#DoughgettersAccounting #AccountingFirm #AccountingServices #AccountingProfessionals #BusinessGrowthTips #FinancialSolutions #SimpleFinance #entrepreneurmindsets #SAentrepreneurs #SmallBusinessesMatter
Did you know that managing your business finances doesn’t have to be tedious?
Our transformative approach to what is often perceived as a mundane discipline of accounting and bookkeeping has positively impacted many business owners.
๐ฉ Our method goes beyond traditional practices, breathing life into accounting that many find tedious.
One of our clients shared a powerful testament to this transformation: ๐
"You've reshaped my relationship with what it means to have an accountant. Even with SARS, I used to have a negative relationship with them, and because of the way in which we've handled the business and conversations around tax, that has even reshaped that for me. So when I listen to my mom and the relationship she has with her accountant and the way that they run her finances, I'm thinking, 'What are you doing?' It's just not right. I would like for her to have the same experience as I have had, and also, I know I can trust you to look after her business well."
It's not just about keeping books and filing taxes; it's about creating a relationship where our clients feel understood, supported, and confident in their financial journey. ๐ธ
Through our innovative and client-centric approach, we turn the 'boring๐ฅฑ' into something empowering and integral to the success of businesses. ๐คฉ
This is the DoughGetters difference – transforming perceptions, relationships, and ultimately, business outcomes.
Find out more in the LINK IN BIO!
#DoughgettersAccounting #AccountingFirm #FinancialSupport #FinancialClarity #TaxHelp #TaxCompliance #SmallBusinessOwnersClub #entrepreneurmindsets
Does this sound like you? ๐
As a small business owner or entrepreneur, you've likely worn many hats while growing your venture, and that includes managing your finances. But…there comes a time when you might consider outsourcing your accounting to the pros.
The question is, when is the right time to make this move? ๐ฑ
โก๏ธ When you find yourself spending more time on bookkeeping than on growing your business, it might be time to consider outsourcing your accounting.
Growth is exciting, but it also brings added complexity to your financial management. As your business expands, you'll likely see an increase in transactions, expenses, and perhaps even employees.
โก๏ธ When you need to make complex financial decisions it might be a good idea to outsource for a guiding and supporting accountant partner.
There's no shame in admitting that you're not a financial expert – after all, you're an entrepreneur! As your business evolves, you may find yourself in need of expert advice on tax planning, cash flow management, or financial reporting.
โก๏ธ When scaling you operation. It's essential to have a clear understanding of your cash flow, profit margins, and financial forecasts before you take the next big step.
Scaling your business requires a solid financial foundation, and that means having reliable and accurate financial data at your fingertips. ๐
As a small business owner, it can be challenging to stay up-to-date with ever-changing tax regulations and financial reporting requirements. Outsourcing your accounting to a dedicated team can help you stay compliant and avoid costly mistakes.
Contact us by clicking the LINK IN BIO.
#DoughgettersAccounting #AccountingFirm #AccountingServices #XeroCertified #SmallBusinessOwnersClub #entrepreneurmindsets #SAentrepreneurs #SmallBusinessesMatter #BusinessGrowthTips #FinancialSolutions
What makes an accountant great and why should you care? ๐
Reliability.
This word signifies the quality of being trustworthy and performing consistently well. In other words, we are perfectionists!๐
Running a business is challenging enough without the added stress of financial worries. Accountants understand how overwhelming it can feel to not be in complete control.
Accountants like us empower entrepreneurial go-getters to:
๐ stay on top of their accounting game
๐ค make informed financial decisions
๐ accelerate their business growth
Whether you’re a small business or a large corporation, accounting is indispensable. It provides critical financial information, ensures tax compliance, fosters growth, saves time, and offers peace of mind.
Do you need more answers to accounting questions? Follow us at @doughgetters_group and comment below with one of your biggest business struggles!
#DoughgettersAccounting #AccountingFirm #AccountingServices #Accountants #MoneyOrganizer #AccountingConsultant #FinancialSolutions #entrepreneurmindsets #SAentrepreneurs #BusinessOwnersLife
Calling all business owners: this one’s for you!
When choosing an accounting partner, consider these two crucial factors:
โถ Today's businesses need more than just traditional bookkeeping. ๐งพ Look for an accounting partner who offers strategic financial advice, tax planning, payroll management, and more.
โก๏ธ Choose someone who can grow with your business and adapt to your evolving needs.
โท In the digital age, your accounting partner should be tech-savvy.๐ง๐ป They should leverage modern accounting tools and technologies to streamline processes, provide real-time reporting, and safeguard your financial data.
To sum it up, the accountants should:
โก๏ธ Use the latest accounting software and tools to deliver efficient and accurate services.
โก๏ธ Stay updated with tech trends to ensure they are providing you with the best possible service.
And just so you know, we do all of that and even more! ๐๐
What is something you would add to these points? Let us know your thoughts down in the comments. โฌ๏ธ
#DoughgettersAccounting #AccountingFirm #AccountingServices #XeroCertified #AccountingExperts #AccountingSoftware #BusinessGrowthTips #FinancialSolutions #SimpleFinance #TechSavvy
This might be challenging for you to hear๐
In the intricate world of financial management, bookkeeping and accounting demand not just a keen eye for detail but a real passion too. Sometimes, it can feel a bit overwhelming, but hey, that’s part of the challenge!
Despite this, you might even opt to tackle these tasks yourself. And we assume this might be some of your reasons:
๐ Cost concerns or hesitation to invest in high-quality services;
๐ Desire for full control;
๐ Perceived simplicity of tasks believing you can manage as well, if not better than, experienced accountants;
๐ Privacy and trust issues: and
๐ Lack of awareness of accounting complexity.
Yet, this approach often overlooks a crucial truth:
โก๏ธ Solid financial management
Without this foundation, the entire structure of financial insights becomes precarious.
The consequences of inaccuracies are significant, including:
๐ซ Cash flow mismanagement
๐ซ Tax compliance issues
๐ซ Reduced investor or lender confidence
๐ซ Damaged reputation
๐ซ Internal confusion and low morale
๐ซ Long-term strategy setbacks
When you cannot trust the numbers reflecting your business’s performance, you lose grip on your financial reins. This uncertainty, coupled with the fear of tax-related consequences, only heightens your anxiety, deepening your sense of being overwhelmed and out of control. ๐ฃ
In such a scenario, the need for reliable and professional financial management becomes not just a preference, but a necessity for the health and growth of your business. WE can help you here at DoughGetters!
Contact us by checking out the LINK IN BIO.
#DoughgettersAccounting #AccountingFirm #AccountingServices #FinancialManagement #BusinessAccounting #XeroCertified #BusinessGrowthTips #FinancialSolutions #SimpleFinance #FinancialHelp
Why Effective Bookkeeping is a must as an SME in South Africa! ๐ฏ
๐ Meticulous Financial Management is crucial for Long-Term Success in your business:
Businesses that prioritise and excel in financial management are more likely to thrive over the years.
Why it Matters:
๐ Compliance and legal obligations
๐ Informed decision-making
๐ Financial stability
๐ Investor and stakeholder confidence
How DoughGetters Can Help:
๐ฏ We bring expertise in financial management, offering services that go beyond traditional bookkeeping to ensure comprehensive financial health.
๐ฏ We understand that each business is unique, so we craft tailored financial solutions, addressing specific needs and challenges for long-term success.
๐ฏ Through consultations, we assist you in strategic financial planning, aligning your financial goals with long-term success.
Schedule a consultation with DoughGetters today for personalised advice on leveraging cloud accounting for your business in South Africa!
#FinancialManagement #LongTermSuccess #BusinessStrategy #FinancialHealth #StrategicPlanning #SME #SMESouthAfrica
This women’s month we had the ultimate privilege of hosting an event with over 100 women in George.
The event was all about celebrating, connecting, and inspiring women in business.
Man oh man, was this event more than just a networking event; it was a morning of listening to authentic business conversations… the good, the bad & the beautiful (sometimes ugly ๐
)
Thank you to each and every women who came and who wanted to be there!
Thank you to @melissaduplooy01 & @rene_mc_leod for putting this day together and for our male colleagues @willem_haarhoff & @michiel_claassen for supporting this initiative @doughgetters_group
Thank you to @xero for sponsoring this incredible event and to all the ladies that shared their stories.
Tag a women in the comments you are grateful for today. โค๏ธ
#xero #authenticbusinessconversations #beautifulbusiness #womensday #womensdaysouthafrica #womensmonth
Maritime Motors Group keeping us going! ๐ช๐
We’re excited to have Maritime Motors Group as one of our incredible sponsors for the ABC’s: Authentic Business Conversations event, exclusively for women! As we celebrate Women’s Day, they’re giving us the wheels to keep rolling on—plus, our guest speakers will be transported in style!
Thank you, Maritime Motors, for helping us drive forward with purpose. We couldn’t be more grateful for your support! ๐
#MaritimeMotorsGroup #George #GWM #Haval #ABCsEvent #WomenInBusiness #WomensDay #AuthenticConversations #DoughGetters #Xero
Whoop whoop! Our team is growing. ๐คฉ
๐ Welcome to our new staff member, Clarissa Kuhn | Key Account Manager.
A warm welcome from the whole team at DoughGetters. ๐ฉ We are always working towards building a strong, skilled, and passionate team, and we believe you are an excellent fit for our team.
#DoughgettersAccounting #AccountingFirm #AccountingServices #Accountants #WelcomeToTheFamily #WelcomeToTheTeam #AccountantLife #TeamPlayers #TeamGrowth #NewTeamMember
Meet another one of our guest speakers:
Marilie La Grange | Founder of Nyfti Business Services.
Marilie’s journey of entrepreneurship happened by accident and was born from pure desperation. Together with millions of other people, Marilie was left jobless during the 2020 pandemic and had to quickly reinvent herself to maintain some sort of income and took on any random piece of work that anyone could offer. After a lot of sweat and tears, loss, burnout, anxiety and depression - Nyfti was born.
Since then…
๐ Nyfti has been chosen as the Xero South African App Integrator of the Year in 2023 and second place in 2024
and also..
๐ Nyfti had the honour of being chosen as one of Xero’s preferred implementation partners for the Xero Practice Management software.
Marilie has always been an overachiever and perfectionist which can clearly be seen in everything she does. What makes Marilie unique is her charismatic personality, optimistic realism and brutal honesty - what you see is what you get!
Come find her at The ABC’s: Authentic Business Conversations on August 6! ๐
Tickets are unfortunately SOLD OUT! But we have ONE lucky person who still stands the chance to win the last spot. Check out our previous post for instructions to stand a chance to win. ๐
#authenticbusinessconversations #doughgetters #beautifulbusiness #womeninbusiness #femaleentrepreneurship #femaleentrepreneurlife #onlineentrepreneur #entrepreneurinspiration #entrepreneursuccess #entrepreneurstyle #entrepreneursuccess #entrepreneurshiplifestyle #entrepreneurher #entrepreneurskills #entrepreneuradvice #entrepreneurwomen #entrepreneurcommunity #femalebusinessowners #femaleentrepreneurlifestyle #femaleentrepreneurjourney #femaleentrepreneurcoach #onlineentrepreneurs #onlineentrepreneurship #bossbusiness
That 'aha' moment when your finances finally make sense – we live for that! ๐๐ก
#DoughGettersMagic #FinancialClarity #XeroAccountingSoftware #AccountingServices #FinancialSolutions #SimpleFinance #AccountingProblems #entrepreneurmindsets #SAentrepreneurs #SmallBusinessOwnersClub
Unlock your business potential with cloud accounting solutions from DoughGetters.
Here’s how:
๐ Accessibility Anywhere - Access your financial data securely from any location, any time you need it. Freedom to manage finances on the go!
๐ Real-Time Data - Stay informed with up-to-date financial insights at your fingertips, enabling faster and more effective decision-making.
๐ Cost-Effective - Cut down on IT costs with no need for expensive hardware installations or maintenance.
๐ Enhanced Security - Enjoy peace of mind with advanced encryption and regular backups, ensuring your data is always safe.
๐ Scalability - Easily adjust your accounting system to meet the growing needs of your SME.
Ready to take your SME to the next level? ๐
Comment YES! And we’ll reach out to you!
#DoughgettersAccounting #AccountingFirm #AccountingServices #Accountants #FinancialManagement #BusinessAccounting #SimplifyYourFinances #AccountingSoftware #FinancialSolutions #TechSavvy
๐๐ Congratulations! ๐๐
We are thrilled to announce the winner of the ONE and ONLY last ticket to ABC's: Authentic Business Conversations event! A huge congratulations to @skinstitutesa
Thank you to everyone who participated in our competition and showed such incredible enthusiasm. Your support means the world to us!
Congratulations again to our winner! We can’t wait to see you at the event!
#ABCsEvent #AuthenticConversations #WomenInBusiness #CompetitionWinner #Congratulations #ThankYou
Join Us for an UNFORGETTABLE morning with this one of a kind lady!
Introducing Lexi Bird | Owner and Founder of local confectionery brand Ma Mère Confections.
Over the last 1๏ธโฃ2๏ธโฃ years she has built the brand into a house hold name whilst simultaneously building a family which now includes two beautiful little girls.
She will be sharing from her own entrepreneurial journeys and answering questions like:
→ “How do you prioritise tasks when everything seems urgent and important? Are there any specific methods you use to stay focused?”
→ “Balancing work and family life can be incredibly challenging. Can you share some strategies or routines that have helped you manage both effectively?”
Come find her at The ABC’s: Authentic Business Conversations on August 6! ๐
Tickets are unfortunately SOLD OUT! But we have ONE lucky person who still stands the chance to win the last spot. Check out our previous post for instructions to stand a chance to win. ๐ Only 30 minutes left to enter!!
#authenticbusinessconversations #doughgetters #beautifulbusiness #womeninbusiness #femaleentrepreneurship #femaleentrepreneurlife #onlineentrepreneur #entrepreneurinspiration #entrepreneursuccess #entrepreneurstyle #entrepreneursuccess #entrepreneurshiplifestyle #entrepreneurher #entrepreneurskills #entrepreneuradvice #entrepreneurwomen #entrepreneurcommunity #femalebusinessowners #femaleentrepreneurlifestyle #femaleentrepreneurjourney #femaleentrepreneurcoach #onlineentrepreneurs #onlineentrepreneurship #bossbusiness
This event is more than just a networking opportunity! ๐ฅ
It’s an event designed to celebrate, connect, and inspire women in business.
Meet Suzi McAfee | Lead Designer of Monarch Woodworx | Furniture brand based in George.
๐ฎ๐ช Originally from Ireland, Suzi has been in South Africa since 2008.
She moved to George with her husband to set up an NPO that began as a small sports programme and has evolved into a high school for underprivileged.
She only began woodworking in 2019 and what started as an instagram page and side hustle has grown into a popular furniture brand Monarch Woodworx.
Pieces are designed and made at the Monarch workshop in George and shipped throughout the country and worldwide. ๐คฉ
โก๏ธ Monarch Woodworx produces its own line of furniture as well as custom commissions for individuals and designers for residential and commercial projects.
It is the long term goal of Monarch Woodworx to link her two passions and inspire and uplift others in the field of woodwork and furniture making and to create jobs in the local George community.
She has two children and is involved with the fund-raising for George Royal Academy and in leadership at her local church so she is familiar with the challenge of the daily juggle of priorities and the mental tug of war that exists when you run your own business.
Come find her at The ABC’s: Authentic Business Conversations on August 6! ๐
Tickets are unfortunately SOLD OUT! But we have ONE lucky person who still stands the chance to win the last spot. Check out our previous post for instructions to stand a chance to win. ๐
#authenticbusinessconversations #doughgetters #beautifulbusiness #womeninbusiness #femaleentrepreneurship #femaleentrepreneurlife #onlineentrepreneur #entrepreneurinspiration #entrepreneursuccess #entrepreneurstyle #entrepreneursuccess #entrepreneurshiplifestyle #entrepreneurher #entrepreneurskills #entrepreneuradvice #entrepreneurwomen #entrepreneurcommunity #femalebusinessowners #femaleentrepreneurlifestyle #femaleentrepreneurjourney #femaleentrepreneurcoach #onlineentrepreneurs #onlineentrepreneurship #bossbusiness
How DOES she do it all??๐ฅ
Introducing Paulette Calitz! | Co-owner of Hadassa Collection ๐
Paulette grew up on George soil and studied in Potchefstroom; the world of fashion and business have always enticed her, and she entered it through the trainee buyer programme at Truworths.
After 5 years of being a buyer, she moved over to The Foschini Group as a senior buyer and later became Buying Manager for the Sports Division working with brands like Nike, Adidas and Puma.
She left the corporate world in 2018 with the birth of her second child and consulted other local brands in social media and buying best practices.
After being presented with the opportunity to take over the Hadassa brand in 2023 – she and her best friend from university days, Berdine Swart, took the leap!
“We both deeply love colour, exploring new places and discovering beauty all around us. We love to encourage women to embrace their full potential. We share a love and hope in our country, its people, and the incredible local wares they produce. Hadassa is not just about us - it is your journey as well! It’s about bringing to life that which might have been buried, celebrating the beauty God has created, clothing one another in grace and supporting our local communities.”
Paulette is also a mother of three (busy) children and married to the trail running athlete / lawyer AJ Calitz.
Come find her at The ABC’s: Authentic Business Conversations on August 6! ๐
Tickets are unfortunately SOLD OUT! But we have ONE lucky person who still stands the chance to win the last spot. Check out our previous post for instructions to stand a chance to win. ๐
#authenticbusinessconversations #doughgetters #beautifulbusiness #womeninbusiness #femaleentrepreneurship #femaleentrepreneurlife #onlineentrepreneur #entrepreneurinspiration #entrepreneursuccess #entrepreneurstyle #entrepreneursuccess #entrepreneurshiplifestyle #entrepreneurher #entrepreneurskills #entrepreneuradvice #entrepreneurwomen #entrepreneurcommunity #femalebusinessowners #femaleentrepreneurlifestyle #femaleentrepreneurjourney #femaleentrepreneurcoach #onlineentrepreneurs #onlineentrepreneurship #bossbusiness
๐จ๐๏ธ COMPETITION TIME! ๐๏ธ๐จ
๐คฉWe have the ONE and ONLY last ticket to the ABC's: Authentic Business Conversations event, and it could be yours!
โ๏ธQuestion: The ABCs For Entrepreneurs event is powered by which accounting software brand? Remember to use the @ in your answer!
How to Enter:๐ฝ
1. Comment below with your answer using the @mention.
2. Follow us @doughgetters_group and like 3 of our posts.
3. Share this post in your stories and tag us! @doughgetters_group
The winner will also receive 10 000 MAH fast charging power bank from @xero .
Closing Date: 12:00 on 29 July, Winner announced that same afternoon.
Don't miss out on this exclusive chance to join us for an inspiring and empowering event! Good luck! ๐
#ABCsEvent #AuthenticConversations #WomenInBusiness #Competition #WinTickets #LastTicket #AccountingSoftware #DoughGetters #Xero
๐จ๐๏ธ COMPETITION TIME! ๐๏ธ๐จ
We have the ONE and ONLY last ticket to the ABC's:
Authentic Business Conversations event, and it could be yours!๐คฉ
โก๏ธQuestion: The ABCs For Entrepreneurs event is powered by which accounting software brand? Remember to use the @ in your answer!โฌ
๏ธ
How to Enter:
1. Comment below with your answer using the @mention.
2. Follow us @doughgetters_group and like 3 of our posts.
3. Share this post in your stories and tag us! @doughgetters_group
The winner will also receive 10 000 MAH fast charging power bank from @xero
Closing Date: 12:00 on 29 July, Winner announced that same afternoon.
Don't miss out on this exclusive chance to join us for an inspiring and equipping event! Good luck! ๐
#ABCsEvent #AuthenticConversations #WomenInBusiness #Competition #WinTickets #LastTicket #AccountingSoftware #DoughGetters #Xero
๐๐๏ธ SOLD OUT! ๐๏ธ๐
Wow, what an incredible response! We are thrilled to announce that tickets for our very first ABC's: Authentic Business Conversations event are officially SOLD OUT!
A huge thank you to everyone who bought a ticket. Your enthusiasm and support mean the world to us. ๐
Missed out this time? Don't worry! Keep watching our socials for updates and announcements about our next event. We've got plenty more inspiring conversations, networking opportunities, and empowering moments in store. ๐ชโจ
Stay tuned and thank you for being part of this amazing community! ๐
#ABCsEvent #AuthenticConversations #WomenInBusiness #SoldOut #ThankYou #StayTuned #MoreToCome #DoughGetters #xero
Joy Des Fountain is a trailblazing tech entrepreneur, CEO, and a dedicated mother of three. ๐
๐ How does she do it all???
Join the Conversation with Joy Des Fountain!
โก๏ธ Her entrepreneurial journey, which took a significant leap in 2019, has been characterised by relentless innovation, a passion for connecting people, and a commitment to creating positive change in the tech industry.
As the force behind Aptivate, a pioneering Live Shopping B2B solution, Joy has been at the forefront of revolutionising the e-commerce space in Africa. Through Aptivate, she has introduced an innovative way for brands and creators to engage with their audiences, offering an interactive, shoppable video commerce experience that transcends traditional online shopping paradigms.
Joy’s leadership philosophy is rooted in the conviction that a supportive, empowering workplace culture is vital for a company’s success. She champions an environment where team members feel valued, inspired, and motivated to achieve their best.
โค๏ธ As a proud mom of three, Joy exemplifies the balance between professional ambition and personal fulfillment. She serves as a beacon of inspiration for aspiring entrepreneurs, particularly women, demonstrating that it is possible to nurture a thriving family while building a groundbreaking business.
๐ It wasn’t always easy!
Come find her at The ABC’s: Authentic Business Conversations on August 6!
๐
Date: Tuesday morning 6 August 2024
โฐ Time: Registration 08:00 for 08:30
โฑ Event starts: 08:30 - Event ends: 12:30
๐ Location: Hawthorn Boutique Hotel, George
Ticket sales close 30 July! Get yours before they sell out!
LINK IN BIO.
#authenticbusinessconversations #doughgetters #beautifulbusiness #womeninbusiness #femaleentrepreneurship #femaleentrepreneurlife #onlineentrepreneur #entrepreneurinspiration #entrepreneursuccess #entrepreneurstyle #entrepreneursuccess #entrepreneurshiplifestyle #entrepreneurher #entrepreneurskills #entrepreneuradvice #entrepreneurwomen #entrepreneurcommunity #femalebusinessowners #femaleentrepreneurlifestyle #femaleentrepreneurjourney #femaleentrepreneurcoach #onlineentrepreneurs #onlineentrepreneurship #bossbusiness
How does she do it all???
Join the Conversation with Christine Meintjes!
๐ Spoiler alert: it wasn’t always easy!
Christine is co-founder and CEO of The Local Edit, an innovative e-commerce brand where consumers can discover and shop a curated collection of South African designers.
She has 20 years of experience in visual communication, online media and digital content creation which has shaped her ability to see simplicity in complex structures, though design constructs. She’s passionate about innovation and her natural ability to creatively solve problems, connect dots, helps her to bring structure, process and simplicity to businesses.
She is extremely passionate about entrepreneurial journeys and hosts a podcast called Behind The Edit, where she facilitates honest and raw conversations between creative entrepreneurs.
Apart from her ability to create businesses, she is also an artist and has a natural ability to express her creativity. In 2009 she was appointed as the first female Nikon Premium Ambassador for Southern Africa, and her work has been featured in numerous national and international publications.
In 2010, she also co-founded The Pretty Blog, South Africa’s biggest niche digital publication for women, which won multiple awards and was acquired by The Apiary Group in 2019.
Come find her at The ABC’s: Authentic Business Conversations on August 6!
๐
Date: Tuesday morning 6 August 2024
โฐ Time: Registration 08:00 for 08:30
โฑ Event starts: 08:30 - Event ends: 12:30
๐ Location: Hawthorn Boutique Hotel, George
Ticket sales close 30 July! Get yours before they sell out!
LINK IN BIO.
#authenticbusinessconversations #doughgetters #beautifulbusiness #womeninbusiness #femaleentrepreneurship #femaleentrepreneurlife #onlineentrepreneur #entrepreneurinspiration #entrepreneursuccess #entrepreneurstyle #entrepreneursuccess #entrepreneurshiplifestyle #entrepreneurher #entrepreneurskills #entrepreneuradvice #entrepreneurwomen #entrepreneurcommunity #femalebusinessowners #femaleentrepreneurlifestyle #femaleentrepreneurjourney #femaleentrepreneurcoach #onlineentrepreneurs #onlineentrepreneurship #bossbusiness
Are you a woman in business in South Africa? ๐ฟ๐ฆ
Then you won’t want to miss us for an unforgettable morning of Authentic Business Conversations.
(sorry guys! only ladies this time!)
This event is designed to celebrate, connect, and inspire women in business.
It is more than just a networking opportunity; it’s a chance to engage in authentic conversations, learn from successful entrepreneurs, and gain insights that can transform your business journey. ๐ฅ๐
Come find us at The ABC’s: Authentic Business Conversations on August 6!
๐
Date: Tuesday morning 6 August 2024
โฐ Time: Registration 08:00 for 08:30
โฑ Event starts: 08:30 - Event ends: 12:30
๐ Location: Hawthorn Boutique Hotel, George
We still have TWO early bird tickets left! Grab them before it’s too late!
LINK IN BIO.
#authenticbusinessconversations #doughgetters #beautifulbusiness #womeninbusiness #femaleentrepreneurship #femaleentrepreneurlife #onlineentrepreneur #entrepreneurinspiration #entrepreneursuccess #entrepreneurstyle #entrepreneursuccess #entrepreneurshiplifestyle #entrepreneurher #entrepreneurskills #entrepreneuradvice #entrepreneurwomen #entrepreneurcommunity #femalebusinessowners #femaleentrepreneurlifestyle #femaleentrepreneurjourney #femaleentrepreneurcoach #onlineentrepreneurs #onlineentrepreneurship #bossbusiness
How does she do it all?
Come find out at The ABC’s: Authentic Business Conversations! hosted by DoughGetters and joined by many inspiring female entrepreneurs in South Africa ๐ฟ๐ฆ
๐
Date: Tuesday morning 6 August 2024
โฐ Time: Registration 08:00 for 08:30
โฑ Event starts: 08:30 - Event ends: 12:30
๐ Location: Hawthorn Boutique Hotel, George
โก๏ธ Ticket includes: a jam-packed agenda of quality keynotes, panel discussion, breakout sessions, networking, coffee, brunch canapes & a goodie bag to the value of R250
But guess what? We still have FIVE early bird tickets left! Grab them before it’s too late!
LINK IN BIO.
#doughgetters #beautifulbusiness #womeninbusiness #femaleentrepreneurship #femaleentrepreneurlife #onlineentrepreneur #entrepreneurinspiration #entrepreneursuccess #entrepreneurstyle #entrepreneursuccess #entrepreneurshiplifestyle #entrepreneurher #entrepreneurskills #entrepreneuradvice #entrepreneurwomen #entrepreneurcommunity #femalebusinessowners #femaleentrepreneurlifestyle #femaleentrepreneurjourney #femaleentrepreneurcoach #onlineentrepreneurs #onlineentrepreneurship #bossbusiness
**Psst... Exciting Announcement Coming Soon!**
Hey everyone! We've got something BIG in the works for all you incredible entrepreneurs out there. Stay tuned and watch this space for an announcement you won't want to miss! ๐
#xero #beautifulbusiness #authenticbusinessconversations #collaborations
We don’t know who needs to hear this but… TAX SEASON IS HERE! ๐ฐ
โก๏ธ For individuals (that don’t pay provisional tax) your income tax return for 2024 is due for submission between:
15 July 2024 - 31 October 2024
โก๏ธ For individuals who are provisional taxpayers your income tax return for 2024 is due for submission between:
15 July 2024 - 20 January 2025
โก๏ธ For provisional taxpayers, the 1st Provisional Tax return for 2025 is due on or before:
31 August 2024
If you need help with your tax submissions, comment TAX; we’ll gladly assist!
#SmallBusinessOwnership #FinancialHelp #SimplifyFinance #SmallBusinessOwnersClub #entrepreneurmindsets #SAentrepreneurs #SmallBusinessesMatter #BusinessOwnersLife #DoughgettersAccounting #AccountingFirm #AccountingServices #Accountants #FinancialManagement #BusinessAccounting #AccountingExperts #AccountingProfessionals #AccountingSoftware #FinancialConsultants #FinancialConsulting #Tax #TaxSubmissions #TaxSubmission #TaxSeason
Nifty (spelled normally) can be defined as being stylish or smart.
Nyfti (spelt the better way - @nyftibusiness ๐) can be defined as really stylish AND SMART app integration.
As accountants, we are grateful to be able to collaborate and connect with app integrators in the industry in order to grow our tech stack and automate our client’s workflows.
Thank you for breaking bread @marilielagrange with us @melissaduplooy01 & @willem_haarhoff - to many more authentic business conversations. ๐
Why not grow together? Agree/disagree - let us know in the comments. ๐ฅ
Speaking off… ๐ keep your eyes peeled for an announcement coming your way VERY soon. Something about women and conversation. Maybe you see what we’re getting at. ๐ค
#doughgetters #authenticbusinessconversations #beautifulbusiness #smartaccounting #collaborations #nyfti #appintegrations
@xero accounted for us all, numbers have been crunched, and the bread has been had ๐๐ฅ (see what we did there ๐)
Thank you to @xero for another great road show! Til next year! ๐ซก๐
#xero #xeroaccounting #beautifulbusiness
@melissaduplooy01 shares her reason for going back to @xero road show every year!
Her simple answer is: the PEOPLE! ๐คฉ
Why do you keep going every year? Comment down below!
#doughgetters #xero #xeroroadshow #beautifulbusiness #beautifulaccounting
Throwback to Team D’oH’s meet up in Cape Town! ๐คฉ
Team D’oh works remotely and mostly hang out in Teams Meetings, so when we get to meet in person, we are dough-over the moon excited! ๐
This is what went down:
โ๏ธ We strolled through the beautiful, historical suburb of Bo-Kaap
โ๏ธ We ate lunch at a traditional Cape Malay restaurant
โ๏ธ We participated in a team building exercise with @simonbhurry @xero’s offices
โ๏ธ We had an amazing lunch at @diestrandloper
โ๏ธ We posed in front of Table Mountain (because why not?!) @capetown.travel
Comment down below your favourite image of the trip!
Did we mention that we love @xero ๐
#DoughGetters #TeamDoH #SupportCrew #DoughGettersCrew #CloudBased #RemoteWorkers #FutureofWork #XeroAccounting #AccountingLife #CapeTown
It's high-five Friday! ๐
Share your financial win of the week in the comments.
Let's celebrate our successes together! Plus, for a cashflow tip, comment 'Cashflow' below!
#FinancialSuccess #FeelGoodFriday #CashFlowTrain #FinancialTips #FinancialManagement #SuccessTogether
Want to make your money work smarter in your business?
Here's how:
1๏ธโฃ Invest in growth opportunities
2๏ธโฃ Cut unnecessary expenses
3๏ธโฃ Utilise financial analytics for decisions
Swipe left for more tips! ๐ฐ
#DoughGettersSupport #SmartFinance #HumpDayTips #GrowthStrategy #DataDrivenDecisions #WorkSmarter
Ummm, that’s a write-off! ๐กโ๏ธ
As a business owner, knowing what you can deduct as tax write-offs is key to maximising your savings.
The answer? All business expenses! ๐ฐ
From office supplies to marketing costs, every rand spent on your business can potentially be deducted come tax season.
Want to get a handle on your tax deductions? Get in touch with us by rolling into our DMs! ๐
#DoughGettersSupport #TaxesTaxesTaxes #SMEs #CashFlowManagement #HealthyFinances #BusinessFinances #AccountingTips #Expenses #BalanceSheet #BalanceSheets #VAT #TaxDeductions #TaxDeduction
VAT does that mean? ๐ง Understanding your business finances is like mastering a new language. Let's break it down:
๐ Assets are everything that your business owns. They're the resources you have at your disposal to generate income. Assets can be tangible, like buildings and equipment, or intangible, like trademarks and patents.
๐ Liabilities are what your business owes to others. This can include loans, accounts payable, and salaries payable. As a business owner, it's crucial to manage your liabilities effectively to maintain healthy cash flow.
๐ Equity, often referred to as 'owner's equity', is the value of an owner's interest in the business. It's calculated by subtracting liabilities from assets. The resulting figure represents the net assets of the business.
๐ Income, or revenue, is the money your business earns from selling goods or services. It's the lifeline of your business and the primary source of your cash flow.
๐ Expenses are the costs incurred to generate income. They can be divided into two categories: operating expenses (like rent and salaries) and non-operating expenses (like interest on loans).
๐ A balance sheet is a financial statement that gives you a snapshot of your business's financial health at a specific point in time. It shows your assets, liabilities, and equity.
Ready to dive deeper into your business's financial health? Let's chat! Click the link in our bio to schedule a free consultation. Take control of your finances and supercharge your business today! ๐ช๐
#DoughGettersSupport #SMEs #CashFlowManagement #HealthyFinances #BusinessFinances #AccountingTips #Assets #AssetsOverLiabilities #AssetsvsLiabilities #Liabilities #Expenses #BalanceSheet #BalanceSheets #VAT
This week's financial goal: Boost your cash flow! ๐ช๐
How?
Evaluate expenses, chase up invoices, and plan ahead. Small steps for big gains!
Want a guide? Comment 'CASHFLOW' and we'll send you our top tips!
#DoughGettersSupport #SMEs #CashFlowManagement #HealthyFinances #BussinessFinances #AccountingTips #GoalSetting
Imagine a weekend without worrying about the books.
Yes, it's possible with us! ๐ฅ DM “Bookkeeping” for a complimentary call with one of our tax and bookkeeping experts. ๐
#DoughGetters #WeekendVibes #BookkeepingServices #BookkeepingService #BookkeepingSolutions #BookkeepingSupport #TaxSupport #BookkeepingUK #TaxesTaxesTaxes #SMMESA #SMME
How do you tackle Provisional Tax submissions? ๐
Honestly, you can do it yourself via SARS eFiling.
But, here's why considering tax support with DoughGetters could be a game-changer: We offer personalised tax planning, error checking, and strategic advice to optimise your tax position. ๐ธ
Plus, we handle all the paperwork and deadlines for you! Thinking about making tax time easier?
Comment 'TAX' for expert assistance. ๐
#TaxSolutions #SupportCrew #TaxManagement #ProvisionalTax #DoughGetters #TaxSeason #TaxTime #TaxConsultant #TaxTips #TaxHelp #TaxReturns #TaxStrategy #SARS #TaxesTaxesTaxes #BusinessTaxes #TaxSouthAfrica
Cheers to confidence in your numbers and a weekend of reflecting on those we love! ๐คฉ
#WeekendReady #DoughGetters #FinanceFriday #SMMESA #FinancialWellness #FeelGoodFridays #WeekendVibes #BookkeepingServices
๐ก Why bother with Provisional Tax and why choose DoughGetters?
Submitting provisional tax helps you manage your tax liability efficiently and avoid year-end surprises.
Working with DoughGetters means you get expert guidance, ensuring accuracy and compliance.
We help you plan effectively, potentially reducing your tax bill. ๐ฐ
This Valentine's season, let's make a date with your finances. Think of us as your financial Cupid, aiming to match you with the best tax strategies. Doesn't that sound like a match made in heaven? ๐
Drop 'TAX' in the comments! ๐
#TaxManagement #ProvisionalTax #DoughGetters #TaxSeason #TaxTime #TaxConsultant #TaxTips #TaxHelp #TaxReturns #TaxStrategy #SARS #TaxesTaxesTaxes #BusinessTaxes #TaxSouthAfrica
Getting through the week is hard enough. ๐คฏ
Let's not add tax burdens to it. Hit us up for stress-free tax compliance! ๐ธ
#DoughGetters #TaxTime #TaxConsultant #TaxTips #TaxHelp #TaxReturns #TaxStrategy
What is Provisional Tax?
It's a method of paying your tax liability in advance, to ensure that you don't have a large tax debt at the end of the tax year.
Think of it as paying tax as you earn. ๐ฐ
It's due twice a year in South Africa – end of August and end of February. ๐ฟ๐ฆ
๐ The next deadline is coming up on the 29th of February!
#ProvisionalTax #DoughGetters #TaxSeason #TaxTime #TaxConsultant #TaxTips #TaxHelp #TaxReturns #TaxStrategy #SARS #TaxesTaxesTaxes #BusinessTaxes #TaxSouthAfrica
Last week in Johannesburg wasn't just about meetings; it was about making meaningful connections and 'breaking bread' with inspiring individuals like Lornelle Jonas. ๐ฉ
Lornelle is an entrepreneur, accountant, founder, and MD at E'lique Advisory and the first female Xero Platinum Partner Firm in SA, Lornelle's journey is nothing short of inspiring.
At DoughGetters, we cherish these opportunities to collaborate with fellow accountants, embracing each chance to learn, share, and build together. It's how we ensure that we're not just part of the accounting industry but actively contributing to its evolution. ๐
Who is your inspiration in the entrepreneurial world? Tag them in the comments!
#DoughGetters #CloudAccounting #SMME #SMMESA #FinancialSuccess #EntrepreneurLifestyles #TeamWorkMakestheDreamWork
โฐ The February Provisional Tax deadline is baking in the oven! ๐
Are you ready? Submissions and payments are due on or before 29 February and submitting on time is crucial to avoid unnecessary penalties. ๐ฐ
Not sure how to proceed? Let DoughGetters guide you by commenting 'TAX' for further steps!
#ProvisionalTax #TaxSeason #TaxTime #TaxConsultant #TaxTips #TaxHelp #TaxReturns #TaxStrategy #DoughGetters #SARS
Who said accounting can't be fun? ๐ค
With DoughGetters, we get to dive into your numbers, so you get access to easy-to-understand insights, and watch your business grow.
It's time to enjoy the numbers game! ๐ฒ๐ฎ
#DoughGetters #SMMESA #FinancialWellness
At DoughGetters, we turn numbers into narratives. ๐
How?
By analysing your financial data to identify growth opportunities and streamline your expenses. Want to see how?
Swipe left! ๐
Ready to transform your finances? Comment 'STRATEGY' for a discovery call!
#DoughGetters #FinancialFreedomJourney #DoughGettersDifference #SMMESA #FinancialWellness #MidweekMotivation #BusinessGrowthStrategy #BusinessGrowthTips #BusinessGrowthStrategies #CashFlow101
While we thrive in the cloud, there's something irreplaceable about face-to-face meetings.
Willem and Melissa caught up with Conrad, one of our franchisees in Pretoria and this was a reminder of how much we 'knead' personal connections in our digital world. ๐
๐ฟ๐ฆ Our team, spread across South Africa, is united by more than just our love for artisan coffee & bread. We're a mix of corporate wisdom and entrepreneurial spirit, driven to empower SMME’s nationwide with digital accountancy solutions. ๐
If you're eager to see how we can optimise your accounting with our blend of expertise and passion, roll into our DMs!
#DoughGetters #CloudAccounting #SMME #SMMESA #FinancialSuccess #EntrepreneurLifestyles #TeamWorkMakestheDreamWork
Ever feel like running a business is a bit like juggling on a unicycle? ๐ดโ๏ธ
We get it.
Let’s take one ball out of that juggling act: your finances! ๐ธ
#DoughGetters #SmallBusinessStruggles #DoughGettersToTheRescue #SMME #SMMESA #FinancialSuccess #EntrepreneurLifestyles #StartupLifeStyle
Meet Riz – a franchisee and tax pro at DoughGetters ๐ฉ
Rizwana, fondly known as Riz, is a beacon of knowledge and expertise in the realm of taxation. Her deep understanding of South African tax legislation, combined with her keen interest in fintech, makes her an invaluable asset to our team and, more importantly, to our clients.
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A detailed grasp of the latest changes in tax laws, ensuring our clients are always compliant and ahead of the curve.
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A transformative approach to accounting, integrating cutting-edge technology to streamline processes and enhance efficiency.
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A particular knack for crypto accounting and tax, catering to the evolving needs of modern businesses.
Rizwana’s dedication to empowering SMEs with tailored tax solutions aligns perfectly with DoughGetters’ mission of fostering growth and financial health for businesses. ๐
Have tax concerns or need professional advice? Reach out for a consultation and experience firsthand the difference a seasoned professional like Riz can make to your business’s financial journey.
๐ง hello@doughgetters.co.za
๐ +27 72 422 9384
#DoughGetters #TaxProfessional #TaxConsultant #SMES #CryptoTaxes
Balancing the books while running a thriving business can get overwhelming for any business owner. But doughn’t worry! ๐
Outsourcing the financial operations of your business may relieve the constant worry and anxiety around keeping your books in balance.
Here's how outsourcing could benefit you:
๐ฉ Cut Costs: By cutting unnecessary costs and replacing full-time salary expenses with cost-effective, expert financial services can assist you in getting more value for less.
๐ฉ Boost Efficiency: When you outsource the financial department of your business there will be no idle time and no wasted resources. This ensures every penny spent is for work done.
๐ฉ Cultural Harmony: By outsourcing your financial department, you avoid having to run a whole financial department within your business. This helps you to avoid mismatches and stagnation in your team and allows the finance experts to handle specialist tasks.
๐ฉ Stay Current: In the rapidly changing world of finance, having a team on top of the latest trends and regulations is crucial!
So, is it time? Only you can decide. As you scale, ensuring financial efficiency and cost-effectiveness is crucial for sustainable growth.
#doughgetters #beautifulbusiness #accountingtips #accounting101 #cloudaccounting #businessgrowth #outsourceyourfinance #financialmanagement #accountingexperts #financeoutsourcing #sustainablegrowth #businessefficiency #businessstrategy #financialsuccess #financesolutions #businesswwnertips #outsourcingbenefits #SMEgrowth #accountingsolutions #SMEsSouthAfrica #cloudaccounting #cloudbasedsolutions #southafricacloudservices
There was a lot of work and a lot of rain, but our June was an ode to coffee! Thank you coffee!๐
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#doughgetters #doughgetterscrew #doughgettersaccounting #coffeetime #coffeeholic #coffeelife #accountinglife #accountantsofinstagram #accountantslife #southafrican #southafrica #southafricanbusiness #mathisfun
As Emmert Wolf wrote, "A man is only as good as his tools". โ
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Here are a few of our favourites automation tools:โ
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๐ฉ @Xero is our trusty accounting software that serves as the backbone of our operations. It saves our team valuable time by automating repetitive tasks and streamlining processes.โ
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๐ฉ @hellodext is a game-changer when it comes to handling receipts and expense management. Say goodbye to manual data entry and piles of paper! (Bonus? It integrates with Xero!)โ
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๐ฉ Cloud Bot works as our reconciliation robot (another Xero integration winner!). This intelligent tool automates the reconciliation process by accurately clicking the "OK" button within Xero where necessary. โ
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๐ฉ @use_loom is our go-to tool for effective and engaging client communication. Whether it's explaining complex financial concepts, providing software tutorials, or offering personalised guidance, Loom allows us to communicate clearly and concisely. โ
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What are some of yours?โ
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#doughgetters #accountingtools #accountingservices #toolsofthetrade #xero #loom #dext #accountantsofinstagram #toolsweuse #toolkit
AI: The buzzword on everybody’s lips.โ
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But it’s no secret that AI's impact on the accounting industry is expansive and transformative. It brings about an automation revolution, streamlining processes, enhancing research, and improving both accuracy and efficiencyโ
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Swipe for a few of our favourite ways that AI benefits and supports accounting.โ
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#doughgetters #AI #artificialintelligence #accountinglife #accountantsofinstagram #aibenefits #aiforbusiness #smallbusinessaccounting #accountingservices #bookkeepingservices
Just giving our fellow accountants a quick chuckle to celebrate the end of the week. ๐โ
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#doughgetters #accountantsofinstagram #accountinglife #taxcompliance #bookkeeperservices #accountingservices #accountantoninstagram #thataccountinglife #accountingjokes #insidejokes #wednesdayfunnies
A few kind words from a happy go-getter at Inkazimulo Printing. Thank you Themba, your success is our success! ๐โ
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#doughgetters #doughgetterscrew #kindwords #clienttestimonial #customerservice #accountantsofinstagram #accountinglife #accountingwin
Say ‘hello’ to the OG DoughGetters franchisee, Michiel Claassen, who joined our crew back in 2018.โ
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Michiel is an outdoor fanatic, and does trail running, mountain biking and recently completed his NAUI advanced diving in the icy Simons Town waters!โ
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“I love working with business owners as I come from a family who are business owners. Grandma and mom had shops, brother in fruit industry. It might sound like a cliche but I really do believe small businesses are the back bone of our economy. I love getting involved client’s business and help then succeed.”โ
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Travelling and bird watching are also big passions for Michiel. But the love of his life is his wife and Rafiki and Zara, their (very cute) dogs.โ
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We’re lucky to have you on our crew, Michiel!โ
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#doughgetters #doughgetterscrew #accountantsofinstagram #accountants #accountantlife #accountingservices #bookkeeper #bookkeepingservices #bookkeeperlife
Ready to make your financial management smoother than a well-kneaded dough? Here are three quick and easy tips to get the most out of your Xero software and take the strain out of your accounting.โ
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๐ฉ Reconcile Regularly: One of the major advantages of Xero is its ability to synchronise with your bank accounts in real time. Regularly reconciling your transactions ensures your financial records are always up to date, giving you an accurate picture of your cash flow.โ
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๐ฉ Maximise the Use of the Dashboard: The Xero dashboard provides a snapshot of your financial situation at a glance. Customise your dashboard to show the most relevant financial reports and data to you, including bank balances, outstanding invoices, upcoming bills and expense claims.โ
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๐ฉ Utilise the Mobile App: For business owners on the move, the Xero mobile app is a lifesaver. You can send invoices, reconcile transactions, and even capture expenses right from your smartphone. This makes managing your finances convenient, even when you're out and about.โ
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Remember, mastering Xero is like perfecting a recipe - it takes a bit of practice. But once you've got the hang of it, you'll wonder how you ever managed without it! โ
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Stay tuned for more tips to help you rise to the challenge of small business accounting! ๐โ
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#doughgetters #xero #xeroaccounting #beautifulbusiness #accountingtips #accounting101 #bookkeepingtips #cloudaccounting
Imagine your business starts off small, and you're only managing a few different expenses, a couple of revenue streams, and some basic tax considerations. Something you can comfortably handle, right?โ
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Now, picture your business suddenly expanding - the increased sales and revenues are great, but they also bring about more complexities.โ
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More sales often mean increased operational expenses, like purchasing more stock or hiring more staff. Multiple revenue streams can complicate how you track incoming money, and larger revenues can potentially move you into a higher tax bracket, which could mean new tax implications to consider.โ
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If your business is not prepared to manage this rapid growth, you might find your financial management becoming overwhelming, much like a sudden crowd in a quiet doughnut shop. โ
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That's why planning for growth is important and why getting professional accounting help might be necessary as your business expands. Our expert team will handle your bookkeeping, tax preparation, and financial reporting, so you can focus on what you do best – growing your business and pursuing your passions! โ
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Let's take a bite out of those overwhelming financial tasks together! ๐โ
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Photo credit: @jacquesmaraisphotoโ
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#doughgetters #doughgetterscrew #smallbusinessaccounting #accountingservices #smallbusinesssupport #smallbusinesssouthafrica #southafricansmallbusiness #accountingsolutions #bookkeepingservices
Understanding your finances is a key ingredient in your business's recipe for success. Start with these three crucial financial statements: the Balance Sheet, Income Statement, and Cash Flow Statement. โ
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These reports serve up a comprehensive view of your company's financial health, giving you the insights needed to make well-informed decisions. โ
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Remember, you're not alone in this – Doughgetters is here to help you make sense of these statements and knead them into your strategic plans. ๐โ
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#doughgetters #doughgetterscrew #incomestatement #cashflow #balancesheet #accountantsofinstagram #accountingza #smallbiztips #smallbusinesstips #smallbusinessaccounting #accountingservices #bookkeepingservices
As you navigate the financial landscape of your business, you'll come across various accounting terms that may seem like a foreign language at first. โ
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But don't let that put you off! Understanding these terms is key to managing your business finances effectively. โ
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Swipe left and let's break down some of the most common accounting terms that every business owner should know. ๐๐ปโ
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#doughgetters #doughgetterscrew #accounting #accounting101 #VAT #southafricansmallbusiness #smallbusinessza #accountantsofinstagram #accountingterms ##accountingtips
Today we’re sharing 7 questions you should be asking your accountant to ensure they're the right fit for your business, and can guide you towards financial success.โ
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1. How often do we touch base?โ
2. Do you keep me posted on crucial tax deadlines well in advance?โ
3. Are you tech-savvy?โ
4. What's your pricing strategy?โ
5. Do you invest in continuous learning?โ
6. How do you keep up with tax law changes?โ
7. Will you always agree with me?โ
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The people you choose to surround yourself with to guide your mission of growing a prosperous business are pivotal. Selecting your battles wisely, knowing which tasks to outsource, and having the right support crew will shape your future. Whether it’s us, or any other accountants, now you have some questions to guide you on your quest!โ
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#doughgetters #doughgetterscrew #accountants #accountantsofinstagram #accountingquestions #accounting101 #smallbusinessaccounting #smallbusinesstips #smallbusinesssupport #smallbusinessza #southafricanbusiness #smallbizsupport #smallbiztips
While we all dream of a world where every customer pays on time, it's not always the reality. But ‘doughn’t’ worry, we’ve got you covered with our steps on how to manage these challenges effectively, keeping your business' cash flow healthy!โ
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๐ฉ Set Clear Payment Terms: The first step in combating late payments is prevention. Clearly outline your payment terms on every invoice you send. Make sure your customers know exactly when payment is due and what methods of payment are accepted.โ
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๐ฉ Automate Invoice Reminders: Make use of digital invoicing and accounting software to set up automatic reminders for upcoming and overdue invoices. This will save you time and increase your chances of being paid promptly.โ
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๐ฉ Follow Up: If a payment is late, don’t hesitate to follow up with a polite reminder. A simple email or phone call can often prompt customers to pay.โ
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๐ฉ Consider Late Payment Charges: While it might seem harsh, a late payment fee can be a deterrent for chronic late payers. Be sure to clearly state any late payment penalties in your terms and conditions.โ
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๐ฉ Offer Payment Plans: For clients struggling with financial difficulties, consider offering a payment plan. This allows them to pay off the invoice over time and ensures you still receive your money, albeit slower.โ
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Remember, prevention is better than cure. Implementing a robust invoicing system and fostering good relationships with customers can greatly reduce the occurrence of late payments. With the right strategies in place, you can keep your cash flowing and your business growing!โ
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#doughgetters #doughgetterscrew #smallbusinessaccounting #accountingtips #smallbusinesstips #smallbiztips #accounting101 #southafricanbusiness #accountantsofinstagram #accountingservices #bookkeepingservices #bookkeepertips
