In a world where we can communicate without speaking, send coordinates of where we are at the drop of a pin, find something that’s lost by pinging it … it’s no wonder we were going to evolve to ensure we had what we wanted to buy long before we had to pay for it, without the upfront commitment of interest like a credit card arrangement … enter Afterpay…..

After working with business owners for over 20 years now, it still surprises me how many don’t even know of the hidden gems that can be found in the financial information in their business.  You see, financial information goes well beyond just understanding whether you have made a sale.  The “slap in the face” truth of it is that sales information is generally historic by the time a business owner sees it or is made aware of it, it’s happened, it’s done.  And for some, it’s the only financial reporting they care enough to focus on.

One of the first things I ask any business owner when I work with them is how clean is your data.  Often perplexed by this question I find myself explaining what clean data is. And put simply clean data is accurate and timely financial data, with the focus of having it clean enough to work with and use it for good.  Whether we are relying on someone else to prepare our financial information, or whether we are doing it ourselves, getting our data accurate in the system in a timely manner to make business decisions is imperative.  And should be top of your list when working with your numbers.