Blog Posts by David

The Rule of Three

Looking back through blogs I have written in the past and recently being reminded of the rule of three I thought it appropriate to revisit this view. I recall reading two articles in relation to how to perform better in business. Both these articles listed 7 techniques/attitudes each to assist you in performing better in […] Read More

5 Life Lessons for Business Success

I have always believed that the principles that you apply in one activity can be applied in another. This certainly can be the case with sport and business.  I read a blog (HybridBizAdvisors) that states that sport has a way of teaching us valuable life lessons. As we grow up participating in sporting activities as […] Read More

Why is my tax refund so small this year?

The tax refund many Australians expect has dramatically reduced. We show you why. There is a psychology to tax refunds that successive Governments have been reticent to tamper with. As a nation, Australia relies heavily on personal and corporate income tax, with personal income tax including taxes on capital gains representing 40% of revenue compared […] Read More

Five Tips for Bringing in More Business

A business has to take stock of its growth and retention strategies as much as it has to monitor its inventory. It does not have to be an overwhelming task. Here are five simple ways you can begin to bring in more business and improve your existing business:

FISH!

Some time ago I posted a blog titled ‘FISH’. I thought it appropriate that this be revisited after the challenging couple of years that we have recently had. FISH! You may ask what the #!$@ do fish have to do with an accounting firm? Fish is in fact the name of a best selling business […] Read More

Financial Literacy

Recently I read a great post on Facebook by Ric Payne in relation to financial literacy. Ric mentions that he was talking to a friend and that they were looking at buying a rug. The retailer was offering interest free terms, however there was a small monthly fee of $8.95, hardly $2 per week. The […] Read More

Seven Habits of Highly Effective People – Stephen T Covey.

There is a saying, ‘perception is reality’ and in Stephen T Covey’s book ‘The 7 Habits of Highly Effective People’, it is Coveys belief that the way we see the world is entirely based upon our own perceptions. Therefore, to change a given situation we need to change ourselves and our perceptions. Below is a […] Read More

3 Tips to Avoid Burnout From Working From Home.

I was reflecting on sitting at home at the weekend, which I spent in isolation, other than doing a bit of shopping. I did the usual things: a bit of work from home both Saturday and Sunday and went outside when it wasn’t raining – all in all nothing too exciting. I made a comment […] Read More

Business Support Fund

All of us from the Green Taylor Partners trust that everyone is staying safe and healthy in these interesting times. There has been a lot of incentives to assist businesses which you would have no doubt seen through the media as well as being updated from our team here at Green Taylor Partners. One which […] Read More

Business Strategies to assist your business

We are in interesting times that we may personally not have experienced previously, but as a Country we have been tested many times and survived. These current challenges will no doubt put added pressure not only on yourself but also in the way you operate your business. For businesses to prepare and combat the effects […] Read More

New Year New Goals

With another year behind us and a new one just beginning we all start the year in anticipation of it being a great year. Some of us will make New Year’s resolutions such as: – grow my business, lose weight, spend more time with the family, work less and or make more money. (Some resolutions […] Read More

The Hedgehog Concept

Keeping with my theme of blogs; Fish, Eat the Frog, Sacred Cows, and Mice in Who Moved My Cheese, I thought it appropriate to discuss the “The Hedgehog Concept”. For those of you that have read “Good to Great’ written by Jim Collins, you will be aware of this concept. It refers to the tale […] Read More

Advantages of Forecasting

Financial forecasts are future predictions of your business finances, as compared to statements, which provide details of actual results of progress, They can assist in managing your finances. The following are five ways forecasting can help your business: Focus on the Future By forecasting on a regular basis, it forces you to continually think about […] Read More

Goal Setting

As we get closer to the end of another year and the beginning of a new year, we all tend to set ourselves goals for the forthcoming year. It is interesting that research shows that happiness is strongly linked to success. So it goes to say that once successful you will become happy and content. […] Read More

FISH!

FISH! You may ask what the #!$@ do fish have to do with an accounting firm? Fish is in fact the name of a best selling business book – by Stephen C Lundin Ph.D, Harry Paul and John Christensen – a powerful parable that will help you love the work you do – even if […] Read More

The Rule of Three

Looking back through blogs I have written in the past and recently being reminded of the rule of three, I thought it appropriate to revisit this view. I recall reading two articles in relation to how to perform better in business. Both articles listed 7 techniques/attitudes each to assist you in performing better in your […] Read More

Secrets to get you on the path to profit

Just read a great blog on the 3 tips to get you on the path to profit.  I must say that it is interesting that it referred to 3 tips. I remember attending a session and there was an ex US Marine presenting. He referred to the rule of three.  That is we cannot concentrate […] Read More

Eat that Frog

“Eat that Frog”. Eat the what I hear you say. As you are all aware, at Green Taylor Partners we try and be as proactive as we can for our clients. Part of this is doing additional reading which not only includes compliance related information, but ways that we can generally assist our clients. Whilst […] Read More

New Payments Platform

Having recently attended a technology showcase for accountants I learnt of a new payments platform (NPP) that they are expecting to roll out in the early part of 2018. The NPP will allow for the transfer from bank account to another account in real-time, rather than waiting for the funds to be cleared over a […] Read More

Sacred Cows

Having recently read an article on Sacred Cows I thought it worthwhile sharing. The article began with a story about a US Army General watching his UK equivalent arrange the firing of a large cannon. The US General noticed the British used one extra soldier in this process. When questioned, the British General responded that […] Read More

Look For Solutions, Not Just Problems

I remember attending a seminar and as we walked in noticing a power point slide on the screen. There was three lines; Those who say it can’t happen Those that say it can happen Those that make it happen.    Look For Solutions, Not Just Problems Problems (or challenges, as they should be called in some […] Read More

Quiet Time is Opportunity Time

For many small businesses, January can be generally slower than other months. This is a great time to take a holiday or spend some extra time with family and friends. But it also gives rise for great opportunity to plan, organise or take on a new project. You may look at re-evaluating your goals and re-set your […] Read More

Getting it right the first time

Like with anything we all try very hard to get things done correctly. However mistakes happen, after all, we are only human. As business owners we strive to keep our customers happy so if we make an error, we do all we can to correct it. This in most instances means that we have to […] Read More

What can we learn from the Tourist Industry

No doubt like a lot of our accountants at Green Taylor Partners I too take a keen interest on how things are done with other businesses and farming practices even whilst on holidays. Recently whilst holidaying I was intrigued in the way some of the tourist industry looked at ways to obtain the extra holiday […] Read More

Repeat customers

I was reading an interesting article recently titled “Dentists revenue jumps with one simple process change”. The article was referring to ‘getting your customers to come back more often’. This is just one of four ways to grow your business. Apparently you should visit your pain free dentist every 6 months. Whilst in the article […] Read More

Boost Juice founder Janine Allis and David Bowie

I came across a great article the other day from Smart Company which I thought was worth sharing. Boost Juice founder Janine Allis talked about four things that she learnt from her experience of working on David Bowie’s yacht when she was only 21. 1. The importance of hard work Janine says the two years […] Read More

Work smarter, not harder

If you’re a small business owner, time can be your best friend and also your worst enemy. Every single day needs to be productive and what you do first thing in the morning can influence your productivity for the rest of the day. Try and hit the ground running every day of the week by […] Read More

Who Moved My Cheese?

With many situations we understand that at times there is the need for change even though we may want to resist. However, just because we understand this, doesn’t necessarily make it any easier. The burning question then is how we make change as painless as possible and a positive experience for ourselves and those involved. […] Read More

Are You Ready for SuperStream?

The SuperStream program is the first major foray by the Australian Tax Office into the digital future. SuperStream represents changes to the way superannuation is processed and, for many employers, it will be their first venture into the world of automated processing. What is SuperStream? These changes have been brought in by the ATO to […] Read More

It’s NO for now, not NO forever

Recently I attended a conference that concentrated on ways to assist our business clients. One of the guest speakers was a lady by the name of Carolyn Creswell. Carolyn was the recipient of the 2012 Telstra Australia Business Woman of the Year, founder of Carmans (Muesli Bars), the business was named one of BRW’s Fastest […] Read More

Sacred Cows

As I was typing the heading of this article, I realised that I must have a thing about animals and blogs. I have now discussed Fish, Eating a Frog, now I am discussing cows and even mice. Having recently read an article on Sacred Cows I thought it worthwhile sharing. The article began with a […] Read More

Are sales the key to a successful business?

Just read an interesting article in relation to small business and sales. There is a common belief that if sales grow, so will the business. Therefore revenue growth tends to be on the top of the list of priorities for a lot of small businesses. Whilst I do agree that revenue growth is very important, […] Read More

GTP Website Resources

Several weeks ago Matt Richardson wrote a blog titled “Some basic tips for school leavers“. With this in mind I thought it appropriate to remind all our clients (not just our younger ones) of the fantastic tools we have on our web page! First step Type www.greentaylor.com.au into your Web Browser (that’s at the top left of the […] Read More

The Rule of Three

As it is nearly the end of the financial year I am sure we all have our tax planning well and truly under control. Hence my blog this week will not mention anything about tax. I recently received two articles via electronic media in relation to how to perform better in business. Both these articles […] Read More

Can Your Business Culture Make a Difference?

You may recall how I expressed my disappointment in a blog with customer service in a store some twelve months ago. The perceived indifference we experienced at the cash register was one that we did not want to experience ever again. Well what a difference 12 months can make.  With new owners of the business […] Read More

What’s your New Year’s Resolution?

With another year behind us and a new one just beginning we all begin the year in anticipation of it being better than the last. Some of us will even make “New Year’s Resolutions” such as: – lose weight, spend more time with the family, work less and or make more money. (Some resolutions are […] Read More

5 Life Lessons for Business Success

I have always believed that the principals that you apply in one activity can be applied in another. This certainly can be the case with sport and business. Just recently I read a blog (HybridBizAdvisors) which states that sport has a way of teaching us valuable life lessons. As we grow up participating in sporting […] Read More

Macca’s: The Empire built on Systems

An interesting comment by a Facebook friend about their recent bad experience at a McDonald’s store got me thinking. From an early age we have been conditioned to expect every McDonald’s store to be the same. From the food on the menu, to uniforms, to cleanliness, to the “would you like fries with that” question […] Read More

5 ways to get paid quicker!

We often hear businesses making comments about slow paying customers. No matter how well you serve them or how good your business performs, some simply take their time paying you. Here are 5 ways to assist in getting paid quicker: Invoice the customer as soon as the service or product is supplied and ask for […] Read More

The WHY: The Importance of explaining WHY you are in business

Sometimes if someone is having a bad day we hear the comment, “why are we in business?” Whilst this comment is sometimes bought out of frustration it is possibly one of the most important questions one should ask of themselves. Not only should business owners ask this question but they should also ask this of […] Read More

6 Easy Stress Management Strategies

We all at some stage in life feel a little stressed. We can all have too much on our plate, feel the pressure of other’s counting on us and the small things can sometimes appear to be a mountain. This is simply a reality of life in today’s busy modern times. At this time of […] Read More

3 secrets to get you on the path to Profit!

I’ve just read a blog on the 3 secrets to get you on the path to profit and thought I’d share these secrets with you. As we are reminded regularly, approximately 80% of small businesses fail in the first 12 months of going into business. And a fair proportion of those fail in the next […] Read More

“Eat that Frog” to beat Procrastination!

“Eat that Frog!!!” Eat the what?!?! I hear you say. As you are all aware, at Green Taylor Partners we aim to be as proactive as we can for our clients. Part of this is doing additional reading which not only includes compliance related information, but ways that we can generally assist our clients. Whilst […] Read More

The Information Age: Friend or Foe?

Albert Einstein once said “a little knowledge is a dangerous thing“. In today’s technological world it’s not only how much online information there is available and how quickly you can find it but also distinguishing the correct information from the incorrect. Just recently a client rang with two questions, whilst I knew the answer to […] Read More

Customer Service; What a difference it can make

Christmas is a great time of year… the weather is getting warmer, people are enjoying a well deserved break, kids have school holidays and, of course, the giving of gifts. Obviously most of these gifts are purchased from local stores so it is a great opportunity for our small businesses in the region to show […] Read More

Fish! A powerful parable that will help you love the work you do!

FISH! You may ask what the #!$@ do fish have to do with an accounting firm? Fish is in fact the name of a best selling business book – by Stephen C Lundin Ph.D, Harry Paul and John Christensen – a powerful parable that will help you love the work you do – even if you […] Read More

Goal Setting & Happiness

After sitting in on an interesting webinar conducted by Ric Payne of Principa, I felt compelled to share it with you. The webinar was titled “A Goal Setting Workshop” and described how research has shown that happiness is strongly linked to success. Therefore once you are successful you will become happy and content. Everyone though […] Read More