Business Unboxed

This episode explores some different areas of Finance and Accounting and whether or not I believe AI will fully take them over or just aid Finance and Accounting teams.

We have seen a huge increase in the use of AI over the past 10 years and so looking 10-20 years in the future what will the Finance and Accounting side of Business look like? Listen to hear my take on it!

In this episode of Business Unboxed, we finish our three-part series on Business Budgeting.

Part three covers Forecasting, Sensitivity Analysis, Reporting and Dashboards, which are all covered from a high level.

If you wish to learn more about any of these topics let me know and I can plan to do a full episode, otherwise, there should be plenty of resources online on YouTube or google that can show you examples and more information so you can get started implementing these into your business routine.

Thanks for listening

This is a follow on episode from the Introduction to Business Budgeting pt 1 , so if you havent listened to that one first I suggest you go and listen to that then come back and listen to this one, where we go more indepth to the different types of budgets, what the advantages and disadvantages are and when you might use them.

This is part one of a three-part series on how you can master your business budgeting. This episode is an introduction to business budgeting which covers, the importance of creating a budget and how budgets aren't just this annual financial task but that they form part of your business performance strategy and are important if you want your business to succeed. We also cover internal and external factors that should be considered when creating a budget and a high-level look at the different types of budgets.

Thank you for listening, I hope you have learnt something from this episode!

Part 2 coming 17th March!

Welcome to another episode of Business Unboxed. This episode discusses the different options of what a 4-day work week could look like, whether or not the results of the 4-day work week are positive, and whether or not I think the 4-day work week is something you should be prepared to see in the future as the new standard working week and everyone can ditch the 5 day, 40-hour standard week.

I hope you enjoy this episode, please let me know by answering the poll if you are listening on Spotify as to whether or not you have experienced a 4 day work week and enjoyed it.

In this episode of Business Unboxed, we delve into the world of integrated reporting, a strategic approach that goes beyond traditional financial reporting to provide a comprehensive view of an organization's value-creation process. Join us as we unravel the concept of integrated reporting and explore the six capitals that play a pivotal role in this framework.

These capitals, namely financial, manufactured, intellectual, human, social and relationship, and natural, collectively represent the resources and relationships that organizations rely on to thrive in today's complex business landscape.

Discover how integrated reporting fosters transparency, accountability, and sustainability by considering not just financial capital, but also the environmental, social, and human aspects of business.

Thanks for listening!

Today, I wanted to cover the very important topic of bottlenecks! Something that almost every business owner will be dealing with. In this episode, I cover what a bottleneck is, why we need to keep an eye out for them, and how we can go about fixing them. No one wants their team to deal with unnecessary stress or fall behind and start not meeting deadlines, if you want to help your team; get the notepad ready for some helpful tips on breaking the bottleneck.

Welcome back to the podcast! This is the first episode of 2024 and from the new podcast Business Unboxed.

Whether you want to improve efficiency, find a problem in your business, or want to better understand what is going on... process flows are for you! They are a great way to visualise what is happening in a certain process, helping you change and make better decisions to help your business succeed.

In this episode, we provide essential insights into the world of invoicing and debt collection, focusing on optimizing your cash flow and ensuring timely payments. Before onboarding new customers, we emphasize the importance of conducting background checks and contacting reference companies to establish their credibility.

Our discussion revolves around creating clear and concise invoices, including payment terms, due dates, and comprehensive details of the transaction. Emphasizing the significance of prompt invoicing, we highlight the ideal timing of sending invoices within five working days of the month-end. Additionally, we stress the need for accurate contact information, such as email addresses and phone numbers, to facilitate effective communication.

When a payment deadline passes without payment, we outline the necessary steps for effective debt collection. This involves sending reminder notices and actively addressing any issues or obstacles that may have hindered payment. We also explore the importance of following up with debtors through phone calls and emails, ensuring the receipt of invoices and identifying any potential errors or delays in the payment process.

If all attempts to secure payment prove futile, we discuss the appropriate actions to take, including informing debtors of the potential legal consequences of non-payment. Moreover, we touch on the option of engaging professional debt collection services or working collaboratively with debtors to establish feasible payment plans.

Join us for this insightful episode to gain practical tips and best practices for streamlining your invoicing processes and navigating the complexities of debt collection, ultimately ensuring a healthy and steady cash flow for your business.

Embarking on the entrepreneurial path? Join us in this episode as we unveil the ten vital things you must know when starting a business. From market research and financial management to legal requirements and marketing strategies, we've got you covered. We discuss the importance of a business plan, securing funding, building customer relationships, and fostering a strong team. Stay ahead of the curve with continuous learning and adaptability. Tune in and gain essential insights for a successful business launch.

Link to Phoenix Rogue if you need branding and packaging design

https://www.phoenixrogue.com

Thanks for listening to the Better Business Podcast by Core Management Consulting

In this episode, we cover 15 accounting terms like Assets, Liabilities, Balance Sheet, etc, and what they mean. These have been taken from the Harvard business school website if you prefer or need to read these terms they are easy for you to find in one place while we work on getting our website up and running.

Link below:

https://online.hbs.edu/blog/post/finance-for-non-finance-professionals-finance-terms-to-know

Please let me know if you want me to do an episode on ROI, ROA, Liquidity ratios, etc in a new and refreshed version of my analyzing financial statements episode by leaving feedback through Spotify.

Thank you and enjoy!

In this episode, I cover 10 ways to keep your business safer from fraud and cyber risks, I cover things like approval processes, verifying bank accounts, and employee training so that your business can be safer and not fall victim to some common scams we are seeing at the moment.

I hope you learnt something from this episode and enjoyed listening

Understanding how your business is performing can be a tough thing to measure if you don't know where to start, that is where this episode comes in, I take you through the 6 step process in order to evaluate your business performance which includes: Designing your strategy, Setting goals & KPIs, Communicating your strategy, Implementing your KPI's and setting KPI targets, creating dashboards and evaluating your performance and how to close performance gaps.

Please rate and review and if listening on Spotify please answer the Q&A question.

I hope you have learnt something from this episode and look forward to making your business's performance better going forward.

Thanks for listening!!

Welcome back to another episode of CORE. management consulting podcast. In today's episode, we delve into the importance of design and branding for businesses, and what that process looks like.

We are joined by Cory a well-respected and highly recommended designer who is the Owner and Designer of Phoenix Rogue. He shares his story into Graphic design and starting his own design studio.

Whether you're a small business owner, a marketer, or just someone interested in the world of design, this episode is packed with valuable information and insights that you won't want to miss. 

If you want to get in touch with Cory we have his details linked below

https://www.phoenixrogue.com/

https://www.facebook.com/corycarr.phoenixrogue

https://www.linkedin.com/in/coryicarr/

This episode is all about the things to make sure you remember when you want to change any software in your business. If you forget to focus on the problem you are trying to fix and what success will look like then you might end up with the incorrect software solution which will just cause more problems and money in the long run. In this episode, I talk through 9 different points to make sure you remember when looking to change a process and either upgrade or change any software process in your business.  please also review and ask any questions, I'm here to help you make smarter business decisions to help save your business time and money.

Learn how to improve your workplace processes in 7 easy to understand and follow steps. 

Hi, I'm Kelly a Management Accountant by day and a Consultant and Podcaster by night. I love to help people improve their businesses. This episode is going through the 7 steps to process improvement which are 

1. Map out your process

2. Analyse your process

3. Redesign the process

4. Test the process

5. Communicate the changes

6. Implement the new process

7. Review and Opimise  

These 7 steps can be used across a wide range of business processes from AP/AR in Accounting, to how to process a sale, Onboarding new clients etc 

Please let me know what you think of this podcast by rating and reviewing and if you are listening on spodify then please interact with the polls and questions on the episode. 

I hope you have enjoyed and learned from this episode 

This episode starts season two of the podcast off with a discussion of the pros & cons of a number of accounting and other software that I have used in the past or currently using. I let you know what I like and dislike about each of these and why. I then discuss some other software projects that I am a part of at the moment that I will be bringing you along the journey of.  

Please rate and review this podcast and if you are listening on Spotify then please use the Q&A section to let me know what you think about the episode, if you have questions you have to ask me or if you have any suggestions for what you would like me to talk about in a future episode. 

As always thank you for listening, I hope you have enjoyed

This episode is all about new employees, and my 8 best tips on training. We cover process notes, feedback, goals, culture, and working as a team. 

8 Tips for training a new employee, whether your a manager or just a team member who will be helping a new employee or if you are a new employee. 

Make sure to please leave feedback, and thanks for listening! 

In this episode, I introduce some basic risk ideas for business owners to be aware of. Hope you enjoy

Tips and helpful suggestions that I have come across in my years of working. 

These helpful tips will help your internal processes as well as create a better working relationship with other stakeholders. 

If there is one thing you should take from this it's that businesses need to work together because not having the correct processes for your business does affect the businesses you work with and I want all businesses to succeed. 

I use a lot of Microsoft programs in my job and many office workers know that many of the Microsoft 365 programs are easy to use and perfect for creating cashflow trackers, month-end templates, and many other helpful business reports and analysis tools. Use the link below to not only shop the Microsoft software solutions but you can also check out their computer and other tech solutions as well. 

https://click.linktrack.co.nz/238TQ74/2CTPL1/

I hope you enjoyed this episode

In this episode you will get some helpful tips for creating a sustainable business.  

It includes what being sustainable means, and the areas in the business that you can look at to be sustainable. 

A helpful website for trying to be more sustainable is eco warehouse shop for eco personal, household, and office supplies using the below link.

https://ecowarehouse.nz/?oid=13&affid=667

I hope you enjoy this episode and your eco warehouse shopping experience. 

Ready to start purposeful goal setting that you actually achieve? Then this is the podcast episode for you. 

Follow the three steps in this episode to get you closer to achieving your goals.

Many business owners think that the only way to fix overworked employees is to hire more, but this in fact should be the last thing you look at doing if you want to make your business run more efficiently. In this podcast you will hear about the 3 steps that you need to take/look at in order to fix this problem and doing this can save your business money in the long run.  

In this episode, I discuss a wider way of analyzing your financial statements and getting a greater understanding of how your business is operating. 

Thanks for listening and make sure to leave me feedback.

In this episode I discuss the different types of expenses, including people, plant property & equipment, and compliance costs and planning your funds to enable the correct expenditure at the right time. 

Thanks for listening and make sure to leave me feedback.

In this episode I discuss the six most common stakeholders in your business, why they are important, and the impact they have on your business. Who is the most important one, and the difference between your stakeholders and shareholders? 

Thanks for listening and make sure to leave me feedback.

In this episode I discuss some Financial analysis ratios like the current ratio, gross profit ratio & return on assets to give you an understanding of how they are calculated and what they mean. Also for NZers go have a look at the business performance benchmarker on the stats website to see if your figures match or are similar to your industry standards. 

Thanks for listening and make sure to leave me feedback.

In this episode I discuss the 4M Checklist which is an improvement method used by many. The 4M's are Man, Machine, Material & Method, which I discuss in this episode to help give you ideas for ways to improve the overall functioning of your business. 

In this episode I discuss the importance of budgeting and forecasting your business' expenses, how to create a budget, and some important things to include. You should also check out my episodes on ways to increase sales and tips for improving business profits if you find your budgets aren't what they should be. 

Thanks for listening and make sure to leave me feedback. 

In this episode I discuss a different perspective on business culture and the different aspects that link with a business culture that are important in business performance and objectives. 

On this episode I discuss the four different options for change. These are to change yourself, change the situation, leave the situation and to do nothing. When you're in any situation, you need to remember that you have these four options and work through them, to see which option will best suite. 

On this episode I discuss three different business planning techniques. From vision to implementation, SWOT analysis and the question cycle. These techniques are not only for new business owners or people thinking of starting a business, they are also important techniques to revisit during business ownership or management.  

Hello,

Thank You for listening, in this week's episode I wanted to extend on last week's episode of increasing sales, but discussing the opposite way to increase you profit which is by decreasing your expenses. 

Hello, thanks for listening! 

Today's episode is me discussing different ways to increase sales and a brief overview of the sales journey. If you own a business and are looking for ways to expand your sales, then this episode is for you. And as always I will create a facebook/instagram post on the topic as well as a blog post on my website.

Hello and thank you for taking the time to tune into this week's podcast episode. 

This one is all about the benefits of working with and hiring a consultant, so if you are thinking about hiring one or working with one, then you have come to the right place to hear the benefits you get when you work with a consultant. 

Thanks for listening!

Hello and welcome to another episode of Core, this episode is all about work life balance. I discuss the importance and the effects if its not present. I then talk about a few different ways that you can implement a better work like balance culture in your business. 

Hope you enjoy and get some valuable information out of this episode. 

This episode is all about Herzbergs two-factor motivation theory. I discuss the hygiene factors, when not present cause employee dissatisfaction. Motivation factors, when these are present the employee is more likely to be motivated and put in the extra.

Business Culture, what is it, some of the different types, tips and why is it important. Through my study and personal experiences, I have come to the conclusion that culture is one of the important parts of having a successful business.

Hello,This is just a quick episode with some tips on how to help new employees settle into their new place of work.

Hello, and welcome to another episode of the podcast!! A few things that employers may forget to mention when interviewing, so this is your reminder.