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How to monitor the health of your childcare business

By |2022-08-12T10:07:53+12:00August 12th, 2022|Business Advice, Cash and Cashflow, Childcare, Strategy|

As childcare owners ourselves, we truly understand the challenge of mastering that fine balance between quality education and centre profitability. In this blog, we discuss some  financial metrics and key performance indicators (KPI's) to track in your childcare business. Successfully navigating the course of your childcare business and making sure

Which KPIs will help monitor the health of your business?

By |2022-07-05T12:48:51+12:00August 11th, 2022|Business Advice, Cash and Cashflow, Strategy|

Do you know which metrics and key performance indicators (KPIs) to track in your business? Pathfinder Solutions are here to help you identify and set up a customised KPI dashboard to manage your company's future path. Successfully navigating the course of your business and making sure it's profitable is a crucial best

Want to attract and retain talent? Prioritise your workplace culture

By |2022-07-05T14:21:53+12:00July 28th, 2022|Business Advice, General, Strategy|

What's the vibe like in your workplace? Is it attractive to potential, new and long-term team members? In this unprecedented recruitment environment, focusing on flexibility, inclusivity, wellbeing, and technology can help you attract and retain talent. With low unemployment, the ongoing challenges of border closures, and increased competition for people, businesses are

How forecasting can help your decision making

By |2022-07-12T16:46:13+12:00July 14th, 2022|Business Advice, Cash and Cashflow, Strategy|

A crystal ball would be handy in business. Likewise, forecasting (based on essential tools and techniques) can provide you with an informed view of the future of your business and finances. One way to help improve your business decision-making is to produce regular management information. But looking at historical numbers can only

Seven ways to grow your business

By |2022-07-05T14:32:25+12:00June 30th, 2022|Business Advice, Cash and Cashflow, General, Strategy|

Are you looking to grow your business? Pathfinder Solutions suggests focusing on seven smart strategies. The first five increase your sales; the final two reduce costs and improve your margin and profitability. Which of the seven will you target first? Talk to us – and we'll help you get on track. Even

Know your numbers – your balance sheet

By |2022-07-05T14:31:57+12:00June 16th, 2022|Business Advice, Cash and Cashflow|

The most important step in taking control of your business performance is to understand your numbers.  Your financial reports give you the symptoms of the good or poor health of your business.  Having a good understanding of the reports enables you to pinpoint areas that require a more detailed diagnosis. The 3 most important

Know your numbers – your profit and loss

By |2022-07-05T14:31:26+12:00June 2nd, 2022|Business Advice, Cash and Cashflow|

The most important step in taking control of your business performance is to understand your numbers.  Your financial reports give you the symptoms of the good or poor health of your business.  Having a good understanding of the reports enables you to pinpoint areas that require a more detailed diagnosis. The 3 most important

Know your numbers – your trading account

By |2022-07-05T14:30:59+12:00May 19th, 2022|Business Advice, Cash and Cashflow|

The most important step in taking control of your business performance is to understand your numbers.  Your financial reports give you the symptoms of the good or poor health of your business.  Having a good understanding of the reports enables you to pinpoint areas that require a more detailed diagnosis. The 3 most important

Which new tax changes will affect you?

By |2022-07-05T14:30:29+12:00May 5th, 2022|Business Advice, Tax|

There are more than 100 tax changes that took effect this financial year, and some of them may be relevant to you. Here’s a brief summary of what’s happening: 1. The bright-line test 10-year extension is now in place, with a 5-year rule for the initial owners of new builds. 2. Rental interest deductibility

Your job description as a business owner and director

By |2022-07-05T14:29:24+12:00April 21st, 2022|Business Advice, General, Strategy|

Everyone knows that each team member should have a job description - it gives clarity on the responsibilities and tasks, and the KPIs and expectations of each role.  We can then monitor and measure performance and as the saying goes 'what gets measured gets done'.  But too many business owners fail to do the same for their

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