Category: Small Business Tips
-
The Profit-First Mindset: From Self-Sabotage to Abundant Mindset
If you’ve ever felt like no matter how hard you work, your business just isn’t as profitable as it should be, you’re not alone. So many business owners pour their energy into growing revenue, yet they still struggle with cash flow, debt, and uncertainty. And the truth is—it’s not because they aren’t working hard enough.…
-
The Hidden Costs Stealing Your Profit—And How to Take Back Control
Running a business is no easy feat. You work hard to bring in revenue, but somehow, your profit always feels out of reach. Sound familiar? The truth is, invisible costs might be silently draining your business’s profitability—but the good news is, you can do something about it. In this blog, we’re uncovering the hidden costs…
-
Understanding your Financial Position
Running a small business is no small feat. You pour your time, energy, and heart into your work, yet financial clarity often feels like a distant dream. Many business owners find themselves asking the same questions: Where does all the money go? Why am I struggling to pay myself? How can I stop living invoice…
-
Overcoming Financial Fear: The First Step to Control
In this episode, we’re diving headfirst into one of the biggest challenges business owners face: financial fear. Whether you’re the carefree spender living the “champagne lifestyle on a beer budget” or the cautious saver hoarding every dollar, this one’s for you. We’re unpacking why financial fear is so common, how it holds us back, and—most…
-
Profit First got me HERE!
In the latest episode of The Profit Generator Show, Nathan reflects on his family holiday to Thailand and dives into the powerful lessons learned both abroad and in business. Drawing on his 25 years of experience as an accountant, Nathan shares the patterns of financial crisis he’s seen in small businesses and how implementing the…
-
Profit FIRST not Profit LAST
In the latest episode of The Profit Generator podcast, Nathan Rigney, founder of NGR Accounting, sheds light on why traditional accounting models often fall short for business owners and introduces a new approach with the Profit First system. Nathan dives into how a simple mindset shift—prioritizing profit over expenses—can break the cycle of financial struggle…
-
What is your accountant NOT doing for YOU?
In today’s post, we dive into why traditional accountants are falling short of what businesses truly need. Nathan Rigney, known as the Profit Generator, breaks down the flaws of focusing only on compliance and tax returns. He makes a compelling case for working with an accountant who does more—someone who provides proactive advice, tailored growth…
-
Does your Accountant and Bookkeeper have access to your Xero?
Hello, Sue here, your Xero Hero. I wanted to share with you one easy thing you can do to help you with your Xero File, and that’s give NGR Accounting (or your bookkeeper) access to view it. Your Online Accounting Software is one of the most useful tools available to businesses. Not only does it…
-
Have you nominated NGR Accounting as your Agent with the ATO?
Hey guys, Nathan here. I want to take some time to guide you through an update from the Australian Taxation Office (ATO) that could impact your business – the Agent Nomination Process. So, Let’s Go! 1. What is nominating NGR Accounting as your Agent all about: The agent nomination process is a new requirement…
-
Setting SMART Financial Goals for Your Business in the New Year
As we step into the new year, it’s the perfect time to set the stage for financial success. In our journey toward achieving business excellence, we’ve previously explored the importance of short term and long term strategic planning (https://ngraccounting.com.au/are-you-planning-short-term-or-for-the-long-term/) and the SMART criteria for goal-setting (https://ngraccounting.com.au/smart_planning/). Today, I’d like to delve deeper into your financial…
-
Festive Financial Hangovers
Hey guys, Nathan here. It’s coming up to the Festive time of year, of course for most it starts from the Melbourne Cup, and before you know it you’ve been to four, five, sometimes 9-10 Christmas Parties. And for a lot of us, Christmas and New Year is an exciting time of the year, not…
-
Unlocking Business Growth and Profit Potential Through Self-Improvement and Training
Hey guys, Nathan here. Let’s discuss how self-improvement, training, and coaching can turbocharge your business for bigger profits and growth. In today’s fast-changing business world, staying ahead is a must. We will look at where to get this crucial know-how and how it can supercharge your business and your profits. Where to go for your…
