Case Study – The Role of an Outsourced Finance or Bookkeeping Service in Starting Your Business
If you’re grappling with when to engage outsourced CFO services in your start-up journey, as some of our clients were when we first met them, this video will show you what you need to do to set yourself up for success .
In this short video , CFO Alison Vine discusses the significance of an outsourced finance and bookkeeping service in assisting starts up to navigate expansion and enjoyed success.
5 Reasons your Start Up needs a CFO
Do you know when to bring a CFO into your team?
As your business grows, financial management can become more complex.
In our 2-part blog series, we explore the need for a CFO and when to bring in an outsourced CFO. While smaller businesses may not require a full-time CFO, having access to an experienced professional early on, can be very beneficial.
Outsourced CFOs can provide valuable expertise and guidance on budgeting, fundraising, cash flow management, compliance with financial regulations, and strategic decision-making. In part two we present you with a handy checklist of questions to determine when is the right time to bring in an outsourced CFO.
To learn more about how Square Penny can help you and your business grow, get in contact with us, on 1300 472 412
Client Success Story
At Square Penny, we are dedicated to delivering outstanding service and value to each of our clients. We take great pride in making a meaningful impact on their lives, just as we did with Tim Chivers, which motivates us to strive for excellence in all that we do.
We sincerely appreciate the kind words from Tim and the team at M+G Electrical and Communications.
Getting to Know – Square Penny CFO – Michelle Menelaws
Meet our CFO, Michelle Menelaws, BBus(Acc), CA
Michelle is a distinguished Chartered Accountant and Finance Manager and serves as an integral member of the management team at Square Penny.
With more than 20 years of experience in the finance industry, including over a decade in the legal sector, Michelle possesses the expertise and fortitude to manage intricate tasks with ease.
Leveraging her extensive knowledge, Michelle excels in delivering bookkeeping solutions, optimising operational processes, and providing strategic planning and direction for SME’s.
When she’s not at work, Michelle enjoys coaching her daughter’s netball team and going on family bike rides during weekends. You’ll also learn some fun facts from our sit down with Michelle, such as her favourite meal is a Massaman curry, singing karaoke is her hidden talent (we’ll keep that mind for our next social gathering!) and considers a day at the beach followed by a BBQ with friends and family as an ideal way to spend a day off work!
Find out more fun facts about Michelle.
We’re on Youtube!
Head on over and be sure to follow us for all of your accounting, bookkeeping and revenue tips!
5 REASONS YOUR START-UP NEEDS A CFO (Part 2 of 2)
In this two-part blog series, we explore the 5 top reasons why your start-up needs a CFO and when to bring an outsourced CFO into the team.
Getting to Know – Square Penny Operations Director – Angela Nicolai
Getting to Know - Square Penny Operations Director – Angela Nicolai What do you enjoy most about your role at SP? Working with the team and...
5 REASONS YOUR START-UP NEEDS A CFO (Part 1 of 2)
In this two-part blog series, we explore the 5 top reasons why your start-up needs a CFO and when to bring an outsourced CFO into the team.
Meet CFO – Anne-Maree McKernan
Learn about Anne-Maree McKernan’s responsibilities as CFO of Square Penny through a concise youtube video
Meet CFO – Alison Vine
Learn about Alison Vine’s responsibilities as CFO of Square Penny through a concise youtube video
Square Penny – A female led and run business . Interview with our CEO Trish Catlin
With International Women’s Day 2023 right around the corner, we thought this would be a great opportunity to reflect on just how far we’ve come.
Now Actually | Square Penny’s Female Client Trailblazers
Now Actually | Square Penny's Female Client Trailblazers
Case Study – How unclear processes can hinder a business’ financial viability
Case Study – How unclear processes can hinder a business’ financial viability
Work from Home Deduction
The Australian government has recently scrapped the shortcut method for claiming work-from-home deductions.
This method, which was introduced in the 2020-2021 financial year, allowed employees to claim a flat rate of 80 cents per hour for expenses incurred while working from home due to the COVID-19 pandemic.
The Benefits of a Discovery Session
The Benefits of a Discovery Session
Business Outsourcing: What’s best for YOUR business?
If the last few years have taught us anything, it’s that ‘normal’ for business has been completely reimagined. We’ve established in these last three years of discomfort and uncertainty that there are better ways to get things done – from flexible working arrangements to standard recruitment practices.
Getting to Know – Financial Accountant – Amanda Otten
What do you enjoy most about your role at SP?
The variety of work
Best Business Software: Make 2023 your business’ most productive year yet!
So another year has come to pass, and more likely than not, you’re picking up exactly where you left off in 2022. Hopefully you’re feeling more rested for a bit of time to yourselves over the festive period. But now comes reality: back to the grindstone. But what if it didn’t have to be a grind? Here at Square Penny, we pride ourselves on identifying the best business software options to make doing what you do best a breeze. Throughout this blog, we’re going to help you get the most out of every workday for yourself and your employees by leveraging our extensive knowledge of the best productivity tools around. We’re going to problem solve as we go, so each set of tools will be based around a challenge that you may be facing in your own workplace right now. Ready to dive in? Let’s go…
Business planning 101: Your top 5 quick wins before 2022 winds up
If you’ve had a year anything like ours, it’s likely the end of the year came more quickly than you were anticipating. Again. With business shutdowns and festivities approaching, many of our clients are spending the next few weeks getting their business ducks in a row before winding down for some hard-earned relaxation time with friends and family over the festive break. How great it is to know that when they switch their computers on for the first time in 2023, they’ll have already taken care of the bulk of their business planning well in advance, and can hit the ground running. Here’s what we recommend you take care of now for a successful start to 2023 for your business:
Small Business Accountant with All the Trimmings
If you’ve ever wondered what we do here at Square Penny, here’s the run-down of our services. Grow your business with experienced, strategic small business accountants.
Revenue leakage: What you need to know in order to grow
It sounds like something you may need a doctor or plumber to remedy, but this time it’s your friendly financial service provider. If you’re experiencing a slowing of growth in your business, or simply difficulties with cashflow, the likely culprit is revenue leakage. But what is it, and more importantly, how can it be stopped? Read on to discover the fundamentals of revenue leakage, and what you can do to ensure you’re always on top of your business finances no matter what the week throws at you…
7 Tips for being more financially in control of your money
July 2022 Newsletter. Don't get caught out. Do you have separate business bank accounts? As a business owner there are many expenses that can crop...
13 Top Tips from Square Penny for your End of Financial Year Check list
May 2022 Newsletter. 13 Top Tips from Square Penny for your End of Financial Year Check list 1. Are you bank accounts all reconciled and...
Increasing Burnout rates and reduced productivity
April 2022 Newsletter. Increasing Burnout rates and reduced productivity. Burnout is a real problem, not just for the mental health of employees...
Sick Pay, resilience, investigative interviewing and dining vouchers!
March 2022 Newsletter. The Victorian Sick Pay Guarantee and how it can help you Taking time off work when you're sick or taking care of family can...
