Category Archives: Strategy

How to save tax when buying equipment in the film industry

tax savings film equipment

As a small business owner in the behind-the-scenes film and TV industry, you’re no stranger to incurring regular expenses for your work. Whether it’s restocking SD cards or battery packs, you’re used to budgeting for these consumable items and processing them as regular expenses. But what happens when you have to fork out for a…

Why does the film industry need to embrace digital accounting?

film industry embrace digital accounting

Whether you’re a cinematographer, sound engineer, director or choreographer, you’re juggling a jam-packed schedule while trying to maintain the financial side of your business. After long days on set, you just want your accounting to be as simple and stress-free as possible. Digital accounting is the answer. We’ve seen first-hand how transformative it’s been for…

Why is Xero better than spreadsheets?

xero better than spreadsheets

It’s finally the end of a long week. You’re ready to switch off, curl up on the sofa…but then you remember you’ve got to log and organise your business’s finances in Excel or Google Sheets. It’s a time-consuming, arduous chore you could really do without. You started your small business to do what you love,…

How many times per year do I need to look at my financial reports for my business?

Financial reports are an important part of understanding where your business is now and planning for where you want it to be in the future.   But exactly how often do you need to be reviewing these reports? Advice you find on the internet varies drastically, from some suggesting a simple annual review to others insisting…

Why is my ecommerce business lacking cash?

ecommerce business cash flow

You’ve been working hard on your ecommerce business, and it feels like it’s paying off: you’re making more sales, attracting new, loyal customers and increasing your profit.  Despite all these positive signs,  there are still times when you feel cash-starved. You’re worried about paying suppliers late, stressing over bills and constantly checking your bank account…

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