On the eve of participating in our first ever business awards (we are finalists in the Outstanding New Business and Young Business Entrepreneur categories for the Fremantle Chamber of Commerce), I thought it would be good to write on what we’ve learnt.
As an entrepreneur, you meet people everyday, and exchange business cards. Learn how to use Zapier, ActiveCampaign and FullContact to keep in touch.
Fathom is a financial analysis and management reporting tool that uses your accounting data in Xero to help you monitor trends, identify areas to improve and assess the performance of your business.
David Koch was on TV a few months ago and while interviewing some entrepreneurs he said ‘nobody goes into business to be a bookkeeper’.
And it’s true – during the process of starting a business, people generally focus on the product or service that they are offering, and less on the financial management. That’s not to say that people aren’t good at it – just that it’s not a primary focus for them.