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Understanding Your Profit and Loss Statement

Moroney & Co Accountants will discuss how your profit and loss statement (P&L) helps you understand your business performance and profitability over time. It’s sometimes called an income statement and its main purpose is to list income and expenditure. Whereas a balance sheet is a snapshot in time, the P&L shows transactions over a specific…

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Cash flow and cost control

Moroney & Co Accountants understand that more than ever, cashflow is a vital part of staying afloat, whether your business is in recovery or growth mode. Moroney & Co Accountants know that revenue, profit and your bottom line all deserve your attention. But keeping everything running is the baseline. Regular cashflow forecasts help you keep…

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Business tips: Setting your goals for a business exit

Moroney & Co Accountants know that every business has a finite lifespan. Some may last for decades, and some may only last a couple of years. As the owner of a business, Moroney & Co Accountants understand that the life of your business is likely to be strongly aligned with your own life goals and…

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Is your after-sales service in place to help your business?

We recognize that the client is always right here at Moroney & Co. Not only is it wise business management to keep customers satisfied, but it also encourages repeat business. You want your clients to feel appreciated and that they are doing business with a company that values their patronage and is eager to express…

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Restructuring or selling your business? We can help

Moroney & Co Accountants know that in this challenging business landscape, if you are considering a significant change, your head is no doubt filled with questions. I’ve decided to restructure. What’s the best way to do this? Restructuring is never easy but if it’s necessary to keep your business afloat, here is a process you…

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Supply chain issues: can you bring things closer to home?

The Moroney & Co Accountants team know that global supply chain challenges are changing the reality of doing business. It’s increasingly tough to source raw materials, supplies and products in the right quantities. And when your supply chain breaks down in this way, that can have serious consequences for your business. So how do you…

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Business tips: Knowing what your customer wants

Moroney & Co Accountants know that the increase in digital business systems has opened up forensic ways of understanding your customer base. That’s a huge bonus when you’re aiming to build better connections, relationships and experiences with your audience. Moroney & Co Accountants understand that knowing what your customer wants is a fundamental piece of…

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Your Balance Sheet

Moroney & Co Accountants know that in order to acquire a complete understanding of your financial position and business performance it is important to examine your balance sheet, together with the Profit and Loss Statement and other reports such as the Statement of Cash-flow. Moroney & Co Accountants will take you through the balance sheets…

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Tips on building your brand to create a competitive advantage

In a crowded marketplace, Moroney & Co Accountants knows that it can be difficult to make your products and services stand out clearly from the competition. A key way to do this is to focus on building brand awareness and turning your existing customers and targets into advocates for your brand. Creating that competitive advantage…

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Is your business attracting the right talent?

The Moroney & Co Accountants team believe that when people talk about ‘brand’ they often think solely from a customer perspective. However, a strong ’employer brand’ is also critical, in order to attract the right talent to your business. With a shift in skill-set requirements across most industries, it’s more important than ever to attract…

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