Numeric Eight Blog

Formality and governance. Do family businesses need them?

Friday, May 21, 2021

It's common for family businesses to believe they don't need the same formalities as other businesses; it's particularly true with issues like vision, goals, and succession planning. But being a family business means it's crucial to document these things because maintaining family relationships is more important than business. So, what do you do?

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When should the next generation join the family business?

Tuesday, April 20, 2021

For many family businesses, there’s an expectation the next generation will want to join them. That may or may not be true. But the real question should be “When do family members join the family business?”

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Embracing change – How do you introduce new technology into a family business?⠀⠀⠀⠀⠀⠀⠀

Monday, March 22, 2021

Regardless of the business, it can be difficult to introduce new technologies, systems and processes.  But in successful family businesses, it's particularly challenging. So how do you do it?

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Succession planning for family businesses … What’s involved?

Monday, March 01, 2021

Many businesses begin with a dream that flourishes into a successful family business. But only 12% of family businesses transition to a 3rd generation. How do you ensure your business survives and thrives for future generations? Read more below! 

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The Bookkeeping "F" Word Doesn't Need To Be Scary

Monday, January 11, 2021

Tired of all the doom and gloom? Let’s forget what happened last year and finish this financial year on a high. It might mean you need to do a couple of things differently but they are simple to do once you know how. Learn more.

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Ten Finance And Accounting Tips for Architects

Thursday, September 10, 2020

Architects, by their nature, are creative people, and if the mere mention of accounting sends you running for the hills, you're not the only one! Running your business is one thing, but effectively managing your finances is another issue entirely.

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Emerging From Lockdown: Planning For FY 20/21

Monday, July 06, 2020

We recently collaborated on a joint webinar with the HR Dept.

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Can I Answer A JobKeeper Payment Question For You?

Thursday, April 30, 2020

Latest Update: JobKeeper Extended until 28 March 2021. 

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Accounts Receivable - It’s all about process

Thursday, July 11, 2019

The sooner you send an invoice, the faster you will get paid. So here’s our guide to keeping your business cash fit and sustainable.

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Accounts Receivable Demystified

Friday, July 05, 2019

In bookkeeping and accounting, there are many technical terms which can make things sound more complicated than they need to be. Our goal is to demystify these terms so you can make sound decisions about your business. Today we are explaining Accounts Receivable. 

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