Numeric Eight Blog

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?

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?”

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?

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! 

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.

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.

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

Latest Update: JobKeeper Extended until 28 March 2021. 

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.

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.