The Flying Solo community
The Flying Solo community
The Flying Solo community
Heather Smith was born with a calculator in her hand and a love of numbers.
Heather is a Chartered Certified Accountant, MYOB, XERO & SAASU Consultant, Author & Speaker. Described as engaging, entertaining, honest, funny and relevant, Heather is available to present on all matters small business at your next conference.
"Heather Smith inspired me to review our entire accounting system! And gave me some great ideas on how to run our business better! She is entertaining and educational and would be a great addition to a line up of speakers!"
~ International speaker Amanda Gore
"The support Heather has generously given the community at Flying Solo is nothing short of astonishing. She writes engaging articles brimming with tips; has presented a great session at our national conference and is regularly diving into our forums with helpful commentary and advice. The world of small business needs more people like Heather."
~ Robert Gerrish Founder; Director, Flying Solo
She is the author of the soon to be released book 'Learn MYOB in 7 Days' and is currently working on her second small business book. Heather writes regularly for Flying Solo, My Business, Fitness Network, News.com, Women's Day as well as other publications.
Heather is a twitteroholic, her twitter handle is @HeatherSmithAU.
Ask not what your country can do for you; ask what you can do for your country - President John F. Kennedy
Ensuring you have steady access to cash in your business is critical for its long-term survival. Here are five tips to help you with managing cash flow. Read moreComments: 1
Compared to unstructured brainstorming, Dr Edward de Bono’s Six Thinking Hats method has been proven to reduce how long it takes to generate inspirational and innovative ideas. Read moreComments: 0
After I recovered from the shock of the quote for some minor orthodontic work, I realised my orthodontist had used some very savvy pricing strategies on me, some of them not very ethical. Read moreComments: 11
Whenever I travel I enjoy observing how other cultures approach business and wonder how I can benefit from their practices. Here are some business marketing tips I picked up in Vanuatu. Read moreComments: 2
A virtual assistant (VA) can be a godsend to your business. But how do you choose one, and what should you ask them to do? Here are some tips on using a virtual assistant. Read moreComments: 16
Sir Richard Branson does it. Perhaps you should? After all, article marketing is an easy way to demonstrate your expertise, build your brand and hopefully attract clients. Read moreComments: 7
If you import or export, you need to understand how currency fluctuations affect your profitability. Here’s a beginner’s guide and glossary of key foreign currency transactions terms. Read moreComments: 9
Want to grow your business in a short time? This LinkedIn challenge will take you less than an hour to complete over ten weeks. Read moreComments: 2
LinkedIn is the dominant social media networking site for professionals today. Here are some pointers on how to grow and develop your LinkedIn network. Read moreComments: 26
LinkedIn is the number one social media platform for white-collared professionals today, with more than 90 million registered users. Do you know how to use LinkedIn effectively? Read moreComments: 17
Used on an ongoing basis, benchmarks can improve your business performance and give you a competitive edge. Here’s what you need to know to get started with financial benchmarking. Read moreComments: 0
Bookkeeping is a vital part of running a business, but can also be overwhelming, especially if you’ve never done it before. These DIY bookkeeping tips will point you in the right direction. Read moreComments: 6
For small business owners, debt collection can be an evil necessity; it’s something many of us would really rather not do, but must if we want our businesses to survive. Here are some helpful debt collection strategies. Read moreComments: 11
Working with a good tax accountant can be critical to the success of your business. So how do you find an accountant that is right for you? Read moreComments: 12
Minimising expenditure is a critical component of business survival and cash flow. Follow these practical expense management guidelines to help keep your business expenses under control. Read moreComments: 7
One of the first decisions to be made when starting a new business is whether you should register for GST. Here I’ll discuss the key issues you need to consider. Read moreComments: 15
Choosing accounting software for your business can be difficult. Consider these important questions when you’re investigating your options. Read moreComments: 14
Thoughtfully set-up profit and loss statements generate meaningful data that can inform your business decisions. Here’s how to de-clutter yours and make it more user-friendly. Read moreComments: 8
If you’re sick of dealing with the shoebox full of receipts it could be time you considered hiring a bookkeeper. Here are ten questions to ask before you do. Read moreComments: 22
We have read about the benefits of documenting the procedures we adhere to in our business. Michael Gerber has made a lot of money telling us we need them and Flying Solo extols the virtues of a business procedures manual, but where to start? Read moreComments: 13
Sometimes in business you help people out for free. Your five minutes may save them hours of grunt work. There’s no point raising an invoice, but can you be rewarded for contra deals in other ways? Read moreComments: 12
Many a solo business has started up after a parent has found the rigid 9-5 work life does not suit the role of parenting. I’ve found a symbiotic relationship can develop between a parent and a child within the framework of these businesses. Read moreComments: 13
Every minute counts! If you find yourself with some spare time in your diary here are some original ideas to grow your business in every direction. Read moreComments: 29
Professional Accountants can be critical to the ongoing success of your business. They can provide advice on company structure, financial management and legal tax avoidance. But their fees can be exorbitant! Read moreComments: 25
Long before the days of Twitter, Facebook and myspace there was a simpler Internet technology: groups. Yahoo! or Google Groups are formed when a community focused around a specialist topic uses email lists and forums to communicate. Read moreComments: 6
Making the decision to say no to clients is not made lightly. Do you know how to recognise when you should say no? No to an existing client, no to future income, no to potential new clients? Read moreComments: 15
Following on from my article 20 Money Saving Tips, I wanted to share free software or 'freeware' I have tried and tested. Freeware is offered by software firms on a trial basis, in the hope that you will upgrade to their subscription based product. Read moreComments: 29
Welcome to money savers anonymous. Hi! I am Heather Smith and I love to save money. I like to find a bargain, but what excites me even more than money saving is when I get something for free. Read moreComments: 27
In my work life, I come in contact with a lot of start up micro businesses and have discovered some of the mistakes they have made. Fortunately, we have the opportunity to learn from them, and hopefully avoid the same mistakes ourselves. Read moreComments: 17
Interested in making more money and doing less work? Why not get someone to do your job for you, and pay you for that privilege. Does this sound too good to be true? Read on to find out more about making money offering work experience. Read moreComments: 8
Us soloists are busy and time poor. Unless you are outsourcing there will come a time whereby you have capped your capacity to serve your clients. When you reach that point, what are your options? This article looks at cooperation versus competition. Read moreComments: 14
Is a paperless office for a soloists a practical reality? In my article Small business record keeping: Dealing with the shoebox Marc Fraser from Melbourne raised the possibility of maintaining financial source documents electronically. Read moreComments: 14
After years of working in Management Accounts, the same invoicing errors keep cropping up. So I'd encourage you to print out a copy of your business invoice and discover whether you’re guilty of delaying your own cash flow! Read moreComments: 19
I love my iPod - it has opened my world in ways I could not imagine. The reason for this is simple: podcasts! Before I got my iPod, I didn’t even know they existed. Read moreComments: 4
Reconciliations wreaking havoc? Transactions disappearing? BAS adjustments giving you nightmares? Here are nine tips for using Business Management Software. Read moreComments: 8
Naming your business is one of the first steps in flying solo, although it is often not an easy task and there are many factors to consider. Here are some practical tips to help you with the process of naming your business. Read moreComments: 23
As an accountant, at this time of year people start arriving at my door with a shoe box stuffed full of receipts. Some of you may be chuckling in disbelief while others are blushing with recognition of their own small business record keeping! Read moreComments: 28
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