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Sue Hirst: Founder, CAD Partners

Sue HirstGosford, New South Wales
http://www.cadpartners.biz

Sue Hirst is the founder of CAD partners, which is a team of Financial Controllers who have helped thousands of business owners to maximise Profit, Cashflow and Business Value. CAD partners have achieved this by providing plain English education about the value of Financial Control within small business.

The value of thinking strategically about Financial Control is often overlooked, hence the high incidence of small business failure. There is a big payoff in terms of business success when Financial Control is treated as importantly as other aspects of business management, rather than just being used for taxation return purposes.

A solid understanding of pricing, costing, working capital and overheads is a must for business success. Sue provides understanding by simple, plain English explanation of the basic financial workings in business.

Sue's memorable quote
"True success is not about 'sailing through unscathed' but how you overcome set-backs and hurdles."

Articles by Sue

  • Working Smarter

    How to grow your business without borrowing

    Those who’ve attempted to get new lending or renew an existing loan will know how hard it is right now, so how do you grow your business without borrowing?

  • Working Smarter

    Money management tips to survive the downturn

    If you can keep your cool while economic mayhem abounds, you could set up your business for not just survival, but for greater profit and cashflow when things improve. Here are some money management tips to thrive and survive in the downturn.

  • Working Smarter

    FAQs on small business budgeting

    A budget is a guide to financial performance of the business and a way to quickly identify overspending and potentially loss making situations. Here are answers to the most common questions asked about small business budgeting.

  • Marketing

    How to price right for maximum profit

    There are a variety of methods for determining the price of your goods and services. To ensure you price right for maximum profit, let’s look at some of the merits and pifalls of different pricing strategies.

  • Working Smarter

    Solving cash-flow problems

    An age-old question accountants get asked by business clients is “How come I’ve made a profit but I don’t have any cash?”. Solving cash-flow problems is an issue for many businesses.

  • Working Smarter

    Business systems: How they save your sanity!

    A challenge for any solo business owner is how to get others to help run the business, so that it doesn’t completely take over your life. You can look over everybody’s shoulder all of the time or you can invest in business systems to free yourself.

  • Working Smarter

    Benefits of a good work-in-progress system

    A successfully managed work-in-progress system for your solo business can help you improve profitability, cashflow and customer satisifaction.

  • Working Smarter

    Taking stock of your stock management

    Stock needs to be available for sale when your customer is ready to buy. But because it sucks up cash to have it waiting to be sold, it is good stock management to keep stock on the shelf for the shortest possible time.

  • Working Smarter

    Five ways to make the most of your Accounts Payable

    Accounts Payable may seem like a dull subject but when handled properly it can provide many opportunities to improve your cashflow and profit. This article discusses how to use your Accounts Payable to your advantage.

  • Working Smarter

    Recovering money: How to speed up payment from customers

    In my last article I discussed ways to improve business invoicing and steps to avoid bad debts. In this article I'll discuss recovering money and ways to speed up payment after the invoice has been sent out to your customer.

  • Working Smarter

    Business invoicing: Steps to avoid bad debts

    How well you handle business invoicing can make or break your business. There are a number of different methods, so let’s look at some of the key factors in running a successful accounts receivable process in a typical small business.

  • Working Smarter

    How profitable businesses can go bust

    How can a business making plenty of sales possibly go bust, you may wonder? The answer is cash. Your cash can be in a surprising number of places other than where it belongs - in your account.

  • Trash

    Cashflow problems


 

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