ITS A BRAVE NEW .... Price

Jean Kappely • November 12, 2025

As we reach the end of the financial year, it's a great time to pause and reflect on all that we've accomplished. Before your Accountant works their magic to handle tax compliance, take a moment to run some reports from your accounting package and see how you've fared. How did you do? Did you see growth on the bottom line (Net Profit)?

Often, year-on-year comparisons are overlooked, leading to unnoticed declines in margins and profits. Your pricing strategy plays a crucial role in this. If you haven't revisited the prices of your products and services at least annually, your purchasing power today will be less than it was last year.

While price rises are expected in most industries, failing to adjust your prices can result in your business losing value and money. That's not why most people start businesses, unless they operate in the Not-for-Profit sector, which is a different ball game altogether.

In recent years, we've seen inflation rates of nearly 7%. If you haven't kept up with this trend, you might have inadvertently decreased your income and purchasing power. If your clients are facing price hikes across the board, it's reasonable for them to anticipate the same from you.

I often hear concerns about potentially losing clients if prices are increased. But is this fear based on a probable outcome, a possible scenario, or an unchallenged assumption? Unless you operate in a monopolistic market (and if you are, you probably aren't reading this), competitors in your space have likely already adjusted their prices, leaving you at a disadvantage.

Remember, your clients choose you for your expertise. Don't undervalue the years you've spent honing your craft. You deserve to be compensated fairly for your skills and knowledge.

The best approach is to have open conversations with your clients about upcoming price adjustments. Avoid getting into any negotiation or making excuses; simply explain the situation as it is. While you may lose some clients (often the high-maintenance ones), new clients who join in the future will be onboard with the new rates.

If you need assistance with running those reports or want to explore strategies for increasing your charges, feel free to give me a call. I'd be more than happy to help you navigate this process.

As always, if you found this interesting please share with friends, family and business owners you may know.


By Jean Kappely February 19, 2026
If you’re a busy business owner, you may have started out managing your own books because it seemed manageable — or cost-effective. At first, it probably worked: invoices were sent, expenses were recorded, and GST was filed. But over time, you may have noticed that bookkeeping is taking more and more of your time. You’re working evenings or weekends just to reconcile accounts, track invoices, or dig through receipts. Sound familiar? This is the point where many business owners start asking themselves: “Is it time to hire a professional bookkeeper?” The truth is, outsourcing bookkeeping is less about expense and more about freeing up your most valuable resource: time. Why DIY bookkeeping can become overwhelming Handling your own books is manageable when your business is small and transactions are limited. But as your business grows, so does the complexity. More clients, more invoices, more expenses — and more opportunity for mistakes. Common DIY bookkeeping struggles include: Missing or miscategorised transactions Lost receipts or invoices Late GST filings or payroll errors Stress and anxiety about whether your records are accurate These problems don’t just affect compliance; they can impact your business decisions. If your numbers aren’t accurate, it’s hard to plan for growth, budget for expenses, or make informed choices about hiring or investing. The benefits of professional bookkeeping A professional bookkeeper handles the day-to-day financial tasks for you, ensuring everything is accurate, organised, and up-to-date. This includes recording transactions, reconciling bank accounts, tracking invoices and expenses, and preparing reports. By outsourcing, you get: Accurate records that are ready for your accountant Regular cash flow updates and financial reports Peace of mind that deadlines, GST, and payroll are handled More time to focus on clients, sales, and growing your business Think of it this way: outsourcing bookkeeping is like hiring a navigator for a complex journey. Instead of worrying about every turn and detour, you can focus on steering the ship, while your bookkeeper ensures the path is clear and accurate. When is the right time to switch? There’s no one-size-fits-all answer, but here are a few signs it’s time to consider professional support: Bookkeeping is eating into your personal time or evenings Errors or missed transactions are becoming common You’re unsure whether your records are accurate You want to focus on growth rather than spreadsheets  Making the switch can feel daunting, but it often pays for itself in saved time, reduced stress, and more reliable financial insights. A bookkeeper ensures your records are accurate and compliant, while freeing you to focus on what you do best: running your business. If DIY bookkeeping is taking more time than it’s worth, let’s chat. Outsourcing could be the relief your business needs — accurate, stress-free financial records while you focus on growth.
By Jean Kappely February 15, 2026
If you’ve been managing your own books, you may have noticed that bookkeeping and accounting are often used interchangeably — but they serve very different purposes, and understanding the difference can make a huge difference for your business. Think of bookkeeping and accounting as two halves of a team, each playing a unique role in keeping your business financially healthy. Bookkeeping is the foundation. It’s all about recording and organising every financial transaction in your business. Every invoice you send, every bill you pay, every bank deposit — all of it needs to be tracked accurately. Bookkeepers ensure that your records are up-to-date, complete, and organised. Without this accurate foundation, accountants can’t produce meaningful financial insights. It’s like trying to build a house on a shaky foundation — things may stand, but they won’t be stable. Accounting is the analysis. Once the records are in place, accountants take over to interpret the data. They prepare financial statements, calculate taxes, analyse trends, and give you insights that help you make strategic decisions. Accountants can show you which parts of your business are profitable, which expenses can be optimised, and how to plan for growth. Without accurate bookkeeping, accounting is like trying to read a map with missing roads — you’re likely to get lost. Many business owners start by doing everything themselves. At first, it may feel manageable, but as transactions increase and reports become more complex, it quickly becomes overwhelming. Missed invoices, late payments, and incorrect categorisation can create stress and potentially cost your business money. That’s why outsourcing bookkeeping is often the smartest move for a busy entrepreneur. By hiring a professional bookkeeper, you ensure that all transactions are captured correctly and reconciled on a regular basis. This not only keeps your records accurate but also saves time and reduces stress. When the accounting phase comes around, your accountant can focus entirely on analysis and strategy, instead of fixing errors or chasing missing data. For example, imagine trying to make decisions about whether to hire staff or invest in marketing. If your records are incomplete or inaccurate, you might under- or overestimate your available cash flow. A bookkeeper ensures that all transactions are accounted for, so your accountant can provide reliable insights — allowing you to make decisions with confidence rather than guesswork.  In short, bookkeeping and accounting work together like a well-oiled machine. Bookkeeping handles the daily grind of financial recording, while accounting provides the bigger picture and actionable insights. For busy business owners, outsourcing bookkeeping means you get accurate records without the stress, while your accountant can help you grow strategically. Feeling overwhelmed trying to manage your books and make sense of your numbers? Outsourcing your bookkeeping could give you the clarity and freedom your business needs. Let’s chat about how we can help.
By Jean Kappely November 15, 2025
Contact us today to discuss how our outsourced bookkeeping services can streamline your finances, reduce stress, and support your business growth.