Al & Bel Consulting

Al & Bel Consulting Bookkeeping | Management Accounting | New Business Advice |Small - Medium business health check | Systems and Process Improvement |

A profitable business has more money in, than out (over a long period of time). Cash in the bank is great for paying bil...
09/10/2025

A profitable business has more money in, than out (over a long period of time). Cash in the bank is great for paying bills, but profit is what truly tells if your business is healthy.

The simple takeaways
• Cash is how much money you have right now (like looking at a snapshot).
• Profit is whether you’re making money over time (like watching a whole movie).

You can have a lot of cash today, but if you’re constantly spending more than you earn, or you owe a lot, or have some tax lodgements outstanding that come with a bill, that cash will eventually run out and you’ll become unprofitable.

If you feel a bit overwhelmed with the finance side of things. Get in touch and we can have a quick chat about what might be draining your profit.

This has saved us and our clients so much stress. Although you think it will be easy to put aside money to a separate “G...
30/09/2025

This has saved us and our clients so much stress. Although you think it will be easy to put aside money to a separate “GST” account or “Income Tax Account” it hardly happens, and then when you go to lodge your BAS or even worse, your yearly income tax return, you get hit with a huge tax bill!
Set up a weekly transfer straight from your bank to the ATO for even a small amount $25.

3 tips to make your accounts cleaner. Even if you don’t have a bookkeeper.
10/04/2022

3 tips to make your accounts cleaner. Even if you don’t have a bookkeeper.

06/04/2022

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Follow thelegacyinvestingshow for all the investing and money tips

05/04/2022

At least!

Every couple should have 4 bank accounts… listen to this advice from 👏

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NERD TIME! ⏰I’ll be honest, I studied Accounting at Uni but it wasn’t until I became a Business Banker for the NAB that ...
02/04/2022

NERD TIME! ⏰I’ll be honest, I studied Accounting at Uni but it wasn’t until I became a Business Banker for the NAB that all the parts made sense. I went from creating financial reports to analysing them. If your not familiar with financial reports, it can seem overwhelming at first. Here are few tips to help explain what they are and what the point of each of them is. Hope it helps!

I didn’t go to Harvard but the people that work for me did.I believe Rich Dad said something along these lines “ an inte...
01/04/2022

I didn’t go to Harvard but the people that work for me did.

I believe Rich Dad said something along these lines “ an intelligent man will hire people who are more intelligent than him”

Thoughts?

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Follow 👉🏻

31/03/2022

I’m currently reading Rich Dad Poor Dad by and have learned a lot in the first chapter.

Credit I always get asked why your house is not an asset so here I explain an asset vs. a liability, the difference between owning a house and owning a rental property

4 Important Finance Professionals that all businesses should have.1. Bookkeeper2. BAS Agent3. Accountant4. Business Bank...
30/03/2022

4 Important Finance Professionals that all businesses should have.
1. Bookkeeper
2. BAS Agent
3. Accountant
4. Business Banker

1-4 can also be the same person if they have the necessary qualifications and certifications. Your bookkeeper may also be a qualified BAS agent but not a Certified Practicing Accountant.

This also doesn't include other areas of the business ie legal

Address

Rochedale South, QLD
4123

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+61449721785

Website

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