Running a Business in the 21st century

The work landscape in 2018 is somewhat different to what it was 10 – 20 years ago.  More and more corporates are leaving their jobs, whether voluntarily or forced, to try to achieve better life balance by starting their own businesses. THE NEW WORK WEEK The face of entrepreneurship is changing from the white middle-aged[…]

Preparation for the End of Financial Year

The end of the 2016-17 financial year is fast approaching. For business owner’s this is a busy and important time of the year. Keeping on top of the tasks you need to do to prepare for tax returns, bookkeeping and putting things in place for the next financial year can sometimes be difficult, stressful and[…]

5 Top Tips To Efficient Bookkeeping

Creating an efficient bookkeeping system for your business is one of the most important steps you can take to ensure the financial side of your business runs smoothly in an organised and productive way. With a structured system in place bookkeeping need not take up a lot of your time and it will save you[…]

Set, Review & Automate

Know what will help keep your business running like a beautiful well oiled machine? Good bookkeeping practices. Completed regularly, these habits will give you not only confidence, but peace of mind. Neglect these practices and mistakes will fester, leaving you up the proverbial creek with lots of back work to do. Bottom line: Good bookkeeping practices[…]

Tips For Dealing With Non-Payers

One of the toughest things about running a small business is dealing with non-payment on invoices. Unpaid invoices can cause a big disruption for your cash flow, and because you don’t have a finance department to do the chasing for you, you often find yourself in the awkward position of chasing the same client that you’ve built[…]

What you need to know before Hiring Staff

Hiring a new employee is not a single event – it’s a process. Understanding each step in the process will help you get the best outcome for your business. The first step is knowing what the law is surrounding the hiring of staff.  Such as what the National Employment Standards are, the different Awards and[…]

Is It Time For A New Bookkeeper?

Is it important to know how much money you have in your business bank account?  Does your software or spreadsheets allow you to monitor the financial health of your Business? Over the course of a month how long do you spend doing your bank rec?  Have you ever sent an invoice to someone that owes[…]

SuperStream Deadline is Approaching

As part of the government’s Stronger Super reforms, all businesses will need to adapt the way they make contributions to super funds. Submitting payments and employee data will be done online from  the 1st July 2016 to help reduce the time and effort it takes to manage your super responsibilities. SuperStream compliant processes are designed to prevent errors[…]

Systems in Business

Do you want to transform your business? Your business has great staff, good products, a strong vision and clear direction, yet is it plagued by simple, reoccurring mistakes that hamper your businesses growth? On top of that, do many of these mistakes end up robbing you of valuable time that you could be spending on[…]