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Things to Consider for your New Year’s Resolutions
As the year comes to a close, it can be a good time to reflect on your habits and make positive changes for your resolutions for the future. But some …
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A Christmas Message With Gratitude
As the year comes to a close, I wanted to take a moment to express my deepest gratitude for my special clients and supporters. Your continuous trust has not only …
Effective strategies for boosting your startup’s cash flow
In the unpredictable world of startups, maintaining a cash surplus can be a lifesaver. It provides a safety net in case sales don’t meet expectations or unexpected expenses arise. Aside …
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How Payday Loans Affect Your Credit Score
In times of financial difficulty, many individuals turn to payday loans as a quick and easy solution. Payday loans provide immediate cash, which can be appealing, especially for those facing …
Why should you get a business valuation?
Business valuations are the process of determining the economic value of a company or business. The valuation process involves analysing a wide range of factors to arrive at an estimated …
Managing work-life balance as a small business owner
As a small business owner, it can be incredibly difficult to maintain a healthy work-life balance. The obligations and responsibilities of running your own business often take priority over any …
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Why online reviews matter
In today’s digital age, online reviews can make or break a small business. With the ease of access to social media and review websites, customers can easily voice their opinions …
Work on the business, not in it
The phrase “work on the business, not in it” comes from Michael E. Gerber’s book, “The E-Myth Revisited.” Its core message revolves around the idea that there’s a difference between …
Tips for building an engaging website for your small business
As a small business owner, you probably know it’s important to have an engaging website that reflects the image of your company and attracts customers. A great website can give …
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How to unlock cash within your business
As a business owner, have you ever been caught short of cash? What if I told you that the solution to your cash flow woes might be hiding in plain …
Budgeting and cash flow forecasting: key to your business success
In the unpredictable world of business, finding a little certainty can make all the difference. While the future remains a mystery, tools such as budgeting and cash flow forecasting can …
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Don’t underpay employees
Underpaying employees occurs when workers are paid less than the minimum wage or are not provided with their correct entitlements and benefits as stipulated by Australian employment laws. Key factors …
Are your binding death benefit nominations up to date?
A ‘death benefit nomination’ is a legal document that allows a superannuation fund member to specify who should receive their superannuation benefits in the event of their death. When a …
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Avoid penalties with an ATO payment plan
An ATO payment plan allows you to break down your payment into smaller amounts made via instalments and spread over a fixed period. Within a payment plan, you pay an …
Understanding and improving working capital
When it comes to running a thriving business, understanding and effectively managing your working capital is crucial. Essentially, working capital is the cash readily available for the day-to-day running of …
Essential bookkeeping practices for start-ups
Starting a new business is exciting, but it also comes with its fair share of responsibilities. One of the most critical responsibilities is maintaining accurate records of your business transactions. …
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How rising interest rates impact small businesses and ways to mitigate those effects
In the world of business, one constant factor you are likely to encounter is change, particularly in the financial landscape. One such change that can bear significant implications for small …
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Unravelling the mystery of missing profits: A guide for new business owners
Starting a business is a wild ride with its fair share of ups and downs. One hurdle many new entrepreneurs encounter is the difference between the profits they expected and …
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The differences between BAS and IAS
Running a business comes with a lot of financial responsibilities, and as a business owner, you’ve probably come across terms like BAS (Business Activity Statement) and IAS (Instalment Activity Statement). …
Free help for stressed business owners
Small business owners face a common set of challenges – limited HR or admin staff, long hours, and endless pressures. A new free service offers coaching in problem-solving and stress …
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