A recent survey of over 500 small business owners about what they love and hate most about owning their own business. Unsurprisingly, flexibility and feeling in control ranked first in the …
The start of a business is an exciting time. You’ve got a great idea for a business and are enthusiastic to get started. It’s important to plan ahead to give …
Read More… from Top 3 reasons start-ups fail and how to avoid them
Although most entrepreneurs recognize the importance of careful financial management, few want to spend their time dealing with numbers. Unfortunately, not keeping a close eye on your income and expenses …
Read More… from 5 Common Bookkeeping Pitfalls — and How to Avoid Them
We have all most likely done it from time to time. It could have been whilst dating, attending a job interview or business conference, or meeting your partner’s family for …
Most small business owners who use accounting software quickly master the basics. They automate processes like invoicing and payroll, track expenses and view real time financial reports to manage cash …
Read More… from How Accounting Software Can Increase Profits
Working is as synonymous with adulthood as play is with childhood. Most people work from 47 to 55 years of their lives before retirement. So, it is safe to say …
ASIC has issued a serious warning about an issue that many company directors may have not considered. Particularly, those companies who have only a sole director. Here’s what the corporate …
Keeping track of sales, earnings, expenses, and purchases is fundamental to the overall health and sustainability of your business. Effective bookkeeping produces the data you need to evaluate your current …
We’re so proud to announce our new website is live! We’re really excited to launch our new website which you can check out here: https://sumzplus.com.au/ We hope you like the …
If you’re like most small business owners, you spend the majority of your time managing daily operations, keeping customers happy, and looking for new ways to grow. Spreadsheets, cash flow …
Read More… from Tips to Keep Your Business Finances in Order
Your balance sheet (now more correctly called a Statement of Financial Position) reveals a great deal about your business, including the total value of your assets – the things you …