Your balance sheet (now more correctly called a Statement of Financial Position) reveals a great dea
Read MoreIf you’re like most small business owners, you spend the majority of your time managing daily
Read MoreWe’re so proud to announce our new website is live! We’re really excited to launch our new webs
Read MoreKeeping track of sales, earnings, expenses, and purchases is fundamental to the overall health and s
Read MoreASIC has issued a serious warning about an issue that many company directors may have not considered
Read MoreWorking is as synonymous with adulthood as play is with childhood.Most people work from 47 to 55
Read MoreMost small business owners who use accounting software quickly master the basics. They automate proc
Read MoreWe have all most likely done it from time to time. It could have been whilst dating, attending a j
Read MoreAlthough most entrepreneurs recognize the importance of careful financial management, few want to sp
Read MoreThe start of a business is an exciting time. You’ve got a great idea for a business and are enthus
Read MoreA recent survey of over 500 small business owners about what they love and hate most about owning t
Read MoreReceipts are vital to successfully running a business. You need receipts to track your purchases and
Read MoreIf you’ve just started working with Xero, it is normal to make a few mistakes while you’re learn
Read MoreOn average, small business owners spend 10 hours each week recording, organizing, and processing fin
Read MoreMany remarkable entrepreneurs, including Warren Buffet, Sheryl Sandberg, and Richard Branson, have c
Read MoreWhile offering credit is a valid way to increase your customer base and the demand for your goods an
Read MoreDon’t be left up in the air by traditional IT solutions. Check out the top 9 advantages for small
Read MoreIf your business hasn’t made it a habit to support a good cause, here’s why you should: giving b
Read MoreAs a business owner it’s important to take time away from work.But worrying about whether staf
Read MoreNew Year resolutions – we’ve all made them, and broken them − often before the end of January.
Read MoreThe Australian government has made some important announcements over the past few months with regard
Read MoreThe turn of the year usually prompts most people to think about some business planning for the year
Read MoreMany businesses host Christmas parties and give gifts to their employees as appreciation for a year
Read MoreMost people are aware that a director can be held personally liable for their actions, or the action
Read MoreDeciding on an online marketing plan can be overwhelming for small business owners looking for affor
Read MoreMany entrepreneurs believe that hard work and dogged determination are all it takes to build and sus
Read MoreDigital signing, versus the traditional “wet” signature, has become increasingly popular
Read MoreBeing open to new possibilities is a positive trait shared by most entrepreneurs—but saying ye
Read MoreOwning your business requires many skills, and among the most important might be the ability to mana
Read MoreYou may have heard differing reports on the actual numbers of Australian small businesses that do no
Read MoreMany small business owners assume that cyber attacks only happen to big companies, banks or governme
Read MoreIf you have knowledge of accounting software and tax laws, then it is possible to manage your busine
Read MoreAs a business owner, understanding business trends can help keep your business competitive, whet
Read MoreMost small businesses experience cash flow problems from time to time and urgently need working capi
Read MoreSmall business owners often feel that they have to do something to stand out from the crowd and attr
Read MoreVery few business owners have the means to operate without borrowing at start up, or later on when i
Read MoreSteady, reliable cash flow is crucial for the survival of your business – so taking steps to ensur
Read MoreTraditionally, employers have relied on giving employees raises as a way to retain their staff and r
Read MorePerhaps you’d always planned to build a thriving business to eventually sell for a tidy sum &n
Read MoreIt’s been reported that the Australian Taxation Office’s (ATO) business debt has doubled from 24
Read MoreFor an online business owner, scarcity is a valuable tool that can turn a failing product into a win
Read MoreFinancial independence is an important goal for many people. It means you have the ability to suppor
Read More“For a list of all the ways technology has failed to improve the quality of life, please press thr
Read MoreSmall businesses are being warned that their old domain name category could leave them open to fraud
Read MoreTaking out a business loan may be your first plan of action for financing business growth. But there
Read MoreIf putting together your estate plan isn’t at the top of your priority list, you’re not alone. I
Read MoreBusinesses are increasingly moving online to expand their reach and provide the best possible experi
Read MoreWith the potential for business life to return to something resembling normal, it’s a good idea to
Read MoreIf you want your business to continue growing and thriving, you’ll need to find ways to bring in n
Read MoreSometimes you want to try something new when it comes to networking with other business owners. Here
Read MoreAre you expecting a bigger tax bill this year due to a capital gain or additional income that you ha
Read MoreAs a parent, you may worry about how to ensure your child can receive a post-secondary education. Co
Read MoreEarly retirement may sound like a big dream, but it is achievable if you’re willing to do some pla
Read MoreWhen it comes to an investment strategy, there are an almost endless number of paths you can take. D
Read MoreWhen you’re in business for long enough, you’ll likely come up with new ideas you want to try. I
Read MoreWhen it comes to your finances, it’s a good idea to check in on your progress periodically, to see
Read MoreThe working environment of the past 2 years has brought the concept of burnout to the forefront. Une
Read MoreAs part of the Australian Government’s Digital Economy Strategy, $1 billion is being provided to s
Read MoreThe cost of living is on everybody’s minds at the moment, with many families seeing their week
Read MorePayroll is one of those things that starts out simply enough. You start your business, hire a few em
Read MoreIn the next months, people across the country will be looking to lodge their tax claims which gives
Read MoreWelcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move
Read MoreThe world of investing is daunting for many people. There’s so much to learn and a lot of terminol
Read MoreWhether it’s for personal use or for your business, cash flow is important. The movement of money
Read MoreMeetings are often a source of contention in the workplace. Have too few meetings and people feel di
Read MoreWhat’s driving the much-discussed skills shortage across Australia and how can your business compe
Read MoreComplaints are an unfortunate part of running a business, but they do happen. No matter how hard you
Read MoreWhen we think of governance, it is often large corporations and their boards - rather than SMEs - th
Read MoreMost companies need a website to conduct their business, but it’s also a critical piece of the puz
Read MoreWhen you think of financial planning, you probably imagine ways to increase your wealth, such as mak
Read MoreThe Albanese Government has put in place legislation that will remove the Fringe Benefits Tax on ele
Read MoreIt seems that every news outlet is sounding the alarm about high inflation these days. While it migh
Read MoreThe Doom Sayers are out in force and the media is beating up these negative stories yet again. But
Read MoreWikipedia defines a cryptocurrency (also known as crypto-currency, or crypto) as a digital currency
Read MoreIt’s an inevitability in every business – you have to raise your prices to continue making a pro
Read MoreSmall businesses are growing, hiring more staff and defying the economic downturn according to a sur
Read MoreAs people place more and more value on social proof, word-of-mouth marketing is becoming crucial. Bu
Read MoreReducing the working week by one day is gathering steam in many places worldwide, but what are the b
Read MoreThere are many types of insurance for individuals and businesses, and choosing the right ones for yo
Read MoreThere are a few different methods that employers use to pay their employees, and while they may have
Read MoreWhen it comes to hiring seasonal employees, business owners tend to fall into two groups. Some look
Read MoreSmall business owners are struggling with the regulatory environment including Single Touch Payr
Read MoreChina’s harsh lockdowns have impacted global supply chains and forced a rethink.Global supply
Read MoreAs prices continue to rise, you’ve likely noticed that your cost of doing business has increased a
Read MoreWhen you start a small business, it’s usually only you behind the whole operation. You wear many h
Read MoreWorkforce shortages are hitting businesses of all sizes hard, and there’s now even more pressure f
Read MoreQueensland rental property owners can get guaranteed income for their property if they take part in
Read MoreWhen starting a small business, business owners often think about things like the storefront, brandi
Read MoreIn a world with endless distractions, it’s no wonder that we find it difficult to complete tasks.
Read MoreOnline retailers who use “greenwashing” and customers making fake reviews are the targets of a n
Read MoreUpgrading or changing your payroll system comes with a ton of wonderful benefits. Saving time and mo
Read MoreNearly a third of small-business owners are losing sleep over the stress of running a business.T
Read MoreFew business owners enjoy breaking the news of an upcoming price increase. However, when you own a b
Read MoreCryptocurrencies have come a long way since they were seen as just ‘Bitcoin’ only a few years ag
Read MoreMore than $532 million in underpaid wages for 384,805 workers was recovered by the Fair Work Ombudsm
Read MoreWhen it comes to scams, prevention is better than a cure. It can be difficult to recover money lost
Read MoreQueensland small-business owners are being urged to consider their mental wellbeing and make use of
Read MoreThere’s a very important deadline coming up on 30th November. The ATO is urging those who haven’
Read MoreA business that involves inventory is exciting to set up, but it also comes with its share of challe
Read MoreThe holiday season is without a doubt the busiest time of year for many retail businesses. It’s a
Read MoreFor many people, managing stress and anxiety from work can often spill over into their general life.
Read MoreThe holidays are officially upon us, and chances are you’re starting to feel a bit spendy. It’s
Read MoreDepending on the nature of your business, you may have workers who are employees or contractors, or
Read MoreOnly a quarter of Australia’s small businesses have a natural disaster and continuity plan in plac
Read MoreEconomic challenges are expected to continue into the 2024 financial year, from inflation and supply
Read MoreThe holiday season is typically busy, whether you run a retail business or a service-based one. If y
Read MoreIt's an unfortunate part of every property investor's journey that they will most likely eventually
Read MoreIndividuals and small businesses can now access a new free online tool that will allow them to t
Read MoreAustralian small and medium-sized businesses are harnessing the power of online stores and export op
Read MoreIt’s a tricky time to be operating in the construction industry. As seen with the recent collapses
Read MoreThe refunding of excess franking credits supersizes the benefits of share buybacks and listed entiti
Read MoreThe end of the year tends to be a bit chaotic for business owners, but it’s actually a good time t
Read MoreWhether you’re just starting out or have been in business for a while, financing is probably somet
Read MoreIt’s no secret, small businesses face incredible headwinds going into 2023. You may be tempted to
Read MoreYour business is an important asset and one day it is likely you will exit. To achieve the best ou
Read MoreIt has arrived! Carpe Diem! Time to seize the day and the year and make it your best ever!Wi
Read MoreWhatever the new year has in store for you, your finances can sometimes play a major role in reachin
Read MoreInduction, or orientation, is the process of introducing a new worker to the workplace and your busi
Read MoreExpense claims running to thousands of dollars for occasionally rented holiday homes fail the pub te
Read MoreWith the festive sales season in full swing during school holidays, it is crucial for businesses
Read MoreThe importance of workplace training isn’t always recognised, particularly if employees have been
Read MoreThe birth of a baby can turn new parents' lives upside down, especially if sleep-deprived night afte
Read MoreAs the Fair Work Ombudsman (FWO) cracks down on businesses underpaying staff, accidentally or otherw
Read MoreInflation has ballooned worldwide in recent months, and there’s no question that small businesses
Read MoreAt this time of the year, most of us are looking back at what we achieved last year and what we woul
Read MoreWhat do you do when things don't go to plan? Do you blame yourself or others? Do you wish things
Read MoreMost business owners don’t start their companies because they enjoy selling; they do it because th
Read MoreYou can’t get through the news these days without hearing about inflation and how rapidly it’s i
Read MoreSmall-business owners are being urged to take time out in the new year to take stock of their mental
Read MoreUnfortunately, fraudsters are out there. They want your money, your identity, or both, and they’re
Read MoreThe new laws include giving employees the right to share (or not share) information about their pay,
Read MoreBusinesses have had a strange few years, with one unprecedented event after the next spurring signif
Read MoreFeeling that inflation crunch?It’s no secret that prices are going up everywhere. And it might
Read MoreGone are the days where businesses had to rely upon paper-based applications when assessing new clie
Read MoreThere are now more than 35,000 Pacific Australia Labour Mobility workers in Australia — an increas
Read MoreRegardless of the industry, employee wellbeing is essential to creating a healthy workplace environm
Read MoreYou’ve likely heard the phrase “in the black.” Your balance sheet is the tool that shows you w
Read MoreAccounts fraud could happen to any business, at any time. That’s why it’s essential to have a pl
Read MoreIf you have a mortgage you would be well aware of all the recent interest rate increases which are d
Read MoreMany Australians who work from home will lose up to $1,300 a year in tax benefits following a review
Read MoreKeeping clients happy can be challenging in today's business environment. Customers have higher expe
Read MoreIf your business is growing you may find yourself with a need to purchase equipment or other assets
Read More2023 is expensive. The cost of living is higher than ever, interest rates keep rising, and it keeps
Read MoreWhen starting a new business, the first consideration should be what structure you plan to operate i
Read MoreHappy International Women's Day!It is well established that financial literacy is a key componen
Read MoreDeciding to purchase something to help your business is a big decision. It can be difficult to part
Read MoreWhen you invest your money, it’s a given that you’re willing to take on some amount of risk. The
Read MoreSmall businesses could be caught out by the cut-off date for instant asset write-off and be unprepar
Read MoreResearch has shown women in small businesses face a tougher time in getting finance, but Westpac Ban
Read MoreWhen it comes to planning for the future, creating a trust can be a wise decision for many people. T
Read MoreWhat Are Accounting Apps? Accounting apps are software programs that allow you to easily access you
Read MoreStarting a business is not for the faint of heart. A certain level of stress comes with carrying the
Read MoreEstate planning is an important process that everyone should undertake to ensure that their assets a
Read MoreAs a small business owner, you’re likely already aware of the importance of keeping your finances
Read MoreA succession plan is something every business owner needs to prepare for the inevitable – the day
Read MoreWelcome back to this series on succession planning. Part 2: Important planning considerations Befo
Read MoreWelcome back to this series on succession planning. Part 3: Selling your business If you plan to s
Read MoreWelcome back to the final instalment of this series in succession planning. Part 4: Drafting your e
Read MoreAs a small business owner, it’s essential to find ways to manage your inventory effectively to red
Read MoreA little more than a century ago, most people in industrialised countries worked 60 hours a week –
Read MoreWhen it comes to running a small business, maintaining a healthy cash flow is essential for sustaina
Read MoreAs businesses grow, managing inventory effectively becomes crucial to staying competitive and mainta
Read MoreIt’s quite common for people to structure their professional affairs by setting up an entity to ru
Read MoreIn today’s fast paced business world, technology has become as essential to success as a great ide
Read MoreWhen you are setting out and everything is moving so quickly, it’s easy to deviate from where you
Read MoreManaging family finances can be a daunting task, but with the right tools and mindset, it can be a s
Read MoreThe ATO has introduced a 4.20 cents per km rate for home-charging electric vehicles (EV). The rate i
Read MoreDebt can be a significant burden on one’s financial life. It can cause stress, anxiety, and make i
Read MoreStarting a small business is both exciting and daunting. While the entrepreneurial spirit may drive
Read MoreAs the population of older Australians increases, it is a sad reality that more Australians will lo
Read MoreFeeling safe and secure is a basic and innate human need; We all have this! And without it, we can f
Read MoreAs the end of the financial year (EOFY) approaches, it is important for businesses to prepare themse
Read MoreMost small business owners start out with a good business idea but little concept of what it takes t
Read More1. Build credibility quickly Why should people buy from your business? Your first challenge is to o
Read MoreYouTubers, Uber drivers and influencers earning extra or running a business will be picked up by dat
Read MoreOperating at a loss simply means you’re spending more money than you’re making. And while it’s
Read MoreDepreciation is basically a reduction in the value of an asset over time. What this means for your b
Read MoreUnderperformance means an employee is not carrying out their work to the required standard or in acc
Read MoreCrafting the ideal successor for your business When you’re busy running and growing your business
Read MoreCybersecurity Best Practices for Small and Medium-Sized Businesses In our digital age, cybersecurit
Read MoreEmployers must handle redundancies with care – not only when it comes to legal requirements, but a
Read MoreRetirement is a significant milestone that brings with it the need for careful planning and financia
Read MoreSaving for retirement is an important financial strategy but how can you maximise your savings? Re
Read MoreLike beauty, value is in the eye of the beholder. Your business is worth what the highest bidder thi
Read MoreAt some point in its lifetime, every small business suffers from cash flow problems. The trick is to
Read MoreAccounting problems can have serious consequences for your business and are definitely worth avoidin
Read MoreHow often do you feel like a superhero, taking on the world and tackling everything that comes your
Read MoreAs a small business owner, you know the importance of getting the word out about your company and en
Read MoreIt’s hard to go a day without reading something in the news about the state of the economy. Whethe
Read MoreAs a business owner, you know that the right people are crucial to your company’s success. The bes
Read MoreIn the fast-paced digital age we live in, the practice of ghosting and the rise of cancel culture ha
Read MoreAs a small business owner, you may be considering enabling a remote work environment. With the rise
Read MoreFinland has been named the world’s happiest nation for the sixth year running. The small nation do
Read MoreNo matter what size your business is, or what industry you’re in, supply chain management is often
Read MoreAustralia’s skills shortage remains a challenge for employers, with businesses now more willing to
Read MoreTwo new innovation-focused tax incentives were legislated recently: the Technology Investment Boost
Read MoreSo, you’ve bought crypto. You’re not alone. Though the statistics are inexact, some surveys sugg
Read MoreAs a small business owner, you always look to keep your business running efficiently. Expense reimbu
Read MoreIt seems like the perfect storm has hit, with rising interest rates and inflation soaring. As a resu
Read MoreFor a small business owner, managing finances can be a daunting task. Keeping track of expenses, pay
Read MoreAs a business owner, the thought of selling your company can be quite daunting. You’ve poured your
Read MoreLiving with a mental illness can be challenging, and one aspect of life that may seem particularly d
Read MoreStarting a new business can be incredibly exciting, but it’s important to thoroughly evaluate your
Read MoreAs a business owner, it’s crucial to understand the power of social media marketing. Social media
Read MoreHere are seven reasons why it's critical to use the correct structure for your business:Liabil
Read MoreEven if you have outsourced your financial functions, as a small business owner, it is crucial to ha
Read MoreAssessing the viability of your new idea is an essential part of market research. While seeking inpu
Read MoreAccording to a recent survey from PwC, 60% of full-time employees are stressed about their finance
Read MoreEvery business encounters financial challenges at one point or another. But when the going gets toug
Read MoreXero Beautiful Business Fund applications are now open! Xero recently announced the launch of the X
Read MoreSo, you have a great idea. You have dreamed of how it can work and everything adds up in your mind
Read MoreIn the business world, cash flow remains the lifeblood that keeps your operations running smoothly.
Read MoreThe Commissioner of Taxation wields considerable authority under subsection 126A(2) of the Superannu
Read MoreAsset protection refers to the strategies used to safeguard wealth and assets from potential risks,
Read MoreAs a small business owner, you’re likely already wearing many hats. But the hat of a financial ana
Read MoreSmall business owners face a common set of challenges – limited HR or admin staff, long hours, and
Read MoreStarting a business is a wild ride with its fair share of ups and downs. One hurdle many new entrepr
Read MoreIn the world of business, one constant factor you are likely to encounter is change, particularly in
Read MoreStarting a new business is exciting, but it also comes with its fair share of responsibilities. One
Read MoreWhen it comes to running a thriving business, understanding and effectively managing your working ca
Read MoreAn ATO payment plan allows you to break down your payment into smaller amounts made via instalments
Read MoreA ‘death benefit nomination’ is a legal document that allows a superannuation fund member to spe
Read MoreUnderpaying employees occurs when workers are paid less than the minimum wage or are not provided wi
Read MoreIn the unpredictable world of business, finding a little certainty can make all the difference. Whil
Read MoreAs a business owner, have you ever been caught short of cash? What if I told you that the solution t
Read MoreAs a small business owner, you probably know it’s important to have an engaging website that refle
Read MoreThe phrase “work on the business, not in it” comes from Michael E. Gerber’s book, “The E-Myt
Read MoreIn today’s digital age, online reviews can make or break a small business. With the ease of ac
Read MoreAs the year comes to a close, I wanted to take a moment to express my deepest gratitude for my speci
Read MoreAs the year comes to a close, it can be a good time to reflect on your habits and make positive chan
Read MoreWhen starting a business, you often wear all the hats – CEO, salesperson, marketer, and even janit
Read MoreAs a business owner, you often find yourself pulled in different directions by competing responsibil
Read MoreLet’s talk about your phone habits. It may not be a pleasant topic to discuss, but it does matter.
Read MoreWhen was the last time you felt that you had a week’s worth of energy to pour into just four days
Read MoreAs a business owner, you’re the architect of your business’s vision and culture. But in the hust
Read MoreMarketing can feel like a daunting task for small business owners. If you’re new to the game, or m
Read MoreCustomer service is the heartbeat of any successful business. It’s the unsung hero that transforms
Read MoreIf you’re considering selling your business, the process should begin long before you put the ‘F
Read MoreWhen you run your small business, you have a lot on your plate. That makes it tempting to let some t
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