Download our free ebook – 3 simple steps to keep your bookkeeper happy

Hello, Christine here! I’m proud to announce the launch of my new ebook called ‘3 simple steps to keep your bookkeeper happy’ My experience in business has taught me many things. Most importantly – in order to grow a successful business, you need squeaky financial records. I know the admin and bookkeeping side of a business can be a drag. You didn’t go into business just so you could spend hours…  Read more

Identify your break-even point

Without knowing your break-even point, you can’t make informed business decisions. To cover the costs of your business you need to sell enough goods or services to reach your break-even point. Knowing where that point is, and how long it will take you to reach it, can be fundamental to your success. This especially true if you’re thinking about starting or buying a business. Calculate fixed and variable costs The…  Read more

Be Careful of the date!

This is a trap for new players – and I might say, old players as well. Be careful of mixing up the dates – that is the months and the change of year. If you use the data from your bank feeds, you will NOT have any problems, however if there are any manual entries you need to be very careful! The usual error is xDecember 2019 or xJanuary 2018…  Read more

Cyber Security – the risk that is always lurking out there!

typographyimages / Pixabay Whilst the hackers and scammers have been out there for years, it seems they are moving to a whole new level. With the new Cyber Security laws that came in February 2018, anyone in charge of sensitive information (think employee details – for starters) needs to be more careful than ever. Here’s a link if this is news to you: https://www.oaic.gov.au/privacy-law/privacy-act/notifiable-data-breaches-scheme It seems the weakest link are people…  Read more

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