How a “virtual cfo” can help you grow your business

Every business can benefit from dedicated financial management expertise, but very few small businesses have the means to hire someone full time—particularly in the lean early years. Unfortunately, it’s those first few years when a company is just starting up that establishing good habits with managing financial resources is so important, and, over time can even make or break a business. Hiring a virtual CFO is an affordable option for…  Read more

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

Single Touch Payroll deadline looming

If you have employees you need to be ready for Single Touch Payroll! You’ve probably heard about Single Touch Payroll by now. It’s a pretty big deal for any business that has employees. So…what do you need to know and how does it affect you? Hint: Contact us! Keep reading to find out more. What is Single Touch Payroll? Single Touch Payroll (STP) is a new way to do your…  Read more

Systematise, Systematise, Systematise!

While there are many keys to business success, most successful businesses have a range of systems and processes in place. This can take the form of (a) internal procedures/manuals/checklists for staff on how to perform various tasks (b) putting processes in place for staff to record how they spend their time and (c) checklists for clients on what you require from them in order to undertake work for them. Setting…  Read more

How to create a good culture

Human Resources The talent pool for many industries can be very shallow. In order to attract and retain quality staff, workplace culture is crucial. The ‘feel’ in a workplace can often be as important to employees as salary or career path. In many instances, you can draw ideas and inspiration from your staff as to how they want the culture and environment to develop. Here though are some ideas you…  Read more

Changes to obtaining an ABN – Good news!

We live in a highly regulated country – no argument there.  There are two things in life that seem largely unregulated in Australia and can have huge implications on everyone’s lives – businesses and babies! Now, I don’t think I have the time nor money (but certainly the conviction) to tackle the subject of people having more foresight before ending up with that bundle of joy, but I can at…  Read more

Do you want a digital makeover?

You need to be in it to win it!!!! I have filled it out – and it is not too onerous – particularly if you happen to end up in receipt of one of the prizes! If you think you need to learn how to be a digital champion, follow the links in this article http://www.pubacct.org.au/news/small-businesses-invited-apply-digital-makeover?utm_source=IPA&utm_campaign=IPA_Bulletin04_01_18&utm_medium=email  Read more

It’s hot out there

Well for anyone who has lived in the Riverina – none of this is news.  None-the-less we need to remember to take precautions for ourselves and our fellow workers.  If you have choices of when you do the “outside” chores/deliveries/services make sure you do so. If you happen to be a tradie who probably has no choice – as he is heading out to fix YOUR air conditioning…. be careful,…  Read more

Customise your Facebook feeds – the right way!

There are a lot of posts going around at the moment on how to fix the Facebook algorithm – personally, I don’t see how a copy and paste will mechanically fix that!  I suspect it does make a difference temporarily as people who you haven’t interacted with will actually comment or post – but this is just luring you into a false sense of achievement! Here is another theory on…  Read more

Working ON your business instead of IN your business

While you are taking a well earned break, maybe sitting at the beach watching the waves roll in… contemplate what you have done well and what you haven’t done so well –  set some goals and see how your plans can be improved in 2019. Take a bit of time to work ON or business instead of IN your business. These goals can be business or personal – as sometimes…  Read more

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

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. It seems the weakest link are people – you and…  Read more

Work-Life Balance

Get it all sorted It ’tis the season! Whilst there are many things to reflect upon over the festive season – in both the business and personal life – perhaps the work-life balance is more important than any other topic!   The following article has just a few simple tips – and can you believe it? From a bank!   Prioritise what you need to do and work out what…  Read more

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