ATO audits can happen any time to a business, but now with JobKeeper, early release of super and COVID-19 cashflow boost payments, the ATO will be reviewing and auditing a lot more businesses in the future. The ATO will usually conduct a risk review initially, to determine if there are compliance issues that warrant a […]
Why Use Xero? The Benefits of Cloud Accounting
Xero offers your business a simple, yet powerful, way to manage all your finances in the cloud. With Xero as your core finance system, you get real control over every element of running your business, from basic bookkeeping right through to efficient online invoicing, live bank feeds and detailed financial reporting. Helping you run your […]
Key Strategies for Motivating Employees
Every business wants a team of inspired, engaged people working hard to achieve shared goals, but getting and keeping employees motivated can be tricky. Every person is different and what drives one person may not motivate another. For some it may be money, others want recognition, while others find motivation within themselves and just get […]
Reaching Your Customers Online at the Right Time
Of all the industries that have been disrupted by the digital age, marketing is one that has changed the most. Gone are the days when an advert in the phone book or local newspaper made the phone ring. The principles of marketing are still about understanding your customers and defining the problem you solve for […]
Does Your Business Have a CRM Tool?
Having clean, up-to-date information and data about your customers is a vital part of running your business. But recording, tracking and accessing this customer information can be tricky if you don’t have the right tools to get the job done. Client relationship management (CRM) tools offer a fast and effective way to manage all of […]
Get in Control of Cashflow
It’s a well-worn phrase, but cashflow really is the lifeblood of your business. When your cash inflows are greater than your cash outflows, that puts you in a positive cashflow position – giving you the liquid cash needed to trade, improve and grow as a business. But if costs start to outstrip your income, that […]
8 Ways to Save Time (and Money) in Your Business
Like everyone, business owners are always looking for ways to save time. Every minute spent on admin or fixing mistakes is a minute that could be spent on business-building work. When time really is money, it’s worth finding ways to reduce those tedious and repetitive tasks – and technology is the answer. Better billing – Billing […]
Tracking Your Marketing Results – Why It’s Important
When your company is spending money on marketing activity, you want to get a good return on this investment. But, more often than not, businesses spend too little time actually analysing and scrutinising the performance of their marketing campaigns and channels. Once you’ve invested in an expensive promotional campaign, you’ll want to know that the […]
Have You Got a Strategy for a Financially Stress-free Holiday Period?
Christmas holiday breaks are a chance to recharge for the year ahead especially after the year we have had. We look forward to warmer weather and finally setting up an out-of-office email for the break. However, for business owners, this time is a stressful without careful cash-flow planning. Even if you do continue to operate […]
