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Budget is not a dirty word!
February 4, 2019The importance of budgeting for small businesses. To many small business owners, ‘Budget’ is a dirty word. Maybe it comes from politics, maybe we are scared off by the dreaded ‘household budget’ but the bottom line is that many business owners go through life without exploiting the power of budgeting in their business. A budget, […]
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Efficiency and accuracy with Payroll Online
January 7, 2019Modern payroll systems to make employers and employees’ lives easier! Payroll systems have come a long way in recent years. Seamlessly incorporating cloud and mobile technology, the modern payroll system can result in more efficient and accurate processing by the employer and an easy to use mobile experience for the employee. Single Touch Payroll commenced […]
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Ho! Ho! Ho! Where’s my cash flow?
December 4, 2018The small business owners, Christmas woe. Christmas comes but once a year… but for many small business owners, that’s one too many times. Whilst many of us are reveling in the festive season with family and friends, for the small business owner it can be a time of long hours, high stress and no cash. […]
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Why does my profit continue to grow but my cash flow is still low?
November 21, 2018High profits does not always equal strong cash flows. There’s nothing more frustrating as a business owner than having your accountant tell you that you’re making strong profits, however still struggling day-to-day to pay bills when they become due. A common misconception in business is that a strong profit means a healthy business but high […]
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Working with Millennials
October 31, 2018How to deal with the entitled generation! Are you a business owner dealing with the new wave of employees? Millennials. The entitled generation. They’re addicted to screens, they’re lazy, they can’t stick to commitments. Is this your preconceptions of Millennials? If so think again, these so called negatives can also be beneficial to your business. […]
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Converting sales into cash!
September 18, 2018Met your sales forecast but still no money in the bank? So you’ve met your sales targets but are underwhelmed by the amount of cash in the bank? Here are five tips to help you convert sales into cash. Chase unpaid invoices You may think that it’s okay to have overdue customer invoices, because they’ll […]
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Long service leave changes are coming – is your business prepared?
September 11, 2018Summary of Long Service Leave changes The Victorian Parliament recently passed the Long Service Leave (LSL) Act 2018, which repealed the Long Service Victoria Act of 1992. The new Act will come into effect on or before November 2018. In the new act there are a number of changes for employer’s to be aware of: […]
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Looking outside in for a business owner
August 31, 2018Spend more time working on the business rather than in it! The majority of business owners wish they could be less involved in the day to day operations of their businesses. They tend to find themselves involved in every aspect of a business from answering the phone to packing boxes. They feel they have to […]
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Top tips for a successful family business
August 15, 2018Do you want to create a successful family business? Every business is different but the family dynamic brings a unique element to the operations. There is definitely no ‘one size fits all’ model for a family business! While running a family business is complex, it comes with a competitive advantage. Family business’ often have a […]
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The importance of customer service
July 30, 2018How do you create the best, unique customer service plan for your business? Customer service. Often talked about but more often, given mere lip service. What is your business doing to create a truly unique customer experience? In this article we explore some strategies to achieve sustainable change in the way you treat your most […]
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