Creating a budget for your small business doesn’t have to be a complicated process.
The rate of job losses as a result of the economic downturn has slowed down, with the number of Australians out of work suppressed to under a million, according to new figures from the Australian Bureau of Statistics.
In this short article we consider three of the Australian Government’s COVID-19 stimulus measures; JobKeeper, cash flow boost and access to super, and what you should be doing now.
All businesses experience risk. Government restrictions can be a risk. An economic downturn can be a risk. A slowdown in freight movement can be a risk. Kyla Kirkpatrick, founder and CEO of Emperor Champagne, speaks about innovating during a pandemic, when everything you thought you knew is upended and all the risks a business may face are laid bare at once.
The government is providing critical financial support for eligible businesses and their employees through the JobKeeper stimulus package.
When you receive an email, and it seems suspicious, take the time to look into its different elements.
This workaround won’t take you more than a few minutes each month.
These two steps are the foundation of your business plan. Without them, it will be challenging to create one. But why should you bother with a business plan?
Working with an accountant during the early stages of your start-up ensures you have the right foundations for your business.
A communications agency veteran shares why maintaining your audience's trust is the most important factor.
Companies that offer remote work, but don’t have tools or processes in place, may suffer from communication gaps.
You're not alone, but there is an action plan.
A business continuity plan (BCP) is a comprehensive plan with contingencies for business processes, assets, human resources, and business partners in case of an emergency.
The JobKeeper payment is available to employers operating from most business or non-profit entities including companies, partnerships, trusts and sole traders.
I do remain my own boss. And this is worth taking the challenge!
Don't worry, the tips are here!
First things first, grab a cup of tea.
The ATO has stopped short of making its small business independent review service a permanent feature as it expands and extends the pilot program until the end of the year.
Check out the latest updates for small businesses and advisors, plus a peek at what’s coming soon!
Rеgulаr busіnеss dеаls wіth ехреnsеs, rеvеnuеs, рrоfіts, аnd lоssеs.
There will be times when circumstance will test your integrity and honesty. Never waver. Stick to your values and keep pushing on.
Join weekend bazaars, meet-ups, and forums.
Are you ready to become a happy and successful small business owner?
Here are some tips on the technology that will have an immediate effect on your business.
Hyperconnectivity is hurting your creativity. Reset with some solitude.
To find financial success, you need to invest in your support system.
The good news: You don’t have to burn a ton of cash during your redesign and rebranding.
Marketing is crucial for the growth of any company, and if used well, the sky is, no doubt, the limit.
Why the right people, assets and revenue predictions will matter most to investors.
Accountants and bookkeepers will need to closely track the trends to stay ahead of changes in industry, regulation and policy.
Something to consider: Business owners who meet with their accountants monthly tend to view them as their most trusted advisors, consulting with them for business advice more often than family, friends, and even their lawyers.
If you know what type of positions to advertise for you’ll empower your company to become more effective in the long run.
Once you have your feedback organized, you’ll have a goldmine of ideas for improving every facet of your products and customer experience.
Self-confidence is your biggest weapon and tool when it comes to entrepreneurship or a startup. Wear it proudly!
There are many ways to get funding for your business.
Everything you need to know about how to start a business.
A look into how and what sustainable businesses look like
King was a visionary. He was a man who had a dream bigger than the times in which he lived.
There are situations in which you value the best-of-the-best.
Inefficient processes exist at nearly every company, regardless of size or turnover.
Emails. Phone calls. Meetings.
By investing in enterprise management systems and intelligent apps, buildings can become more than just a workplace
Tips and tricks for your interview
2020 holds numerous victories for your business.
Pick a thing from your personal to-do list and accomplish it, it helps a lot.
I have some of my own ideas about this, but I polled some of my smart friends and they came through for me with some great perspectives. Let’s get into this fascinating debate.
Every good party needs some core elements to be a success
The insights from these discussions will help our teams manage workplace stress, better support one another, and encourage individuals to prioritize their own personal wellbeing
If you discover that the customer didn’t complain about a specific thing but instead was ranting about nothing in particular, that could be a ticket to the bin.
Staying diligent, no matter what includes taking time to implement these small measures.
Don't start with too much money. (Yes, really.)
Operating activities, investing activities and financing activities.
Before any talk, I know my material cold. I don’t read from slides. I don’t talk from notes or a script.
In as much as emotional intelligence is a fundamental skill, you must possess, the way and manner various individuals choose to attain this feat is variant.
Do you know how to design a functional, well-fitting logo?
It's time to stop worrying about what other businesses are up to.
Being cautious and disciplined with your finances can be the difference between maintaining your project so that you can eventually succeed and be completely bankrupt.
The quote “awareness brings progress'', is not a cliché; but however, a general rule of thumb.
This faster delivery of internal IT systems would also give us more credibility and currency.
When it comes to making sure your business is doing better for the sake of the planet, it can all feel a little overwhelming.
The most important personality traits to look for in remote employees are self-motivation and discipline.
Read our tips on gaining self-confidence, so you can achieve the dreams and goals you have created.
A leader plays an active role in the realisation of set goals and objectives
Stress makes us stronger, and rest makes us last for longer
Radiating warmth and friendliness will help your new employee feel relaxed and excited to start working.
Always remember to address the root cause of the problem; stop beating around the bush
You’re just starting out, which means you need money. And quickly. Trust me, as a former small business owner, I get it.
Your subject line is crucial if you want your emails to be opened & read by your prospects.
It usually takes several touchpoints for anyone to decide to purchase, so we need to hit potential customers from different angles.
When trying to find ways to engage new generation workers, consider these two thoughts; first, are millennials, and the older generation needs different?
Nobody can act you more than you! If you would be making huge financial decisions, you might have to consider several factors- both personal and financial.
The best way to stay in tune with your customers is to understand your customer; a way to do that is by being your own customer.
Because we all know any conference day is a long one.
You can become famous through luck. But becoming known and a trusted a personal brand requires consistent work over many months, and perhaps even years.
No matter how strong your passwords are, chances are that sooner or later they can be breached.
Stress is an unavoidable consequence of our everyday work lives. There are going to be times where we’re going to deal with it, and there are going to be times where all it seems like it’s doing is piling up and finding its way into our personal lives.
The most easily executed strategic plans are no more than 2 pages long
One of the most common issues seen when businesspeople find themselves in trouble with debt, is that they don’t actually know what they might actually be liable for.
Having a certification would not only give you an edge in the accounting labour market, but it would also increase your earning capacity.
In the early days of media, you had a daily newspaper, three network television stations, and some magazines.
Being able to see the world from others point of view is such a beautiful talent- don’t waste it.
On average, business people receive about 90 emails each day and send about 40
Your small business can make a big carbon-cutting impact! The 6 steps to running a carbon neutral business and why it’s the must-make business move of 2019 – all explained here
Not everyone understands how to appropriate the use of social media when it comes to marketing.
A fifth of small businesses don’t have an accountant. As they grow, they’ll eventually want to get one. So how do you welcome those fresh young businesses into your practice?
Email has been around since the ‘70s but it’s still our favourite form of online communication. Because of that, email newsletters are a great marketing tool and offer some of the best returns on investment in the industry. So how do you do it well?
Bruce Earle’s clients might not recognise the beanie wearing, craft-beer drinking, fan of “the Boss” (singer/songwriter Bruce Springsteen) outside of work days at his accounting practice. But Bruce has always been one do things a bit differently.
This article will be focused on how users can deal with cases of abusive emails.
Instead of waiting for marketing agencies to do the work, it is time for companies to start branding themselves.
An audit report could be either summarized or lengthy.
The three major forms of business activities are financing, investing and operating.
The same things happen to everyone in different ways.
My nine most important lessons from investing over the past 35 years are that: there is always a cycle; the crowd gets it wrong at extremes; what you pay for an investment matters a lot; getting markets right is not as easy as you think; investment markets don’t learn; compound interest applied to investments is like magic; it pays to be optimistic; keep it simple; and you need to know yourself to succeed at investing.
Over 5,000 firms rely on Xero Tax to lodge their tax returns
Take stock of the assets you have and create a realistic plan to define your purpose, gather resources and develop market insights.
From small to large, accounting practices of all types can be effectively thinking ahead.
A good succession plan can secure a business owner’s legacy, and their retirement. Why not help your clients come up with one? It could be one of the most important and enduring things you do for them. Here’s how to get the process started.