NSW Budget 2025: the impact for your small business
The 2025–26 New South Wales State Budget was handed down on 24 June by NSW Treasurer, The Hon Daniel Mookhey MLC. The Budget outlines a range of initiatives that will have implications for businesses operating across New South Wales. While the Budget includes broader economic measures related to cost-of-living relief, infrastructure and education investment, it […]
Setting goals for you and your business for the new financial year
The start of a new financial year is an excellent time for business owners to reflect on their current position and establish meaningful goals for the year ahead. Goal setting plays a key role in driving both personal and business growth. These goals can range from major strategic initiatives – such as business expansion or […]
Energy Bill Relief Fund: How do you claim relief?
In March 2025, the Federal Government announced an extension to the Energy Bill Relief Fund, aimed at easing cost-of-living pressures for Australian households and supporting approximately one million small businesses. An additional $1.8 billion has been allocated to the program, with rebates taking effect from 1 July 2025 and continuing through to the end of […]
Making your business work for you: passing the business to the next generation
As the owner, your business reflects your hard work and long-term goals. But succession planning is about looking beyond your own involvement – preparing the business to succeed in the hands of the next generation, whether that be family members, senior staff, or an external buyer. Below are key steps to ensure your business is […]
Reducing the uncertainty: Embracing the new reality
Operating a business in today’s climate presents significant challenges—particularly for mature, long-established enterprises grappling with the realities of a rapidly evolving global marketplace. As a seasoned business owner, you bring with you a wealth of experience and commercial insight. However, the emergence of transformative technologies such as artificial intelligence (AI), the increasing impact of climate-related […]
Business tips: Budgeting and managing cashflow
For businesses seeking to improve financial stability and drive growth, adhering to clearly defined budgets is crucial. Managing the ups and downs of project cash flow can be demanding—but becomes far more manageable when budgets are clearly set, regularly tracked, and actively managed. Use your accounting tools to: If you’re planning to expand operations or […]
How to expand your e-commerce and online sales
According to CPA Australia’s Asia-Pacific Small Business Survey, Australian small businesses may be missing key opportunities in the digital economy. The survey found that 67% of SMEs in the Asia-Pacific region generate at least 10% of their revenue from online sales—yet only 39% of Australian SMEs report the same. If your business is not yet […]
Business credit score: how to build a good credit profile
When starting a business, access to finance is fundamental to your success. The ability to secure loans or attract investment largely depends on maintaining a strong business credit score and a healthy credit profile. Establishing a good credit history can be challenging for businesses that have only recently commenced trading. Let’s examine how you can […]
Liberating you and your business with AI: procurement and cost management
Artificial Intelligence (AI) is becoming increasingly integral to the operations of many small businesses, with AI agents and digital tools forming part of a growing ‘digital workforce’ that is reshaping business practices. One significant area where AI can add value is in procurement and cost management. By leveraging AI capabilities, businesses can streamline and automate […]
“Stock Systems Will Save Me Time” – The Myth of ‘Set and Forget’
It’s common to believe that introducing a new stock control system will instantly save time and simplify your operations. This can certainly be the case if you’re moving away from spreadsheets, manual records, or an outdated system. A well-implemented stock system centralises data, reduces duplication, and removes guesswork from ordering processes. However, if you’re starting […]
