Meeting the environmental expectations of your customers

As environmental consciousness rises, small businesses in 2024 face increasing pressure to adopt sustainable practices and reduce their carbon footprint. But going green means being able to balance your desire to run a sustainable, environmentally conscious business with the pressing need to remain economically and strategically viable. Meeting the environmental expectations of your core customer […]

Holiday cash flow for your small business

Are you heading away for a break from the business this year? This time of year can be hard on small business. Your expenses continue and your cashflow can suffer when your debtors go on holiday. Leading up to the holiday period, is your business cash flow in good health to carry you through? With […]

How to handle temporary shutdowns

Many Australian businesses temporarily shut down at some point during the year, commonly over the Christmas-New Years period. With a bit of preparation and know-how, employers can manage the annual shutdown seamlessly and lawfully. For most of us, the lead up to Christmas is a hectic time. Work and personal commitments can escalate in the […]

Fringe Benefits Tax and Business

Benefits provided to employees or their associates in addition to salary or wages are known as fringe benefits. These benefits are paid for by the employer from pre-tax earnings, making the provision of benefits attractive to employees as it may reduce their taxable income while receiving payment in other forms. Fringe benefits tax (FBT) may […]

Using data analytics to give your business a competitive advantage

Data analytics is rapidly changing the way businesses are operated. By making use of your financial and non- financial data, you can quickly start to gain a deeper insight into your operations, performance and financial management. Data-driven decisions are quickly becoming the norm, for even the smallest business. Data analytics helps you spot the patterns, […]

Getting your bookkeeping ready for a digital future

Keeping up-to-date records of your business transactions isn’t the most glamorous part of being an entrepreneur, that’s for sure. But having accurate and up-to-date bookkeeping is actually one of the core ways to keep your finances (and your business) under control. Digital bookkeeping is the future of your finance. The digital age has revolutionised the […]

Cash flow forecasting puts you back in control

We all know that positive cashflow is the beating heart of any successful business. And with so many external pressures on your cash right now, it’s important to have one eye on the future. Cashflow forecasting is an increasingly important tool for any finance team. With a better view of your future cashflow position, you […]

Could outsourcing help you grow your business?

When you run a small business, the amount of work can ebb and flow. Unexpected busy periods can often create too much work and stress; overloading a small team or one-person business. But if a surge is seasonal or unreliable, it can be hard to commit to taking on another employee. One solution that many […]

Wellbeing in the Workplace

Supporting and promoting health and wellbeing in the workplace is important for staff and business owners alike. Providing a physically and mentally healthy workplace is beneficial for all who work there, as it reduces staff absenteeism, increases productivity and makes the workplace more enjoyable. If you are an employer, workplace health and safety laws require […]

Social Distancing – Running Effective Online Meetings

In times such as these, businesses must adapt to remain productive. For many of us, face-to-face meetings are a key part of our daily business operation. Here are some tips to take your meetings online with minimal disruption. Find the system that works best for you. There is a range of free or low-cost but […]