Transforming into a digital and cloud business sets the best possible infrastructure for future growth. And, as your business scales, the benefits of going digital will become apparent. Running your key business processes in the cloud and using the latest digital software and apps adds to your efficiency and productivity. And most importantly, digital systems […]
Are you interested in comparing your business performance against the ATO Small business benchmarks? It can be a valuable exercise to see whether your business is performing well, on average, or lower than the benchmark figures. Each year the ATO publishes industry-based data to highlight specific ratios of financial and other types of performance. For example, […]
Do you need to manage expenses for your business and team? Digital credit cards have been around for some years but have recently grown in popularity. Their user-friendly practicality is becoming appreciated by many business owners. How do Digital Credit Cards Work? The provider issues a digital card number in exactly the same format as […]
Strong relationships with clients, customers, suppliers, and staff are key to business success. But in a crisis, it’s easy to focus on your own issues and neglect those important connections. Here’s how to stay connected during difficult times – because you won’t get through without strong relationships and ongoing support. Communication and contact Transparency goes […]
It’s challenging to make your business stand out from the crowd, especially in the 21st-century digital environment where large and small businesses compete for the same customers. Remaining competitive is vital for any business. If you stay ahead of your competitors and hang onto your customer base, your sales stay stable, and your revenues remain […]
Rising global energy prices are a worry for all business owners. When the cost of your predicted annual bill goes up, that’s likely to stretch your cash flow thin. So, what can you do to overcome the problem of rising electricity and gas prices? We’ve outlined five simple ways to reduce your energy bills. Simple […]
Are you recording, measuring, and analysing enough of the data being generated by your business? With so many apps and digital solutions now available to businesses, there’s a wealth of valuable data to trawl through – and plenty of hidden insights from which you can benefit. Here are 5 ways to get more insights from […]
Accurate record-keeping of your income and expenses is essential to ensuring you get the most out of your tax return. By implementing some simple and effective record-keeping strategies, you can ensure that you can accurately document both your income and expenses for filing taxes. With this, you’ll be able to take advantage of all the […]
Once you’ve sold your business and received the funds from the sale, you’re faced with a big question: what happens next? After guiding the helm of your company, it will be tough to let go. But if the circumstances are right, there’s no reason why exiting the business should be a sad occasion. You’ve built […]
The summer holiday period can be confusing to employers and employees alike. Public holidays worked or taken as annual leave, business shutdowns, annual leave provisions… There are many rules employers need to understand. Employees are entitled to annual leave and public holidays under the National Employment Standards minimum entitlements. Employers can ask employees to work on public […]