MYOB has been in the accounting software industry for quite a while, having established its name in the local scene. However, some newcomers like Reckon One are challenging MYOB’s ability to think out "cloud" and keep up in the digital game. Both small business accounting software options have their own set of advantages and disadvantages, […]
One of the biggest challenges for an entrepreneur, freelancer or small business owner is growing his or her business. Whether you’re a restaurateur, travel blogger or a tech innovator, scaling up is the only way to go. It can help you and your business reach new markets as well as new financial heights. As your […]
There’s the glamorous side of real estate, the adrenalin rush of hustling to add another property to your portfolio and scoring a commission upon its sale. The side that shows like Selling Sunset love to depict. But we rarely see any of these high-flying agents sitting down to ‘do the books’ at the end of […]
Here is a list of answers to common questions that we get asked regularly about bookkeeping, GST and tax and accounting software. Q: I have started my business, registered for an ABN and Business Name and now I need to know what to do next? A: A part of running your new business is record […]
You’ve worked hard to keep your business running and your customers happy. With the end of the fiscal year fast approaching, you need to ensure that all of this customer happiness is translating to a happy balance sheet. If you don’t already have someone handling the financial side of your business, you may not know […]
As a business person, you understand the value of hard work and dedication. Whether you run a small enterprise or a large corporation, you know that your employees are the lifeblood of your business. Without those dedicated people, you would have serious issues filling orders and carrying out day-to-day tasks. That’s why it’s important to […]
These are exciting times. You are just about ready to open your new business. You’ve been busy setting up all of the systems that you need for your business to work - including the bookkeeping. This is where many owners succumb to pitfalls while setting up their business. Because there are many forms to file […]
When shopping around for your business, regardless of what you’re purchasing, the first thing you should consider is your budget. Your budget will always be the first business resource that will take a hit every time you purchase business equipment and goods. However, when it comes to getting your business its cloud accounting software, you […]
If you’re running a small business in Australia, chances are you’re constantly pressed for time. Preparing and lodging your business payment summaries would certainly take time, good thing the Australian Tax Office (ATO) now allows certain reports to be lodged online. If the type of annual report you’re going to lodge is all about payments […]
Owning a small business is always exciting. It’s an uphill battle most days, but owning and operating your own venture creates a great sense of pride and purpose. While the sense of accomplishment is running high, many people that open businesses tend to overlook certain aspects of the operation. One such area that isn’t very […]
