2023-2024 new financial year

How Australian small businesses can enhance workflow and productivity this new financial year

- July 20, 2023 2 MIN READ

  With the 30 June deadline now behind us, small businesses in Australia have a valuable opportunity to evaluate and optimise their technology stack. By conducting a thorough audit and making necessary adjustments, businesses can streamline operations, boost productivity and maximise their financial outcomes in the new year, writes bookkeeping expert and member of the… Read more »

Late payments - collect money is more important than ever
Business Advice

Late payments: Why collecting your money is even more important now

- September 23, 2022 3 MIN READ

Late payments have always been a problem for small businesses, but right now they’re costing you dearly, writes small business mentor, Bronwyn Reid. Until COVID-19 arrived, an entire generation of Australian business owners knew nothing but relatively benign business conditions. Gen Z (and Millennials) had little experience of harsh economic conditions – until COVID came… Read more »

Big business needs to pay small business on time

Big business needs to show some respect and pay up

- August 9, 2022 3 MIN READ

Big business must show leadership, respect and care for our small businesses and pay their bills on time, writes Australian Small Business and Family Enterprise Ombudsman, Bruce Billson. We all know cash flow is king and such a vital ingredient of small business survival, particularly at these challenging and uncertain times. So, it was really disappointing… Read more »

Young man showing older builder how to use tablet device

How to work with your accountant or bookkeeper to make smart digital decisions

- March 16, 2022 4 MIN READ

Jumping on the digital train can feel confusing and downright overwhelming for many small business owners. But an amazing resource to help you make sound digital decisions is right at your fingertips, in your bookkeeper or accountant, writes Xero partner and founder of My Bookkeeping Coach, Kimberley Rodney. Since the pandemic’s arrival, we’ve seen a… Read more »

Business Advice

Essential 2017 year end tax tips

- May 1, 2017 3 MIN READ

It’s that time of year when businesses can benefit by considering strategies to minimise their tax burden. This is the first of a three part series on tax we are doing to help prepare you for tax time. Here, we look at some actions small businesses can consider in order to reduce their tax for… Read more »