You Need To Be a Job Hopper To Do Well In Your Career

When it Comes to Your Career, Hopping Around is OK For many years, young people, particularly Generation Y, were cautioned about changing their jobs too often — or being a “job hopper”. It would give the impression they were flaky or disloyal or unable to...

Why Partnerships Can Be Risky Business

An Understanding of Business Partnerships is Essential As we mentioned in our previous post about doing the necessary actions to start your new business now, rather than in January, there are lots of tasks to carry out before your business will be ready to commence...

FREE Digital Business Course

Learn How to Run a Business Online In a post I published about starting your own business in January 2017, I said that all small business owners should have an understanding of traditional and digital marketing. You’ll be surprised how many don’t! However,...

Running Multi-Period Profit and Loss Statements

Be Aware of the Ebbs and Flows of Your Business: Multi-Period Profit and Loss Reporting Nearly every business has its busy periods and its quiet ones. Crucial to the success of a business is knowing when these busy periods and quiet ones occur, so you can capitalise...

The Secret to an Error-Free BAS Report

What To Do So You Don’t Lose Money When Doing Your BAS If your business is registered for GST, it means you have to file regular activity statements with the ATO, usually each quarter. A lot of business owners export their Business Activity Statement (BAS) data...

The 3 Tell-Tale Signs Your Bookkeeper Isn’t Paying Attention

Are You Getting the Best from Your Bookkeeper? Many business owners don’t have in-depth knowledge of the bookkeeping process so they hire a bookkeeper to manage it for them. But this can also make it hard to know whether the bookkeeper they’ve hired is paying good...

What if a Credit Check Comes Back Negative?

Do You Have to Drop a Client Because of a Bad Credit Check? A Credit Check is one of the most important first steps of good credit and debt management but you can still do business if the check comes back negative. In our previous post on credit and debt management,...

Is Credit Management Just About Getting on the Phone?

It’s Good Business to Set Out Your Credit Management Policy at the Outset Critical to any business’ success, is being able to maintain a healthy cash flow. But doing so requires effective credit management processes. Unfortunately, too many business owners feel...

Bad Payers Cost 12 Working Days to Collect $13,200

Credit Management is an Extra Job I’ve always believed that as soon as you offer credit you’ve got yourself another business – a credit management business. When we first created our MYOB Daily Transactions course we designed it to take students...

BAS Service deadline looming – BAS Audits, self assessment and benchmarks

BAS Service, compliance anxiety and cash-flow It’s that crazy time when the end of financial year TAX and quarterly BAS periods combine to cause compliance anxiety for business owners and managers if they don’t have a handle on their bookkeeping processes...
 
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