Business plan for your startup bookkeeping business

Free Business Plan Templates I recently wrote about the importance of writing a business plan if you want to start a bookkeeping business. I included a great business plan template that is made available by the Australian Department of Innovation, Industry, Science and Research. You can find free Microsoft Word templates from within Microsoft Word or by … Continue reading Business plan for your startup bookkeeping business

Starting a new MYOB bookkeeping business? Got a plan?

Without a plan, could you be planning to fail? I AM REGULARLY SURPRISED at the number of our students who are learning how to use MYOB because they want to start their own bookkeeping business. Many of them already have accounting or bookkeeping qualifications, but these are usually in larger accounting systems and so they … Continue reading Starting a new MYOB bookkeeping business? Got a plan?

Email Is An Important Part of Your Business’s Brand

Getting your own “branded” email is a cinch! [dropcap]T[/dropcap]HE INTERNET HAS democratised many elements of starting your own small business, but, in particular, it has made marketing a small business a whole lot easier. There are now plenty of inexpensive ways to have a logo designed for your business, just as it’s a lot easier … Continue reading Email Is An Important Part of Your Business’s Brand

She Shares “Sales Secrets” for Bookkeepers Starting New Business

ONLINE INDUCTIONS ARE WIDELY used for contractors who visit building sites or any other site where they perform work that can be risky, like plumbing, electrical, HVAC, roofing, security etc. Many  inductions are delivered manually by a qualified staff member (usually in the WH&S department). Usually any person in the organisation or business who hasn’t yet been … Continue reading She Shares “Sales Secrets” for Bookkeepers Starting New Business

How to Reduce Your Fail Rate in Business by 50%

What You Can Do this Christmas DID YOU KNOW research shows that by taking just one short course on small business management, the chance a business will fail is reduced by as much as 50 percent. This is because business mismanagement is the primary reason businesses fail; the other most common reason is because owner/s … Continue reading How to Reduce Your Fail Rate in Business by 50%

MYOB or WordPress for your new business website?

Is MYOB doing too little of too much? Every business needs a web presence, and it’s become a lot cheaper and easier to get one. Where it once could cost many thousands of dollars to have a web designer get your business online, you can now build your own website yourself, quite cheaply. That’s due … Continue reading MYOB or WordPress for your new business website?

Profitable Businesses Suffer Poor Cashflow

I’VE TALKED ABOUT CASHFLOW on this blog before, particularly as it relates to good credit management processes. This time, however, we’re going to look at how profit differs from cashflow, even though the two are intimately related. There is the perception that a profitable business can’t suffer from poor cashflow, but this is incorrect. There … Continue reading Profitable Businesses Suffer Poor Cashflow

Don’t Wing It With Customer Service – Plan It

Great customer service doesn’t just happen. HOW TO PROVIDE REALLY exceptional customer service is just one of the modules covered in our EzyStartUp Course which teaches you all about how to start up your own business. We handpicked this inclusion as our experience is that, time and time again, good, nay excellent customer service goes a long … Continue reading Don’t Wing It With Customer Service – Plan It

Marketing for When Your Business Strategy Changes

Where lead generation services are useful CHANGING YOUR BUSINESS STRATEGY to include additional services will require an additional investment in marketing if you are to make this successful. In terms of simply paying money to advertise your additional services, as you’re probably already aware, advertising doesn’t always yield immediate results. Therefore you might consider spending money on … Continue reading Marketing for When Your Business Strategy Changes

When Your Business Strategy Changes

There are websites that make it easy to change your business name PLENTY OF BUSINESS OWNERS change their business strategy, but what makes this successful? We say, above all, planning and a willingness to change the ordinary operations of your business. In a new workbook contained in our Xero training courses, we take you through the steps … Continue reading When Your Business Strategy Changes

Should You Start a Business That You LOVE or a Business YOU CAN DO?

Pairing knowledge with a gap in the market CONFUCIOUS ONCE SAID: “FIND a job you love and you’ll never have to work a day in your life”. That’s good advice, although it’s not always practical. After all, I love watching television, but it’s probably impractical to try and monetise that to start a business — not impossible; … Continue reading Should You Start a Business That You LOVE or a Business YOU CAN DO?

Thinking of Starting a Second Business? Introducing Jerry

Case Study: Costs for starting up a second, related business A LOT OF BUSINESS OWNERS branch out into related fields when their flagship business becomes successful enough (just look at Jim’s Mowing). However, this can be a bit dicey if the business owner doesn’t properly forecast all the start up costs. Not doing so can not only have an … Continue reading Thinking of Starting a Second Business? Introducing Jerry

Running Your Business from Your Mobile Phone

Millennials Driving SmartPhone Usage I WAS TALKING to a tradesperson in his mid twenties and how he wants to start his own business. The more we spoke, the more I realised that this bloke runs his life almost entirely from his mobile phone — and doesn’t have a computer or laptop! After having spoken to a … Continue reading Running Your Business from Your Mobile Phone

Is QuickBooks Better than MYOB for a Small Business?

How Does QuickBooks Really Stack Up Against MYOB? WE RECENTLY INTRODUCED our QuickBooks Online Daily Transactions Course because we can see that QuickBooks is fast becoming a serious and respected rival to the more established accounting software packages. We recently wrote about how QuickBooks uses the SuperStream-compliant service KeyPay to deliver payroll services because QuickBooks itself isn’t … Continue reading Is QuickBooks Better than MYOB for a Small Business?

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 trading. The first, most important thing you should do, is register for … Continue reading Why Partnerships Can Be Risky Business