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

Credit Management is an Extra Job

credit-management-training-assessment-management-and-enforcementI’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 through the cashflow process of where money goes when it first leaves your bank account and these are the main steps:

  1. Money in the bank (cash asset)
  2. Buy stock (inventory asset)
  3. Products sold on account (accounts receivable asset – Trade Debtors)
  4. Customer pays their account (cash asset)

The interesting part of this business process to me is the marketing (choosing the products, pricing, marketing message and advertising) and the credit management to get the money back. Each of these stages and their tasks carry a certain amount of risk but the credit risk part is actually something you can manage to try to eliminate altogether, but it takes work and a system.

Well the good news is that we’ve created a Credit Management Training Guide that goes through the different parts of your business where you can put measures in place to reduce this risk significantly – even if you are in the trades or building industry.

Credit Management is a Job for Contractors

credit-management-accounts-receivable-payable-and-data-entry-are-jobs-for-contractors-with-their-own-bookkeeping-businessMany tasks in businesses these days is actually contracted out to independent contractors because of the flexibility and credit management is a great example because it can be performed a day a week (for smaller businesses) and it can even be performed by a remote contractor (virtual assistant) working from their own home office. See Credit Management Services at Natbooks! 

Since we’ve started working with local bookkeepers at National Bookkeeping we’ve realised that credit management and daily transactions type work is by far the most common form of task performed by a bookkeeper. The rate of pay for bookkeepers performing this work is generally lower, but it’s a great option for people like working mums or dads who want to fit their work into their children’s school schedules as well as corporate accountants who want to make a start on their own bookkeeping business in their local area.

The corporate accountants or accounts managers we speak with often start performing this work in their new bookkeeping business but as their business grows they fill this position with a contractor of their own. Pre Qualify to join National Bookkeeping

Paypal and Quickbooks

Quickbooks Online is back and they want to beat MYOB and Xero
Stop tearing your hair out chasing money 

Last year I wrote about the joint venture between Quickbooks (Intuit) and Paypal and how they want to help businesses get paid faster. They commissioned a study last year found that Australian small businesses are owed a collective $26 million in unpaid invoices. That’s roughly $13,200 owed to each business at any given time, for which business owners will spend an average of 12 days chasing them each year.

It’s a lot of time and effort to earn that kind of money particularly if you’ve actually already earned it by supplying your products and services!

Check out our Credit Management information page and watch out for the announcement when we include it as a student inclusion for ALL students. We created this guide to help businesses use their accounting software to better manage the credit risk in their business. We’ve included information for builders and contractors about the Security of Payments Act.

 

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6 Questions You Can Ask to Find the Cheapest Bookkeeper

Questions can ‘weed out’ bookkeepers until you get your perfect fit

Job interview questions to hire a good quality cheap and local bookkeeper with MYOB or Xero experienceI have been reviewing the chat requests we receive via National Bookkeeping and it confirms my own thoughts about bookkeepers and the rates that businesses pay for good bookkeepers. These rates have a lot to do with overheads and qualifications — and often very little to do with experience. Allow me to explain.

Most of the daily transactions (see Daily Transactions Courses for MYOB and Xero) performed by bookkeepers involve data entry and coding. This data entry work is repetitive and once a new bookkeeper or accounts person understands the tasks, (which is often quite quickly) they can be performed over and over again with little variation except for client details and total hours worked (I’m assuming invoicing for services provided).

In the case of invoicing your contract bookkeeper could then provide reports and followup with clients to make sure your debtors management is sorted out.

The hardest thing for some small businesses is understanding how to weed out exactly the bookkeeper they need — and I hope these questions make your job easier. Remember, it’s often the answer that helps you find the right person.

checklist for job interview questions for bookkeepersThe questions you should be asking a prospective bookkeeper:

  1. How long have you been performing bookkeeping work?
  2. What type of bookkeeping tasks can you perform?
  3. Are you familiar with cloud accounting software and, if so, which ones?
  4. When are you available to do bookkeeping work?
  5. Where are you based?
  6. Do you have professional indemnity insurance?

I’m going to further break down these questions and show you the answers you should be looking for. Remember that our goal with this case study is to find the cheapest bookkeeper for daily transactions accounting.

1. Bookkeeping Experience

This was once the most important aspect of a bookkeeper’s resume for employers because it demonstrated that this particular candidate has experience that will benefit the business. If the bookkeeper you’re looking for has plenty of experience, then follow up with Question 3 regarding cloud-based functionality and whether they’ve used the latest versions of MYOB, Xero or Quickbooks.

2. Bookkeeping Tasks

This question is important because if someone is educated enough to complete and lodge your BAS, or even lodge your end of year financials, then they’ll want to be charging for the skills they have. You may as well get your accountant to do your bookkeeping if you are prepared to pay for someone with high skills education and experience. Many bookkeepers have plenty of experience doing accounts receivable and accounts payable and all of the steps in between so if it’s a cheap bookkeeper you want, then weed out the ones who can lodge your BAS for you. Read more about bookkeeping tasks.

3. Cloud Accounting Software

It’s important to know if your bookkeeper is familiar with accounting software that is accessible in the cloud because they may know some of the advanced features that comes with that — like integrations with other cloud-based services for project management, estimating, time billing etc. It may also come in handy because they’ll be able to work at home, or even from remote locations, and be more available at potentially lower cost (less travel time and cost).

4. Work Availability

Many bookkeepers will SAY that they’re available whenever you need them, but in reality they each have their own set of requirements and they may not want to say this right up front for fear of limiting their chances of getting your work. Some bookkeepers are mums (or dads) and they need to fit into school hours, while others are really looking for a full-time or part-time job. Some bookkeepers will be prepared to work at night and on the weekend (others may only work at these times) whilst some bookkeepers will only want to work during business hours.

We all need to manage the work-life balance that comes with leading a fulfilling life, and for some people, this includes working at night. Some bookkeepers want to spend time with their kids during the day and work when they have quiet time. Some bookkeepers work for multiple clients and can only fit you in one half day a week. It’s important to understand where your bookkeeper sits in this area.

5. Bookkeeper Location

This is a pretty big consideration, even in the modern times of cloud-based bookkeeping because your bookkeeper’s location can affect how busy they are or how long it will take them to get into your office to do their work. We’ve had some examples where some of our team members live miles from the nearest town; therefore to have to travel there takes time and considerable cost. If you have faith in remote contractors and are willing to work with a bookkeeper who works from home you may find you’ll get the most ideal bookkeeper and the best price — this is something I managed to do when I closed EzyLearn’s bricks and mortar training centres and instead went totally online!

6. Do you have Professional Indemnity (PI) Insurance?

This one is a biggie because if the bookkeeper has PI Insurance they’ll also have the trappings that comes with it like:

  • Professional association membership
  • CPD / CPE point requirements
  • Basic Education Requirements to attain their Registration

If a bookkeeper has PI insurance you’re probably talking to a Registered BAS Agent, as bookkeepers who attain this level of bookkeeping do so because they want to perform one of the most important tasks they can for a business — lodge the BAS. A Registered BAS Agent is governed by the same government authority that governs Tax Accountants — the Tax Practitioners Board (TPD). Indeed, many businesses already have a tax agent or accountant who is responsible for lodging their BAS. Therefore, I’ve found the biggest reason BAS agents are popular is because you know you’ll receive an excellent job on the tricky aspects of GST and Payroll, PAYG, Superannuation etc without paying accounting rates.

request-quote-for-myob and xero bookkeeping servicesI hope these questions help you filter a great bookkeeper from all the enquiries that come for your job ads and remember if you’re interested in finding a cloud-based bookkeeper, feel free to browse the National Bookkeeping Directory or Request a Quote.

 

 

 

 

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Release: Concreting Business Case Study for Xero Training Course

Case Study: Tradespeople Using Xero Cloud Accounting

Concreting business uses Xero for jobs, purchasing and progress payments - online training case studyTradies across Australia are getting onto the cloud for their accounting and there’s a good reason for it — many busy people can use the system from remote locations to get their work done.

This means the estimator can use it to generate a quote at a site, the office administrator can convert quotes to orders and invoices and the remote contractor can sign in and do accounts receivable calls from their home office. This is good news! All major accounting programs now offer cloud access — MYOB, Xero and Intuit Quickbooks.

I wrote in the past about Rohan from Painters, Men in White; Ken the home theatre installer and Jason the kitchen appliance repairer. Today I’m happy to announce that we’ve released a case study in the Xero Daily Transactions course that relates to the building and construction industry — in particular a concreting business that quotes for the pouring of a 3 level apartment building. Sue, a contract bookkeeper from Yarra Junction helped me write this Case Study based on her experience in the building sector and in particular with concrete companies.

Bookkeepers Upskilling with EzyLearn

Sue is typical of the students who enrol with us to broaden their skills in cloud accounting — existing bookkeepers who want to upskill. She has a lot of experience in the day-to-day management and accounts for tradespeople and found that she could perform the bookkeeping from her own home at any time.

We’re Constantly Updating Online Course Content

While I’m blowing my trumpet I may as well add that this is an example of what we promote with our online courses — that during your student access period you’ll have access to ALL the courses you’ve enrolled into including updates and new content. This is particularly useful for MYOB and Excel Course students who enrol using the LIFETIME course access option.

Xero Course Student Testimonials

I haven’t posted any new pages with student testimonials to the website for a while (but they come in with every course) but today it must be trumpet-practising time for me because here I blow again! When Sue completed the course, she commented:

I would recommend this learning site to others and I am thinking about studying Excel next with this learning centre“. She also commented: “Convenient in that I can do it from home at my own leisure. The price was very reasonable.

While Sue was working with us we put her through our Microsoft Word and Excel courses at no cost and the main thing that really stands out to me is how much everyone benefits by doing a Microsoft Word course!

Use Microsoft Word to Create Xero Courses

Helen from Bright learnt how to use WordPress and got leads for website design work using our WordPress course
Helen from Bright is a registered BAS agent who did our WordPress course and got paid creating a website with out help!

Many students enquire about the Microsoft Excel courses because spreadsheets are complicated for people who don’t know how to use them. However, I never cease to be amazed at how many people confidently state, “I know how to use Word, that’s easy”.

Microsoft Word is used in so many aspects of a business yet too many people think that just because they can type they are good at Word. Things like:

are covered in our 203 to 205 courses (so they are considered beginners to intermediate Word skills) yet I am surprised at the number of people I meet who don’t truly understand how these work!

When we work with a new contractor, even as part of our National Bookkeeping Network, we ask new members to write up an education guide if a bookkeeping customer is looking for a certain task to be completed. We end up putting the bookkeeper through our Word course and they discover a whole new world of computer skills that enable them to do more office admin work for their employers or customers — particularly when it comes to long form documents like instruction guides, tenders and even eBooks which are becoming increasing used in online digital marketing.

Bookkeepers Can Be Great Web Designers!

One EzyLearn student helps another from MYOB bookkeeping to designing websites for baby massage using WordPressAs I’m sharing so many EzyLearn student stories, I’ll provide another example of a recent student, Helen from Bright in Victoria (check out where Bright is located in Google maps and you’ll see just how far away she is from the nearest capital city — again, the beauty of working from home using the internet!)

Helen is a Registered BAS Agent and has been for a long time. She performs all the bookkeeping tasks that many of our students aim to offer by being a BAS agent, but she is also interested in being a little more visually creative — at least part of the time — so she completed our WordPress Course and as a result we’ve introduced her to some clients. Since then she’s actually been paid for creating and editing websites! One website she created and continues to edit as required is for ANOTHER student, Sonia who completed our MYOB course years ago to help her with her husband’s business!

Sonia now spends a lot of her time teaching mums (AND dad’s) about baby massage and how they can use infant massage to build a bond with their new baby and help them relax when they are uncomfortable. With a nursing degree and a huge amount of experience with children, Sonia is able to help parents and babies alike create a special bond through touch, and ease new parents into the sometimes stressful experience of welcoming a new baby into their family.

PROMOTED: Corporate Training Licence

If you like the sound of all these courses you may like to take a look at our special bundled offers or even a corporate training licence for your staff or team members.

Referral Marketing is Something We Like

I hope I’ve managed to share with you how we genuinely like to support our students and clients in their journey. We welcome your feedback and love to hear directly how you’re progressing along the way, how we can improve what we do, and any other input you may have.

If you’re looking for a new job, we can advise you on our comprehensive courses with lots of content and examples and a fantastic price. If you’re looking to start a new business we can help you with our Business Startup Course. If you’re a small business in need of a good bookkeeper, writer or website designer — we can connect you.

Stay tuned for some new training content releases about Selling Your Property, Facebook Marketing and Intuit Quickbooks.

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Release: New Training Guide for Basic Bookkeeping

The meaning of basic bookkeeping terms

You don’t need to know double entry bookkeeping to complete our online MYOB, Xero and Quickbooks Courses but the more you know the better. We include educational videos about basic bookkeeping terms in our bookkeeping courses and they were created by Jacci a Registered BAS agent, but we’ve also created a separate bookkeeping basics guide that is available to you for free.

Receive payments MYOB payment termsThese are the types of terms I am talking about:

  • General Ledger
  • Chart of Accounts
  • Trial Balance
  • Tax codes like FRE, N-T, GST and CAP
  • How to create proper tax invoices
  • Cash and Accrual accounting
  • Income and Expense accounts
  • Sales & Purchases vs Cashbook
  • Debits/Credits
  • Change in Debit and Credit accounts
  • Credit Control
  • Debtors and Creditors report

When you perform the daily bookkeeping tasks for a business you focus on the tasks at hand like:

  • buying goods on account,
  • paying bills,
  • making sales and generating invoices and then
  • keeping track of the payments and receipts.

When you learn how to do these tasks using accounting software you don’t need to understand all the debits, credits and double entry of accounting because the software takes care of it for you.

invoicing and purchases in MYOBThe most popular of our MYOB courses is the Daily Transactions Course 502 because it takes students through a typical scenario of the accounting transactions of a VoIP telephone system supplier and installer.

This telephone company is very similar to a plumber, electrician, builder and most tradespeople because they combine products and services in their invoices. They’ll also often hold an inventory of items they sell regularly and they need to purchase items specifically for a job they are working on for a client.

If you are looking to take on all the bookkeeping tasks for a small business you’ll need to know all aspects of how to use accounting software but if you are just looking for data entry or an accounts payable and receivable job the Daily Transactions course may be all you need.

Read about the contents of this course here or delve in deeper into the case study examples of the MYOB Daily Transactions Course Workbook.

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To Job Seekers MYOB is Still Number 1

Most existing business use MYOB

Job Seeker Super Special Discount Offer for MYOB Course, Excel Course and Word Course with certificate 1I love the power of being able to login to our accounting software to resend invoices or create them when I have some idle time and I’ve discovered that lots of trades people and independent contractors love it too, but most enquiries we have from prospective students is about MYOB accounting software because that’s what most small businesses need help with.

That is also why we’ve bundled the most popular software requirements for those who are applying for office admin or accounting jobs – MYOB, Microsoft Excel and Microsoft Word – AND created a special bundled price for the lot!

Superannuation companies need Excel

I was speaking with the risk model manager for a very large superannuation fund earlier this week and we were discussing the course outline of our Microsoft Excel courses and how that fits into the needs of their own workforce (he was exploring a corporate training arrangement) and I mentioned something that resonated with him.

If you are learning a program like Excel or Word from scratch the training materials can be quite generic and cover almost any topics, but as soon as you head into the Advanced Excel Course topics you may also be looking at customising that course using tools, formulas, functions and macros that are specific to your own business – particularly as a large company.

Cafes and Restaurants use Word and Excel

New Morisset Cafe owners at Cafe Limejay use Microsoft Excel to create their new menu-smallI was speaking to a local business owner of a cafe in Morisset, close to my home (yes, I’ve escaped the Sydney property prices, lack of space and high traffic!) about their new menu when they confessed that they used Microsoft Excel to create the menu after struggling with Word to do it. They are a mother and daughter team and worked together to get the new menu ready for their customers.

What stood out in the conversation is just how complicated Microsoft Word is once you start exploring the more intermediate and advanced capabilities. We use these advanced tools when we create our Training Workbooks and it’s worth using the skills because you can save a lot of time for repetitive tasks or when you make changes, but for smaller or more creative tasks like forms and tables Excel is often a simpler program to use.

Save $397 and do the lot

Online Training Course special offers for MYOB, Xero, Excel, Word and moreWe’ve bundled the MYOB, Excel and Word courses, with assessment and certificate options and all you need to do is select these courses at our enrolment page to receive the automatic discount. This offer is called the Job Seeker Offer and is available for a limited time so enrol now and take the saving. Then feel free to share the results of your work if you want to.

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Learn MYOB and Microsoft Excel, get help finding work with Career Academy

Learn MYOB and Microsoft Excel and get Microsoft Word Course for free

MYOB AccountRight Sign In Screen for MYOB Training CourseOne more rest for Australia Day before the year REALLY gets under way and it’s a great time to set your priorities straight for 2016. Our two most popular online training courses are our MYOB Course and our Microsoft Excel course. They’re complicated programs and most businesses need them for their financial management, reporting and forecasting so they’re great skills to learn if you are looking for a new job.

If you’ve followed this blog you’d also be aware that despite significant growth in the number of enrolments for our Xero Cloud Accounting courses the dominant player in the Australian market is still MYOB and MYOB accounting software also has cloud-based capabilities that make it more and more powerful. I recently wrote a blog about a service technician who uses Servicem8 as an Ad-on to the MYOB accounting software that his wife uses in the office.

Software Skills give you confidence to apply for jobs

Having confident software skills in MYOB, Excel and Word will give you a real advantage when applying for a position you really want because is gives you tremendous confidence. Sue from Yarra Junction was helping us with our forthcoming Quickbooks Online Training course late last year and although she knew Quickbooks very well she learnt a LOT about Microsoft Word and writing long documents. Even just going through the beginners courses in Microsoft Word she learnt about common terms and fundamental ways that text and paragraph are managed on each page.

For a limited time we are offering our Microsoft Word course for free to everyone who enrols into the MYOB and Excel course with 12 months access and a certificate.

How to get the Microsoft Word Course for free and Career Academy Membership

  1. MYOB Training Course and Microsoft Excel Training Course and get free Microsoft Word coursevisit our Online Course enrolment page
  2. enter your details, and
  3. click on the MYOB with 12 months and Certificate
  4. click the Microsoft Excel course with 12 months access and certificate
  5. You will see the FREE BONUS course offer
  6. You’ll have the option to register for our Career Academy also

Not only will you have new skills and confidence but you’ll have some resume templates and dozens of exercise files to create long and complicated documents, reports, proposals, sales letters and more using Microsoft Word.

ref cliparts.co
ref cliparts.co

Corporate Training Discounts

Remember too that if you are a small business with up to 5 employees you’ll find that all of them can learn MYOB and Excel, PLUS Word, WordPress and PowerPoint (and even Xero) for under $1300 for 12 months. You could literally run the software programs to take care of admin, accounting, financial management, sales, marketing and more with all these software programs. Check out our current Corporate Training discount offer.

EzyStartUp Course

EzyStartUp LogoThe small business course we renamed can give you all the software skills you need as well as templates, structure, financial forecasts and all the software and soft skills you need to start that business and become and independent contractor working from your own home (or for local small businesses if you don’t have the right setup for a home office). Check out the EzyStartUp Course.

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MYOB, Xero and Quickbooks Beat Reach and What About Your Data?

Be Wary of Small Accounting Software Companies

MYOB Training Courses Online
MYOB, Xero and Quickbooks Beat Reach

Reach Accounting ceased operating in April 2015 [RIP Reach], after only four short years operating in the cloud-accounting space. When it launched, and Net Registry bought a 50 percent stake in the company, it was billed as the Gmail of accounting software for Australian small businesses.

Net Registry actively sought out small business owners, sole traders particularly, and if they were existing Net Registry customers, offered the Reach Software to the for free for the first two years; for any non-Net Registry customers, the software cost just $14.95.

But Reach Accounting is one of many online accounting programs which now compete with each other globally for small business clients.

I wrote earlier about an accounting program called Wave Accounting which is free for most bookkeeping features until you get into the more advanced features like merchant services and payroll.

We’ve always maintained a commitment to MYOB and our MYOB Training Courses because as a large company they have a wide client base and the money to invest in their software when industries go through change like we’ve seen in cloud accounting.

Reach was the cheap option for sole traders

Its small price tag made it a highly attractive option for small business owners who really only needed the invoicing, estimates, and expenses side of an accounting package, but with Reach could have the whole dog and pony show for very little.

In 2011 when it launched this was a huge drawcard. At the time, there were few other offerings available for less than the cost of Xero, which started at $25 a month, for a very limited offering. Now, however, there are at least three other players all vying for the same sole trader demographic.

If you were using Reach, then hopefully you made the switch to another accounting program before the April 30 expiry date, after which point, you data would have been lost forever. Sucked in to the cyber vacuum of nothingness, along with your Kazaa playlists and MSN Messenger account.

Any data in Reach needed to be retrieved by April 30

This is probably one of the biggest downsides to using cloud-accounting software – if the company shuts up shop, then you have a limited amount of time to export your files before your data is lost forever. If you’re a n00b or a bit illiterate when it comes to accounting software – which, let’s face it, most small business owners are – this can be tricky as some data may not transfer across or may need to be manually re-entered, which could spell an accounting disaster when it comes tax time. In fact, any time you cancel a service with one cloud-accounting provider you run the risk of not being able to access your data once your account is suspended or cancelled.

That’s why MYOB continues to remain as popular as it is with accountants and bookkeepers – because even if MYOB decides tomorrow that it’s going to cease producing its software and exit the accounting software space altogether, you can still go back to the software installed on your computer to retrieve certain data any time you need, even after you’ve found an alternative accounting package.

MYOB and similar software the safer choice

You obviously wouldn’t be able to use the cloud or smartphone and tablet-based applications, but the software installed on your computer would continue to work offline, just as any old piece of software would continue to work. There are plenty of organisations that continue to use MS Office 2003, even though it’s about a decade out of date. In fact, I’m still using MS Entourage for Mac 2008, even though that particular product was discontinued in favour of a Mac version of the email client Outlook.

While cloud-accounting software is great and can be produced cheaply, MYOB and similar software that needs to be installed on computer remain a safe choice, and it’s why it continues to be popular with accountants and, in turn, our most popular training course. If you’re a new bookkeeper and you’ve been wondering what software you should become skilled in, it’s most definitely MYOB.

There are plenty of Xero bookkeepers, and while it’s important to know your way around Xero too, MYOB is by far the preferred choice by accountants because it’s well established, so it’s unlikely to be going anywhere soon, but even if it does, a client’s data and information doesn’t disappear until you’re ready for it to disappear.

If you’re a new bookkeeper or a bookkeeper looking to brush up on your skills, make sure MYOB is one skill you master. We offer an online training course in MYOB that takes you through each step in the bookkeeping process, including payroll, reconciliation and BAS.

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Is Xero now more appealing because of Inventory Management?

MYOB Account Right Plus Has Inventory Management, But…

Yarra Junction to Melbourne city for online MYOB, Excel, Xero training coursesThe premium MYOB product with the PLUS on the end of its name has always come with Inventory and Payroll. These have been the major services that justify the premium price that users have been willing to pay. Now Xero comes with it as standard! Is it another nail in MYOB’s coffin?

More content for our Xero online training courses

We’ve added a new team member, Sue from Yarra Junction in Victoria, and she has over 20 years experience performing bookkeeping and administration work for various clients as well as running her own business. Sue is writing a training guide that demonstrates how inventory (which was just announced this year at Xero) works. We’re using the same structure and information we use in our popular MYOB training course so you can see directly how the software programs are different from each other – apart from Xero being completely in the cloud so you can access it from any device anywhere.

The great thing about Sue…

Sue highlights yet again one of the great features about running an online business and working remotely in the cloud. Any business can work with staff or remote contractors from anywhere (in the world!). Sue is located over one hour’s drive from Melbourne and I’m sure the commute would be hell – it would cost her time and money in transport – yet because we operate on online environment our team are all over Australia! No more travel time, no more traffic, no more sitting in a carpark on the city roads in peak hour. Just a good internet connection and some competent computer skills and we’re off.

If you’re not sure by now, you’ll be happy to know that my focus has always been to help people learn how to use software. Why? So they can get the job they’re after or start their own business. If you like, you can watch a short video (sorry for not shaving for it!) where I talk about my Work at Home Seminar (or WAHSeminar) which is a program we’re constantly working on to help people operate a business or telework from their own home.

If you haven’t already read about it, read the blog I wrote about teleworking centres that are springing up all over regional areas of Australia. Make sure you ‘like’ this blog and share it with your friends on Facebook because the more we all encourage teleworking and the use of technology the more we’ll be able to take back dozens of lost hours each week in travel time (and cost).

All existing Xero course students receive this training

Like all EzyLearn courses, we offer all our training courses for one low price and include every training resource we create. This Xero training course content is the same – every student who has enrolled into the Xero course within the last 12 months will be able to access these new training resources when they’re published.

If you are a business looking to move across to Xero, feel free to write your questions or comments. If you are trying to find a way of working from home, please make contact. We’d love for you to share with us what you are going through. We can very probably help – and others can learn from it.

 

 

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The NBN will make it easier to move out of the city and start a business

Regional Australia Is Available To Work For Sydney, Melbourne, Brisbane and Perth

Is the NBN available in your suburb - national broadband networkA lot has been said in recent weeks about the cost of housing in Australia’s capital cities, but in particular, Sydney, which has the highest median housing prices in the country; a figure that, according to the Australian Bureau of Statistics, has increased by 30 percent since 2012 and is continuing to rise, seemingly unabated. As a result, people – and I mean all people; couples, families, singles – are moving out of the city to regional areas, where housing prices are lower.

The ability for young people to move out of the city where jobs have always been, and into regional areas where there are fewer employment opportunities has been greatly aided by the ability to work remotely from home, often referred to as a:

  • Virtual Assistant
  • Remote Worker
  • Remote Contractor
  • Internet Worker, or
  • TeleWorker.

I’ve written about the NBN before and how it has the potential to completely change the way people work, and it’s never been a more vital initiative in this country, which is largely crippled by ineffective public transport and rising property prices – not to mention the shrinking number of full time jobs.

The current problem with Internet services in Australia

If you’re a city dweller, which until recently, I was, then you probably take for granted the plethora of options you have when it comes to finding a high-speed Internet service provider. ADSL2++ is available in nearly every suburb of Australia’s capital cities and there’s a very long list of retailers to choose from, each offering competitive bundled deals on home broadband, mobile, landline, and even cable TV and on-demand Internet streaming services, like Netflix and Stan.

In regional areas, your options are somewhat limited and there’s often a waiting list for standard ADSL Internet, due to a lack of ports in the local exchange. If you’re wondering if you just read that right, you did. There is a waiting list for ADSL Internet, which people stay on until someone else moves out of the area and a port becomes available. No, it’s not just tiny, outback towns. There’s even a waiting list in major regional centres like, Wollongong and Newcastle; areas where many people from Sydney are flocking to escape the high cost of property.

I’ve even heard of similar problems occurring in new housing developments in Sydney, notably Wentworth Point near Homebush Bay, which is fewer than 20 kilometres from the CBD. The reason? Telstra either hasn’t upgraded its infrastructure to cope with increased population numbers or, possibly, weren’t consulted during the construction of new developments in outlier suburbs. (If you’ve ever wondered why so many new home developments boast ‘access to high-speed internet’, well that’s why.)

But the NBN will fix that, hopefully

NBN Rollout across Australia will help teleworking, virtual assistants and those running a business from home

The Australian Communications Consumer Action Network, Australia’s peak communications consumer organisation, has said that the issue stems from Telstra’s ownership of Australia’s telephone exchanges, which occurred when it was privatised in the late 1990s and the exchanges weren’t sold off. The result meant that, while there were more telecos to choose from, Telstra still had the monopoly on the exchanges.

There is some good news for people living in regional areas, though, and it’s the NBN. This year the Telecommunications Minister, Malcolm Turnbull, announced that there are over a million premises that are able to access the NBN, with broadband blackspot areas (regions where no or limited ADSL Internet is available) the major priority. And that brings me back to what I was originally saying about people moving out of cities to regional areas and working remotely from home.

Want to check when it’s available in your area, check your NBN status here..

The NBN makes it easy to start a business in regional Oz

With the help of the NBN, it’s now possible for people to start a business from their home in regional Australia, and still provide services to businesses in the city. This should help to relieve housing stress in major cities as it becomes unnecessary to stay in the city if you can work easily from your home elsewhere; it also gives a much-needed boost to regional economies.

But it’s mostly good for people. For people living in regional communities, they can easily start home-based businesses without being confined their local community for clientele. A bookkeeper in Northern NSW, for instance, can provide remote bookkeeping services to clients in major business centres, such as Newcastle, Gosford and Sydney, in addition to businesses in their immediate locality. Truthfully, they can offer services to businesses anywhere in Australia, because regular travel is not a requirement for their business to function properly.

National Bookkeeping Opportunity

National Bookkeeping is a great opportunity, particularly if you’re like one of the many people living in one of Australia’s regional communities – or thinking of moving to one, but wondering about where you’ll find employment. National Bookkeeping has a number of bookkeeping licensee opportunities available for people who’d like to start and operate their own business, within a structured, proven business model.

Don’t forget that you can claim the full license fee as a tax deduction in your annual tax return. For more information, visit the National Bookkeeping website or you read more on our blog.

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The National Bookkeeping license fee is 100% tax deductible

Costs of starting a business are tax deductible

become an independent contract and start a bookkeeping businessIf you’re subscribed to this blog and you’ve been following our recent posts, then you should be aware that we’ve recently partnered with National Bookkeeping to deliver online training courses to their new licensees. We’ve also been writing about the $20k tax breaks introduced in the recent budget, which allows businesses to immediately write off asset purchases up the $20k as a tax deduction (rather than being depreciated over time).

While we caution you to be prudent when it comes to making business purchases, if you had been thinking about becoming an independent consultant and starting a home-based business and needed to make any purchases – office furniture, technology, a training course – now’s the time to do it.

Now that we’ve reached June, there are just a couple weeks left of this financial year, which means that any business purchases you make between now and June 30 will immediately go toward reducing your taxable income for this current financial year. This even includes the cost of becoming a National Bookkeeping licensee.

A tax-deductible license fee

Typically, when you buy a franchise or become a licensee, the franchise or license fee you pay forms part of the cost-base for your franchise or licensed business as your capital asset, and cannot be claimed as a tax deduction. However, because EzyLearn is a partner and is providing its entire suite of training courses to new licensees, the fee to join National Bookkeeping is technically considered a self-education expense.

Self-education expenses, when they directly relate to your business, are a hundred percent tax deductible. If you register before the end of this financial year – that is, June 30 – then you claim it as an immediate tax deduction, and reduce your taxable income by $1,600 straight off the bat – and that’s not to mention any other asset purchases you make, like new cars, office furniture, technology and the like.

Aside from being instantly gratifying to be able to claim a business expense back right away, it’ll also mean that you’ve technically started your new business in the black as opposed to in the red like new most businesses do. So whether the license fee results in a bigger tax cheque this year or just reduces the amount of tax you have to pay to the ATO, it’s still money in your pocket that you can reinvest into other areas of your business.

Register before June 30 to avoid starting your business in the red

One of the biggest hindrances to growth in the first year of business is poor cash flow, and unfortunately many small businesses experience poor cash flow in their first year of trading. It typically occurs when a business makes a number of, albeit necessary, business purchases that leave them cash strapped until they can file a tax return at the end of the financial year. As a result, it makes it difficult to spend money on marketing or to hire a contractor to carry out work you’re not skilled for – developing a smartphone app for your business, say.

As a result, you either miss out on investing in opportunities that will help to grow your business in the long term, or you wind up trying to muddle through it yourself, which is both a waste of your time and is also false economy, because you’re losing money by not attending to the tasks that are going to generate immediate revenue (completing someone’s BAS, for example).

Even though becoming a licensee is a low-risk new business option, which usually includes most of the things you need to start and grow your business during its infancy, like sales and marketing collateral – in fact, National Bookkeeping licensees will want for nothing as nearly everything, with the exception of an ABN and Cert IV accreditation, is included in the license fee – there is some flexibility to how you operate your business, which means that if you decide you want to branch out and offer content marketing services, you may need to regularly work with a designer or developer.

You’ll need money to pay them, and if you want to keep up a good relationship with your suppliers, you’ll want to pay them quickly and on time. Ideally, your end client will do the same for you, but oftentimes they don’t. If you’re always waiting to be paid before you can pay your suppliers, it’s not going to foster good relationships with either your client or your suppliers.

Start your National Bookkeeping business in the black

So that’s why it’s a good idea to register with National Bookkeeping and become a licensee before June 30. It’ll mean being able to claim back the entire license fee this financial year, so you can give your business the best change at growing and becoming a success from the very start.

As a National Bookkeeping licensee, you’ll receive full access to our entire suite of training courses, including our small business management course, which covers all of the important aspects of operating a small business, like developing a business plan, managing the financials, and researching the market – in this case, useful if you decide to offer additional services, besides just bookkeeping.

You’ll also gain access to any future courses we develop, and we currently have a content marketing course in the pipeline. I’ve mentioned in a blog post already that content marketing has become a real focus for many businesses now that they’ve come to realise how important it is to engage and interact with their customers online.

Develop your skills to expand your business

The content marketing course we’re developing is designed to give people the skills they need to start their own home-based content marketing business, which you may decide to utilise by expanding your services beyond just bookkeeping and operate a business that offers a Complete Business Operations service to other businesses.

For a lot of medium-sized enterprises – a plumbing business, for instance – that has a number of staff or contractors and struggles to keep up with the administrative side of the business, being able to deal with just one business would be far more convenient than having to engage each one separately – a bookkeeper, a virtual assistant, and a marketing agency.

But then again, you may just decide to take the skills you’ve learned, create your own content marketing strategy for your business, and implement it yourself. It’s up to you.

Achieve success through education and flexibility

National Bookkeeping and EzyLearn wants you to have the best chance at succeeding in your business venture, and we believe that the best way to achieve success is through education, and that the more skills you have and knowledge you possess, the more likely you are to achieve it.

I honestly, don’t know many other franchises or licensed businesses with that level of commitment to education, nor to the flexibility that comes with it. So if you would like to start a home-based bookkeeping business, but want to have the flexibility to expand you services beyond just bookkeeping, while also having the security that a licensed business offers – an established business model and name, access to infrastructure, training, and coaching – then it’s worth your while to look into being a licensee with National Bookkeeping.

Visit their website for more information, contact the team, or if you’d just like to get started today – before June 30 so you can claim your licence fee back right away – register your interest online.

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How much should a local bookkeeper charge?

What is a local bookkeeper worth?

I recently wrote a blog post about whether bookkeepers could also provide marketing services to their clients, which I also touched on in another recent post about starting a bookkeeping business and the need to be diverse in the services you offer as an independent contractor. While brainstorming with Ray from the Startup Academy about the services bookkeeper charge and the rates they can earn we discovered that there is a huge variety of services that a bookkeeper can offer and as a result their rates differ.

What does it take to be a registered BAS agentWith cloud-accounting software like Xero and MYOB using automatic bank feeds (also SAASU in their new announcement with Westpac), a lot of the data entry work involved in bookkeeping is reduced because bank statement entries can be automatically matched to transactions in the accounting software. What was once a time-consuming and sometimes complicated process has now become much simpler, and many business owners can manage the data entry themselves. What a business owner can’t do, however, is file their quarterly business activity statements (BAS) because a registered BAS agent must complete those.

Some local bookkeepers may have very low rates

It’s not uncommon for a local bookkeeper these days to charge between $16 and $20 an hour if they only provide data entry services and can complete the work from their home office. Registered BAS agents can charge a lot more than that because they have to go through rigorous training – which includes a certain number of hours supervised by an accountant – before they can be accredited to provide BAS services.

But what about bookkeepers who have a background more diverse than just accounting or finance? There are many bookkeepers who have held vastly different professions in vastly different industries before they started their own bookkeeping business.

Most new bookkeepers have diverse working histories

Since we started offering our MYOB training courses, we’ve found that many of our students initially wanted to know how to use MYOB so they could look after the accounts for their family business and then later decided to work full-time as a contract bookkeeper for a number of clients.

Most of these new bookkeepers previously had careers in sales or marketing prior to starting a bookkeeping business. By combining these skill sets, these simple bookkeeping businesses could offer turnkey business solutions to other small businesses, such as complete operations management services.

Turning modest hourly rates into sustainable wages

The price you charge for goods or services should always include GST.
The price you charge for goods or services should always include GST.

In doing so, what would have been a modest hourly rate as a bookkeeper, can be transformed into a sustainable wage that will support a whole family. For people of a career change, creating a full service business is the best way to make you more valuable to clients.

That’s why, when we partnered with National Bookkeeping, we said we’d offer our accounting and office productivity training courses as part of the licensee agreement because the more diverse and better skilled a business owner can be, the better chance they’ll have at succeeding in their business.

Possessing the skills you need to understand what’s involved in managing a small business is not only useful to your clients, it’s also useful to you; you’re also running a small business, after all.

Leverage your previous work experience in your new venture

Don’t estimate the value of your previous work experience. A background in marketing, for instance, means you understand consumer behaviours, your know how to package products or services so they’ll sell, and you have a strategic mind. These are invaluable skills to bring to any business, so leverage them.

Package your skills, whatever they may be, and develop a truly unique business offering that will help other businesses become more profitable, as well as your own. A full-service Small Business Operations and Management business, for instance, could easily charge their clients upwards of $65 an hour for one of their consultants (you) to manage the bookkeeping and other business operations for a client.

The demand is high for bookkeepers

It doesn’t matter if you don’t know how to use MYOB or Xero. Just take one of our MYOB or Xero courses, which teach you the fundamentals involved in managing a business’s books and then use your bookkeeping services as a way to get your foot in the door with clients.

As I mentioned in my post on starting a bookkeeping business every business has to file a tax return so it’s vital that they keep their bookkeeping up-to-date. Most businesses won’t think they need someone to manage the operations of their business, but they will concede they need a bookkeeper. It’s bookkeeping that will deliver the leads you need because it’s such a highly sought-after service.

Even though a local bookkeeper may only charge modest rates for their data entry services, a more far more experienced, diversified bookkeeping business – or full service operations management business – would earn significantly more for their services.

If you’re thinking of starting a bookkeeping business, you should consider becoming a licensee with National Bookkeeping, where you’ll receive access to EzyLearn’s Word. Excel, MYOB and Xero training courses, as well as any future ones. Alternatively, to learn more about starting a bookkeeping business or about working as a local bookkeeper, continue reading our blog.

Bookkeeping work and pay rates

By the way, if you want to take a look at the indicative pricing for certain types of bookkeeping/accounting tasks, read the Natbooks page about bookkeeping rates.

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Why Start a Bookkeeping Business?

Australia needs bookkeepers!

start a bookkeeping business
It can be daunting knowing where to get your first clients when you start your own business.

EVERY BUSINESS HAS A LEGAL requirement to file an annual tax return, and for some businesses, a quarterly or monthly business activity statement (BAS).

Accurate record keeping and data entry is a crucial component of filing both, and with the increasing number of start-ups and new small businesses in Australia, the demand for a good, reliable bookkeeper has been growing steadily.

People start their own businesses for a variety of reasons, but usually it’s because they need flexibility and want to do work that is rewarding.

For some people, starting their own business is the next natural step in their career – perhaps they’ve worked for many years as hairdresser in someone else’s salon; or worked for someone else as a chef or photographer or builder, and going out on their own just makes good career sense.

Bookkeeping: the low-risk, high reward business option

However, for many, the career path isn’t so clear, or they always may have seen themselves shackled to a job working for someone else. To them, starting a business always seemed like something that hinged on a really great idea or new invention, and in absence of either, it has remained out of their grasp.

But it’s not. Becoming a bookkeeper is an accessible, low-risk new business option for any self-motivated person with good computer skills. You don’t even have to love being a number cruncher to be a good bookkeeper, because most bookkeepers don’t do much number crunching these days anyway.

The multi-talented bookkeeper

With the rise of cloud-accounting software like Xero and MYOB Account Right Live, for which we offer online training courses in both platforms, most bookkeepers set up the bank feeds option for their clients, which automatically matches transactions in their bank account with the transactions in their accounting software. This eliminates much of the grunt work associated with the data entry aspect of bookkeeping, freeing the bookkeeper up to do other things for their clients (like BAS) or even pick up some extra clients.

Increasingly, though, and this is largely due to the number of new bookkeepers who don’t come from a finance or accounting background, many bookkeepers are diversifying in the services they offer by performing other functions within their clients’ businesses. This demand for multi-talented bookkeepers brings me back to what I was saying earlier in this post about the growing number of new small businesses.

With great demand, comes great opportunity

As more people start new businesses, which only looks set to increase over the next couple of years thanks to the many tax breaks included in this year’s federal budget, these businesses require more than a good, reliable bookkeeper; they also need web developers, content marketers, virtual assistants, operational managers, and the like.

Hiring several different contractors to manage each aspect of their business is not only costly – it’s also time consuming. Most business owners would rather hire just one or two contractors who have a broad base of skills – a bookkeeper with administration and operational experience or a content marketer with web design experience, for example.

Develop valuable business skills

A bookkeeper with business administration skills, which can be obtained by enrolling in our Small Business Management Course, is a valuable asset to any business — and it doesn’t mean you have to become a Jack (or Jill) of all trades.

EzyLearn is passionate about helping people start their own bookkeeping businesses, and to this end, we have worked to help develop National Bookkeeping, an Australia-wide network of Australian bookkeepers and registered BAS agents, which helps to match small businesses with a bookkeeping professional that meets their business needs. National Bookkeeping is now looking to expand its network by licensing its business to people who would like to start a bookkeeping business.

Becoming a National Bookkeeping Licensee

Ever since we started delivering our MYOB training courses online, and watched as other tools like Dropbox and WordPress and the many Google apps made it easier and easier for people work entirely from their home office, we’ve wanted to help people to start their own home-based bookkeeping business.

Finally that dream of ours has been realised with our partnership with National Bookkeeping. As part of the National Bookkeeping partnership, we’re offering our Microsoft Word, Microsoft Excel, MYOB and Xero Training Courses to National Bookkeeping licensees.

The reason for this is that we believe that continued learning and professional development is crucial for every business owner, especially if they want to stay ahead of trends and new developments in their industry and if you’re interested in becoming an independent contractor running a bookkeeping business from home then these software programs are essential.

Stay ahead of industry trends

Keeping up with industry developments is something we do as a matter of priority at EzyLearn because we want to be able to provide training courses that are relevant to the latest trends, which is why we’re busy working with some of the top digital marketers and strategists to develop our Content Marketing course.

When you become a National Bookkeeping licensee, you’ll have access to this Content Marketing training course as part of the small business marketing course which is available as an optional extra. This will help you market your services more effectively.

***

lifelong learning platform woman online learning for lifeIf you would like to learn more about National Bookkeeping or becoming a licensee, visit the National Bookkeeping website or register your interest online. For more information on starting a bookkeeping business, continue reading our blog, which we constantly update with news and advice on starting a business.

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An Aussie Dies In Accounting Wars

R.I.P. Reach Accounting

Reach Accounting Service Shut DownA member of our team was recently asked to recommend a few low-cost, cloud-based invoicing programs to a friend. He’d recently started his own business and for the last few months had been using Excel to create and send invoices to his clients.

[quote]Surprisingly, Microsoft Excel is still a very popular way to create and send invoices for many small business owners,[/quote]

but since Xero and other cloud-accounting programs appeared on the scene, I didn’t think many people still used Excel for invoicing.

Microsoft Excel 2007 Beginners training courses and certificateThis person was using Microsoft Excel because, while he found Xero impressive, the majority of its functions would go unused, so he couldn’t justify the price tag. He was just after something that would allow him to create invoices, estimates and input his expenses. We’ve mentioned three low-cost options in this blog: Quickbooks, Zoho, and Reach Accounting, the latter of which I championed due to it being Australian-owned. EzyLearn developed a course for Reach Accounting and we were the official training provider but sadly they recently shut down their services.

Reach Accounting was officially shut down at the end of April of this year as it’s parent company Net Registry pushes further into the online marketing space to position itself as a one-stop small business start-up shop.

Google reveals Reach Accounting is shutting down

Google Reveals Reach Accounting is shutting down

With Net Registry, you can register a domain name, build a website, and market your business; cloud-accounting seemed, like a logical extension of their offering, and they marketed it heavily to small business owners – sole traders, in particular.

Then, in March, Reach Accounting notified users by email that, effective April 30 of this year (2015), Reach Accounting was closing. And without any fanfare, it did just that and quietly disappeared. There’s no longer any trace of it at the Reach Accounting domain name, and no reason given for its departure from the online accounting space that it so actively pursued not so long ago, but there is still a hint of life on the NetRegistry website – at the time of writing they were still showing the service at their main website: http://www.netregistry.com.au/resources/reach-accounting/

Reach Accounting’s life was a short one. Net Registry acquired a 50 percent stake in the Aussie start-up in 2011, and immediately began offering the software to its existing customers for free. Anyone else looking for a cheap accounting package would pay $14.95 a month.

Can you be too cheap to survive or is there more to it?

In 2011 $14.95 per month was cheap for accounting software – it’s nearest serious competitor at the time was Xero at around $50 a month, and Zoho, which was, and still, is an American-based company with no local operations. Then came the Aussie offerings, Saasu and Reckon, as well as the re-entry of the US-based Quickbooks. The marketplace was suddenly very crowded.

In 2014 Melbourne IT acquired Net Registry for a cool $50M. The acquisition came off the back of some upheaval at Melbourne IT, whose long-time CEO had left the previous December while it struggled to compete in the cloud-computing space; in March the previous year, Melbourne IT had sold off it’s highly lucrative digital marketing unit to a US-based company for $152m, which was nearly equal to the company’s entire market capitalisation at the time.

Perhaps, then, when faced with stiff competition from other local and overseas cloud-accounting services, under the direction of Melbourne IT, the newly realigned Net Registry saw no commercial value in continue its accounting service. If we hear any news for Reach Accounting users we’ll pass it on.

Does this teach you a lesson in your own business?

The skills taught in the Small Business Startup and Admin course have a foundation in researching the:

  • Need for your services,
  • Product and service offering, and
  • Pricing structures

Once you master these skills you should be honing them all the time to understand what you need to do to remain relevant in the market place for your services.

[quote]If you operate a bookkeeping business for example it is a very good idea to learn how to use Xero Accounting software now because more and more small businesses are using it and want someone to do their books for them.[/quote]

We offer all of our Xero Training Courses for one low price (and 12 months access).

Is MYOB the future of cloud accounting?

Intuit Quickbooks is the elephant-in-the-room for MYOB and Xero Cloud AccountingI’ve written before about how MYOB could get SMASHED by it’s VERY large US Competitor, but MYOB could still be the future of cloud accounting. New players could spell the end of the long-established MYOB or possibly even Xero, but maybe the biggest thing MYOB has up its sleeve is its long, rich history. As far as market share goes, MYOB still occupies the majority of it and, while it may appear slow at adopting new features, you can at least count on it being around in the near future.

That’s why our MYOB training courses have always been, and remain to be, the most popular out of our entire suite of training courses because, despite the grumblings of many small business owners, MYOB is still a major player in the accounting software space. As for our friend, he ended up choosing Zoho for his invoicing needs. He was sold on its ease-of-use, powerful smartphone and tablet app, and its easy-to-decipher pricing plan.

Long live Reach, the Aussie accounting software that could(‘nt)!

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Can a Bookkeeper Give Online Marketing Advice??

Outsourced Online Content Marketing and Bookkeeping

What is Content Marketing and Does it Work?

Measurement of success of content marketing campaignI recently wrote about content marketing and how we have used it for years to ensure our MYOB and Excel Courses appear in Google’s organic search results. I touched on the topic of “who is your audience”, why it’s important and how it may affect your writing style – in reality you just need to write like you are sending an email to a friend, don’t you think – but one of the most important things is to measure the results of your work.

We started using WordPress as our website development platform because it’s relatively easy to use, but mainly because millions of people use it around the world and there are LOT’s of great tools within the platform that enable any business owner to take control of their website and improve it bit by bit every week or month. It’s like the Microsoft Word of content management systems and enables all of the functionality that most people want to see in a professional website, including the capability of enabling a mobile friendly site (important with the new changes in Google for mobile optimised websites).

If you are starting a content marketing strategy the main thing I can recommend is to keep working at your website every week, writing great new, and relevant content and most of all check your results. The image in this blog post demonstrates the success we had helping one company improve constantly in their organic rankings (in a pretty competitive market). All they did is kept adding relevant text that helps website visitors and wrote regular posts.

Want To Learn How To Do This?

Can anyone do this? Yes they can. Like most things there is a formula to success and it takes constant work and regular improvement. I’ve teamed up with a content writer and a digital strategist (could you imagine seeing that job description even 15 years ago?!), to create a course designed to help you learn how to plan and execute a content marketing strategy.

[box type=”tick” size=”large” style=”rounded” border=”full”]If you are interested in learning more, visit our content marketing course page and join the waiting list – I’ll announce when the course is completed and you’ll receive a special invitation offer.[/box]

Can a Bookkeeper Do Content Marketing?

I was speaking with Ray from the Startup Academy and we were talking about what makes a good bookkeeper. He mentioned a conversation he had with an experienced bookkeeper he knows who has been bookkeeping for quite a few years and she mentioned that her focus is changing, that she is now starting to spend time on all sorts of aspects of the finance and administration of the businesses she works for. Because of her knowledge and experience she is able to take over many of the other “operational and administration” aspects of her clients businesses and as a result she can:

  • Do more work for fewer clients (easier to manage, yet still spreads her risk between several clients)
  • Perform more varied tasks for her small business clients
  • Earn a higher rate of pay

Can a Bookkeeper Become a Small Business Manager?

How bookkeepers can earn a higher rateHave you read about our relatively new initiative to help people start their own bookkeeping business? One of the training courses we include is the small business management course and we’ve included it because it helps you clearly define the operational aspects of your business plan. Things like

  • how many customers do you want,
  • how much do you want to charge,
  • what type of work do you want to do etc.

Although there are fairly standard rates that bookkeeper charge for bookkeeping work, these rates can increase if your skill base is broader and you can become more valuable to your clients.

I read a recent article in the Sydney Morning Herald (from Feb 27, 2015, by Alexandra Cain) where she talks about the number of bookkeepers there are in Australia (estimated to be 250,000) compared to the number of bookkeepers who are registered with the Tax Practitioners Board as How to become a Registered BAS Agent (12,000). Alexandra introduces the topic of what type of work bookkeepers do and it’s highly practical for them to venture into many other parts of the business.

Every Course To Be Included in National Bookkeeping Package

Start a bookkeeping business not a franchiseThis is the news that I have been waiting to announce – that we will be including ALL of our courses and any future courses to people who join our new bookkeeping business opportunity, National Bookkeeping. New members will receive thousands of dollars worth of training courses in EVERY course we have so they’ll have knowledge (and access to a knowledge base) about

  • Marketing,
  • Website design, Blogging and Internet Marketing
  • Content marketing, plus using Microsoft Office Applications like,
  • Microsoft Word, Excel, PowerPoint etc

We have courses on using help desk software like ZenDesk (that we use), Dropbox and stacks of other short online courses, PLUS we’ll be creating new ones during the year (and the next and the next) that National Bookkeeping Licensee will have access to.

If you are interested in exploring this opportunity further, feel free to go through the Bookkeeping Business Opportunity FAQ’s or make contact with us for more information.

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5 x MYOB Training Courses and 12 Months Access

MYOB Training Courses delivered in Sydney, Melbourne, Brisbane, Adelaide, Perth, Darwin and HobartMYOB Courses

Because it’s the beginning of the year we are receiving a lot of calls from students who are looking to do an MYOB Course so we are thrilled to confirm that we offer access to ALL of our MYOB Courses for one low price and 12 months course access.

When we say ALL, we mean

Why All MYOB Courses for One Price?

You can follow our journey from operating training centres in Sydney’s Dee Why, to the decision to go 100% online at the About EzyLearn page on our website, but I’ll sum it up in 1 paragraph here:

We can guarantee consistent course content to every student, with MYOB Course content developed over 15 years in teaching people how to use MYOB and from some of the best MYOB Trainers in Australia. By creating our own MYOB courses and updating them we are able to focus on the content of our courses as well as the systems to support it online rather than paying for office rent, computers and software licences, trainers and advertising.

MYOB Course Options

The only decision you need to make is whether you want an MYOB certificate and 12 months or lifetime course access. Remember that unlike some MYOB course providers our students can move freely from one course to the next as they please and use the course as a resource while at their new job or operating their own bookkeeping business.

MYOB Videos, Training Workbooks and Knowledge Reviews

With a 100% focus on MYOB Course content we create every form of training material for MYOB accounting software: Videos, Workbooks (with step-by-step exercises) and Knowledge Reviews that test your skills. You can watch a video and try to replicate it with the free MYOB software or follow the exercises in the MYOB Trainingg Workbooks to perform tasks that bookkeepers perform every day in their working environment.

Money-back Guarantee

When we were the first training company to offer MYOB courses online in 2008 we offered the money-back guarantee because not everybody had great broadband Internet speeds, not everyone knew how to navigate around websites and online learning management systems and people where generally scared to use their credit card online. Now-a-days we find that the biggest reason some students find it a comfort is because many students are Mac users and are not sure that they would learn by using MYOB Course content created for the Windows versions of the MYOB software.

Why Thousands of Students Choose EzyLearn for MYOB EVERY Year

We use the Content Marketing approach to building our brand and product awareness and it takes a lot of effort to put the amount of detail we put on our website and in our blog posts. We do it because it shows an ongoing commitment to openness but also to leave no doubt as to exactly what we offer and how we support it. If you want to get to know more about us read some of our blog posts or watch some sample videos. If you are ready to enrol into an online MYOB course then enrol now online and start by 5pm next business day!

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69% of MYOB Skills Test Students Failed – Would You?

MYOB Skills Test and online training coursesMYOB Skills Test

It’s that time of the year again when people are acting on their new years resolutions and embarking on training to improve their knowledge and skills. In 2011 we introduce a free MYOB online skills test that anyone can do to test their knowledge of MYOB software and it interesting to see that the average score has increased from 40% to 55% over the last 4 years!

What more interesting is that most attempts resulted in a fail score – 69% of students failed to pass. You can do the test several times if you want and if you get an answer wrong the skills test can show you the correct answer – it helps you learn.

We have a test like this at the end of each section of each course (ie. there are lots of them) and we focus on using them to help students consolidate what they’ve learnt as well as show them what the correct answer is. We see our knowledge reviews as a teaching aid rather than something to be scared of.

If you are interested in learning how to use MYOB to find bookkeeping work or start your own bookkeeping business look at what is included in our MYOB Courses (5 courses for the price of one) and start your journey on a new career or the flexibility of having your own bookkeeping business.