Full time and part time jobs are the most popular types of jobs because they’re the original working format, where you exchange your time (hours) for money.
Job boards like Seek are the preferred place to look for a job because most employers use this job board but for part-time and casual work more people are turning towards classifieds directories and project bidding sites like Airtasker, Gumtree, Fiverr.
These website are part of the gig economy revolution which spawned sites like Uber and AirBNB that focus on the needs of matching employers and contractors for specific jobs and often for a short or limited time.
UpWork (formerly Odesk) and Freelancer are just some of the sites where contractors or those looking to earn money in a “side-hussle” use these platforms to supplement their incomes.
Critical Office Skills and Job Seeker Confidence with Microsoft Office Essentials
A HUGE PERCENTAGE of EzyLearn students complete an online course with us because they are looking for a new job. However, many people lack confidence because they are not competent using Microsoft Office software programs.
At EzyLearn, we have always included Beginners to Advanced-level training content for our software courses; we don’t want students wasting their time worrying about whether they should do Beginners, Intermediate or Advanced. That said, we’ve consistently had requests for a combination course.
One of the most powerful internet based applications that we use everyday is Dropbox. It’s powerful because it enables you to automatically backup any files you save into your Dropbox folder AND it enables you to access your files from any computer. When you delve deeper into Dropbox and start using it on your Smartphone you’ll also discover that every photo you take on your phone (and screen shot) can be automatically saved into your “Camera Uploads” folder within Dropbox so no matter how much phone storage space you have you’ll always have a copy of images in Dropbox.
I personally use Google Apps for emailing, contacts, calendar etc because many years ago when I made the switch it was free and Google’s email program (gmail) had the best SPAM filtering on the market so I was guaranteed to only receive the emails I wanted and not all the rubbish — before then I used Microsoft Outlook for many years. Our Microsoft Outlook courses will teach you how to:
Manage your emails
Manage your calendar and meeting appointments
Manage contacts and use Outlook as a CRM
Manage tasks and checklists
Our Microsoft Outlook training course is not available separately but is included as part of our Microsoft Office Beginners Essentials training courses. With a confident knowledge of all of these Microsoft Office Productivity programs you’ll perform better in any job interview and who knows maybe even be able to help other people in the organisation!
Would you like to be an EzyLearn Trainer?
We’ve beefed up our EzyLearn Partner program — if you want to earn a couple hundred dollars a week OR make a living out of using and teaching people how to use computer software, Internet services, accounting software and online marketing, then take a look at our EzyLearn Partner page.
Questions can ‘weed out’ bookkeepers until you get your perfect fit
I 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.
The questions you should be asking a prospective bookkeeper:
How long have you been performing bookkeeping work?
What type of bookkeeping tasks can you perform?
Are you familiar with cloud accounting software and, if so, which ones?
When are you available to do bookkeeping work?
Where are you based?
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.
I 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.
Case Study: Tradespeople Using Xero Cloud Accounting
Tradies 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
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!
As 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.
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.
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.
These 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.
The 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.
I 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.
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
I 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
We’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.
Despite the fierce competition from MYOB to own the cloud-based accounting market, Xero cloud accounting software is powering along and many of our course enrolments have come from existing bookkeepers who are being directed towards Xero by their clients. We’ve priced our Xero course to be comparable with our MYOB course so it’s currently cheaper but we’re listening to our bookkeeping students to add course content that is relevant to their needs.
What xero bookkeepers want to know
Xero enables you to login from any computer via the internet so trades people, professional services providers and even retail and food outlets can access their accounting software from a tablet, Mac, Windows PC or even their smart phone so it’s little wonder that small business are moving to Xero in the cloud. It’s also proving popular because bank reconciliations can be performed from anywhere by Xero bookkeepers using bank feeds as opposed to printed bank statements.
Payroll is live and constantly updated AND the payroll function can be performed by experienced payroll bookkeepers no matter where they are located in Australia or around the world.
Xero Answers for Xero Bookkeepers
Not long after we began offering LIFETIME course access for our online MYOB courses back in 2011 we introduced a service called EzyLearn ANSWERS and we’re now extending that service to our Xero training courses. We’ve included our Xero course in the EzyLearn ANSWERS service because of the large number of bookkeepers asking questions about how to use the more advanced functionality, because we want to add more new content to the course and we want to add new content that is relevant to bookkeeping working with their small business clients.
The best news is that every Xero course student has access to this service and our bookkeeping course creator, Jacci, who is an assistant accountant and registered BAS agent is keen to see how she can help.
Learn MYOB and Microsoft Excel and get Microsoft Word Course for free
One 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.
If it was it sounds like you want to start your own business and if that is the case you’ll be thrilled to learn about the EzyStartUp Course! I’ve been harping on about tools to help people start their own business and I’m excited to that:
We’ve combined the five small Business StartUp Course subjects with all of our software courses (MYOB, Xero, Excel, Word, PowerPoint) and templates to go out and start earning money as an independent consultant
There’s no longer any excuses because all you have to do now is follow the steps and use the tools. If there is any training you need to use the software, it’s included. If you get stuck and need to speak to someone we’ve got a team of mentors who are willing to help you in your quest.
This Business StartUp Course is aimed at helping people who have existing skills to operate their own business as a contractor to perform work and charge for their time or for achieving milestones for their clients. Typical professions include:
Bookkeepers
Content Writers
Photographers
Website designers
Graphic Designers
Fitness instructors
Safety Consultants
HR Consultants
Training and Support consultants
Virtual Assistants
You’ll also be happy to know that we’ve already started back after the festive season holidays so come and learn something new to achieve your personal and business goals in 2016.
Remember that students who enrol into the Business StartUp Course will have a mentor that they can speak to if they need help or inspiration during the course and while starting their business and you can receive course finance with interest free repayments for 6 months.
Following his $1 billion innovation announcement in December, Prime Minister Malcolm Turnbull received quite a grilling on the ABC program 7.30, hosted by Leigh Sales, who brought up one of the most widely criticised initiatives of the Abbott-Turnbull Coalition government: the NBN.
Although the government’s innovation statement was generally met with praise, especially for its $200 million commitment to funding the CSIRO (which, under the previous Abbott-led government, had its funding cut by $111 million), as well as a number of other measures that will make it easier for scientific research to be commercialised and encourage more children to learn coding and other computer sciences at school, there was criticism that no mention was made of the NBN.Continue reading Will The Ideas Boom be NBN-Paced?
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.
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.
There is a fairly significant gender imbalance when you look at the people holding executive positions in the corporate world. Sure, there are the Gail Kellys and Marissa Mayers, but men in managerial positions in the workplace still outnumber women two-to-one. Many people would contend that this is something to do with sexism, but sexism, gender inequality – whatever you want to call it – only tells part of the story. In order to understand why there are so few women in executive leadership positions in corporate Australia – and why more women are becoming small business entrepreneurs, instead – it helps to start from the very beginning.
When women enter the workforce, their participation rates are typically the same as they are for men, hovering at around 75 percent; in some industries, particularly clerical and administrative ones, women far outweigh men in the workplace. But despite this, and despite women being better educated (just 30 percent of men hold a bachelor degree, while 42 percent of women do), men continue to progress in their careers, moving from entry level and administrative roles through to managerial ones, while women don’t.
In fact, the decline in the number of women holding managerial positions (34 percent), compared with men (66 percent) is significant. Looking at those numbers alone, it’s easy to write this off as sexism, as men being promoted over women, but the truth is that the decline in women in managerial positions is commensurate with the overall decline in women in the workforce, period.
So where have all the women gone?
Well, at the risk of coming off as a bit 1950s, they’ve left work to raise their children. The reason they haven’t returned to their careers, though, is not for want of trying. It’s because being a working mum is a logistical and, as a result, professional, nightmare. To start, there’s the distinct lack of affordable, high quality childcare, which has reached such a crisis point that the Federal Government, on the recommendation of the Productivity Commission, is trialing a nanny subsidy scheme, which would allow families to receive a government subsidy for the cost of hiring an (approved) nanny to care for their children.
That scheme, which commences in January 2016, will involve 4,000 nannies and up to 10,000 children and, if it passes the pilot stage, is estimated to help the 165,000 Australian parents who can’t work or can’t work enough due to problems accessing childcare. But all the childcare in the world won’t make up for a generally inhospitable workplace culture for working mothers.
Even though almost all Australian businesses are supposed to offer flexible working arrangements for parents, none of them actually have to practice it. As long as an organisation doesn’t blatantly discriminate against their working-parent employees, they’re well within their rights to tell mums requesting flexible working arrangements (such as, starting and finishing later, working one day from home, etc) that their request has been refused due to one of the following reasonable business grounds:
The requested arrangements are too costly
Other employees’ working arrangements can’t be changed to accommodate the request
It’s impractical to change other employees’ working arrangements or hire new employees to accommodate the request
The request would result in a significant loss of productivity or have a significant negative impact on customer service.
Women are more entrepreneurial than men
This is not to say that gender inequality doesn’t figure in the underrepresentation of women in the workplace, because it does; certainly with respect to wage inequality. Although, to be fair, it’s not always men that create inhospitable working environments for women with kids. There’s often a lot of girl-on-girl crime going on here, especially when it comes to mums requesting for flexibility that isn’t also extended to women without kids.
Nevertheless, in the stuffy, old corporate world, usually controlled by men, biology means women nearly always start off on the backfoot. But it doesn’t have to continue to be the case, especially not today. With a society that’s never been more interconnected, thanks to changing technologies and greater access to high-speed internet, women have a greater opportunity to use their skills and talents to launch their own businesses, and to operate them from home.
Mia Freedman is probably Australia’s best example of female entrepreneurship. She’s the publisher of the Mamamia Women’s Network, this country’s fastest growing and most popular network of women’s websites. Freedman launched the company’s flagship website, Mamamia, in 2008 as a personal blog she updated from her kitchen bench – and sometimes her couch – after she left a career in women’s magazines; today, with iVillage and theglow.com.au, Mamamia now reaches 5 million unique readers each month.
But Freedman isn’t the only mumpreneur. There are scores and scores of women launching their own businesses. In the last five years, the rate of women starting businesses increased 7 percent, compared to 1.9 percent for men. In NSW alone, women make up one third of the state’s 650,000 small businesses, according to data from the NSW Department of Trade and Investment. And with the Government’s $20k immediate tax write-off for asset purchases, there really has never been a better time to start your own home-based business.
Are you the next mumpreneur?
EzyLearn has a long, proud history of helping mums to reenter the workforce, and we’d like to continue that tradition by helping more mums to start their own home-based businesses. Whether you’d like to use your talent and expertise to start your own bookkeeping business or work as a freelance blogger, writing posts – just like this one – for other businesses, we can help.
We’ve recently created two new courses – one on content marketing and another on blogging for business – in addition to our other suite of training courses that includes our small business StartUp course as well as our flagship MYOB training courses, which can each provide you with the skills you need to start and operate your own home-based business as a remote or contract worker. We’ve also started the StartUp Academy with a number of business opportunities available to help self-motivated people to start their own businesses, across an array of industries and professions.
There is a co-working / shared / serviced office business with casual day care rates
If you’re a mum looking to return to work and you live in Sydney, childcare costs are probably one of the biggest hurdles you’ll have to overcome – that is, in addition to flexible workplaces, transport, and affordability, of course! But it’s not just mums returning to work for an employer that have trouble accessing childcare, it’s also mums who work from home.
Being self-employed comes with abundant distractions as it is – being in close proximity to the fridge, the TV, an overflowing laundry basket – but with small children around competing for your attention all the time, it becomes even harder to get any work done.
Then there’s the issue of trying to make a business call without the other person hearing your kids in the background, or of finding childminding for a couple of hours while you have a business meeting. As difficult as it is for mothers to return to a structured work environment, it’s also equally difficult to work in an unstructured one. As it happens, this is an experience shared by many other women, particularly now that there are more women starting their own businesses after having children.
WOTSO, the co-workspace with a wabbit
With the startup culture in Australia thriving, co-workspaces have grown in popularity. Once the favourite haunt of hip, young, creatives in urban city centres, like Sydney’s Ultimo, Chippendale or Darlinghurst, co-workspaces soon began to expand into the suburbs – there are several located on Sydney’s Northern Beaches, while a few more have popped up in the western suburbs.
Among those workspaces, are WOTSO Workspaces, a group of flexible workspaces located throughout Sydney, Canberra and the Gold Coast.But it’s in their Neutral Bay workspace, located on Sydney’s North Shore, that WOTSO came up with a rather simple, yet ingenious, service to offer their tenants: a creche service they called WOTSO Wabbits.
The WOTSO Wabbits service came about after a couple of WOTSO employees became mums themselves and wanted to return to work, but couldn’t find any reliable childcare for the hours they needed it. And so the WOTSO Wabbits service was born, which began at the Neutral Bay site as a trial but was so popular that it’s now being rolled out to the group’s North Strathfield, Pyrmont and Gold Coast locations.
Childminding by the hour for working parents
For self-employed parents (or parents who telework), the biggest drawcard is that you only need to book and pay for the WOTSO Wabbits service as you need it. If you only need it for three hours, you don’t have to pay for a full day like you do at a childcare centre; you’re also not locked into childminding on any specific day or days each week. This detail shouldn’t be overlooked as being insignificant.
Most self-employed mums only work part time hours so they still have the time to be with their kids, and childcare can’t be claimed as a business expense. There seems little sense in paying for day-long childcare every week, when you only really need it for a few hours – or may only need it occasionally.
Besides, childcare is in short supply as it is. If there were more services available for parents who only need childminding for their children for a few hours, each week that would free up childcare for the parents who have full time jobs to go back to, but who are having difficulties accessing childcare when and where they need it.
Now’s the time to start a home-based business
I know I’ve said this before, but I’m yet to find any evidence to the contrary: there has never been a better time to start your own business. With the number of government incentives currently available, the greater opportunities to work from home, and a general culture that’s more nurturing and conducive to entrepreneurship, there really aren’t any good reasons why, if you’ve got the talent, drive, and desire to start your own business, you shouldn’t be doing it now – unless, of course, you’d like to continue duking it out for a job in the ever-decreasing pool of permanent employment.
If you’d like to start your own home-based business, EzyLearn has recently started the StartUp Academy, which has a number of business opportunities, across an array of industries and professions, who can give you the training and coaching you need to make your business a success. Alternatively, to read more about starting a business, subscribe to our blog, or visit our website for a list of training courses that can help you with the various aspects of operating a small business.
Fewer families today can prosper on a single income, but even if they can, there are even fewer mums who want to completely disconnect from the working world. The benefits of being employed and contributing to the corporate world extend beyond the financial; working provides a person with a sense of accomplishment, by keeping them stimulated and engaged in something they enjoy. Unfortunately, there are many barriers, both financial and practical, that prevent many women returning to work after having children.
The high cost of daycare
For most families, childcare is the biggest hurdle to overcome. In this country, childcare is in relatively short supply and that makes it costly. Even in a major city like Sydney, it’s difficult to secure a space at a childcare centre at the location, cost, quality and with the hours most families require; it’s even more difficult in regional areas.
The issue reached such a crisis point that in 2013 the Productivity Commission launched an inquiry into Australia’s childcare problem, and its findings were stark. According to the Commission, there were 165,000 Australian parents who can’t work or can’t work enough because of access to childcare, while 26% of children under the age of 12 are cared for by grandparents. The Productivity Commission recommended that the Government invest $246 million (in addition to the $7 billion it already spends in funding to the early childhood sector) to fund a nanny subsidy pilot scheme, which will begin in January 2016.
The pilot, which will involve about 4,000 nannies and up to 10,000 children, will assist households with a combined income of below $250,000 to employ a registered nanny to care for their children, the cost of which will be eligible for a rebate similar to the childcare rebate. It’s a good start, but there are still a bundle of other issues working mothers face.
Flexible workplaces
Workplaces that aren’t flexible with their working hours or arrangements are the next biggest hurdle most working mums (and dads) face. Australia’s industrial relations laws require all Australian workplaces to allow new parents – whether they’re mums or dads – to request a more flexible working arrangement, however there’s no requirement for workplaces to agree to those requests. Employers that can’t or won’t offer some flexibility in the working arrangements of parents, often force new parents to extend their maternity leave until childcare becomes available, or to leave that job altogether.
Even if childcare is available when parents need it and for the hours they require, without a flexible working environment, it still doesn’t make it any easier for parents to keep working full time after they have children. Kids get sick, especially very young children, and even when they’re school-age, they have ten weeks of school holidays every year, when a full time employee is only entitled to a maximum of four.
Turning up to an office at 8.30am, Monday through Friday, and until late in the evening is virtually impossible when you have young children, as most parents already know. But the corporate world has been very slow to recognise and respond to this fact. There is hope yet, however. As technology and cloud computing has made it easier and more cost-efficient for businesses to allow their employees to work remotely from home – or at co-working spaces, like the NSW Government’s Smart Work Hubs – there is greater opportunity for parents to continue working, after they have children.
Transport, travel costs and parking
Here we come to one more stumbling block for working mums, and it’s possibly the most overlooked. Even if all the stars align in your family’s favour and you can secure childcare for the days and hours you need, and are fortunate enough to have an employer who can be flexible with your working arrangement, you still need to be able to drop off and pick up your kids from childcare, which is difficult for parents who work in the CBD and usually take public transport to work. Most mums and dads take it in turns, which means both parents need to have a reasonably flexible workplace; a lot of families, however, rely on outside help – friends and grandparents – to pick their kids up when they can’t.
The rise of the “mumpreneur”
It’s little wonder, then, that more and more mums are becoming entrepreneurial by starting their own home-based businesses. I see a lot of mums take our training courses, either to learn a new skill in an area where employment is more flexible – such as bookkeeping – or because they’re starting their own business and they’re brushing up on their already existing skill sets. In fact, if it weren’t for mums looking for the skills to facilitate a career change, there mightn’t be an EzyLearn.
How EzyLearn came to be…
It was two mums based in Sydney who, under the EasyLearn name, began offering training courses to mums wanting to re-enter the workforce. I was also in the training business, using the name EzyLearn. When those mums decided to sell EasyLearn, I bought their business and continued their tradition of helping mums up-skill for work.
So if you’re a mum (or a dad!) and you’d like to start working from home, we’d gladly like to help you on your way. We have a number of training courses that can provide you with the skills you need to start a home-based bookkeeping business (our MYOB training courses) or content marketing (our blogging for business course). We’ve also partnered with WorkFace, which helps people to start their own home-based business and who have business opportunities available across a range of industries and professions. Or, for more tips, advice and news about starting your own business, subscribe to our blog.
IF YOU’RE LOOKING TO start your own bookkeeping business, or looking to hire a bookkeeper to help you with your bookkeeping, you might be wondering, how does a bookkeeper assess a business’s bookkeeping needs?
As it’s a legal requirement for every business to file a tax return and, sometimes, a quarterly business activity statement (BAS), it’s necessary, then, to keep accurate records of the business’s income and expenditure.
The process of keeping this up-to-date and, if the person is also registered to do so, complete any activity statements, is the role of a bookkeeper.
A bookkeeper, unless they’re just providing a business with general data entry services – reconciling accounts, paying invoices, chasing late payers – should be registered with the Tax Practitioners Board (TPB) as either a tax agent, BAS agent or both. If they’re not, and they don’t hold a bookkeeping or accounting certification, either, then they’re only qualified to charge for the general data entry services.
But, assuming they are TPB registered and qualified to prepare and lodge tax returns and activity statements, then there are a number of things you can typically expect of a bookkeeper during the first consultation with a prospective client.
Free consultation with bookkeeper: what to expect
1. Accounting data file health check
If a business already has an accounting package, a bookkeeper will perform what’s called a ‘health check’. This is a basic check to ensure the accounts have been set up properly in MYOB, Xero, Quickbooks or whatever accounting software the business happens to use – though it’s generally only these well-known packages that a bookkeeper will work with. If a business is using a lesser-known package, like Zoho books, for instance, they may not be able to work with it.
2. Recommend an accounting package
If a business doesn’t already have any accounting software – or maybe they do, but it’s not a package the bookkeeper is familiar with – they may recommend certain software for the business to use, typically MYOB, Xero or Quickbooks.
Generally, the bookkeeper will recommend that someone in the business is trained in whatever software they recommend, as there are some functions — invoicing for example, and even sometimes bank reconciliations — that the business will still need to take care of themselves to reduce their costs, unless the business wants to pay the bookkeeper to do this. Some bookkeepers provide this training so there’s a uniform approach to managing a business’s books.
3. Review of current systems/procedures
The bookkeeper may make recommendations to your general account keeping procedures or systems to improve or streamline them. This could involve, for instance, a recommendation to open a business bank account or using a certain credit card for payments; invoicing clients on a particular day of the week or as jobs are completed to improve cash flow, et cetera.
4. Draft a tentative action plan
In that plan, the bookkeeper will include a confidentiality agreement or letter of engagement which both parties need to sign; they’ll also make recommendations as to how the business should provide information, such as source documents which will differ based on the working arrangement. For instance, virtual bookkeepers may suggest uploading documents to Dropbox, while a local bookkeeper may go to the business’s premises or request the business to come to theirs.
The bookkeeper will also make suggestions as to how regularly their services would be required — once a week, month, and so on.
5. Answer any questions or queries
If the bookkeeper is registered tax agent, they should be able to tell you what sorts of expenses count as a tax deduction. Many people mistakenly believe that only an accountant can provide this sort of advice, but that isn’t true.
An accountant can only lodge and give tax advice if they’re a registered tax agent, and the same goes for a bookkeeper. Thus, should be well versed in Australian tax law.
Why a free initial bookkeeping consultation?
Typically this initial consultation is free and should take an hour or less and it also gives the bookkeeper an opportunity to see if you are the right fit for the client base they would like. Generally the initial consultation occurs in person, even if the bookkeeper will work from home or remotely once their services have been engaged.
In the case of virtual bookkeepers working in a different city or state to their clients, it’s now possible to carry out the initial consultation using Skype, Google Hangouts or any other video conferencing apps – or even just over the telephone.
If the bookkeeper finds that your circumstances are not ideal for their skills or time capacity they should have a network of other bookkeepers/accountants who they can refer to you.
DETERMINING YOUR PRICES, and whether you’re selling yourself too cheap, is a critical element in the success of your business, and in your own success as well.
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Xero is a great bookkeeping program for tradies who are on the go and using their phones (or a tablet) all the time. From receipts scanning to creating quotes and invoices, receiving payments and keeping track of project costs.
bookkeepercourse.com.au/produ…