For small businesses bookkeeping isn’t a full time job. It’s often something done by the owner themselves or their partner in life and these people are not usually that good at it – PLUS they’re family and that throws up all sorts of issues and resentments.
Wives, girlfriends, partners and friends are often chosen as the small business bookkeeper because they are either cheap or trustworthy but that isn’t always a good reason to “use” them.
Many bookkeeping jobs are part time, casual or contract jobs because they only require a few hours to a day a week to do and that is why so many students start a bookkeeping business. A big problem with this approach is lack of skills in marketing and sales but the Bookkeeping Academy can help.
With $41.9 Billion budgeted to be spend on the NDIS there is little wonder everyone is exploring disability care as either a job opportunity or a business opportunity. It’s not just individuals who are exploring this industry but accounting software and technology firms too.
I wrote about HNRY, the full service accounting software, accountant and bank account for small business owners that only charges a small percentage to cover ALL of these costs but other firms are also appearing to help everyone in the NDIS ecosystem, including Splose.
I’ve been on Twitter since March 2009 but I don’t use it as much as I could have, how about you? Lately we’ve been Tweeting about recent enrolments and graduates who have received their certificates because it is a great digital marketing tool to get short messages published. If you go to our website you’ll notice that these Tweets appear in a rotating banner at the top of the page.
Twitter is going through a massive transformation under Elon Musk and whether you like it or not you’ll find that Elon will achieve his goals for the software company. The reason is simple – he is constantly “iterating” and testing and measuring to see what works and what doesn’t work.
What I think will become the most fascinating aspect of Twitter is when it starts becoming a peer to peer payment platform.
Xero have just announced their financial and performance results and the headline figures show strong subscriber growth all over the world, including UK and US where they are trying very hard to get market share like they have in Australia.
It’s now more evident than ever that if you get certified in Xero that you could work for a business in most modern countries around the world. Is that what they called Internationally Accredited?
Many new students learnt how to use online accounting software like Xero and MYOB Business Essentials during the Covid Period because they were working remotely from home. Most of those students thought we had just started working from home ourselves but we told them we’ve been online for over a decade.
The conversation topics that came up a lot was how can you work from home, do you get lonely, do you get distracted etc?
The reality is that our entire team work from home and once you are used to the discipline of working from home you can take lots of breaks when you need them and can focus better on customer service. I found some research that showed just how much time people are now spending alone.
There are many ways to get started with a career in finance and bookkeeping. For those looking for a nationally recognised qualification, something like a Cert IV is a great way to learn the skills you need to find work or continue in your studies.
The Certificate IV in Accounting and Bookkeeping is a national accreditation provided by registered training organisations (RTOs). It can start you on your way to becoming a registered BAS agent, or prepare you for roles like payroll officer and bookkeeper. But the qualification has recently been updated!
Airtasker is an Australian success story in the Gig-economy for individuals who want their own micro business doing odd jobs for other people. Just like Uber, Ebay and other online marketplaces they leverage their digital marketing and brand to help individuals find clients and customers – for a fee.
Airtasker and marketplaces are a great place for people who want to start their own business but these systems fail when a better alternative comes along.
MANY YEARS AGO I spent $100,000 in advertising in one year. But I didn’t make truckloads of money and became utterly exhausted with the sales process. Yet I still see companies using this approach today: Selling short courses for over-inflated prices to recoup the money they spend on advertising.
When I spent that exorbitant chunk of money on advertising, I then had to hire more people to sell the courses. I had to train these people about what was in the courses, and train the trainers and, well to cut a long story short, spend so much more on resources and overheads that I didn’t make a huge sum of money out of the whole venture at all.
THE ULTIMATE GOAL of a job site (and they are not all created equal!) is to deliver the highest volume of candidate applications to the job poster (the recruiter or employer), while also providing candidates (job-seekers) with access to the highest volume of top-quality job listings.
Since recruitment classifieds moved online more than two decades ago, the ease with which job-seekers could apply for jobs increased.
Why smaller job sites are not always best for smaller, one-off jobs
WHILE AUSTRALIA HAS NO shortage of jobs sites, only one of them dominates the Australian job market: Seek. It’s the largest and most profitable job board in the country — and the operator of leading sites around the world, in China, Southeast Asia and Latin America.
In Australia, Seek controls 85 percent of the online recruitment market, with 173,000 job listings and average monthly traffic of 19.2 million visitors; nearest competing job board Indeed, the aggregator owned by Japan-based Recruit Holdings, has 106,000 listings and average monthly traffic of 9.3 million visitors.
But there are many smaller websites where accounting jobs can be found.
JOB SITES ARE IN ABUNDANCE in Australia. The market leader is Seek, which controls 85 percent of the online recruitment market. Most job site advertisers use Seek because they will get the widest and potentially best range of job applicants and job seekers.
Typically, if you’re looking for a good-quality job that doesn’t tie you to a specific industry — the way journalism ties journalists to the media industry, or construction work ties builders and plumbers and cabinet-makers to the construction industry — you’ll find it on Seek. But here are 8 more website you can use.
But while there are close to a dozen cloud accounting systems on the market, most bookkeepers — thankfully — will only need to know their way around three: Xero, MYOB and QuickBooks. If you’re looking for a course or training resource on these programs we have a combo offer.
However, very few systems are dedicated to helping the bookkeeper, tax or BAS agent or accountant manage their clients — that’s the builders and tradespeople, virtual assistants and online shops and retail outlets they provide bookkeeping and tax services to. Until now.
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.