Category: Start a business

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

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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. Continue reading How much should a local bookkeeper charge?

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Finally! Tax Deductions for Cars for Small Business Owners in the Federal Budget

Instant Tax Deduction, Just Add Money

invoicing small business
Here’s a carrot to start a new business and get instant tax deductions rather than deptreciation

In a recent post about subsidised childcare, I wrote about how the federal government has made it easier for families with one parent working at home to access subsidised childcare. In that post I also mentioned how much easier it is to start your own home-based business (for one, you’ve got all these marvelous training courses from EzyLearn to guide you on your way!) now than it was a few years ago.

But there’s some more good news for small business owners: the government also announced a raft of tax cuts and bonuses to the tune of $5.5b in this year’s federal budget, among them an unlimited number of tax deductions for buying cars, machinery or any other equipment valued under $20k each.

The government to inspire innovation

This is a huge increase to the previous amount small businesses were able to claim as tax deductions, which was a mere $1000 per item. Anything above that $1000 had to be depreciated via the decline in value process. Treasurer, Joe Hockey said the reason behind the tax breaks for small businesses was to encourage and inspire innovation in Australia, which has for years, suffered from a lull in home-grown innovation.

[quote]“This will be of enormous benefit to their bottom line and help businesses with their cash flow. It means innovation. It means jobs. It means more money to invest and grow your business,”[/quote] Mr Hockey told parliament in his budget speech.

For purchases over $20,000, they can also be claimed but will go into a pool to be depreciated; at 15 percent in the first income year and then 30 percent for each year after that.

But wait! There’s more: tax cuts and FBT allowances

Small businesses will also enjoy a tax cut of 2.5 percent for the 780,000 small companies with an annual turnover of fewer than $2 million, while sole traders will get a 5 percent tax cut, capped at $1,000.

Small businesses that give their employees more than one work-related portable electronic device (tablets and laptops, for example) will also be eligible for a fringe benefits tax (FBT) exemption from April 1st 2016. This could prove to be a big motivator for small businesses that would like to see more of their employees working remotely from home or while they’re out on the road.

If you’re already in business and you’ve been thinking about upgrading that PC or company car, if you do it before June 30 this year, you’ll be able to claim it as a tax deduction for this financial year. The same goes for those of you who may have been thinking about starting your own small business, be it a home-based one or otherwise – any of those capital purchases you may need to make to get your business off the ground can be immediately claimed as a tax deduction so long as they’re under $20k.

For now, though, you can still get yourself skilled in MYOB before you start your business and claim it as a tax deduction by taking one of our online MYOB training courses, which give you access to ALL MYOB Training Courses for 12 months or LIFETIME access. Or for more on starting a home-based business, subscribe to our blog or browse the many training courses on our website.

Oh, and Did I Mention The Bookkeeping Business Opportunity?

Start a bookkeeping business not a franchiseI hinted at the 30 day money back guarantee that we now offer for the Bookkeeeping Business Opportunity, but you’ll be thrilled to hear that we will shortly also be announcing the inclusion of all of our software training courses!

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Good news (childcare subsidies) in this year’s budget for mums working at home

Childcare Subsidies for Home Based Businesses

work from home businessIn the federal government budget for 2015/16 the changes included bonuses for small businesses and cuts to daycare subsidies for stay-at-home parents who still send their kids to daycare. The reforms will mean that for families with an income above $65,000 a year, they’ll no longer have access to childcare subsidies if one parent is not working. For families with an income under $65,000 a year, they’ll be limited to twelve hours of childcare a week, unless both parents are in work or study.

What this mean for mums who want to work from home

Well, the good news is that for families where both parents work, they’ll be able to access 24 hours of subsidised childcare each week. That’s regardless of where your employment is; if you’re employed and you’re paying taxes, then you’re entitled to access the childcare subsidy.

For mums (or dads) who need flexibility in their employment so they can still meet the kids at the school gate or take care of them when they’re sick, the reforms to childcare subsidies offer that flexibility.

We’ve written posts about the many benefits of working from home on the EzyLearn blog before, and it’s why our MYOB training courses became so popular. A lot of parents want the flexibility of working from home and decided that the best way to do it was to work for their husband or partner’s business doing the books.

Working from home is easier and more popular

In the last few years, a lot of things have changed. Working from home has become more prevalent as workplaces have downsized and the job market has contracted; the rise of online tools like Dropbox have made it easier for people to telework effectively and efficiently, and we partnered with The Australian Small Business Centre to deliver a Small Business Management Course.

There are now virtually no barriers to starting your own home-based business, regardless of the industry or profession you choose. Just take a look at the number of networking groups now on Meetup, where nearly every member is a home-based office worker or self-employed. And the government just made it a whole lot easier for families with one parent at home to start a home-based business and have the distraction-free time they need to get their work done, too.

If you’ve been thinking of starting your own home-based business or becoming an independent contractor, EzyLearn offers a number of training courses to give you the skills you need to get started, including a new course on content marketing, which is a huge growth area, requiring many skilled, Australian writers, and will be the subject of another blog post soon.

For now, though, learn more about content marketing on our website or by reading our blog and stay tuned for some fantastic news very soon about the new updated offer for anyone interested in starting a bookkeeping business! We’re going to extend our 30 Day money back guarantee for this too!

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Can a Bookkeeper Give Online Marketing Advice??

National Bookkeeping - How to Earn More Money

Outsourced Online Content Marketing and Bookkeeping

What is Content Marketing and Does it Work?

Measurement of success of content marketing campaign

I 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. These tools are called plugins and they enable any business owner to take control of their website and improve it bit by bit every week or month.

WordPress is like the Microsoft Word of content management systems (CMS) 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 I recommend you work at your website every week or two, writing great new content that is relevant to your customers and prospects.

The above chart demonstrates the success we had helping one company improve their organic rankings (in a pretty competitive market). All they did is kept adding relevant text and images to their website that helps website visitors find them and answer their questions.

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.

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 rate

Have 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 franchise

This 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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Content Marketing Gives You Organic Success on Google

content-marketing-by-blog-postsWhen I started my blog more than 5 years ago, I felt a bit like a computer nerd. I mean, who wanted to read about how to do bookkeeping and accounting using MYOB?

Then cloud accounting became a thing and software once more became exciting.

MYOB vs Quickbooks vs Xero Training Courses
Share price information for MYOB via Comsec

Incidently, the big fight to become the most successful Cloud Accounting Software is now well underway with MYOB having just been relisted on the ASX and its share pricing diving very quickly.

They’re competing with Xero and we wrote about the fierce competition looming against MYOB in 2010 when Craig Winkler (the man who build MYOB into the success it become now being a significant shareholder in Xero).

What made bookkeeping exciting to so many more people?

Bookkeeping became exciting, in large part, because of the flexibility it offered busy people wanting more control over their working lives, and busy parents trying to juggle priorities.

We could create a content marketing strategy about how cloud accounting makes bookkeeping faster and easier for small business, while also making it possible for parents to work closer to home (or at the family home), performing bookkeeping tasks and avoiding traffic, congestion and time you never get back commuting.

I should also confess that, at the time, I didn’t realise how important AND time consuming content marketing would be. Every blog post takes at least an hour!

You may ask how what appears to be a relatively simple blog post can take that long? In reality, a well researched blog post, including topic research, finding images, finding the right page(s) to link to can take several hours and that’s what we’re going to share in our soon-to-be-launched Content Marketing Course & Services.

Why does it take so long to write a blog post?

content marketing training courses and services
Content Marketing is worth the effort and now is the time.

If it were the case of just writing some sentences, it wouldn’t take that long at all. But what’s the point of that?

I’m not going to insult people, particularly people who have proven that they take the time to read my blogs on a regular basis, with poor quality, rushed content.

Furthermore, everything I write relates to something else we do and it involves:

  • Carrying out research to back up what I write about (like the above information about MYOB shares and a previous blog about both MYOB and Xero getting smashed by a huge US based competitor)
  • Referencing our own landing pages for the services we provide, and
  • Linking to relevant blogs that I’ve written.

Getting found: Optimising your blog posts for Google

I haven’t even mentioned the time and effort in optimising each and EVERY blog post for the keywords that are important to us. That involves:

  • Tags
  • Keyword density
  • Relevant landing pages
  • Keywords in headings
  • Images

Outsourcing blog writing to the Philippines, India or the Ukraine?

Tempting isn’t it? The thought that you can get someone to write a great blog post for your business for $2-3 per hour!

I mean in one day you could get all your writing done and then just schedule the blog posts to be published in something like your WordPress Blog over the next month or two. But it’s not that easy it is?

We are in an age where just stringing some words and sentences together isn’t going to get any one to pay much attention, particularly if there is a hint of broken English or disconnect with the topic. And anyway, if you’re going to write content you need to be an expert don’t you? Who wants to read some words that have just been sprayed onto a page because they have relevant keywords?

Content Marketing Strategy — who is the reader?

Like many tasks involved in small business, the most important part of the work is creating the Content Marketing Strategy; the plan for:

  1. Topics that will interest your readers and potential customers
  2. The keywords to be used in those articles (blogs)
  3. The landing pages that will convert potential customers into customers

Some of these components have nothing to do with the intended reader, but if your content marketing is going to be effective you’ll have to have a clear description of your reader in your head — I like to give them a name, imagine how many children they have, where they live, why they’re using my products/services, who their friends are, how they are going to talk about our company etc.

A wise old business owner I use to speak with regularly kept asking me the question, “Who is your customer, Steve?” This relates to everything. It relates to content marketing, but it also relates to when our courses are available, how we combine several features into one offer, how we try to do more for that market, like find other ways for them to benefit by using our service, hence National Bookkeeping!

What are you doing for your reader?

Start a bookkeeping business not a franchiseMost of our online training students use our services for MYOB Training Courses, Excel Training Courses, Xero Courses and Small Business Management Training.

For most people it’s because they’re looking for bookkeeping work or want to start a bookkeeping business. Finding out as much as possible about why our students do our courses enables us to develop products (and write content about) what they need.

Join our Bookkeeping Directory TODAY

We partner with a bookkeeping directory which is aimed at helping people (our students primarily) find bookkeeping work or start a bookkeeping business. It’s also a great way for small businesses to find bookkeepers who are close to them. 

Find out how you can promote your bookkeeping services to a much wider circle of people by engaging in content marketing.

List yourself on National Bookkeeping

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MYOB Accounting – Fighting to Stay In Control?

Is MYOB Just Another Program In Your Control Panel?

MYOB Accounting software online training coursesI was cleaning up my computer this morning and went to my Microsoft Windows Control Panel to discover MYOB Accounting Software sitting in the program list. I was removing any programs that I may have installed to test or get to know with a goal of REMOVING all that I didn’t need, when I saw MYOB software in the list.

I didn’t see WordPress and I didn’t see Commonwealth Bank Internet Banking in the list and at that moment I felt a little sad, realising that if I changed computers that I would need to go through the program installation process with my accounting software AND that EVERY person who needed to access our bookkeeping software would have to go through the same process.

Cloud Software Doesn’t Need to be Installed On Your Computer

I’m used to going to websites, logging in to do my work and then logging out at the end. Yes, with some I have to change the password regularly and others there is 2 level authentication using a mobile phone number as well, but the great thing about these “cloud-based” services is that I don’t even need my own computer! I can log in using an iPad, laptop or even my smart phone.

Cloud accounting should be like Xero and Quickbooks onlineWith services like Google Apps, we can run our entire company “server” in the cloud and have experts make sure it is up and running all the time for the cost of less than $100 per month, compared to several thousand dollars to buy the hardware (and have the floor space, data, power and air conditioning) , thousands of dollars in software licences and then having to hire an expert IT service person to manage it all for thousands of dollars per year – particularly if something goes wrong.

I’ve always wondered why MYOB didn’t focus all of their efforts on building a fully featured accounting program for the cloud only and wrote about how it seems like MYOB is computer based accounting program with the functionality of Dropbox. Some people think it’s more secure or safe to keep your accounting information local, but I’m not convinced.

How does MYOB compare to Xero and Quickbooks Online

I recently wrote about Ken from Love My Home Theatre and why he loves Xero Accounting Software (not Zero) and also about how the new market for cloud accounting software is not only introducing new competitors like Xero, but also enabling MASSIVE competitors like QUICKBOOKS back into the Australian market for accounting software once again.

If you are a regular reader you’d also know that we’ve had Xero Training Courses for quite a while now and that our focus is to help people looking for bookkeeping work AND small business owners learn bookkeeping software to help them run their business more efficiently and be compliant with the ATO.

The most impressive features of Xero Accounting Software are:

  • Xero can be accessed from anywhere at any time
  • Xero can accommodate multiple users (accountant, bookkeeper, business owner) no matter where they are located (which is great for virtual assistants doing bookkeeping from their own home)
  • Xero integrates with other cloud software programs (watch the video interview about Xero accounting with a small business that love it)

The best thing about cloud based software services (apart from having experts making sure it is always up and running) is that when new features are built they are available to you immediately. Xero recently announced the capability to create quotes and manage inventory which brings it even closer “feature wise” with MYOB and although I haven’t had a chance to see it in action, Margaret Carey (who contributed to our XERO vs MYOB feature comparison) notes that:

[quote]Any business that requires more than basic tracking will need to continue to look at the add on solutions such as Unleashed or Dear but it is a promising start.[/quote]

Xero is Definitely Becoming More Popular

Whether Xero has just done some great marketing this year, or that people genuinely want the benefits of a cloud-based accounting program, we are experiencing increased enrolments into our Xero Training Courses.

It could also be because all of our Xero courses are included for the one low price – we don’t sell them separately AND we include new content during a students membership period.

We use all of the major cloud-based accounting programs and I can say personally that I like what I have seen with Xero and Quickbooks Online. The fact that you don’t have to go through that labourious process of downloading, installing and registering your software (for each user) is a great bonus, but the fact that you can use these programs from any computer is even better.

Stay Tuned for QuickBooks Online Training Courses

This year will become a very interesting year as online accounting software companies fight for your business as well as loyalty from bookkeepers and accountants. I can reveal that we have started writing the content for our soon to be launched Quickbooks Training Courses! Jacci, our Register BAS Agent is working to replicate the small business accounting processes we use in our MYOB and Xero courses to teach students how to manage business accounts using Quickbooks Online.

If you want to receive updates and launch information about this course please visit our Quickbooks Online Training Course page.

Is there a wave of innovation in online accounting from Canada?

Wave accounting has 1 million users and is free_freeWould you like to hear about MORE innovation in accounting? Want to learn about a cloud-based accounting program that boasts more than twice as many users as Xero?

I was speaking with an insurance agent who is contributing to the risk management components of our Small Business Management course and he was telling me about this great accounting software that is completely free unless you use their merchant services and/or payroll. I haven’t confirmed any of these features of the software, but a quick visit to their website shows an interface that looks very much like Quickbooks Online with the navigation panel on the left of the screen.

My insurance agent friend Ruben is sharing information with us about how Workcover works for small business owners as well as public and product liability. He’ll also share with us how these relate to contractors who might work for you and go to perform work at a customers site.

If you decide you’d like to take a look at Wave Accounting or you are already a customer of this accounting program please share your opinions with us at our Facebook page.

 

 

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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.

 

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Who really cares about Sensis? Yellow Pages? Content Marketing shows you care

content marketing versus yellow pages and sensisYellow Pages vs Content Marketing?

A client of ours showed me an email that came from Sensis and it looked a little sad. It showed how many times an ad appeared and how many people clicked for more information. The saddest part is that this Billion dollar company is now just another online directory. It’s another example of how a traditional business, that hires professional and persistent sales people to sell high cost packages is dying an accelerating death. The other large one I recall was Encyclopaedia Britannica – remember those door to door salesmen who made a good income selling these for your children’s benefit? OK, now I’m assuming you’re over 45 😐

Why Content Marketing

We decided many years ago to go down the blogging route because it makes sense. These days the correct term for blogging for business is “Content Marketing” and it’s great because it’s a way of:

  1. Constantly informing readers,
  2. Demonstrating an active business and website
  3. Informing website visitors about changes in the business,
  4. sharing stories about how people use our services and
  5. Making general announcements.

How Bad is the Yellow Pages Directory Going?

Telstra recently offloaded their majority ownership in the Yellow Pages business they branded as Sensis and in the fine print on page 15 (2013 year) and page 18 (2014 year) you can see that the revenue for this business declined by 11.7% and 22% respectively.

I remember when most local tradies (plumbers, electricians, chippies, builders etc) would spend tens of thousands of dollars per year to keep their position in the large display ads. I even remember the days of the golden phone that Yellow Pages use to make available to business to PROVE just how many phone calls would be coming in the door as a result of advertising with them. If anyone remembers the golden phone offer I’d love hear from you on our Facebook page..

Where do you spend your marketing money?

The idea for this blog post came as a result of being forwarded an email, but it ties in nicely with our Small Business and Startup Course which is now available at a hugely discounted price! Read on to see how we changed our pricing structure.

Marketing and Communication course for small businessIn this course we have two subjects which cover marketing for small business and we have some great interviews with Michael Locke who shares information about the 4P’s. Sensis would represent an excellent case study of where the marketing function may not have been submersed in the strategy business decision making to stem this significant change in their business model.

Small Business Management and StartUp Course

The recent change we made to this course was to separate the business coaching and assessment options and make them available separately. In this way the Small Business and StartUp course is much like our MYOB course where you can work through everything at your own pace and request support if you need it.

If you are interested in doing a number of different courses as well as the Small Business Management course you might want to enrol at the Australian Small Business website where you can choose our software courses at a discounted price (when combined with the small business management course). This way you’ll be able to use WordPress for your content marketing, MYOB or Xero for your accounts and Excel for any spreadsheet work.

References:

Telstra Annual Reports 2013, and 2014

PS. By the way, you can still get Britannica and online it’s just under $70 pa. You can also still buy the printed edition for under $700 and you can pay $2500 for a whopping collection of short stories, plays and poems..

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Prevent Russian Attacks on Your WordPress Website with Google Analytics

Traffic from Russia, Eastern Europe, Philipines and India?

We’ve been busy these last couple months in upgrading and optimising our websites, fine tuning our online marketing and studying our Google Analytics and came across a Russian based website that was sending a lot of traffic to several of our sites. After closely monitoring our website traffic, landing pages, bounce rates, time on site etc, we found a lot of in bound traffic from a Russian site called Darodar. It made me wonder why we’re all so scared of web traffic from the USSR. In fact it’s a reminder of the fact that labour is very cheap in some of these countries and some companies or individuals can go to great lengths to

The best thing to come from all this really is that by looking at our statistics regularly, updating all scripts and plugins and server side applications not only do we have an up-to-date website with security and protection against online risks, but we understand our website traffic in detail. This is helping us fine tune our website content constantly to provide our website visitors with what they are looking for.

I don’t normally write like this

Google Analytics - Channels, Sessions, Conversions, Sources, Aquisition, BehaviourI don’t normally like to write about all the technical details we have to go through as an online training course provider, but we’ve been assembling some marketing information about our new online business opportunities and realised this is exactly the type of information that we’ll be sharing with students who come along on our online marketing business opportunity.

As it turns out the type of traffic we were getting is called HTTP Referrer Spam or just Referrer Spam and hundreds of people are talking about it online already. Here’s a snipped of some of the sites we discovered. There is a lengthy conversation on an official WordPress Support Forum, and an article on a popular article site called Reddit.

The Best Answer

The best answer we found was this link that confirmed that this type of attack is not malicious to your website, is not a server side issue and won’t affect the ranking and traffic to your site. The biggest issue is that we spent all this time and even ended up going to the site in question (that’s one of their goals!!) and that it distorts our Google Analytics information.

We disable the Darodar Spambot and any traffic from this location. It’s not the best solution because we can’t do this for every website that performs this type of activity, but again, it gives us more clarity about what is happening with our website traffic.

Who cares?

If you want to get to know more about our online marketing contractor business opportunity go visit the StartUp Academy website for more information. I’ll be sending more information out shortly so stay tuned – including the services we are launching to help people start their own bookkeeping business..

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MYOB AccountRight Live Looks like MYOB-of-old + Dropbox

MYOB AccountRight Live OR in the Cloud?

MYOB AccountRight Live Basics - is it really cloud-based accounting software or MYOB and Dropbox 2
This is where you can see the myMYOB login and the Live wording in the cloud

We were asked by one of our MYOB course students recently how you can manage user access to your MYOB accounting file and we did some looking around, spoke to our MYOB course creator and came up with the following useful information.

MYOB AccountRight Live Basics - is it really cloud-based accounting software or MYOB and Dropbox 5 - manage admin and users
Click on Image to Enlarge – How MYOB AccountRight Live enables you to manage users

You can go to the MYOB website and click on my.MYOB to get to the details of your “participation” with MYOB AccountRight –

[quote]sorry, NERD ALERT! I happened to be reading the MYOB Terms of Service and “Participate” is the term that the MYOB legal team use to describe how companies use the MYOB AccountRight service -[/quote]

which enables you to choose your administrators as well as who you want to be able to access your file (like your bookkeeper or accountant). But you can also manage users from within the software. Note the out of place word here? – Software – Yes, when you launch the software and Open your Online data file, you can setup users and be much more prescriptive as to what they can access or not, but also which areas they have read only access as opposed to full access (read and write).

MYOB AccountRight User Access Managed in the Software

MYOB AccountRight Live Basics - Modifying User Access 2 - Role Based User Access
MYOB AccountRight Live Basics – Modifying User Access 2 – Role Based User Access

The silly part of this is we would expect cloud-based software to enable you to do everything in the cloud! If you look at the current MYOB model for their AccountRight Live product you still need to download the software to use it and you still need to update the company file if you update the software version!? We thought that this day had passed when the concept of cloud based accounting arrived.

Is it Designed to Help Current MYOB Users?

When I look at the way that MYOB AccountRight Live is managed at first it looks like it was built for people who are used to having a software program on their computer. Then when you see the capability to Open company data files that are stored “Online” you get the feeling that it would be just as easy to use Dropbox to store your datafile. The worst news comes when you expect the MYOB AccountRight Live software (that has a little cloud around the live) to work just like other cloud-based account programs like SAASU, QuickBooks Online and Xero you get dissappointed in having to install and use software on every computer you use – and I haven’t even tested to see if they have a program for the iPad.

MYOB AccountRight Live Basics - is it really cloud-based accounting software or MYOB and Dropbox 6 - company file needs upgrading
MYOB AccountRight Live Software – Company file still needs upgrading

If you are the kind of person that loves storing a local version of your datafile (and take the risks of protecting your own computer against, viruses, crashes or other corruption) this might seem like a good feature. I bet we see this product evolve until the point where it is finally an all online accounting solution.

How to change User Access Rights using MYOB Account Right Live

Although you can make some rudimentary changes via my.myob.com the best way to add users and make specific choices about what they can see as well as what they can edit and see, you need to launch the software (make sure you’ve downloaded it of course) and then go to Setup, User Access.

We used a current version of AccountRight Live Basics to perform our tests and any new content we create and publish for our MYOB Training Courses are available to existing students – whether you are on a 12 month course access program or LIFETIME course access. Feel free to enquire with us if you have any questions about our online MYOB Training Courses, or enrol today, start by 5pm tomorrow and be comforted by a 30 day money back guarantee.

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The Power of the Homegrown Australian Business

When ‘Aussie’ is a gold winner

Reach Accounting free course from EzyLearnIN ADDITION TO OUR MYOB and Xero online training courses, we also offer an online training course in Reach Accounting, the cloud-accounting software by Aussie-owned company, Net Registry.

Not many people are aware of this, and I’ve been quite remiss when it comes to talking about it on this blog. In fact, I’ve spent more time talking about Zoho and QuickBooks recently, than I have spent time talking about Reach.

This is partly because I’ve been quite interested to see how QuickBooks has been resurrected by it’s American-owned parent company, Intuit, as it attempts to take on Xero and MYOB in the Australian marketplace again.

Zoho is both comprehensive and cheap

My interest in Zoho, meanwhile, stems from one of my contractors, who uses Zoho Books to manage her business accounts; she was telling me about Zoho’s many features, and I surprised to learn just how comprehensive the Zoho Books software is for such a low price.

Zoho and QuickBooks are both positioning themselves as low-cost accounting packages to appeal to the substantial small business market in Australia, but there’s just one thing they can’t compete with Reach Accounting on, and that’s ‘Australianness’.

Reach Accounting is an Australian owned and operated business, and as the owner of an Australian owned and operated business, I like to support other Australians in their business ventures. Reach Accounting focus their accounting software towards people who start a business as a website designer.

Why it’s harder for Aussie businesses to compete

I’m always saddened when I hear of Australian businesses being sold to overseas conglomerates, which take the Aussie jobs back overseas with them, where the wages and materials are cheaper. It makes it all the more difficult to compete for customers in the Australian marketplace when your once-Australian competitor is now producing products or services at a much lower price at their offshore headquarters.

It’s also difficult to compete with the increasing number of overseas-owned businesses entering the fray, now that the Internet has unlocked a global marketplace. What many Australian businesses don’t realise, however, is that they possess a power those overseas businesses don’t: they speak Aussie.

Whether you’re a home-based bookkeeper or virtual assistant, one of your greatest assets is that you’re an Australian and that means you have a deep understanding of what it means to be Australian – from the accent to the vernacular, you get it.

The power of ‘G’day’

It’s also a lot easier to call an Australian company than it is to call an overseas one. My Zoho Books-using contractor was telling me of a complex situation she was experiencing with her account. Unfortunately, the nearest customer service office she could call was located in China, so she had to email.

Several confused emails later, she finally realised what had happened with her account, and managed to resolve the issue herself. She later told me: “It’s a good thing I studied semiotics at university, because deciphering those emails was like trying to interpret hieroglyphics.”

I suddenly thought about Reach Accounting, which is based in the Inner Sydney suburb of Ultimo. For the same price as Zoho Books – possibly even cheaper now, thanks to the fluctuating Aussie dollar – it would have been much easier to say “G’day” to one of the guys at Reach than it was to email China or India or Japan or wherever in the world Zoho’s customer service offices are based.

Don’t be afraid to say “G’day”

As an Australian business, don’t hide your Australianness from view. Wear it proudly, because it makes a big difference to customers trying to decide between your company and the multinational after their business.

For more information on any of our cloud-accounting courses, visit our website.

Become a Virtual Assistant and Start a Business

start a bookkeeping business
Business Opportunities for Ordinary People

While we are on the topic I want to mention our StartUp Academy because we are planning some fantastic ways of helping ordinary people start a business in 2015.

We’re using a combination of our Small Business Management Course and business opportunities from established companies who want to find people who can work from home and sell and support their products.

We’re also using our Small Business Management course to help our existing students start businesses using the skills they learn in their EzyLearn course – namely MYOB and WordPress. If you’re interested in starting a bookkeeping business read on about National Bookkeeping.

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Are Xero and MYOB going to get SMASHED by QuickBooks Online?

Is QuickBooks Online the White Elephant in the Room?

I recently wrote about QuickBooks, once the great competitor to MYOB accounting software, and I thought I would delve a little deeper to see what has happened with the company that use to be their Australian distributor, Reckon and how big they are in the US. I looks to me like we have a period of consolidation on our hands with some very big companies and many of them listed trying to earn the cloud accounting dollar.

We have online courses in MYOB and Xero and are exploring a QuickBooks Online training course.

What do you Reckon about Reckon?

Reckon 5 year Share Performance
Reckon 5 year Share Performance. Information from Commsec. Click to Enlarge

As a public company you can see Reckons financial results and industry commentary at the ASX website and in their latest financial announcements they confirmed that they had parted ways with Intuit as the Australian distributor earlier this year (saving them $2.5M in royalty costs).

Reckon is now a competitor to their previous partners, Intuit, and a participant in the online accounting and bookkeeping software market with their own software service called Reckon Hosted.

If I were Reckon the scariest thing for me would be that the brand that I helped to build over such a long period is now strongly competing directly against me in the local market. Let’s hope they built some good relationships with accountants who’ll continue to work with and recommend their new product lineup. Their share price seems to indicate that they are currently falling out of favour.

Xero vs QuickBooks Online

Xero Oct 31 2014 Share Performance. From Commsec. Click to Enlarge
Xero Oct 31 2014 Share Performance. From Commsec. Click to Enlarge

Xero is the nameplate for online accounting software because they pioneered accounting software that ONLY works in the cloud. A major shareholder in Xero is Craig Winkler, the man who successfully helped MYOB dominate the accounting marketing in the PC era and sold out to Archer Capital who then sold to another large US private equity company Bain Capital.

I wrote about Xero’s financial performance not long after they listed their XRO shares on the ASX (they are a New Zealand company) but their recent share price performance seems to indicate that they are not popular in Australia. The next frontier in online accounting and bookkeeping seems to be integrations and accounting suite tools for accountants. These integrations and add-ons are one way of making their software more important in the suite of programs that small businesses use and a good example is the recent announcement of Xero’s integration with Microsoft’s Office 365.

Visit Xero’s website and you’ll quickly be able to get to their Add-on Market Place.

MYOB vs QuickBooks Online

Bain Capital paid over 1 billions dollars for MYOB to include it in it’s bag of technology investments – see if you can spot MYOB! Although they are no longer an Australian public company they are listed on the ASX and Aussies can invest in the company that now offers a wider range of services that just accounting software. Their revenue has grown significantly in the 2014 financial year according to their announcement on 25th August 2014.

MYOB had many partners in their PC based software but went through a very tough period when accountants were refusing to recommend MYOB customer upgrade their software. MYOB had to re-write their software to cater for the cloud accounting market and some integrations just didn’t work as a result. It appears that the online version is still popular with MYOB Partners and you can learn more about MYOB Add-ons here.

MYOB is still the market leader for accounting software in Australia an although they appear to be a laggard in the online space they are agressively competing with Xero for new customer acquisitions. A recent article by Peter Dinham at IT Wire about Xero and MYOB customer numbers highlights how dirty the fight is getting and how important accountants are in the sale of accounting software. Peter talks about MYOB being the 800 pound gorilla but when you explore the global market for accounting software you cannot ignore Intuit.

QuickBooks Online and the Global Accounting Software Market

Go to Intuit.com and you’ll be presented with a message that says “we’ve gone global” and the option to go to your local country website site. Let’s face it, they’ve been global for a while but it’s apparent that their online marketing for Quickbooks Online is becoming stronger. I read a recent blog post from Sholto Macpherson’s popular Digital First website about the Top 5 Most Popular Features of QuickBooks Online and note that at the bottom of his post he disclosed that he travelled to QuickBooks Connect as a guest of Intuit. It’s a sign of the impending marketing blitz that a massive US company is capable of.

Visit Intuit’s investor relations website and you’ll see that the revenue for Intuit in 2013 was almost 4 times the total capital purchase price that Bain Capital paid for MYOB when they bought it. With that size, established software brand in Quickbooks and a network of Intuit Pro Advisers ready to help small businesses I think this is the space to watch for online accounting software.

Again, as a very established software publishing company Intuit have an impressive range of Add-ons to help improve the functionality of the software as small business look for ways of integrating the ever widening range of cloud-based software they use.

QuickBooks Pro Adviser Offer

Whilst writing this post I became aware of the big launch that Intuit are doing in Australia to strengthen their network of accountants and advisers. It’s started with a blubbery story about the great history of a 30 year old US company, but I found this video which shows what they are willing to do to help Australian Bookkeepers increase their knowledge, get new sales and better support their customers (Small Businesses).

Here it is..

Join our Bookkeeper Directory

Startup Academy - work from home as an independent contractorIf you are a MYOB bookkeeper and want us to help you get exposure and find new small business bookkeeping clients register with our partners at Workface as we build a national bookkeeping database to help you find new clients and help small businesses find honest, hardworking bookkeepers who operate their own home based bookkeeping business.

To be a bookkeeper in this cloud accounting era means that you can perform bookkeeping from your own home office if you do a great job and have a good reputation. Although you can perform this work from home its becoming more important to get that reputation and one of the tried and trusted ways is by meeting people face to face at networking events. When people get to know you and like you they’ll start recommending you to people who they know need a bookkeeper and that is when you’ll discover the power of referral marketing.

Registering for the bookkeeper directory is the first step in our plan to help people operate a business from home. If you want to read more about how we plan to help ordinary people start their own business as independent contractors visit the StartUp Academy website and learn more. You can subscribe for the free guide that I created to help people on that journey.

 

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MYOB Bookkeeper Triples Income With No Extra Advertising Budget

MYOB Bookkeeper Provides Customer Service

Ever seen these headings in online ads? It’s sensational I know and I’d rather not revert to such tactics, but the truth of the matter is that the personal work you do to become a better networker and learn how to become a good referrer of business to other people will turn you into the “go to” person a lot of small businesses would like. The result is that you’ll pick up more business because people trust you.

I’ve written before about the power of combining websites like LinkedIn and good Referral Marketing techniques, but they worth mentioning again, particularly as Michael Griffiths is holding his next Referral Marketing Master Class very soon.

A recent example that Michael gave me about the benefits that one bookkeeper received because of their new-found referral marketing skills is Don Doolan from First Class Accounts. He was able to triple his lead generation just by focussing his efforts on effective networking and finding a way to help his network on contacts improve their business.

Is Referral Marketing just good Customer Service?

Customer service is an important aspect in every business. It’s so important that even the largest of Australian and US companies use it as a tool to generate more sales! We include Customer Service tips in our Small Business Management and StartUp Course from David Hall and I’m mentioning it here because both customer service and networking require a similar effort in modifying your approach to customers and listening to them.

When you listen to your customers in your regular conversations you’ll discover many opportunities to either:

  • Mention a product or service that you offer, or
  • Mention that you know someone who could provide them with exactly what they are looking for.

Just by writing this email I am referring Michael and his Referral Marketing course because I have seen the benefits from other people in our network and I know how important it is to have a good relationship with key customers.

MYOB Bookkeeper Marketing

If you are one of our MYOB Bookkeeping Course students and you are interested in taking the journey of becoming an independent consultant to provide bookkeeping services in your local area please make sure you read about our MYOB Bookkeeper Directory service.

Want help starting a bookkeeping business?

start a bookkeeping business
Business Opportunities for Ordinary People

We have now teamed up with the StartUp Academy to help our students (and anyone else) start their own home based business as a bookkeeper. You’ll be able to earn money by helping people learn how to use programs like MYOB, Quickbooks and Xero or doing the work for them. Learn more about starting a bookkeeping business.