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Amway and Multi-Level Marketing at a Glance

Avon and Amway rely on independent business owners to market their products to their network of friends and family.
Avon and Amway rely on independent business owners to market their products to their network of friends and family.

In a previous post we talked about your own online business opportunity and how you can buy EzyLearn enrolment vouchers for our MYOB training courses at wholesale price, that you can then sell on to your own clients and contacts at retail price. We have sold enrolment vouchers to other training organisations for some time, but it also presents an opportunity for bookkeepers to expand their services to include training for their clients. If you’re wondering why someone would want to sell another business’ products or service, then take a look at one of the most successful multi-level marketing businesses, which relies on people to do just that: Amway.

Amway: Topping $10 Billion

Founded in 1959, Amway is one of the worlds oldest and most prosperous multi-level marketing companies. Like other well-known multi-level marketing businesses such as Avon and Tupperware, Amway utilises a workforce of distributors (known as independent business owners, or IBOs), who directly market the Amway products to their own network of friends and contacts; Amway expands its network of distributors by encouraging their IBOs to recruit and train new people into the Amway business for which the IBO receives a fee.

IBOs purchase Amway products at wholesale prices, and then sell those products at the recommended retail price; the difference is the IBO’s to keep, and in many ways, the Amway business model isn’t that different from your typical bricks-and-mortar business that stocks and sells the products of other companies.

For years the success of the Amway business model relied entirely upon IBOs developing and building their own network of clients, to whom they sold the Amway products. If you’re familiar with the catchphrase, “Ding dong, Avon calling” this pretty much encapsulates how Amway, Avon and the distributors of many other multi-level marketing businesses, won and retained their customers — pounding the pavement and ringing doorbells.

And it was a pretty successful business model, too. According to Forbes, Amway’s revenue in 2012 had reached $10.9 billion worldwide, making them the twenty-fifth largest private company in America; in Australia and the Asia Pacific, Amway’s revenues totalled more than AUD$198 million, while the number of distributors topped more than 100,000 in Australia, alone.

Social Media to Target the Younger Generations 

In 2010, however, Amway saw an opportunity to use Facebook, Twitter and other social media platforms to expand their reach. As a business that relies on typical social networks to grow and develop their customer base, utilising social media to grow and develop their customer base online, made sense.

Where other organisations weren’t quite sure what to do with Facebook, Amway did as they had always done: cultivated good relationships with their customers. Their goal was to target a younger demographic that was not the typical Amway customer. Because social media platforms like Facebook naturally skew to a younger demographic, Amway’s decision to include social media in their marketing strategies paid off.

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If you’re already working as a bookkeeper, you can expand your range of services and pick up some extra revenue in the process by selling EzyLearn’s enrolment vouchers. Contact us to find out more.

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Suffering Poor Cash Flow? How to Get Paid Faster!

Stop tearing your hair out chasing money and investigate a cloud-based system like ezyCollect.
Stop tearing your hair out chasing money and investigate a cloud-based system like ezyCollect.

Too many small businesses suffer from cash flow problems, which is why our Small Business Management Course covers financial planning and how to monitor and manage your cash flow through debtor management. However, few small businesses suffer from poor cash flow because they’re unaware of how to manage their debtors properly.

Rather they suffer poor cash flow because they lack the resources to chase late payers or, as in most cases, they don’t have the time to stay on top of their accounts receivables to ensure their clients don’t become late payers in the first place.

ezyCollect

This was the case for AJ Singh who, after selling a wholesale distribution business he had owned for five years, began to suffer poor cash flow problems with his next venture. After doing a little research, he discovered that over 90 percent of small-to-medium-sized businesses attributed the failure of their business to poor cash flow.

These startling statistics got the cogs in AJ’s brain turning and ultimately resulted in his latest venture: ezyCollect, a web-based software that synchs to your accounting software to manage your account receivables. We spoke to AJ to find out how ezyCollect works and how you could benefit from it.

Q: Can you explain how ezyCollect works?

A: By synching to your accounting software, ezyCollect uses the account information to send real-time, personalised reminders to customers using a variety of different methods (email, mail, fax, sms, etc). ezyCollect also schedules follow-up phone calls, and includes single-click “demand letters”, on demand credit checks and easy debt escalation tools.

Q: How do the functions of ezyCollect differ or improve on the functions already available within accounting software like MYOB?

A: The functions offered by ezyCollect are not offered by MYOB, but as an MYOB partner, the ezyCollect software enhances the value of MYOB as it reduces the labour costs associated with credit management.

Q: What businesses would benefit from using ezyCollect?

A: ezyCollect is great for businesses with a large number of smaller-value invoices, but all SMEs can benefit from using ezyCollect as it is a completely automated, secure cloud-based application. ezyCollect increases your cash flow and your productivity, because you’re not stuck on the phone all day chasing money when you could be out winning new business.

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If you’re thinking about starting a new business, our Small Business Management Course covers the fundamentals you need to know to successfully own and operate a new business, including financial planning and managing cash flow.

If your business is suffering cash flow problems and you’d like to know more about ezyCollect, visit the ezyCollect website for more information.

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Redundancy is Not a Dirty Word: The Positives

Waving a job goodbye through a redundancy can often be a positive step for your career.
Waving a job goodbye through a redundancy can often be a positive step for your career.

There was once a time when saying the word “redundancy” in a workplace stirred much the same feelings as saying “Bomb!” in an airport. But today, as workplaces adapt and change to suit an ever-evolving marketplace, redundancies have become much more commonplace.

Adapt or Die.

Adapt or die. It’s true for businesses, and it’s certainly true for workers. That’s why we find many of our students come to EzyLearn to following a redundancy, taking our MYOB courses and Small Business Management courses to add to their knowledge base — and indeed, add an extra accomplishment under the “education” section of their CVs.

For more on CVs, see our post where we interview a recruiter to find out what makes a fabulous CV. Indeed, when we spoke to Fiona Neumann, recruitment specialist and director of Sydney-based recruitment agency, Skills Savvy, she told us that employees today could expect to be made redundant at least once in their career, if not twice. One young job seeker she interviewed for a position had been made redundant three times in almost as many years.

There was a time when to be made redundant reflected poorly on your skills, capabilities and desirability as an employee. Today, however, that’s no longer the case. In fact, there are many positive sides to being made redundant; we’re going to take a look at just some of them here:

1. Firstly, no one makes you redundant: this is an important thing to remember: you weren’t made redundant; your position was. It’s not personal, it’s just business. Accept that and go forth into the world of employment.

2. Why did you leave?: now when you’re asked that question during an interview with a prospective employer, you don’t have to try and romanticize or find the silver lining in the fact that you couldn’t stand working for your former employer a minute longer. Your position was made redundant. The business was restructuring, and there was cutback in your department. It happens. Employers get that.

3. It gives you the opportunity to do something new: it could be a new job, a new experience, or a new business startup, but with a redundancy payout comes the financial opportunity to do something new. In fact, it’s often after a redundancy that many people decide to go into business for themselves, as an article on the Sydney Morning Herald website last year found.

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So if you’ve been made redundant, it’s time to polish up your skill set — and your CV — by taking course with us. You may also be interested in starting a home-based business as an independent contractor so you can work your own hours close to home. And remember: there’s nothing dirty about a redundancy.

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Job Reporting in MYOB (FREE Training Video)

Job reporting in MYOB enables companies to keep track of the costs and revenue for each project. It also helps in analysing the sales data of employees and tracking productivity.

We’ve noticed students of our MYOB training courses review this part of the course content more than other parts of the training material, so we thought we’d post this refresher video on job reporting in MYOB.

Sure, some bookkeepers can go a long time without having to use this function, but if they take on a client in the building or construction industry, or a client who wants detailed sales reports, they will suddenly need to know how to set up job reporting in MYOB.

Here’s the video:

Remember, the job reporting function makes it possible to extract highly detailed accounting information from MYOB. For businesses in the heavily regulated building and construction industry, such information is a government requirement.

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How to Set Up Bank Feeds in MYOB – Free TRAINING VIDEO

At EzyLearn we are always updating our course content and when you enrol you can access lifetime membership for free continued updates.

One of the many reasons we became early champions of MYOB Account Right Live when it was first released — the software you’ll learn to use in our MYOB training course — is because of the bank feeds feature. Take a look at the video below for a demonstration on how to set up bank feeds for a business:

The Beauty of BankLink

For a long time, one of the most tedious aspects of the bookkeeping process was the data entry. For bookkeepers with large clients, who had many expenses and transactions each month, the process of manually entering each of those transactions into MYOB could be the most time-consuming parts of the job.

That was until recently when MYOB added the bank feeds feature to their Account Right Live software by entering into a partnership with BankLink which they eventually acquired in 2013. The bank feeds feature in MYOB is a little piece of computer magic that eliminates all of the tedious data entry by automatically feeding transactions from your bank account right into MYOB.

And it’s not just large organisations with many expenses and transactions each month that can benefit from the bank feeds feature in MYOB. Everyone from sole traders through to large corporations can and should use the bank feeds feature.

Remember, enrol with EzyLearn to learn MYOB and take up our lifetime membership offer to receive continuous, free MYOB updates.

 

 

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Does Your Business have a Facebook Page? Here’s 6 Reasons Why You Should!

Do your small business justice and develop a Facebook page.
Do your small business justice and develop a Facebook page.

After they complete our small business management course or MYOB training course many of our students go on to start their own home-based bookkeeping business. Among the many things you learn in our small business management course is how to effectively market a small business.

Why Market?

For any new business, it’s important to market your new business so develop new leads and customers, but it’s also important that your marketing costs don’t outweigh your income. In the marketing module of our small business management course, we talk about Google Adwords, which is a low-cost way to advertise your business online, using keywords.

Another Option is Facebook

Facebook is also another option for businesses large and small, but we think it works particularly well for small businesses, due to the community-minded nature of Facebook, itself.

There’s an old saying around EzyLearn: People like to do business with people they know, like and trust. Facebook helps you to develop online relationships with your customers, allowing them to get to know, like and trust you.

But in case you’re still not convinced, here are another 6 reasons why you should be on Facebook:

  1. Population and penetration: We know that over 1 billion people are on Facebook, but what’s the penetration rate for a market, like the USA, for example? 67 percent of internet users in the US are on Facebook; in Australia that penetration rate is much higher—82 percent.
  2. Age: Facebook skews young—83 percent of 18-29 year olds are on Facebook—but the 45-54 age-bracket has also seen 46 percent growth since the end of 2012.
  3. Income: The incomes of Facebook users higher than any other social media platform. 73 percent of Facebook users earn more than AUD$75,000 compared to 17 percent for Twitter.
  4. Mobile: Social media is the most popular social media app on smartphones and accounts for 66 percent of total social media sharing on iphones.
  5. Gender: Like every other adverting medium, Facebook also skews toward women, but it’s still more gender neutral than Google+ or Pinterest.
  6. Education: Nearly 75 percent of Australian Facebook users have some form of university or tertiary education.

If you’re looking to target any or all of these demographics for your small business marketing campaign, then create a Facebook page and start marketing your services to your followers.

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‘What’s Your Learning Style?’ Continued: Visual Learning

Visual learning is one of the most common ways people learn.
Visual learning is one of the most common ways people learn.

In our post called “What’s Your Learning Style?” we looked at the ways our students typically prefer to learn, and in our last post, we discussed the characteristics of the kinaesthetic learning style. In this post (are you following? You should be able to if you possess the learning traits of our next learning style!) we’re going to discuss visual learners.

The Most Common Way to Learn – Visually

As our most popular online training course, the MYOB training course, is a software-based course, we have a great deal of visual learners among our students.

Visual learners are those who learn best by seeing them, and find that confusing information is best explained with the aid of a picture or video tutorial.

Visual learners are likely to:

  • Take detailed notes
  • Need quiet study time
  • Benefit from illustrations, presentations and videos
  • Remember diagrams or pictures

About 65 percent of the population are believed to be visual learners, and even though they’re good with written materials, the online learning delivery method didn’t always meet their needs when it came to visual aids. Now, thanks to the internet, learning providers like EzyLearn are able to provide our content online, accompanied by training videos and presentations, so our visual learners now have the added visual aids to help them learn.

Not a visual learner? See our next post on auditory learners.

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Now YOU Can Start Your Own Online Training Business

If you are a bookkeeper, selling online MYOB training courses to your clients could be the perfect complement to your business.
If you are a bookkeeper, selling online MYOB training courses to your clients could be the perfect complement to your business.

We’ve mentioned before how we offer enrolment vouchers for our MYOB training courses, which we sell to training organisations and accountants. The idea is that accountants and other trainers can give their customers additional training without having to having to provide the materials and content themselves.

Are you a Bookkeeper? What about Becoming an Online Trainer Too?

But this also presents the opportunity for existing bookkeepers to extend their businesses into the area of online training. We’re looking to partner with existing bookkeepers who would like to provide online MYOB training courses, for which we’d provide the website, tailored to your business needs.

For bookkeepers, this allows you to extend your business beyond just bookkeeping, and use your knowledge and skills to train others in MYOB without having to provide the course content or the necessary infrastructure to facilitate an online training course to your students.

For EzyLearn, it gives us the opportunity to extend our reach and capture a larger pool of students we may not have previously been able to reach. It also fulfils our goal of helping bookkeepers start their own businesses and take control of their careers.

How Does It Work?

Sound interesting? This is how it would work: you register your interest in working with us, and we would have a conversation about your business goals. If both parties are happy to move forward, we’d provide you with a website, tailored to your needs, and sell you the initial stock — vouchers for EzyLearn’s famous MYOB training course, which you would then sell onto your clients.

The end result is a partnership where we provide the materials and infrastructure to operate a training business. What you do after that is entirely up to you. For instance, you might decide to bundle our online training course with one-on-one training, for which you’d charge extra for your time. The possibilities are endless!

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If you’re interested, please let us know what type of online training partnership you want so we can have a discussion about your goals and what’s on offer.

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Feel Threatened by a Newcomer in Your Workplace? Gain Knowledge, Instead!

The more confident you are in your abilities the less threatened you will feel by the arrival of a newcomer to the workplace.
The more confident you are in your abilities the less threatened you will feel by the arrival of a newcomer to the workplace.

As part of our MYOB Training Course, we’re constantly adding new content and helping our students win work and improve their employability. That’s why we always emphasise the importance of continuing to educate yourself — for the obvious skills advantages you bring to any company, but also for your own confidence.

For many people, it can be a little nerve racking when new blood enters the workplace and in today’s job market, it’s not at all uncommon to see a new face appear. Sometimes it’s in the form of a new employee there to share your workload and other times it’s because your organisation has employed someone to help restructure the business so they operate more efficiently.

The Many and Varied Threat

For many employees, this new face around the office can make them feel threatened — threatened about the future of their jobs and threatened by the prospect of the office dynamic changing. Fortunately, however, there’s an antidote for this rather common reaction to change: taking a course or continuing professional development.

The thing about feeling threatened is that it’s entirely to do with your confidence. You may feel like you’re not quite as educated or as skilled as this other person and as a result, you think your employer won’t need you any more. The truth is, your employer probably has no intention of letting you go, but nevertheless, the job market is changing and up-skilling to increase your knowledge base is invaluable — to you and your employer.

Confidence in Upskilling and Continuing Professional Development

Aside from the tangible knowledge and experience a highly-skilled employee brings to an organisation, they also bring with them confidence. The more secure you feel with your ability to do your job and do it well, the more confident you’ll feel as a result. For this reason, EzyLearn is a big believer in continuing professional development.

Our MYOB, and Microsoft Word and Excel training courses each come with lifetime access to the course content, so that you can review the course material and even access updated content, whenever you need it.

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A truly confident person would embrace the idea of working with someone new and potentially learning and sharing knowledge, rather than feeling threatened by them. But the key to achieving this confidence is being able to feel secure in your own knowledge base and that’s what EzyLearn’s Continuing Professional Development Program aims to provide bookkeepers with: knowledge.

So stop worrying, stop feeling threatened, and feel more confident in your skills and knowledge by taking one of our online courses today!

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What’s New in MS Office 2013? Here’s a Quick List

Frequent updates and infrequent use of software like Excel can really leave you stumped - that's where Lifetime Membership comes in real handy!
Frequent updates and infrequent use of software like Excel can really leave you stumped – that’s where Lifetime Membership comes in real handy!

At EzyLearn we offer online training courses for MYOB — the #1 Cloud-accounting software — but did you know we also offer training in Microsoft Excel and Word?

Just as we do with our MYOB training courses, we also offer Lifetime access to our MS Excel and Word training courses, which means each time Microsoft releases a new version of MS Office, we update our course content so you’re always totally up to date with the latest versions of Word and Excel.

Keeping Excel in Your Memory

Let’s be straight up here; once you get the hang of Word you probably won’t need to refer back to our course content all that much. Excel, on the other hand, is a different ball game.

In many ways Excel is a lot like algebra or a foreign language: if you don’t use it often, you’ll forget it. Sure, you’ll remember bits — J’adore Dior! E = mc2! — but you’re likely to struggle through your day-to-day if it’s something you rely on heavily at work.

Because many people use accounting software like MYOB, their use of Excel is fairly infrequent. For instance, suddenly trying to create a PivotTable will probably leave most of us stumped! And let’s not forget that by the time most users have mastered how to create macros in their worksheets, Microsoft will have released a new version of MS Office and we’ll be back to square one again. This, in large part, is a key reason why we offer Lifetime access to our training courses— because we, just like you, also forget stuff.

New Features in New MS Word and Excel (in a Nutshell)

Now that Microsoft has released their highly anticipated MS Office 2013, it’s likely you won’t be able to find the ‘Paste Special’ button again, so we’re updating our course content to reflect the new changes.

Here’s a low-down on some of the new features in the new MS Word and Excel:

Word:

  • Open and edit PDF files in Word – finally! Gone are the days of having an additional piece of software installed on your PC to enable this.
  • Threaded review comments
  • Read mode with page turning
  • Alignment guides – hallelujah! Why have they never had this before!
  • Placeholder

Excel:

  • Quick analysis
  • Flash fill – we’ve always had this to an extent, but flash fill just got a whole lot more intelligent!
  • PowerView – for the real Excel pro, but still a welcome addition.
  • New PivotTable tools
  • Improved functionality when opening new Excel windows
  • Recommended PivotTables and charts
  • New chart controls
  • Get a link
  • Publish Excel data to social media – we don’t recommend using this often, because snore. But it’s still great if you want to quickly share your yoy sales results with your Twitter followers or Facebook friends.

So whether you’re using MS Office 2013, 2010 or prior, if you’ve forgotten how to do a VLOOKUP, it’s time you educated yourself in the mystery that is Excel — enrol in one of our Microsoft training courses today!

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ATO Tax Refunds – Get Your Tax Return in Early

Lodge your tax return early and you're bound to get a quick refund.
Lodge your tax return early and you’re bound to get a quick refund.

We’re always updating our course content to ensure our MYOB course reflect the market demands of bookkeepers in an ever-changing industry, and if you’re one of our MYOB lifetime students you have access to this content any time, every time. And we use this blog to keep you up-to-date with industry news — like this news just in from the ATO:

A total of 1.7 million returns were received by the ATO between 1 July and 23 July 2013, and already refunds have been issued for some 40 percent of those returns—a whopping $1.68 billion refunded in less than 30 days.

These figures clearly demonstrate the benefits of getting your tax returns lodged early. Being organised in the lead-up to 30 June is the key to getting those returns in early, which is why we’re committed to bringing you the latest information you need to make your job easier.

EzyLearn: We’ll Keep You Informed 

In the lead-up to 30 June, we published a number of posts to help you get organised for the busiest time of a bookkeeper’s year: a list of the things you should do in preparation for 30 June, and an EOFY payroll checklist, which included all the things you needed to complete so that you could issue the PAYG summaries by 14 July.

Way back in 2012 we also wrote about how the ATO had changed the threshold for capital purchases to $6,500 for any business with less than $2 million in turnover, which we followed up this year with another post going into further detail about the sorts of assets you can write off under that $6,500 [link to post #59].

If you’re thinking about enrolling in our MYOB course and starting your own bookkeeping business, we’re committed to helping you get there. So join us, and start you own bookkeeping business today!

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Superannuation News: What is the Small Business Superannuation Clearing House?

Allocating everyone's super into different super funds can be taxing! Now the government's stepping in to help.
Allocating everyone’s super into different super funds can be taxing! Now the government’s stepping in to help.

One of the modules we cover in our MYOB course is the tricky business of payroll, which includes the even trickier business of superannuation. Over the last 12 months there’s been a raft of changes to the superannuation guarantee, including its gradual increase to 12 percent, which came into effect this July. But super just got easier.

Super: Confusing and Consuming

Many small business owners find managing the day to day items confusing enough without having to look after payroll — a complex, but all-important aspect of any business. Fortunately, the Australian Government has recognised that the superannuation requirements are making payroll and increasingly complicated business that many small business owners struggle with.

Making super contributions for your employees is not just complicated — it’s also time-consuming. Under the current tax laws, each of your employees have the option of selecting their own super fund, which means you can be making super contributions into different super funds for each of your employees. With the Government’s new initiative The Small Business Superannuation Clearing House, those days are over.

The Small Business Superannuation Clearing House

Every small business with 19 or fewer employees is eligible for this free service that enables you to make just one secure superannuation payment to The Super Clearing House, which is then distributed among your employees to their nominated super funds.

The Super Clearing House minimises the paper work and red tape associated with superannuation for small businesses and also allows you to nominate a regular contribution amount for each of your employees, so you can easily meet the superannuation guarantee obligations.

Using The Super Clearing House won’t affect the rest of your payroll requirements in MYOB — though it does look like it’s a direct competitor for MYOB’s M-Powered Superannuation — and once you register for The Super Clearing House service online, you can access it 24/7.

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For more information on The Super Clearing House, visit their website, the Department of Human Services website or download The Small Business Superannuation Clearing House reference guide here.

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BAS News Flash: BAS Agents Can Now Lodge TPARs

If you're a registered BAS agent you just became a whole lot more valuable to your clients!
If you’re a registered BAS agent you just became a whole lot more valuable to your clients!

BAS agents can further specialise in the construction industry

WE LIKE TO KEEP our online cloud accounting course graduates up to date with changes to the bookkeeping industry and today is no exception!

If you’re a registered BAS agent working in the building and construction industry, then we’ve got some major news for you: the Tax Practitioners Board (TPB) announced in July that BAS agents can now lodge Taxable Payments Annual Reports (TPAR).

Making more money as a bookkeeper

In an earlier blog, we talked about how you can improve the rate you earn by specialising.  Carving out a niche for yourself — for instance, honing your skills in a particular sector, like the building industry, with all its complexities — will also see you able to earn top dollar (this is exactly what the professionals at Buildon Bookkeeping do).

Taxable Payments Annual Reports (TPAR’s)

Before you can register with the TPB as a Tax/BAS agent, you’ll first need to work under the supervision of another Tax/BAS agent. If you are planning to work in the building and construction industry, you might consider working under the supervision of a Tax/BAS agent providing bookkeeping services within the industry already — so you can get a handle on lodging TPARs.

TPARs are an annual report outlining every payment made to suppliers and contractors for that financial year. Every entity or business within the building and construction industry must now prepare one.

When TPARs first came into effect in July last year, only tax agents were able to prepare the report, but on 15 July 2013, the TPB announced that BAS agents could now provide this service, which must be lodged by the 21July every year.

But wait, there’s more! The TPB has also amended the Tax Agents Services Act (2009) to allow BAS agents to provide the following services:

  • Superannuation Guarantee Contribution and Superannuation Guarantee Charge work
  • Superannuation Contribution payment and reporting services

As the Institute of Certified Bookkeepers understands it, BAS agents will not have to become registered with the TPB to provide these services, even though they were typically services carried out by a Tax agent.

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If you’re a registered BAS agent, you just become a whole lot more valuable to your clients, particularly if you work within the building and construction industry.

If you’re still unsure about the services you can now provide your clients, see the Institute of Certified Bookkeepers website, and for more information on lodging TPARs, click here.


 

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There’s Never Been a Better Time to Start Your Own Business!

Ah - the freedom of running your own small business!
Ah – the freedom of running your own small business!

A large number of bookkeepers who have completed our online MYOB course have successfully started their own businesses and to reiterate a recent blog post from Steve, the first step in starting your own business is making the decision to begin.  Secondly you have to come up with the idea, and whether it seems like it or not, all of us every day are full of ideas. It doesn’t matter what your level of education is or how old (or young) you are — we all have ideas and desires, so the initial stages of starting a business are really pretty simple. And never think you’re alone; did you know that small businesses (defined as having less than 20 employees) employ a whopping 47 percent of Australia’s total workforce. That’s a lot of people who had ideas and keep growing them.

Making Sure You’re Relevant

The actions you take after you’ve come up with your idea and how you develop this idea into a product or service that others are interested in or need is critical. We provide online training for Australia’s most popular accounting software, MYOB, and it’s clear there’s a strong demand for bookkeeping skills in small businesses around the country. Indeed, if you have accounting or bookkeeping skills and qualifications and are interested in starting a business, then there’s never been a better time to explore a Small Business Course that has now been loaded on our Learning Management System (LMS).

The Small Business Management Course for Self Starters

Our Small Business Management course covers all the aspects you need when starting a business. Our first subject covers ‘Originate and Develop Concepts‘. As you progress, the course provides you with the skills you need to create a business plan so you end up with something tangible and that ensures you’re idea can actually come to fruition. But the course is not only suited to those people thinking about starting a business; it’s also a terrific course if you want to elevate your skills in your current work too.

Our course has been designed by Maggie Richardson from the Australian Small Business Centre. Maggie has helped over 1,000 people build business plans that have turned their ideas into profitable realities.

Remember: Businesses are proven to be more successful when they operate to a business plan.

If this is your year to start a business, come and join us online with the Small Business Management Course or visit the Australian Small Business Centre and get started by subscribing to their blog posts.

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Tossing Up Where to Study? We Look at TAFE, Uni and Private Facilities

online study courses
Where you study will probably change over time.

There are more ways to study, more institutions to study with and more courses to study than ever before. But with so much choice, it raises the question: Where’s the best place to study?

Study to Suit Your Circumstances

I am a university graduate and I wouldn’t swap my degree for anything else. But I’ve also studied online and completed short courses and seminars run by universities and various other learning institutions.

Each time I studied, the method of delivery — face-to-face, online — or institution I chose offered me something that uniquely suited my circumstances at the time.

As a university student undertaking a five-year journalism degree, it was necessary to gain entry into the competitive media industry where a tertiary education is essential.

But when I decided to study again — this time an online course on becoming a freelancer — it provided me with the flexibility of studying when and where I wanted while I was still a full-time employee.

That said, I don’t believe an institution like TAFE or university is necessarily better than a private institution. For instance, I would NEVER study a language at university! I would much rather private tuition.

Online Study Benefits

I didn’t choose online study merely because of the flexible delivery — I was more than able to attend night classes at TAFE or uni if I’d desired. I chose online study because, having worked in the industry for several years already, I’d been exposed to much of the industry know-how and I was quite practised at working independently; face-time with the teacher and fellow students simply wasn’t necessary.

Studying with Peers

Sometime later I enrolled in a two-day seminar about building a successful freelance business. I had been freelancing for sometime by this point and I was seeking something that fostered interaction with fellow freelancers while I learned the low down, (semi) dirty tricks of the trade.

Stretching out your Study

And most recently, I completed a short course in investigative reporting; again at a university. What attracted me to the course was not the institution, but the teacher: a gold Walkley Award-winning investigative journalist. In this instance, I opted to attend the classes over a series of weeks rather than one intensive weekend, it gave me the chance to experiment with the things I was learning — accessing public registers like electoral rolls, seeking information from government departments through the Freedom of Information Act, and so on — so I could seek guidance if I ran into difficulties.

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So if you’re tossing up between online or face-to-face study, university or TAFE or a private institution, it’s not a matter of who’s the best or what’s the best method; it’s really a matter of what your circumstances are and what you’re hoping to achieve.

If you’re a motivated, self-starter we offer a number of online courses designed to help you develop and grow your skills across a range of pursuits, when and where you want.