Blog

Businesses are realising the crucial role played by accounting and bookkeeping in maintaining financial stability. Accurate and up-to-date financial records allow businesses to make informed decisions and allocate resources efficiently. With the uncertainties brought by the pandemic, the need for robust financial management has become even more pronounced.    Businesses are also recognising the significance […]

Founding, building and growing your own small business is a hugely rewarding experience for many entrepreneurs. But the road ahead isn’t always smooth.  There are common challenges that crop up and ongoing issues that need to be factored into your business plan, your strategy and your own personal thinking.  So, what can you do to […]

Being a business owner can be stressful. When the buck stops with you, it can be easy to let the pressure mount up and to discount your own wellbeing.  But taking care of your own mental health is equally as important as taking care of the business – research from MYOB showed that 53% of business owners […]

When you’re calculating pay rises, it’s important to think about more than just how much you can afford. You also need to consider the true cost of replacing that employee.  Low pay rises can be unexpectedly expensive  It’s surprisingly common for businesses to offer low pay rises, only for workers to feel undervalued and resign. […]

Managing your finances effectively is crucial for achieving financial stability and building a secure future. A well-planned budget empowers individuals and businesses to track their expenses, control their spending, and save for their goals.     To begin with, it is important to set clear financial goals. Whether it’s saving for a new piece of […]

Organising your documents now will mean you can get your tax return completed earlier and access any refunds due or start planning for tax payments.  Getting your business records up to date means you can concentrate on the year ahead rather than think about your compliance for your BAS and tax returns.  Eat that Frog!  […]