Running a business can be a lot! Each day can bring a new problem to solve and stress can be common. For small business owners, navigating stress isn’t just about personal well being – it’s a crucial aspect of sustainable business growth. Let’s explore the intricate relationship between business success and the management of stress; […]
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Any successful business owner will tell you that the backbone of a thriving business is its ability to understand and use its financial insights wisely. However, the raw numbers on your Balance Sheet or Profit and Loss statement are just the starting point. The key is to turn those numbers into actionable insights that improve […]
Growing your business often means long hours and what seem like endless responsibilities. When family holidays like Easter roll around, stepping away to create memories with loved ones may seem like a luxury you can’t afford. But what if I told you that good financial management and systems might just be the hidden egg you […]
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Understanding financial stress As a business owner, financial stress may be familiar. The cash flow that is the lifeline of your business can sometimes feel like a rollercoaster, full of unexpected turns and stomach churning drops. How can small business owners ride this economic rollercoaster? Here’s our top tips on building your business resilience while […]
It’s six months since we submitted our last 2023 FY BAS and where has the time gone?! We’ve had lots of really cool things happening with a focus of business growth, connection and rejuvenation. Before we get stuck into the next round of end of financial year busy, here’s a sneak peak of what we’ve […]
Are you ready to take your business to the next level? Do you want to unlock the secrets hidden within your financials and pave the way for growth and profitability? If so, you’re in the right place! Welcome to our upcoming webinar on Unlocking the Balance Sheet. In this transformative session, we will delve into […]
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Running a small business is undoubtedly rewarding, but it comes with its fair share of challenges and navigating overwhelm is one of them. If you’re starting to feel overwhelmed, here’s a game-changer for you: implementing effective financial systems throughout your business not only helps reduce the overwhelm, but they give you valuable insights into your […]
Hiring staff can be an exciting time, because it means expansion and growth in a business. Sometimes, however, businesses grow before they’re ready to. Small business owners think their businesses look more professional with more staff so they hire people when they don’t need to. Here are four tips for hiring staff, and being certain […]
Hopefully you have long – and short-term plans for your business and you may even have a strategy for your own personal development, but have you considered having a personal development plan (or individual development plan) for your team? A team member personal development plan is an action plan that focuses on helping your team […]
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You have a unique opportunity at this time of year to reflect on your business’ achievements and set the stage for financial success in the upcoming year with some goal setting. Here’s a comprehensive guide to help you establish meaningful financial goals and strategies for the new year. Evaluate Current Business Performance Before diving into […]
Operating a small business involves engaging in various aspects of the business, such as sales, accounting, marketing, and human resources. Managing human resources encompasses more than just hiring and terminating team members, although these are significant components of the role. It entails overseeing the individuals who work for your business during their employment. One crucial […]
In the fast-paced world of small business ownership, the challenge of managing finances can be overwhelming and the key is to optimise your business finances. Today, let’s explore the significance of outsourcing your bookkeeping and why it might be the key to unlocking the full potential of your professional services business. Time vs. Expertise: As […]
The trees are up, the presents are wrapped, the food prep is underway, and many of us are in a downward roll towards the holidays. With a number of public holidays coming up, it’s important to be across the rules around public holidays and payroll. Here’s what you need to know. Public holidays When public […]
It is coming to that time of year again where Christmas is around the corner and the New Year follows shortly thereafter. While it is commonly a time for celebration and an annual vacation, it can be a complex time for us bookkeepers. The complexity comes when working with varying awards or working conditions and […]
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As a team of seven spread across four different states, maintaining strong connections and team culture is paramount. Initially, I considered meeting each person individually for catch-up sessions in person. However, I soon realised that fostering these connections shouldn’t be limited to one-on-one interactions; it’s about all of us connecting with each other. This realisation […]
Xerocon Sydney 2023 – the learning, the connections, the parties …You can check out my full wrap up blog below. Be warned, it’s quite a read so settle in with a cuppa. Here’s the 2 minute summary.Learning and innovation: Xerocon is presented as a hub of knowledge and learning opportunities. The event featured sessions […]
I thought I’d earn some “mum points” by taking Mr 15 to see Gran Turismo, the movie. I’m not really into gaming or car racing, but I can sit through a couple of hours if it means spending time with my kid. But boy oh boy, did I underestimate this movie! My emotions went from […]
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The Xero Beautiful Business Fund is an initiative aimed at supporting small business customers in various countries, including Australia. The initiative offers over NZ$750,000 in funding to selected small businesses, allowing them to continue their operations and thrive in their respective markets. The fund is designed to help those businesses navigate challenges and invest in their […]