Seasonal dips in income can be highly challenging when you’re a small business. But there are proactive ways to predict, plan for and overcome these dips in revenue. The key to dealing with seasonal dips is to know when they’re … Read More
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Efficiency
The “Must Have” Systems For Your Real Estate Business
Maximizing Effectiveness: The Top Systems Real Estate Agents Should Embrace In the fast-paced world of real estate, agents are constantly seeking ways to enhance their effectiveness, boost conversion rates, and streamline financial management. Leveraging the right systems can make all … Read More
Harnessing Tech Advancements in Retail: A Guide for Small Businesses
In today’s rapidly evolving retail landscape, technology is not just a tool but a transformative force. For small businesses, embracing technological advancements can be the key to unlocking growth and staying competitive. Among the most revolutionary technologies reshaping the retail … Read More
Why you should move to Cloud Accounting
If you’re managing a small business, the chances are that you’re using one of the current crop of cloud accounting platforms. Whether your chosen software is Xero, QuickBooks or MYOB, these online accounting tools are now the standard for business … Read More
How healthy is your business?
When you’re running a business, it’s easy to get caught up in the day-to-day activity and lose sight of the big picture. Taking stock of the health of your business is important. Knowing where you are allows for more effective … Read More
Why productivity matters, and what you can do about it
Productivity is a term associated with strong economies, robust businesses and the efficiency gains of clever staff. If only businesses were efficient, then we would have fewer of them failing, more employment and better incomes for owners and workers alike. … Read More
Getting your small business tax in order
With the 2023/24 financial year now wound up, it’s time to think about submitting your tax return and making sure you have the cash reserves put aside to pay the company’s tax bill. This short guide to getting your small … Read More
DIY Bookkeeping and Accounting? The 5 big challenges
When you’re starting out as a small business owner, the temptation is to go DIY with your accounting. Hiring a professional accountant or tax adviser costs money and that’s an overhead that you can remove by doing all the financial … Read More
Cash flow forecasting puts you back in control
We all know that positive cashflow is the beating heart of any successful business. And with so many external pressures on your cash right now, it’s important to have one eye on the future. Cashflow forecasting is an increasingly important … Read More
How to Calculate Your Breakeven Point
Understanding your business breakeven point is essential to know how much money you need to make to stay in business. It can therefore help you make well-informed financial decisions and practical business plans. The breakeven point is the income or … Read More