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No-one wants to be the happy-go-lucky one twiddling their thumbs and waiting for a payment to land, especially during the cost of living crisis we’re in. Plus, with recent research from Xero citing more small businesses are experiencing cash flow issues than ever...

However you celebrated the festive season just gone, our guess is that it was probably pretty expensive. So, as we head into 2024, just like you, budgets are on the brain of many small business owners. Of course, the first step to healthier money habits is mastering...

Last month, our blog on how to create a cash flow forecast was super popular with readers, and we received a lot of questions – obviously Aussies need more information on the role of cash flow in their small business bookkeeping! So, this month we’re expanding on...

If there were ever two words to strike uncertainty and confusion in the mind of any small business owner: they’d be ‘cashflow forecasting’. What the heck does it even mean, and why does my bookkeeper keep harping on about it? There’s a key thing to remember about cash...

As certified bookkeepers, we’re no strangers to time-poor business owners keeping a personal stash of crumpled receipts in their car glove box, and it’s a part of our job to make this simpler for them. So, let’s talk about managing expenses for a second – and what...

Single Touch Payroll (STP) is, at its very core, designed to help busy business owners avoid the one thing that plagues them the most: sifting through mountains of crumpled payroll paperwork. So, with a fresh financial year now upon us, there’s no better time to get a...

From July 1, 2023, a key thing happened for small businesses that manage employees covered by a modern award: base rates went up by 5.75%. Add this obligation into your already complex workload of managing staff hours, leave entitlements, tax responsibilities and...

If you run a virtual business you know how much time and effort you spend to make it a success. Like some virtual businesses, you might be running your company with people spread out all across the country or even the world. Accounting and bookkeeping might be the...

As a business owner, you may be feeling the pinch at the moment. Deloitte recently reported the weakest rate of economic growth outside of the COVID pandemic since the 1990s recession, and warned that Australia’s economy is on a knife edge. Your first thought as a...

A growing business is a fantastic problem to have, as many business owners will say in jest. However as your business grows, so does your administration, premises, inventory, employees - and the demands on your time. Take stock and begin to put your finger on what you...