Stories of business magnates starting out in suburban garages with nothing but a whiteboard and a dream have become the stuff of legend. We small business owners wear all of the hats, all of the time. That’s commendable, inspiring, and keeps things cost-effective,...
In the flurry of running a business, especially in the early days, many business owners relegate ‘doing the finances’ to an afterthought; a side mission that can be undertaken in the off hours. This is understandable, but it’s a mistake. It is natural to want to put...
One of the biggest misconceptions new business owners have is that one of these plates —bookkeeping— is a concern that you can quickly address on your way out the door. In reality, it’s a dynamic, ongoing process that requires dynamic, ongoing attention. And let’s be...
When we published our piece on how many bank accounts your business should have, we were surprised to see how many Aussies were puzzled by this basic business bookkeeping tip. So, it might be interesting to know our best-practice advice around managing business and...
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...
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