Business 101
Quite often when we start up a business it’s because we are good at something. What we tend not to consider is the actual “business end” of running the business. In this video, Alex goes through a few of the key considerations when starting up your new venture.
Top 3 reasons start-ups fail and how to avoid them
The start of a business is an exciting time. You’ve got a great idea for a business and are enthusiastic to get started. It’s important to plan ahead to give your business the best chances for success. Planning ahead means anticipating challenges and developing ways to successfully address them, so they don’t upend your start-up. […]
Tricks and Traps of Asset Purchases
Often little thought is given to how an asset is to be financed when it is purchased, but it can cost unnecessary dollars in tax if done incorrectly. Watch Alex as she shares a few tricks and traps when making your next purchase.
E-invoicing: A Huge Cashflow Win for Australian Businesses
The Australian government has made some important announcements over the past few months with regards to e-invoicing. In the 2021-22 Budget, the government committed $15.3 million to increase the adoption of e-invoicing, which guarantees accelerated payment terms. In this article, we will look deeper into what e-invoicing is and how any type of business can […]
It’s Going to Cost How Much?!
Have you noticed the cost everything lately? For me, it was really hammered home when I last filled the car up. For those of you joining me in the ranks of having a diesel, the cost per litre about 12 months ago was circa $0.75, fast forwards to now and you’re struggling to find it […]
4 Tips for Encouraging Repeat Customers
There’s a lot of data supporting the idea that it’s less costly, easier and more efficient to encourage repeat customers than bring in new ones. Among the stats Hubspot lists are that a 5% increase in customer retention is responsible for more than 25% increase in profit; repeat customers are 9 times more likely to […]
4 Benefits to Hiring a Bookkeeper for Your Business
Bookkeepers can be highly beneficial for businesses of any size. They offer expertise and insight into areas that you may not have experience in. They can also take some tasks off your to-do list, freeing up your time and energy to focus on other matters. Here are 4 benefits to hiring bookkeepers to help you […]
3 Reasons Why Business Partners Break Up and How to Prevent Them
For many business owners, partnerships are an ideal way to run a business. Operating a business with a partner means you don’t have to make all the decisions on your own. It means you have someone there with you, to help you carry the burden and share ideas with. That can be a great thing, […]
Questions to Prepare for When Pitching to Investors
If you’re looking for people to invest in your business, be prepared to answer some important questions. Investors look for smart investment opportunities—that means they want to find out as much as they can about you and your business before they make a decision about whether or not to invest with you. It’s vital to […]
Understanding Australia’s Director Identification Number
In its 2020 Budget Digital Business Plan, the Australian government announced the full implementation of the Modernising Business Registers (MBR) program. The program is designed to both establish the new Australian Business Registry Services (ABRS), and enhance how businesses register and manage their information with the government. Although the ABRS rolls out progressively between 2021 […]