How do I deal with my GST? Although the GST has been around since July 2000, many businesses are facing it for the first time – either because they are newly established or because recent changes in their turnover have forced them to register. For these businesses, there are many things to consider in the […]
Are you ready for end of financial year? It seems not so long ago that we were opening presents from Santa and enjoying weekends at the beach. All of a sudden the days have turned cold and I’m rifling through my kids drawers trying to find them warm clothes for the day. And just around […]
Are you getting your payroll right? If you hire staff, payroll is a very important job! Not only for compliance issues – nobody wants grumpy employees because they haven’t been paid correctly! Here’s some common errors that we come across for you to look out for when you’re preparing payroll for your staff. Has annual […]
Did you ever have one of those heart stopping moments – a blood curdling scream from one of your children? Zac was a very busy 5 year old boy – always has lots of questions, always climbing on things, always many things occupying him at one time – always leaves his mum with her heart […]
Have you ever had a light bulb moment? Working for and by yourself can be isolating. And it can be limiting. There’s a famous saying – ‘you don’t know what you don’t know’. This is very true. If you’ve only got your own skills, education and experience to go by, how are you going to […]
Don’t work for nothing – get paid! Do your clients pay you when they feel like it? Do your clients not pay you at all? Unfortunately some don’t pay at all before they go into liquidation – a mistake I have made and learned from. But sometimes you can’t always see that coming, and sometimes […]
Is procrastination driving you to distraction? Procrastination can be stressful and very unproductive. You may be procrastinating because you’ve got a big project looming that’s too overwhelming, or you’d just rather be doing something else. You may only work well under pressure when a deadline is looming, or you may be too disorganised to get […]
Tax obligations coming soon! Before we know it, 30th June will be here. This is a time when issues in the business finances can be highlighted. A major problem highlighted is failing to keep financial and tax records up to date (or at all). Other problems can be only speaking with your accountant at tax […]
Are you heading for end of financial year disaster? The end of financial year is coming! It seems not so long ago that we were opening presents from Santa and enjoying weekends at the beach. All of a sudden the days have turned cold and I’m rifling through my kids drawers trying to find them snuggly […]
Running your own business is great – but can we have it all? Do you ever wonder what it’s all for? Do you sometimes think that it’d be easier to just pack it all in and go back to work in the “real world” rather than running your own business? I’m sure many small business […]
Feedback is great, but it’s important how it is perceived. We all like to receive positive feedback and be told we’re doing a great job. But what about when somebody tells you you’re not doing such a great job and that feedback is negative? Do you ignore it and hope not to hear from them […]
Record keeping is essential for your business! Good record keeping can help you protect your business, measure your performance and maximise profits. Records are the source documents, both physical and electronic, that specify transaction dates and amounts, legal agreements, and private customer and business details. What are the benefits of record keeping? Developing a system […]
Cash flow is the life blood of your business! The cash flow of your small business relies on your customers paying your invoices in a timely manner. Unfortunately, this doesn’t always happen, and it can have severe consequences for your business. So, what can you do about it? Here are some other tips to help […]
How is business going? In life, as in business, things don’t always go to plan. However, that doesn’t mean that it’s a disaster, it just means that you may need to take a different road to your destination, or to change your destination completely. In business there are ups and downs – just like in […]
Are your payslips compliant? Employing staff is serious business with many responsibilities between employer and employee. One of them is the issuing of payslips. It may seem like a simple little thing, but there are specific rules regarding payslips and not complying can lead to serious consequences under the Fair Work legislation. What information should […]
Working from home – avoiding distractions! As a “work at home mum”, my workplace is rife with distraction – the washing that needs to go into the washing machine, the breakfast dishes that need to go into the dishwasher, the dishwasher than needs to be emptied, the kitchen floor that needs to be mopped, the […]