People & Payroll

Improving Cash Flow for Small Businesses: Finding Cash You Already Have

Have you ever felt short on cash – even though your business appears busy and profitable? For many business owners, cash flow pressure doesn’t come from a lack of income. Instead, it comes from money being tied up inside the business – sitting in debtors, stock or under-used assets. The good news? When it comes […]

Payday Super Is Coming: What Employers Need to Know Before 1 July 2026

From 1 July 2026, Payday Super becomes law. That means superannuation must be paid at the same time as wages, rather than quarterly. For many employers, this will be a positive shift. For others, particularly those who haven’t yet transitioned, the move may bring short-term cash flow pressure and process changes that need careful planning. […]

Business Christmas Preparation: What to Review Before the Holiday Break

The festive season is almost here – just this weekend coming back from a few days in Melbourne, I noticed Christmas trees already up in the airport! So now seems as good a time as any to start talking about Christmas parties, team gifts and end-of year shutdowns. A little business Christmas preparation can save […]

Payday Super: What Business Owners Need to Know and How to Get Ready

If you run a business with employees, you’re likely aware that superannuation is about to go through one of its most significant reforms in decades. The proposed reform known as “Payday Super” will significantly alter when and how you pay the superannuation guarantee (SG) contributions for your employees. Let’s break it down here. What is […]

Preventing Burnout in Business: Supporting Both Your Team and Yourself

The working environment of the past few years has pushed the topic of burnout into the spotlight. Remote work, blurred boundaries, mental fatigue, and the constant pressure to “do more” have left both employees and business owners feeling stretched thin. At Blackwood Bookkeeping Solutions, we work closely with business owners and teams who give everything […]

Superannuation Payments: Cut-Off Planning for EOFY 2025

As the end of the financial year approaches, it’s important to start thinking about your superannuation obligations – especially if you’re hoping to claim a tax deduction for those contributions this year. Timing Matters for Super Payments To ensure your Super Guarantee (SG) contributions are deductible for the 2024–25 financial year, they need to be […]

Minimum Wages Set to Rise: What Business Owners Need to Know

Minimum wages are set to rise with the Fair Work Commission handing down its Annual Wage Review decision for 2024–2025 – announcing a 3.5% increase to the National Minimum Wage and minimum award wages. This change will come into effect from the first full pay period on or after 1 July 2025. If you’re a […]

What Small Business Employers Need to Know About Pay Day Super – And How to Prepare Now

If you’re a small business owner and employing staff, there’s a big change coming your way – and it’s called Pay Day Super. While it’s not scheduled to be mandatory until 1 July 2026, forward-thinking businesses (like our clients) are already preparing – and in some cases, already using it. So, what is Pay Day […]

Celebrating Women in Finance

This International Women’s Day, we take a moment to celebrate the incredible women in finance – those who are reshaping the landscape of bookkeeping, accounting, and financial planning. At Blackwood Bookkeeping, we see firsthand the impact women have in driving financial clarity, business growth, and innovation. Women in Finance: A Force for Change The financial […]

Managing employee morale during times of change

Change is inevitable in any business, but it’s rarely easy – especially when it comes to managing employee morale. Whether you’re restructuring your team, implementing new processes, or pivoting your business strategy, major transitions can leave team members feeling uncertain, disengaged, or even overwhelmed. If you’re a change leader or small business owner, you’re probably […]

Wage Theft: What Australian Businesses Need to Know and How to Stay Compliant

Wage theft is now a criminal offence in Australia, marking a pivotal shift for businesses of all sizes. At Blackwood Bookkeeping, we understand that navigating these changes can feel overwhelming, but ensuring compliance is essential – not just to avoid penalties, but to build trust and maintain integrity. As your trusted financial partner, we’re here […]

Superannuation Compliance: Essential Tips for Employers

As a small business owner, keeping up with superannuation compliance is more important than ever. With the Australian Taxation Office (ATO) tightening its monitoring systems, staying on top of super payments isn’t just good practice – it’s essential! Here’s a rundown of what’s changing, why it matters, and the steps you can take to stay […]

New beginnings

Reflecting on 22 Years of Growth, Challenges, and Exciting New Beginnings After 22 years of running Miss Efficiency, we’re excited to announce a new beginning – Miss Efficiency has been acquired by Blackwood Advisory and has become Blackwood Bookkeeping. It’s been a remarkable and challenging ride, filled with ups and downs, milestones, and countless lessons […]

Preparing for End of Financial Year

Do you want to successfully navigate year end? I hope so! In this webinar we’ll give you essential insights and strategies for optimising your business’s financial health. Learn how to accurately close your books, maximise opportunities, and set your business up for success in the coming year. Don’t miss this opportunity to ensure your books […]

Strategies to Improve Financial Operations

As a small business owner, it’s a constant juggling act between how you can improve financial operations, increase revenue, improve profit, grow the cash. I recently returned from a business development week in Hobart that was full of learning, discussions, brainstorming, and invaluable insights into strategies for growth and improvement. The energy of the event […]

Balancing Your Books and Family Time This Easter

Growing your business often means long hours and what seem like endless responsibilities. When family holidays like Easter roll around, stepping away to create memories with loved ones may seem like a luxury you can’t afford. But what if I told you that good financial management and systems might just be the hidden egg you […]

Essential Guide to Financial Resilience

Understanding financial stress As a business owner, financial stress may be familiar. The cash flow that is the lifeline of your business can sometimes feel like a rollercoaster, full of unexpected turns and stomach churning drops. How can small business owners ride this economic rollercoaster? Here’s our top tips on building your business resilience while […]

4 tips for hiring staff

Hiring staff can be an exciting time, because it means expansion and growth in a business. Sometimes, however, businesses grow before they’re ready to. Small business owners think their businesses look more professional with more staff so they hire people when they don’t need to. Here are four tips for hiring staff, and being certain […]

Read More… from 4 tips for hiring staff