I thought I’d earn some “mum points” by taking Mr 15 to see Gran Turismo, the movie. I’m not really into gaming or car racing, but I can sit through a couple of hours if it means spending time with my kid. But boy oh boy, did I underestimate this movie! My emotions went from […]
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The Xero Beautiful Business Fund is an initiative aimed at supporting small business customers in various countries, including Australia. The initiative offers over NZ$750,000 in funding to selected small businesses, allowing them to continue their operations and thrive in their respective markets. The fund is designed to help those businesses navigate challenges and invest in their […]
Many small business owners think they’re saving money by handling their bookkeeping themselves. While it can be beneficial to learn bookkeeping basics, cash flow management and your tax obligations, hiring a bookkeeper to oversee your accounts has many benefits. Leaving your books to a pro will free up time so you can focus on serving […]
Happy Father’s Day to all the amazing dads out there! Today we celebrate the dads who have left a lasting impact on our lives and the ones who continue to shape the future. It’s a day to reflect on the significance of family and the precious moments we share with our loved ones. For busy […]
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Xerocon – an event full of insightful learning, innovative app partner showcases, invaluable networking connections and vibrant celebrations. Let’s embark on a journey through my highlights of what can undoubtedly be described as the accounting and bookkeeping conference of the year. So fasten your seatbelts as we navigate through my takeaways of this exceptional event! […]
As a business owner, managing finances can be a daunting task. Keeping track of expenses, payments, and cash flow can be overwhelming, especially if you’re dealing with debt too. A business loan, line of credit or a business credit card can help your company add to your team, purchase inventory, purchase equipment, and finance growth, […]
When you start a business, you’re typically your only employee and payroll is about as simple as it gets. But as you grow, you hopefully find yourself in the position of needing to take on more team members. Before you know it, what was once a very straightforward task becomes a giant undertaking that’s sucking […]
Read More… from Outsourcing payroll – 5 ways it can help you
In July 2021 I had a heart attack. It wasn’t due to the usual causes of high blood pressure, high cholesterol, excess weight, etc. It was caused by stress. Yes, stress literally can kill you! I was your typical over thinker, over stresser, with a little anxiety thrown in for good measure. But after seeing […]
For small business owners and payroll managers, staying up-to-date on the latest superannuation changes is essential. And, with the Australian Superannuation Guarantee increase happening from 1st July 2023, it’s important to understand what this means and how it could affect your business. As an employer, this increase, and subsequent increases, will have an impact on […]
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Nobody wants their business to fail. Although it’s impossible to predict the future with 100% accuracy, a cash flow forecast is a tool that will help you prepare for different possible scenarios in the future. In a nutshell, cash flow forecasting involves estimating how much cash will be coming in and out of your business […]
The Australian Government unveiled its annual budget this week, which aims to stimulate economic growth, address long-term challenges, and improve social services. The budget is focused on helping with the cost of living, with tax cuts for middle and low-income earners, while also allocating funding to health, education, and small businesses. If you have any […]
When it comes to running a small business, maintaining small business cash flow is essential for sustainability and growth. Your business can be incredibly profitable but still ultimately fail because of improper cash flow management. To prevent that from happening, here are some best practices that can help you better manage your cash flow and […]
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You’ve likely heard the phrase “in the black.” Your balance sheet is the tool that shows you whether your business is indeed “in the black.” Your balance sheet includes a section for your assets (things you own or will receive that have value), your liabilities (what you owe to others) and equity (retained earnings and […]
Read More… from What is a balance sheet and how does it help me manage my finances?
2023 is expensive. The cost of living is higher than ever, interest rates keep rising, and it keeps getting harder to stay afloat, let alone get ahead. As a result, carrying debt has become commonplace. But, with the challenges of the past few years, many of us have more debt than we’re comfortable with. How […]
The holiday season is typically busy. Take this opportunity to show clients how much you appreciate their business. After all, it’s less expensive to retain existing clients than it is to attract new ones. And, while every day is the right day to show your clients you care, the holidays might have more meaning because […]
The end of the year tends to be a bit chaotic for business owners, but it’s actually a good time to get some extra housekeeping done for your business. Read on for some tips to help you finish the year neatly and feel prepared to face the new year. Review your goals and KPIs A […]
After my husband’s near death experience when my youngest boy was just 2 months old, our parenting philosophy became all about creating memories as a family because you just never know what’s around the corner! So we became a camping family. Before COVID threw our calendar into disarray we would take a 3-day long weekend […]
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We’re a camping family and during a recent road trip we stopped for a couple of nights in Dubbo. We had such a cool time riding our bikes around the Dubbo zoo! But I digress… as soon as we unhooked the van at the caravan park our neighbour came to warn us about the high […]