Illegal phoenix activity has a significant impact on the Australian economy with an annual estimated cost of up to $5.13 billion. While illegal phoenix activity has many victims, the impact on small business, particularly, can have a catastrophic effect on their operations as well as personal lives. Illegal phoenix activity is when a new company is...
With prime position in the lobby of a busy inner-city building, Viaje Coffee was thriving under the management of Hugh Nguyen and his business partner Wayne Kang. “Before the pandemic, our business was going well,” said Hugh. “Viaje Coffee had a very loyal customer base and our business was growing. Then, COVID had a massive impact. The building...
Most people associate record keeping with tax time, but having a good record keeping system in place can also help you monitor the health of your business. Record keeping can give you a more accurate picture of your business to help you understand how you are doing, so you can spot any potential problems sooner rather than later. What records do I...
Learn how to prepare employment contracts that not only protect you as a business owner but also provide clarity to your employees around the terms and conditions of their employment.
Small business owners wear many hats. From customer service and sales, to bookkeeping and recruitment — when you run a small enterprise, the buck stops with you. There’s no doubt that owning a small business has many rewards. However, it’s important to acknowledge that this lifestyle also comes with its fair share of challenges. There is the...
Make the most out of the Xero and learn how to use its advanced product features to get the most out of this powerful accounting tool.
Compared to social media, Google Ads convert three times more people into leads and sales. But a successful ad campaign needs a clear strategy.
Learn how to harness Copilot’s AI powered tools to boost efficiency, improve decision making and streamline your workflow with Microsoft apps.
Are you a small business owner feeling overwhelmed by social media? Me too! I got a degree in communications well before anybody had smartphones or Facebook friends, and the word “content” was mostly used to describe somebody who was pretty happy with their life. I’ve learned everything I know about digital marketing on-the-job over the course of...
In a world where customers are often driven online to find the cheapest option, it can be hard for bricks-and-mortar businesses to feel they have a fair chance to be competitive. Bricks-and-mortar business can be tough – but there are also some fantastic advantages that might not work for online businesses, particularly in light of recent pressures...
Tax time can be a stressful time for many business owners. It can be confusing keeping on top of deadlines, changing rules and deductions. The best place to start with your taxes is by enlisting the help of a tax professional to make sure you’re on track with your deductions and tax obligations. You don’t want to claim for deductions you later find...
Tax is a fact of life for every small business owner but, with proper planning, it doesn’t need to be something to fear. We sourced tips from an accountant about how to approach tax time proactively. Greg Mawer is an accountant and business advisor who took his love of numbers to a new level with the launch of his business, Accumulate Accountants +...
