When starting out, one of the big decisions you’ll have to make is how to price your product or service. You’ll look at costings and competitors pricing coupled with other branding and…
Category: Bookkeeping
Bookkeeping for Real Estate
Whether you run a real estate agency or manage properties for clients, real estate accounting can be complex. But it doesn’t have to be that way. Re-Leased, a cloud-based property management software…
Working With Your Bookkeeper
How’s your relationship with your bookkeeper? Are you best friends? Do you only speak once a year? Your relationship with your bookkeeper should be on your priority list. In fact, your bookkeeper…
How To Audit-Proof Your Shareholder Loan
If you’re a business owner and your company lends you money, you’ll enter it in the books as a shareholder loan. However, if your return is audited, the ATO will scrutinize the…
Small Business Should Establish Controls
Every week, reporters publish stories about companies that have lost thousands, even millions of dollars because of fraud. They recount the dreadful details of business owners who learned – too late –…
Is Your Business Susceptible To Payroll Fraud?
Most businesses can be hit with payroll fraud. Even if your company has only a few employees — it does not guarantee your funds will be safe. Here’s how payroll fraud can…
Bookkeeping Advice For Small Business Owners
Some small business owners love going over their books — after all, it’s their personal scorecard of how well the business is doing. Others dread dealing with numbers or get so caught…
8 Strategies To Increase Sales & Profit
We live in a business world where competition is incredibly fierce and there is an ever-ending challenge to leadership: How do we get more profit? So, here are 8 great profit ideas…
So, you’re starting a business…
Whether you’ve been plotting it for years or just recently decided to go for it, starting your own business is a big leap. Now that you’re taking the first steps, pause for…
Govt Looks at Renewal Fees for ABNs
The federal government’s plans to reform the ABN system could include fees for periodic renewals and more “active verification” methods. In a consultation paper released this morning, which covers recommendations from the…