If you’re a small business entrepreneur, you’ve already hunted around the internet on how to own a successful business and quickly turn a profit. But ‘get rich quick’ can equal to ‘crash quicker’ if you can’t maintain the dollars, reputation or the lifestyle.
Australians love to kick back, chill, and take a holiday or two (or five). Unfortunately, some small business owners don’t feel they can risk that luxury. They fear their business could crumble and their customers could take their business elsewhere. But we are here to tell you that unless your service is one-star and you’re leaking money like a rusty tap, neither of these things will happen. Here’s what you can do for a low-fuss Easter/Christmas/long-weekend break. [Read more…] about Having a holiday from your small business, without the stress
It’s okay to dream and have stars in your eyes about the benefits of owning a small business, so long as you are more aware of the realities. Underestimation of expenses, lack of discipline, and not having some expert backing are only a few of the reasons the businesses fail to launch. So what can you do?
We have all come to the end of the month and looked at our bank balance with horror. WHERE has the money gone? You might have unconsciously been spending more than you realised. Have you given thought to any of the below?
Happy EOFY! People not in the accounting trade will add the ‘S’ at the end, signifying the glorious time when prices on normally unattainable goods get slashed drastically. For accountants and business owners though, this isn’t a time to leaf through shopping catalogues. We knuckle down and start getting returns together. If you are concerned about doing yours, read through the tips below.
You’re so busy with life in general that all you want to do is get your tax return done as soon as possible. But your haste can cause you to lose money. Don’t forget to claim these in your next submission.
If you fail to plan, you plan to fail as the saying goes. The fact you’re reading this means you aren’t in the former category. Hundreds of small businesses attempt to get off the ground every year, but the failure to follow crucial steps like the ones below makes starting successfully that much harder.
Some people were taught to save since the cradle and passing over their credit card is painful. Others have no trouble spending their paycheck. Small business owners commonly fit in the former group. However, maximising savings doesn’t necessarily equal success. The term ‘you need to spend money to make money’ is true to life, and we have a few suggestions on what to spend your on to help your business grow.
Ah, savings. Almost impossible to build in a world where we can’t go without our avocado toast and extra coffees. There are ways to help that bank balance go up instead of down, and you might have heard of them before. Sometimes, though, good advice has to be repeated.
Business improvement is an annual occurrence for some companies and a once-in-a-blue-moon event for others. Bosses and owners spearhead the movement but it’s helpful if the employees know a few things about the process.