Small Business Accounting Software Blog

Hiring an apprentice? Here are five things you need to know

Whatever stage your business is in, an apprentice or trainee could be what you need – particularly if you’re expecting to grow soon, or are simply looking for an employee that’s enthusiastic about knowing the industry inside out. Before hiring an apprentice, here are five things to keep in mind. 1. Know exactly what an apprentice is – and where to find one For a worker to be considered an apprentice, there must be learning involved on the job. This learning [...]

25/11/2020 By Madi Uncategorized business planning, business success, small business 0 Comments

How to manage and embrace change in turbulent times

The new “working-from-home economy” is predicted to continue long past the pandemic that prompted it. That’s not all: e-commerce has likely changed forever as online shopping boomed during lockdowns; Zoom meetings and get-togethers are now commonplace; and we all now know how to properly wash our hands. More things will change, and some will never return to “normal”. With human beings naturally wired to resist change, we’re taking a look at strategies that can help you manage your stress in [...]

19/11/2020 By Madi Uncategorized Australian small business, business goals, business productivity, business success, home business 0 Comments

The great GST debate 20 years on

It has been more than 20 years since the GST was introduced in Australia, and despite all the fears about how we would work out how much to pay for birthday cakes and pre-prepared salads, the implementation of the broad-based tax has run very smoothly. If you’re a consumer it’s simple – GST is added by the retailers or the service providers we buy from, and there’s very little we have to do other than pay what’s due. However, if you’re [...]

17/11/2020 By Tim Millar Uncategorized 0 Comments

Is merchandise still relevant for brand awareness?

Company t-shirts, stress balls, pens: we all have them, and we’re bound to collect more as time goes on. Branded merchandise is still a go-to for many businesses looking to increase brand recall among their audience, but times have changed since its invention. With the world more digitised than ever before, paired with COVID-19 wreaking havoc on almost every aspect of business, the benefits of merchandise must now be considered very carefully before spending can be justified. We take [...]

11/11/2020 By Madi Uncategorized business marketing, business success, small business 0 Comments

Growing your business in a post-pandemic era

Few events have as big an impact on the global economy than a pandemic. Almost every industry has been affected by COVID-19, whether negatively or positively; and for some, it simply prompted a closer look at how they – or their business – operated. When the initial wave struck, supply chains were shaken, and there were immediate questions regarding how the health crisis would impact consumer behaviour and trade. Small businesses – even those deemed essential, like independent contractors working [...]

09/11/2020 By Madi Uncategorized Australian small business, business planning, business success, small business 0 Comments

How to generate new opportunities in a time of uncertainty

Being a solo professional or solopreneur can be intimidating, especially if you’ve decided to make the transition to the freelance world without existing clients of your own. A study of sole proprietors in the US showed that more than one-third believed their biggest challenge to be finding the time and resources to generate new business. Intensifying this are the challenges brought about by COVID-19. So, what’s the best approach? Here are some sure-fire ways to generate new opportunities in 2020. Play [...]

28/10/2020 By Madi Uncategorized business goals, business success, new business opportunities, small business 0 Comments

Time saving tips for the savvy small business owner

We all have those days where you sit down with your morning coffee, read a few emails, then look at the clock and it’s already 2pm. Time just slips away from us, and for business owners, this happens far too often. Unfortunately you can’t add more hours to the day, but here are our 5 quick wins to making the most of the time you do have. Plan ahead Planning, preparing, and organising your day helps map out what needs to [...]

14/10/2020 By Madi Uncategorized Australian small business, business productivity, business success, small business 0 Comments

2020 Federal Budget Breakdown

On Tuesday 6th October 2020, Treasurer Josh Frydenberg delivered a budget that aims to jumpstart the economy, as we move through the uncertain times COVID has created. There’s a lot to take in, so we’ve highlighted the changes that will benefit small business almost immediately. Instant asset write-off extension: The Government has extended the instant asset write off that had already been expanded, so small businesses can claim a tax deduction for the full value of assets purchased until 30th June 2022, rather than claim depreciation amounts over several years. Find out [...]

09/10/2020 By Madi Uncategorized Australian small business, small business, small business tax 0 Comments

Brand collaborations to boost your business

When we need a job done or have to ask someone for help, the most common response is “I know a guy!’’ Growing your business through word of mouth is the Australian way. However, times are changing. With more and more businesses investing in digital advertising and brand collaborations, it can be hard for people to notice your brand. Whether you’re a new business or have been in the game for a while, if you are wanting to reach a [...]

06/08/2020 By Madi Uncategorized business goals, business planning, business success, small business 0 Comments

How to sell online for small business

Small business owners need to know how to sell online. In today’s world, customers expect you to have some sort of online offering. Using the internet to shop around, read reviews and compare prices is natural to the modern-day consumer. If you don’t have some form of presence, then you won’t be an option and you’ll miss out on a great opportunity. According to the Auspost eCommerce report, in 2018 online purchases in Australia grew by more 13% with 73% of households shopping online, spending over $27.5bn. How to sell online in 4 steps Setting yourself up doesn’t have to be a difficult task. To get started, create [...]

16/07/2020 By kelly.connor small business 0 Comments