Blog categorized as General
Whether you are opening a new business or running an existing one, finding a niche in your market is essential for success.
If you’re an existing business, one of the best methods to finding a niche is to listen to the requests of your existing customer base. When a customer asks for a product or ser...
Analysing your competition is a key component when writing your business plan. Understanding both your current and potential competitors is critical to ensure your business survives and grows. In this chapter of Business Planning you will learn the key aspects of conducting a competitor an...
Since the introduction of SuperStream in Australia, the Small Business Superannuation Clearing House (SBSCH) has provided small businesses and sole traders with an easy option to make SuperStream compliant contributions.
On 26 February 2018, the SBSCH will join existing Australian Tax Office (ATO) se...
While Santa’s double checking his naughty and nice lists, make sure you check out our list of 7 tips to make sure your small business is all set for a jolly holly Christmas.
Get into the festive spirit
The end of a year is also a great time to celebrate and acknowledge the hard work and achievements o...
Everyone knows the importance of backing up their small business data, yet here at Cashflow Manager we still get many calls about lost financial information. Don’t wait until disaster strikes to find out that your backup system isn’t working. Here are three common backup mistakes to look out for.
Ski...
In our recent blog “ATO announces simpler BAS reporting for Small Business†we discussed how the ATO” introduction on 1 July 2017, of simplified BAS would make it considerably easier for small business to manage their returns.
Basically, the reporting requirement for BAS has been simplified so that...
This week, the Australian Government pledged to remove and replace the 457 visa entirely, so what will this mean if you run a small business that relies on this category of workers?
We expect that more details will be coming soon, but here is what the government has released so far.
On 18 April, the g...
As an entrepreneur, you probably have no shortage of ideas and dreams, but sometimes you can fall short when it comes to putting them into action.
Even with the best plans in place, life can sometimes get in the way of you achieving your goals. Life throws you curveballs, or you get sidetracked with ...
Small businesses rarely have a dedicated marketing team, so building your small business brand is a crucial step to grow your business. A small business with strong brand equity has loyal customers and generally, more profit.
Think about Apple. Through building its brand equity, the tech giant is abl...
Small business productivity is challenging. Making sure each workday is productive is essential to move your business forward, especially when on most days, the clock strikes 5pm and you’re not even halfway through your to-do list.
No matter how hard you push yourself to get the job done, you can nev...
Small Business Labs from Emergent Research, who specialise in small business research have put out their predictions for the year ahead. These include upcoming trends in technology, social, and political changes and how they could affect business. I have handpicked a few I found most interestin...
Technology has changed many aspects of the way businesses operate. One thing is for sure; the rapid advancement of technology is not going to slow any time soon.
The Federal Budget was handed down last night with changes announced in many areas such as Education, Welfare, Defence & Security, Superannuation and Taxes. Several of our business owners are wondering how the 2016 budget will directly impact small business.
The general consensus is that small bu...
Starting a small business can be scary. We often hear about the risks involved in striking out on your own, but with risk comes reward. These are some of the greatest advantages of going into business for yourself.
You are your own boss. One of the absolute best things about starting your own busines...
