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First Class Accounts

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24.01.2022 Here are some great tips on how to help out your fellow small business owners when you can't be there in person!

24.01.2022 A new report by Deloitte, The Ethical Advantage, shows that when a #business makes great ethical choices, it boosts a return on assets by 7%. We know that ethical failure costs businesses money, causes a loss of trust and is damaging to their #brand. But what are the actual economic benefits of ethical best practice? What else can we gain by being more ethical as a nation? #SmartCompany talks with #businessleaders about when their businesses have behaved ethically they have also made a profit, and more than that, they have enhanced their reputation and built trust with their stakeholders.

23.01.2022 A business that was once competitive and successful may no longer be sustainable long term. We’re living in a savage setback era. But the recovery period is in action for many. Now, learning to future-proof your work is one of the most valuable assets. So how do you think critically about the future of your business? Here’s how to create a structure that adapts well to change and stands the test of time.

21.01.2022 #2021 has shown an upward #trend of people #WorkingRemotely, but it exposes many kinds of complications for your business including how to control your employee #spend during this transition. As a #businessowner how do you gain greater control of cash flow in a remote working environment?

21.01.2022 Many small businesses are looking for ways to bounce back and beat the obstacles that 2020 has thrown at them. But how can you feel confident in your next step? Here are some tips for strategically investing in your business amid the pandemic.

21.01.2022 According to ACCC’s agency Scamwatch, scammers have used the threat of COVID-19 to prey on vulnerable people across Australia. Approximately over $1.3m in losses have already been reported, as a result of COVID19-themed scams. An important method of self-protection is to be aware of how they operate and to stay informed on the variety of deceitful approaches:

20.01.2022 #bxnetworking #firstclassaccounts #firstclassaccountsbalgownie Julie Hobbs

19.01.2022 #2020 is coming to an end, so now it's time to think about #cashflow moving into the New Year. Do you have the knowledge to build solid cash flow for down times and a post COVID plan? This will ensure your #business is ready for whatever comes your way. Whether it's this sustained environment of #lockdowns and re-openings or having an idea of what your business recovery may look like. Whatever happens out in the world, having a cash flow forecast is crucial for planning your business future.

18.01.2022 "While we’re all figuring out how to make things work on a micro and macro scale, we’re simultaneously being presented with a rare opportunity to define what works for us. So it’s time to finally ask yourself: How can you turn work into something that works for you?"

17.01.2022 Great presentation this morning Julie Lyddiard. Awesome event this morning. Paul Jones #illawarrabusiness #illawarranetworkgroup #ing

17.01.2022 Great morning catching up with great business minds #bxnetworking #firstclassaccountsbalgownie

16.01.2022 Tracking expenses is a crucial part of any small business’s financial and administrative governance. Here are three ways to simplify the process.

15.01.2022 The increasing preference for contactless payments during the COVID-19 pandemic might be here to stay. So what digital payment options does your business have in place?

15.01.2022 One of the big lessons of 2020 has been the need to have a robust business continuity plan in place. This learning has become all the more pertinent in light of the fast-moving nature of lockdown restrictions, which can change from one week to the next. Nobody could have expected this chain of events that 2020 has thrown at us so far, and here's why planning in business - even for the unexpected - is always a good idea.

15.01.2022 #WorldMentalHealthDay, which was on the 10th October 2020, gave the opportunity for us all to reflect on what a difficult and unprecedented year #2020 has been. It's also important though, to focus on #mentalhealth in the long term. It’s estimated that 45 percent of Australians will experience a mental health condition in their lifetime, with the most common being anxiety and depression. So maybe spend some time reflecting on what your #business can do for its employees, an...d the community at large, to be part of this conversation. #Xero has compiled some tools and resources available in your region:

15.01.2022 Industrial relations changes have been critical in helping small business employers keep their doors open and staff on their payroll throughout the pandemic. Now that JobKeeper is being extended for another six months, Employsure, Australia’s largest workplace relations advisor, are welcoming an extension to the IR changes, so that business owners can keep people in work and aid the recovery of the Australian economy...

15.01.2022 It’s been a gruelling year for Australia’s small business fraternity. Now, with the October Federal Budget looming large, small businesses are expecting some major incentives to get the wheels turning again in their business as part of a broader economic push. Here’s a rundown of what small business operators are hoping to see in the Federal Budget, to be handed down in Parliament on 6 October.

14.01.2022 The trades and construction sector is gearing up for an economic boost in the second half of this year as the Government’s HomeBuilder stimulus and other targeted initiatives begin to take effect. Here's how to make sure you get paid faster to keep your cash flowing!

14.01.2022 If this year has taught us anything, it’s that we can never be sure what’s around the next corner. Practices need to be prepared for whatever the future may bring. But preparing for an unknown future is a marathon, not a sprint. Xero has put together a list of lessons from their small business community that can help future-proof your business during COVID-19 and beyond.

13.01.2022 Very eventful morning spent with great business minds. #firstclassaccountsbalgownie #firstclassaccounts #bxnetworking

11.01.2022 #Jobkeeper and #Jobmaker have presented some solutions for the #workforce impacted by #COVID19, but what about the #business community? The Government has recently updated measures to help #businesses that have a #commericallease. This includes temporary holds on evictions and a mandatory #CodeOfConduct for commercial tenancies to support #SMEs affected. The code and its principles will be implemented and regulated by your relevant state or territory, you can check them here:

09.01.2022 If you're just starting up your #smallbusiness or are already established it's important to consider (or reconsider) a great marketing strategy. It can come at a cost though so if you're looking at some #smallbudget ideas for your #marketing strategy #AntHillOnline have got you covered.

09.01.2022 What will the workplace of the future actually look like..?

07.01.2022 Some changes happen seemingly overnight, others snap into place after months and years of progress. When we look back on 2020, it will almost seem like both kinds of change happened at once; so have our usual metrics of a productive worker changed forever?

07.01.2022 In these tough economic times, small businesses will live and die by their ability to adapt to new conditions. So what lessons can we learn from the sectors that are continuing to sell?

06.01.2022 MYOB has a great breakdown on what JobKeeper 2.0 means for sole traders. Your Bookkeeper is always here to answer your questions as well!

05.01.2022 Here's a great story if you need an inspiring business podcast to listen to!

04.01.2022 Do you pay attention to #GoogleReviews as part of your business strategy? As a consumer do you consider those same kind of reviews when deciding to use a product or business? They have great value to your business as it's a great tool to build trust with your customer. Google reviews also improve your #SEO ranking which makes you more visible to the right people.

04.01.2022 No-one, and particularly time-strapped #businessowners, want to spend their #Xmas holidays chasing invoices. We all want to use our time to get products on (and quickly off) the shelves so we can kick back and relax over the Xmas week with mulled wine and warm mince pies. So how can you make the best of your time during this important #shopping holiday? ... Well, optimising your payroll is where you need to start: See more

04.01.2022 During #COVID the ATO took a soft approach (read completely stopped) debt collection and audit activity but all signs point to a #2021 reinstatement of #BusinessAsUsual. History tells us that when the #ATO look at taking a stronger stance on debt, their target will always be #smallbusiness. Are your books in order?

03.01.2022 "Busy, so busy! It’s the default response for many of us when asked how we’re doing. But more often than not, come the end of the day, we have little to show for all of that busy-ness. However, being time-poor is usually a reflection of being decision poor. Here are ten high-quality decisions you could be making to not only get from time poor to time rich, but get more meaningful work done.