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First Class Accounts

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22.01.2022 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

21.01.2022 #PSA for all #NSW #business owners. Penalties for #payroll #taxavoidance are set to rise five-fold (400%) as the @NSWGovernment looks to crack down on wage theft. NSW Minister for Finance and Small Business Damien Tudehope says It will allow Revenue NSW to name taxpayers who have avoided payroll tax on underpaid wages and will also allow Revenue NSW to disclose information to the Commonwealth Fair Work Ombudsman to assist in its wage theft investigations."

21.01.2022 In the past ten years, the gig economy has grown to become a rock-solid fixture in Australia’s workforce and it shows no sign of slowing. Here's what you need to know:

21.01.2022 This is a great event engine in the NDIS space!!

20.01.2022 #COVID is forcing many businesses to #pivot their #strategy, including determining whether or not to offer new products and create better experiences for their #audience. But how? How do you step outside your #comfortzone and allow yourself to think creatively, especially as a risk-averse small business? #BusinessChicks offer some great ideas in this piece on what it takes to transform your #business. From re-framing problems into opportunity to allowing space for collaborative creativity in your business this is a great short read:

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.

16.01.2022 #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:

14.01.2022 Owning a #smallbusiness earns you a wealth of #knowledge. Wealth that is not just limited to the business world, owning a business also helps you to develop as a human being. If you could give your younger self some advice, what would it be and why? #ROI #Investment #Passion #Risk

09.01.2022 Whether you're a #SoleTrader looking to improve your business finances or just starting out in #SmallBusiness, understanding #cashflow statements should be top of your priorities list. #MYOB covers all you need to know about cash flow statements and how to make the most of them for your business.

01.01.2022 #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 #commerciallease. 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: