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25.01.2022 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.

25.01.2022 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?

24.01.2022 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!

24.01.2022 The bookkeeper and #smallbusiness journey into the #digitalworld was sped up in #2020 so it was no longer optional to have a digital presence it became necessary for the survival of your #business? But it isn't just about capturing your clients, it's about delivering an entire, holistic #digitalexperience, so tell us, have your mystery shopped your own business to see what the customer is seeing?

24.01.2022 #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:

23.01.2022 Casual workers have borne the brunt of COVID-19 job losses and some have even been blamed for helping spread the disease within workplaces. So, does this mean we need wholesale reform of the employment system, or, outside of our pandemic circumstances, is the system largely working?

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.

20.01.2022 In 2019, one in two small business owners reported that they had to chase 40 % of their invoices. Maintaining positive cash flow is key to survival, so ensuring you get paid for services rendered is vital. Debt recovery can seem daunting, so here are three key steps small business owners should follow when looking to chase a payment.

19.01.2022 Here are some great tips on how to help out your fellow small business owners when you can't be there in person!

19.01.2022 #SmallBusiness success takes a village which is why it's important to consider outsourcing your #bookkeeping. It allows you to focus on what you're an expert on: your business and your #brand But what do bookkeepers actually do? Is it just transaction tracking? (The answer is no to that last question.)

19.01.2022 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...

19.01.2022 When is the right time for your business to grow? And how do you continue to deliver the same #customerexperience that people expect from your #brand as you grow? @BusinessDynamic #LetsTalk talks to 9 #CEO's about #riskmanagement, standing still in #business and achieving scale and stopping the cash burn. If you had the opportunity to ask a #CEO anything about business, what would you ask and why?

18.01.2022 "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.

18.01.2022 I’m spending so much time working IN my business, I don’t have time to work ON my business. Sound familiar? It’s one of the most common experiences of people running a business, and it’s being felt more than ever in 2020. Here are some tips on overcoming money fears and blocks and putting a continuity plan in place to achieve your long-term aspirations.

17.01.2022 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.

17.01.2022 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.

13.01.2022 #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:

13.01.2022 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

12.01.2022 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:

11.01.2022 #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."

11.01.2022 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?

10.01.2022 Tracking expenses is a crucial part of any small business’s financial and administrative governance. Here are three ways to simplify the process.

10.01.2022 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.

09.01.2022 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!

09.01.2022 JobKeeper keeps on iteratively morphing and reshaping as we roll through this pandemic of ours. It’s not exactly easy, even for the keen observer, to keep track of exactly what the deal is at any particular moment. Let’s comb through the most recent JobKeeper announcements and determine what it was, and where it currently stands.

08.01.2022 How did the #COVID19 #Pandemic affect you and your #business? It was unprecedented and what with the vastly changed operating environment, such as the continually changing government legislation, it's been hard to keep on top of it. Don't let #2021 get away from you, Intuit Quickbooks have compiled some excellent resources to help you stay on top of your #BASStatements and #planning, and to help you find ways to make your business efficient with the right tools.

08.01.2022 Hustle culture demands businesses to always be operating at full throttle, and the business owners almost never get a chance to take a step back and rethink the strategies by which their organisations are driven. But COVID-19 has given many Australian and New Zealand-based small businesses no choice but to reflect on the fundamental elements of their offerings and take their existing strategies back to the drawing board to come up with ways to improve.

07.01.2022 What will the workplace of the future actually look like..?

06.01.2022 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?

05.01.2022 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

05.01.2022 #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.

03.01.2022 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.

02.01.2022 In a #postcovid economy everyone is understandably anxious about their #spending habits and it's no different for #smallbusiness owners. Understanding your #cashflow, and defining what is truly important for your business, is key to getting through this difficult time.

02.01.2022 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.