Accountants help keep your finances in order but bookkeepers play an important role too. So what’s the difference between a bookkeeper and an accountant? And how can a bookkeeper help you run your business? Bookkeepers and accountants are not the same If you’re a small business owner, you’ll be familiar with juggling several…
Tip Tuesday | 10 Step Checklist to Grow Your Business
Your business is up and running and you understand what works and what doesn’t. Now you’re ready to take a step back and be strategic about how – and when – to grow your business. 10 steps for business growth Seeing an opportunity for business growth can be exciting. But turning your big idea…
Blog: Instant Asset Write-Off to Increase Small Business Growth & Investment
The Government’s announcement to increase and extend the instant asset write-off is expected to stimulate small business growth and investment. According to business accounting software company, MYOB, 28 per cent of small businesses find cashflow a real pressure. “Anything that helps small business invest in the future of their business is something that should be…
Tip Tuesday: Accounting for Professional Services
Professional services companies have some unique challenges. With multiple clients and various different ways of billing, keeping track of income and expenses can be hard. So how do you manage your accounts? The challenges of professional service accounting The professional services industry is a broad one. It includes doctors, lawyers, accountants, architects, engineers and consultants.…
Tip Tuesday – How to Grow the Family Business
Running a family business and working with family members presents unique advantages, and unique challenges. If you’ve built up your own business, now might be the time to bring in other family members. Here’s how to avoid some of the pitfalls. The benefits of keeping it in the family It’s unusual to see…
