To generate a clear view of your business’ cash flow, first you need to make sure you’re capturing the right data in Xero.
And how we can use those lessons to be smarter moving forward. The text messages, DMs, and emails rapidly arrived, all of them expressing a similar concern: My finances are in trouble. In seemingly just a few weeks’ time, our world was turned upside down. A public health emergency raced around the globe, wreaking havoc on nations, cities and neighborhoods.…
Even if you work alone, the brand-enhancing ideas of others can help push you forward. Business is hurting across the globe. Supply chains have been disrupted. People are staying home. Many businesses that rely on traditional sources of revenue are not able to stay open. For solopreneurs, the pain can be even more acute. Recessions traditionally impact small businesses disproportionately, as we saw in 2008,…
To help, we’ve put together seven of the best tips and tricks to running a modern workplace that encourages employee participation and dials the perks of remote work up to 11. The modern workforce is increasingly remote, and that’s significantly changing the way teams and leadership interact, solve problems, and get the day’s work done. Trying to run remote work…
Here’s why you should keep planning as a cornerstone of your business processes. For some entrepreneurs, planning seems to be a waste of time — especially these days when we’re all living on uncertain times. But planning is an important part of a business process that you shouldn’t skip. As the famous saying goes, “if you fail to plan, you…
Not sure if outsourcing business tasks is worth your while? Here are some benefits of outsourcing your work. Many small business owners often do most of their business tasks by themselves. They act as inventory manager, customer support, accountant, and HR manager. While you can do anything, you shouldn’t do everything on your own! Maximize your time and effort…
I do remain my own boss. And this is worth taking the challenge!
Creating a budget for your small business doesn’t have to be a complicated process.
The rate of job losses as a result of the economic downturn has slowed down, with the number of Australians out of work suppressed to under a million, according to new figures from the Australian Bureau of Statistics.
In this short article we consider three of the Australian Government’s COVID-19 stimulus measures; JobKeeper, cash flow boost and access to super, and what you should be doing now.