by Tracy | Jul 25, 2024 | Business, Xero
Making time to look over your financial reports each month is an important task for any business owner. If you are not taking time to do this, either because you’re too busy, or perhaps you don’t really understand what you’re looking at and it doesn’t make sense to...
by Tracy | Jul 9, 2024 | Business
Productivity is a term associated with strong economies, robust businesses and the efficiency gains of clever staff. If only businesses were efficient, then we would have fewer of them failing, more employment and better incomes for owners and workers alike. In New...
by Tracy | Jul 8, 2024 | Business, News
How should I be pricing my product or service? We’ve all heard the stories about the person that worked in the retail store, misheard an instruction from the owner about pricing a clearance product, mistakenly priced it double and sold them all in a day. Pricing...
by Tracy | Jul 4, 2024 | Business, News
What makes my product or service attractive – my Value Proposition? Borrowing from the world of advertising, Rosser Reeves of US agency Ted Bates was the first to coin the single minded proposition phrase in his book Reality In Advertising back in 1961. He...
by Tracy | Jul 3, 2024 | Uncategorized
In this series, we will see how three questions for business success are approached and provide some practical tools and techniques for small business owners to answer them. Timeless Questions for Business Owners Since businesses have been in existence, these...
by Tracy | Jun 14, 2024 | Business, News
When you’re starting out as a small business owner, the temptation is to go DIY with your accounting. Hiring a professional accountant or tax adviser costs money and that’s an overhead that you can remove by doing all the financial management yourself, right? But is...
by Tracy | May 30, 2024 | News, Tax
Budget 2024 is here, and it’s packed with tax relief measures to help you keep more of what you earn. If you have children, you’ll see an average benefit of $78 per fortnight. In total, around 1.9 million households will benefit by $60 per fortnight on...
by Tracy | May 30, 2024 | Business, News
When you’re operating and managing a small business, you have a finite pot of cash to work with. Because of this, it’s incredibly important to manage your cash well and to have clear budgets and spending limits for every area of your business operations. Let’s take a...
by Tracy | May 20, 2024 | Uncategorized
If you received a Small Business Cashflow Loan (SBCS), is your repayment plan on track? The scheme was launched to assist eligible small-to-medium businesses adversely affected by COVID-19. A top-up loan allowed businesses that had already accessed a loan to draw down...
by Tracy | May 17, 2024 | News, Rental
Investing in rental properties can be a great way to grow your wealth over the long term. But it’s not a passive investment – you need to maintain your properties and take care of your tenants. You can do that work yourself, or you can employ a property manager who...