Welcome to our blog, we're excited to have you here! we hope the business advice, success stories and case studies we share will help you on your entrepreneurial journey
The Impact of Lazy Retailing The start of 2020 has seen up to 170 stores earmarked for closure across Australia. The companies in question include: Harris Scarfe – closing 21 stores McWilliam’s Wines – run by the same family for 140 years went into voluntary administration EB Games – will close at […]
There are big changes afoot that will completely turn upside down how we currently process invoices. The ATO are working with the software industry to implement the internationally recognised standards of Pan-European Public Procurement On-Line (PEPPOL). Once implemented this will allow software systems to talk to each other. It won’t matter that you use […]
Christmas is fast approaching with only 6 Sundays until Christmas! Gift giving and Christmas parties are well underway and it is a good time to be aware of the most tax advantageous ways to be generous to staff and clients. The best gifts tax wise are ‘non-entertainment’ gifts such as wine, chocolate, hampers, skin care products, massage vouchers etc as these gifts are […]
Time is a precious, finite gift and it is something I think a lot about since having children; I seem to have less of it! I am constantly pushed and pulled by competing priorities and never feel as though I have enough time. Time is unlike money as we can’t make more of it and […]
It is possible to have a profitable business and cash flow problems. It is also possible to have an unprofitable business and no cash flow problems. Cash flow and profit are two different financial indicators and when operating a business you need to track both. Cash flow Cash flow is the money that flows […]
Chasing the Unprofitable Sale Google “how to increase sales” and there are about 924,000,000 results. Google “how to avoid an unprofitable sale” and there are about 2,340,000 results. Avoiding the unprofitable sale is just as important as increasing sales. Every business wants to grow but you don’t want to “grow broke”. Before embarking […]
The Real Cost of Free Shipping According to a UPS study, free shipping continues to be the most important factor driving customer satisfaction when checking out online (73%). Consumers are willing to pay a premium for faster delivery. For personal reasons, such as birthdays and holidays, 50% of consumers will pay for faster shipping. […]