Benefits Of Customer Loyalty Programs

Utilising a customer loyalty program often brings many benefits to a business, and is simple to put into action. In addition to providing satisfaction for regular customers, there are several other benefits a loyalty program can…  Read more

9 Reasons to Switch to Cloud Computing

Cloud computing is quickly becoming the norm for small businesses as storing information and using software hosted on the Internet allows for simple and accurate management of business finances. There are many other advantages to switching to a cloud…  Read more

Avoid These Costly Accounting Mistakes

In 2014 a survey of 500 small business owners was carried out, as to what they loved and hated most about owning their own business. The results found that, unsurprisingly, flexibility and feeling in control came out on…  Read more

Tips to Keep Your Business Finances in Order

If you’re like most small business owners, you are likely to spending a majority of your day managing the day to day operations, keeping your customers happy, and furthering your businesses growth. While spreadsheets, cash…  Read more

Why Bookkeeping is Crucial to Your Success

Keeping track of your expenses, purchases, sales and earnings is fundamental to the overall sustainability of your business. Effective bookkeeping produces the correct data you need to plan for the future, while also evaluating current practices.…  Read more

Use your Accounting Software to Boost Sales

If you think accounting software is only for tracking expenses and generating financial reports, then you’re losing an opportunity to improve your bottom line. By taking advantage of the insights provided by your software, you’ll benefit…  Read more

Insights from your Profit and Loss account

Typically the Profit and Loss account (now more correctly called a Statement of Financial Performance) is one of the easier – if not the easiest – financial document to understand by small business owners. It’s typically presented…  Read more

Bookkeeping Basics for Small Business Owners

Small business owners spend, on average, up to 10 hours each week recording, organising, and processing their financial transactions – everything from accounts receivable and payable, to employee payments, expense receipts and supplier invoices. While…  Read more

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