Blog

As the end of the financial year approaches, it’s a good time to review and evaluate your current business practices. You first need to get organised and make a plan for the new year. There…  Read more

The COVID-19 pandemic showed many companies that it is possible to continue operations while employees work remotely. Even as we return to a post-COVID normal, many companies and employees are continuing to do so, forgoing…  Read more

Preparing for tax season is really a year-round endeavour. Tip number one for small business owners (SMB) is to update financials on a monthly basis, using a streamlined software or cloud-based system. This way, come…  Read more

We cannot stress further the importance of properly managing your cash flow to ensure the smooth running of your business. After living through the COVID-19 lockdowns, we have come to realise that it is more…  Read more

Non payers are an unavoidable liability for most small businesses and can cause serious cash flow problems. Often, small business owners are baffled when facing the issue of non payment – particularly is the customer…  Read more

Businesses usually incur two types of costs: variable and fixed. As a business owner, it’s important you understand the difference and what it means for your business. Variable Cost Variable costs are expenses that differ…  Read more

If you’ve just started working with Xero, it is normal to make a few mistakes while you’re learning. We see mistakes that are quite common – and unfortunately costly – so you should be aware…  Read more

When it comes to the overall success of your business, one of the most important decisions you’ll face is how to price for the work you do. Charge too much and you could scare away…  Read more

If your business doesn’t prioritise volunteering for a good cause, here’s why you should. Giving back does more than make a difference in your community. Participating in charitable activities can have a positive impact on…  Read more

New business owners have a lot on their plate, and can easily lose track of an approaching tax deadline or financial data needed to submit their return. Organisation is key when preparing for tax time.…  Read more