Bookkeeping Advice

November 28, 2016

Managing Your Mobile Business

Small business owners work hard and are often on the move. You may be out meeting clients, working on-site or travelling between jobs. If you have an office – at home or anywhere else – you probably don’t spend a lot of time in it. Mobile phones, tablets and laptops have made working on the go much easier. You can check messages and emails, manage appointments, update business social media accounts and use apps to create and share documents. But did you know you can also manage your accounts on the go? Mobile accounting apps let you manage expenses, send invoices and track your cash flow from anywhere. There’s no need to wait until you get back to the office […]

October 11, 2016

Benefits of Outsourcing Your Bookkeeping

The rise of the online community has changed the way in which we do business forever. It has brought us closer to people that can help with our day to day operations as well as backend business needs, enabling our businesses to run smoother and turn more profit. One of the key places that this has really made a difference for business owners is in bookkeeping. Bookkeeping is much like going to the dentist—no one really wants to take the time out to do it but neglecting the issue can lead to serious repercussions. For the most part, this is why business owners just want to hire someone to do it and not have to think about it themselves until […]

September 19, 2016

Bookkeeping Practices That Will Save You a Lot of Trouble

Melbourne provides a great business setting for entrepreneurs. The economy is strong, thanks to its huge and diverse population and its friendly affiliations with local and international communities. If you are thinking of setting up a business in this city or perhaps you already have one off the ground, then you understand the need for efficient bookkeeping. Bookkeeping may be a mundane task in business management but its importance cannot be undermined. Simply put, good bookkeeping practices enable steady cash flow and good relationships with your employees, customers, vendors and the ATO or Australian Taxation Office. The best way to make sure your financial records and transactions are organized and your system efficient is to hire a skilled accountant or […]

May 31, 2016

3 Things to Consider Before You Set Up a Small Business in Melbourne

Melbourne’s business environment takes pride in housing numerous multinational companies but it also beams with a vast number of small businesses. Many of which continue to flourish in this awesome city. After all, the place isn’t lacking in people with purchasing power. Owners of small businesses are aware, however, that this isn’t enough to score success. You need a concrete business plan to start with and constant effort to keep the business afloat. When setting up a small business in this bustling city, here are three things that should be in your priority list. A marketable service or product. It’s enticing to sell something that has little or no competition, but perhaps competition is scarce simply because the market sees […]