What SMEs can learn from the military

There’s a lot that businesses can learn from the Defence Force, and no, it doesn’t involve running corporate boot camps or launching paperclip grenades in the office (although that might make for an interesting team-building exercise). So, while we don’t recommend turning your office into a battlefield, there are valuable lessons to be learned from…

The Crucial Importance of Ensuring Correct Employee Pay: A Look at National Employment Standards and the Fair Work Ombudsman

In any organisation, employees are the backbone that drives success and growth. As an employer, it is not only your responsibility to provide a supportive work environment but also to ensure that your employees are fairly compensated for their hard work. Correct employee pay is essential, not only for maintaining their motivation and morale but…

How multiple payment options improve cash flow

In summary, multiple payment options improve cash flow by increasing customer convenience, expediting payment processing, minimizing payment delays, expanding your global reach, reducing the risk of non-payment, and enabling opportunities for additional sales. By providing diverse payment options, you enhance the overall purchasing experience and create a more favourable cash flow environment for your business.

Why Using a BAS Agent is a benefit to your Business

Managing the financial aspects of a business can be a complex and time-consuming task. Bookkeeping and meeting tax obligations are vital but often overwhelming responsibilities for many business owners. While some entrepreneurs attempt to handle these tasks independently, enlisting the services of a BAS (Business Activity Statement) agent can bring numerous advantages. In this blog,…

Excel vs Accounting Software

While Excel can be a useful tool for basic bookkeeping and financial management, investing in dedicated accounting software offers several advantages that can greatly benefit your business. Here are some reasons why accounting software is recommended over relying solely on Excel: While Excel can be a starting point for small businesses with minimal transactions, investing…