A CFOs Guide to Massive Sales & Profit for Black Friday & Cyber Monday
A CFO plays a critical role in a business. They’re a ‘jack of all trades’ in a sense, with the ability to take and interpret financial data across your entire business, with a focus on one thing – How do we drive profit growth?. As we get closer to Black Friday and Cyber Monday, we’ve […]
Similarities and Differences Between a Bookkeeper and an Accountant
They both work with financial data; they’re both essential for managing a successful business. Yet the roles and duties of a bookkeeper and accountant rarely overlap. If you’re like many business owners, you may not be exactly sure of the differences between a bookkeeper and accountant – and whether you should hire one, or both. […]
The JobSaver Payment
NOTE: Changes to the grant have occurred since this article was written For those businesses who are in lockdown and experiencing a significant amount of stress and anxiety, there is cause to have hope, because JobSaver applications open from 26 July 2021 and close on 18 October 2021. While the name suggests the payment is […]
How much should accounting and bookkeeping cost?
For a new business owner, doing your own finances is not unusual in the beginning. But as your business starts to grow, wherein your financial needs and obligations become more complex, you need to consider hiring an accountant and bookkeeper.
The New Director ID Requirements
If you’re a director of a company, this is something you must read as these new changes directly impact you. From November 2021, the government will be introducing a Director ID, and will require directors to verify their identity as a part of these new requirements. The Director ID is a unique identified that a […]
How To Write A Business Plan – Your First Steps
Writing a business plan can be a daunting prospect. Business plans are long and complex documents written by entrepreneurs who have dreams of owning and scaling a business. Most business plans cover every aspect of a company’s operations, from the founding idea, to how the company will continue to operate and how it intends to […]
Business Analyst Job Description: What Exactly Do They Do?
A business analyst studies an organization or industry domain and records its business practices, processes, or organizational structure. Analyzing its relationship with technology, assessing the business models, or incorporating information technology. Business analysts can also work as marketing analysts, quality analysts, or management analysts. Most of the time, business analysts work at the conceptual level […]
Small Business Accounting – Keep the Accounting Cycle Running
We cannot overstate the importance of accounting in today’s competitive business environment. If you own or operate a small business, you are probably aware of the need to keep track of every single cent you make or spend. How Business Accounting Can Help Keeping track of your small business finances is crucial to the health […]
The 7 Deadly Sins that Business Owners Make
Running your own business is an amazingly rewarding and gratifying experience, if done correctly. The sad reality is that the small business failure rate is so high because owning and running a business is not done correctly. It’s no surprise that over 50% of businesses fail in the first 3 years, and while the statistic […]
How Can Planning Help the Business Become Profitable And Last Forever?
Planning is the first and most important step towards starting or furthering your business. Planning comes before the act of starting a business. It is crucial that you start planning early. There are many tools to help you plan effectively and there are experts who specialize in planning businesses. A lot of money and time […]