5 Xero add-ons that make your rostering, timesheets & payroll problems go away

Still using spreadsheets for rosters, timesheets, and payroll? The administrative load involved in efficiently rostering staff, preparing accurate timesheets, and ensuring that everyone is paid correctly can be a huge burden on a small business – especially if you are doing it all manually. If your business involves shift work or hourly work in hospitality, retail, healthcare, construction, security, or … Read More

Password manager apps: Why you could be a “hacker’s dream” without one

Cloud computing and web-based apps have undoubtedly improved business efficiency. But once you and your team start using various online apps, one aspect quickly becomes inefficient (not to mention downright annoying): having to repeatedly enter usernames and passwords to log in. It’s bad enough having to enter a multitude of login credentials when you first open the apps each morning. … Read More

Small business owners: How valuable is your business?

Thinking of selling? Or just curious to know the value of your business in case you do decide to put it on the market at some point? Many business owners are well-wide of the mark when placing a value on their prized asset. They overvalue it and under-prepare for their exit, believing in a huge potential for their business that … Read More

Managing receipts: How small businesses are banishing bookkeeping boredom

They say only two things are certain in life: death and taxes. For a lot of people, there’s also a third certainty in life: the pain of keeping track of every receipt when it’s time to do the taxes. How many times has your bookkeeper or finance manager asked you for a receipt (that you swore you stuffed somewhere in … Read More

4 apps to stop late payments affecting your business’ cash flow

Debtors and late-payers—the bane of every business owner. No matter how profitable your business is, it won’t survive without good cash flow. If you can’t pay your bills on time, you may end up trading while insolvent. And that’s not just bad business—that’s illegal. But to do that, you need your clients to pay their bills on time. And that’s … Read More

The 9 key steps to set up your SMSF correctly

Are you worried that your hard-earned money is not working hard enough for you? That your dream of your golden years spent on the golf course or with loved ones on the beach is fading fast? Think you can do a better job yourself – by managing your own super? You may be right. A Self-Managed Super Fund (SMSF) may … Read More

Managing receipts: 4 apps to save you wasting time on administrivia

They say only two things are certain in life: death and taxes. For a lot of people, there’s also a third certainty in life: the pain of keeping track of every receipt when it’s time to do the taxes. How many times has your bookkeeper or finance manager asked you for a receipt (that you swore you stuffed somewhere in … Read More

Unmasking liability: 6 signs that contractor is really your employee

In a lot of situations, hiring a contractor to get a particular job done makes perfect sense. It may require expertise or skills none of your employees has. You may only need someone for a short timeframe to clear a backlog of work. Or maybe you just want to avoid having to go through a formal recruitment process. But be … Read More