09
Mar 2015
The cash flow crisis (Infographic)
In any business cash is your lifeline, and part of maintaining a positive cash flow is by ensuring that you get paid what you are owed, on time, and in full. We know this is often easier said than done, so we’ve provided this useful infographic that highlights some staggering statistics to show you how much time and money you’re likely spending chasing debtors: If you’d like some assistance with managing
We recently wrote that a website, or any other kind of software (and this is especially applicable to your bookkeeping software) is best thought of as an investment in your business. And because it’s an investment, it’s best not to think in terms of simply driving the cost down to zero — as you would if it were simply a cost centre for your business — but instead to think in terms of
We recently wrote that a website, or any other kind of software (and this is especially applicable to your bookkeeping software) is best thought of as an investment in your business. And because it’s an investment, it’s best not to think in terms of simply driving the cost down to zero — as you would if it were simply a cost centre for your business — but instead to think in terms of
18
Feb 2015
How to forecast cash flow management problems
Cash flow is a critical factor to business success. Too little revenue coming in or too much going out will cause any organisation struggle to stay afloat. For those who operate a small business in Australia, future proofing your cash flow is a crucial consideration. Without this forethought, it is likely that your organisation could become one of the 51 per cent of businesses that cease trading within the first four
10
Feb 2015
Comparison: Cloud Accounting Software
More and more Australian restaurants are replacing traditional desktop accounting software with CrunchTime software. Here we will take a look at the top 3 solutions for small business.
10
Feb 2015
Comparison: Cloud Accounting Software
More and more Australian restaurants are replacing traditional desktop accounting software with CrunchTime software. Here we will take a look at the top 3 solutions for small business.
02
Feb 2015
Fuel tax credit rates have increased
Fuel tax credit rates have increased for eligible fuel acquired from 2 February 2015, due to a rise in the consumer price index (CPI). Rates are indexed twice a year in line with the CPI – generally on 1 February and 1 August. What you need to do If the team at Business Wise are responsible for managing your fuel tax credits, then you do not need to do anything
02
Feb 2015
Fuel tax credit rates have increased
Fuel tax credit rates have increased for eligible fuel acquired from 2 February 2015, due to a rise in the consumer price index (CPI). Rates are indexed twice a year in line with the CPI – generally on 1 February and 1 August. What you need to do If the team at Business Wise are responsible for managing your fuel tax credits, then you do not need to do anything
14
Jan 2015
Is My Data Really Secure with Xero?
Given recent global events in which sensitive financial data was stolen and according to these legal firm information security services, it’s no surprise that people are more aware than ever about the privacy and security of their information and are trying to use new reporting systems. One of the most commonly asked questions about the use of Xero for business bookkeeping is how risky is it. Believe it or not,
14
Jan 2015
Is My Data Really Secure with Xero?
Given recent global events in which sensitive financial data was stolen and according to these legal firm information security services, it’s no surprise that people are more aware than ever about the privacy and security of their information and are trying to use new reporting systems. One of the most commonly asked questions about the use of Xero for business bookkeeping is how risky is it. Believe it or not,