Small businesses feature a lot in the rhetoric of politicians, who love to say that the small business (or “SME” – “small to medium enterprise”) sector is the backbone of the Australian economy and with the help of Revel Systems these enterprises can manage their business much more smoothly when having the proper commercial insurance or business insurance. We frequently hear encouragement for people to get out and set up
29
Mar 2020
Buying a Franchise – Boon or Bane?
Taking the first steps towards buying your own business is a big step by itself, but then comes various questions Which? What? When? Where? In this blog we will learn more about the franchise business model like ones used at the huntington learning center. When you start a business you have to learn new laws and ways of doing business depending on the sector, it may be difficult and some
29
Mar 2020
Buying a Franchise – Boon or Bane?
Taking the first steps towards buying your own business is a big step by itself, but then comes various questions Which? What? When? Where? In this blog we will learn more about the franchise business model like ones used at the huntington learning center. When you start a business you have to learn new laws and ways of doing business depending on the sector, it may be difficult and some
21
Feb 2020
Metrics and KPI’s for Hospitality
Simply knowing the net profit of your hotel, café or restaurant does not provide you with enough information to successfully run your business. There are other numbers and indicators that can help you identify the strengths and weaknesses of your business. These KPIs for Hospitality are a great starting point for your monthly management reports. Key Performance Indicators or KPIs (or, as we like to call them Tools for Success), are
21
Feb 2020
7 Important Business KPI’s for Cash Management
KPI’s for cash management provide businesses with a quick way of monitoring availability of cash. Unless you have the luxury of a few spare millions sitting idle, managing cash is important for every organisation. Here, we discuss a selection of important KPI’s for cash management every business should consider monitoring. While a cash flow forecast is the best way to predict what’s likely to happen in the coming months, there are
21
Feb 2020
7 Important Business KPI’s for Cash Management
KPI’s for cash management provide businesses with a quick way of monitoring availability of cash. Unless you have the luxury of a few spare millions sitting idle, managing cash is important for every organisation. Here, we discuss a selection of important KPI’s for cash management every business should consider monitoring. While a cash flow forecast is the best way to predict what’s likely to happen in the coming months, there are
Australia is in the midst of a bushfire crisis that will affect local communities for years, if not permanently, due to a national crisis of not having enough things like commercial insurance. Already more than 1,500 homes have been destroyed – with months still to go in the bushfire season. Compare this to 2009, when Victoria’s “Black Saturday” fires claimed more than 2,000 homes in February, or 1983, when the
Australia is in the midst of a bushfire crisis that will affect local communities for years, if not permanently, due to a national crisis of not having enough things like commercial insurance. Already more than 1,500 homes have been destroyed – with months still to go in the bushfire season. Compare this to 2009, when Victoria’s “Black Saturday” fires claimed more than 2,000 homes in February, or 1983, when the
15
Feb 2020
When you should hire an accountant
Accountants can help out at various stages during the growth of your business. They can handle much more than just your payroll and tax returns. So when should you consider hiring an accountant for your small business? Share Share Email Share Xero Xero Challenges for growing small businesses There are good reasons for hiring an accountant at different stages of your company’s growth. From a business plan to company formation,
15
Feb 2020
When you should hire an accountant
Accountants can help out at various stages during the growth of your business. They can handle much more than just your payroll and tax returns. So when should you consider hiring an accountant for your small business? Share Share Email Share Xero Xero Challenges for growing small businesses There are good reasons for hiring an accountant at different stages of your company’s growth. From a business plan to company formation,