Tag Archives: process
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Key Challenges for NDIS Providers
The Key Challenges for NDIS Providers Survey seeks feedback on the issues your business is facing and the challenges you have in overcoming these within your business. Common responses in previous surveys have included a lack of assistance with internal processes from government, inconsistent cash flow and spent more time on administration. Provide your feedback […]
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The Most Common Bookkeeping Challenges Faced by Small Businesses
How has running your business been like so far? Initially, you start small, find stable ground and then gradually, expand your business. The first phase, the development phase, is full of lessons – this is the time when you face the most challenges. And this is the right time to master your bookkeeping skills so […]
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When Should Small Businesses Turn to Accountants for Help?
Have you hired an accountant for your small business or do you manage payroll, invoices, taxes and other related operations all by yourself? If you want to optimise your finances and propel your growth, you should hire an accountant NOW. History shows many business owners delay working with professional accountants as much as they can. […]
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Accounting Trends for Current Times
Have you set up a proper accounting system? And more importantly, do you update your system along with times? Technology has completely changed communication, collaboration, financial management and so many other aspects of running a business. And technology continues to shape the trends in the accounting industry as well. Let’s take a look at the […]
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Organise Your Small Business Finances
Small businesses are often faced with one important question: how can finances be managed effectively? Unlike personal finances, there isn’t a single approach that can be applied to all the business entities out there. It all varies from business to business. Talk to an accounting firm and they’ll give you some guidance, helping you establish […]
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Small Business Accounting: Starting Up
Just established your business? Set up your accounting system yet? The earlier you get this done properly, the better it will be. A robust accounting system is absolutely essential for any business – big or small. It helps you keep track of your expenses, manage your finances and so much more. Bottom line, it’s all […]
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Small Business: Are You Managing Your Cash Flows Effectively?
Is your business doing well or are you struggling with your finances? In any case, effective cash flow management is essential – after all, it is your ticket to increasing revenues and business growth. But how do you start and from where? Here are some expert tips. Understand working capital Do you truly understand your […]
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Get the planning and monitoring right
Knowing what you want to achieve and when you are going to achieve it is critical to business. And this requires planning. What do you need to do? Firstly, identify what activities you will undertake and break these down into revenue earning or cost incurring ( or investment) and determine the time frames for each […]