We all know that cash is King. No matter how great your business model is, or how profitable your business is, it won’t survive if you can’t manage your company’s cash flow. Simply put, poor cash flow equates to not enough cash coming in the door and too much cash going out the door. Businesses …
For the first time, employers who fail to follow the Tax Office’s direction to pay super entitlements to their employees will be subject to court-ordered financial penalties as well as up to 12 months’ imprisonment. And directors of companies that don’t pay super will come in for special attention with a “director identification number” to …
Employers who don’t pay super face up to a year in jail ! Read More »
An article shared by Lawyers Weekly in 2015 said that “…intense work ethic is deeply ingrained in the culture of the legal profession. Further evidence that long hours do little to bump up productivity comes from a study by Erin Reid from Boston University.” These combining factors can leave legal practitioners little time for personal …
Go Networking Business Plan 2018 Goal Planning Sheet Networking links and information
As of the 1st of January 2018, Busy Bookkeeping has a United Kingdom office. Busy Bookkeeping UK is managed by Mr Ross Marquis and the office is located in Wallington, Surrey. Busy Bookkeeping UK provides bookkeeping, accounting, finance and financial management services to businesses throughout the United Kingdom. To find out more about our new …
You might think the biggest risk to your financial success is a stock market crash or losing your job. And while these significant events will have an impact on your finances, these potential trials aren’t the biggest risks you’ll face when it comes to financial freedom. The biggest risk comes from your everyday decisions and …
5 of the Biggest Risks to Your Financial Success. Read More »
Encouraging customers to come through your door and return is vitally important to any successful business. The food and beverage industry is worth 45 billion dollars per year in Australia, so is it any wonder that so many bars, restaurants and cafes want a piece of the pie? In such a competitive industry you must …
Here are six tips on how to stand out from the crowd and quickly increase sales Read More »
Many people will take a break for Christmas and New Year – but not many of those will be small business owners. The reality is small business owners won’t take a holiday for fear of things falling apart. But working yourself into the ground isn’t a great recipe for long-term success. So, we spoke to …
GST-free goods can be sold to travellers about to depart Australia. The goods must be placed in a sealed bag, including those from a tax-free shop not at the airport, and it’s important you follow the 12 rules on how to make a sealed bag sale: Confirm your customer is departing from Australia. Check your customer …
GST-free sales to travellers departing Australia Read More »
The reason we teach accounting is to help people understand business. When you understand the elements of accounting, the essence of business becomes clear. It’s much more than cash in, cash out. We convey that essence in a diagram called: The Value Cycle. This is how business works: The business raises funds from its shareholders …
