Longer Lives, Shorter Cash
Since 1890, life expectancy has risen from around 45 years to about 85 in the U.K. Similar increases have been seen in populations worldwide. So, while living longer is now a given, the challenge many face is finding a way to make a living longer. “The idea of hitting a cliff-edge retirement at 65 and […]
Record keeping systems: digital or manual?
Just starting out in business and trying to decide whether or not to invest in record keeping software? It’s crucial to have a strong record keeping system so you can monitor the health of your business and quickly prepare financial statements. Digital record keeping systems: is usually carried out by accounting software that allows simplified […]
5 ways to improve your business cash flow
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 […]
Employers who don’t pay super face up to a year in jail !
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 […]
Will you make 2018 a productive year?
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 […]
ANNOUNCEMENT
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 […]
5 of the Biggest Risks to Your Financial Success.
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 […]
Here are six tips on how to stand out from the crowd and quickly increase sales
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 […]
Small business tips for stress free holidays.
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 sales to travellers departing Australia
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 […]