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Keep in control of your Xero purchases
22/01/19

Keep in control of your Xero purchases

Being in control of your bills, costs and purchases is key in promoting positive cash flow for your business – and keeping your finances in excellent shape. With Xero as your core financial management platform, you can easily see which bills need paying, when they’re due and how much money you have in the bank to pay them. Keeping track of your purchases The Xero Dashboard is the easiest way to keep track of your purchases and outstanding bills. All the key numbers are located here to h

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How do I clearly define my target market?
16/01/19

How do I clearly define my target market?

Firstly, we must ask what does it mean to define a target market? From the moment you came up with your business idea, you probably had a specific customer in mind. When you tweak your service or product, you do it with them in mind. When you write your promos, you highlight the features that will interest them most and use language they understand. This is a great way to think. It gives focus to everything you do, but you’re probably making a lot of assumptions about what your target cu

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Starting a new business? Let’s make a plan!
08/01/19

Starting a new business? Let’s make a plan!

‘Fail to plan, plan to fail’, as the saying goes. If you’re going to create an effective, successful and profitable business, you need to create a solid strategic plan. Your business plan is the route map that defines your goals, explains your strategy and gives real direction to the everyday running of your company. So what should you include in your plan? To create a truly robust and meaningful plan, here’s 5 key elements you must include: 1   Outline your vision Explain W

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How to plan for a holiday from your business!
27/12/18

How to plan for a holiday from your business!

Whether you are heading into the summer holidays, or just planning to take a break (and congratulations because a healthy business means work-life balance), it is important to keep your cash flow under control. This means pre-planning and being proactive. When you are not in the office, there are still overheads and wages that need to be paid. If taking time off means that less cash will be coming in, it is essential to plan for this period to ensure that there are sufficient funds to cover a

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New Year, New Opportunities, New You!
21/12/18

New Year, New Opportunities, New You!

Whether it’s a new focus, a new venture or a new year, consciously recognising the process required to change can vastly improve your outcome. The Five A’s of Change breaks it down simply: 1.  Awareness First we must be aware of what needs to change. Perhaps we want to work smarter, not harder, so we can have more family time and better financial returns.  2.  ACCEPTANCE We have to accept that in order to work smarter we will need to do things differently. There is no magic bullet.

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7 knockout reasons why you should be using Xero and not MYOB!
20/12/18

7 knockout reasons why you should be using Xero and not MYOB!

1.  Mobile App Xero’s mobile app is intuitive, fast and responsive. MYOB is clunky and has an inconvenient user interface. 2. Invoicing Xero offers customisable invoices that can track recipients to see whether invoices have been viewed or paid. MYOB only has customisable invoices available in the premium package. 3. Employee Login Xero offers the most simplified process for payroll, allowing staff to enter timesheets, request leave and view their payslips in all packages. MYO

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