Business Advice
Should You Buy A Holiday Home?
Buying a Holiday Home So, you loved the holiday, the location, watching the kids run free, uninhibited of mobile devices, the relaxed atmosphere was amazing and now you’re thinking about buying a holiday home. ‘What if we buy one’. ‘We can have this all year round, worry free’. Does this sound like you? If…
Read MoreFlow Charts Budgets And Staff
What does a Flow chart do for your business? Flow charts in business are a great tool for providing an overall picture of the separate steps involved in a sequential order. Elements of the flowchart can include, sales processing, order fulfilment, shipping, sequences of actions, inputs and outputs of services and materials, decisions to be…
Read MorePositives And Negatives Of Negative Gearing
Property Investment with Negative Gearing Property investment with negative gearing involves discipline, longevity and an understanding of risks. Thinking about buying an investment and using your mortgage as the gearing tool to fund an investment? There are pros and cons to the method of negative gearing. When the market is good the returns are good,…
Read MoreTips To Increase Value In Your Business For Future Sale
How to start planning for the sale of your business Increase the value in your business for sale, at some point in the future. At some point most business owners will consider retiring or moving on to a new career, therefore careful planning should be put in place to ensure your business is as appealing…
Read MoreSolutions For Common Business Problems
Plan and Relieve Uncertainty Uncertainty in the market place creates the need to focus on the present, neglecting the future needs and growth of the business. Therefore it’s important to balance short term goals with a long term approach. Short term results are just that and a business does not survive the long haul without…
Read MoreHow To Use Your Businesses Terms and Conditions To Your Advantage
What are your businesses terms and conditions? Here is some advice on business terms and conditions. For example, 60 day terms has been a growing trend for several years now and one that should be approached with caution. Ideally, 60 day terms, should be provided to those clients who have proven to be responsible with your…
Read MoreHow To Build Great Customer Relationships.
Are your customer relationships solid? Some advice about building better customer relationships and why to make it integral to your business. Treat people the way you want to be treated! A motto many of us live by. So put yourself in the shoes of your customers. Would you be happy with the service, relationship…
Read MoreBuilders Tax Obligations
Taxable payments annual report. Taxable payments in the building and construction industry. Since 1st July 2012 businesses in the building and construction industry have been obligated to report to the tax office the total payments made to contractors for the financial year by submitting a ‘Taxable payments annual report’. Businesses in the building and…
Read More5 Tips for Small Business on Business Debtors
Do you follow up overdue accounts? Tip 1: It always amazes me as to how many people neglect to review their businesses debtors list and chase up any overdue invoices. If you’re a one man/woman show so to speak, then you will know that sending out and following up on invoices is time consuming, especially…
Read MoreDesktop Accounting
A Comparative Analysis of MYOB, Reckon, Quickbooks and Xero There’s little doubt that desktop accounting has held an important place in the accounting industry over the last 10 to 15 years; however, just as the arrival of desktop accounting systems signaled the end for the beloved old “shoebox” accounting style, the new kids on the…
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