Everyone makes mistakes from time to time, right? An error here or there is no big deal – except when it really is! When it comes to managing your payroll, there are some things you really can’t afford to get wrong. If you’re lucky, an error might just cost you time...
Let’s face it, end of year financial planning was never a fun task, but Covid has made it even more challenging! Your goalposts probably shifted at least a few times in the last 12 months, you may have debt to pay off, wage subsidies to factor in, or perhaps you’re...
The next financial year is fast approaching – and while it may not be as fun-filled as January’s New Year festivities, it’s still an important milestone for business owners. In spite of the challenges, your business has survived another rough year. And while you...
Did you know that people who work from home are more productive than those working in a conventional office environment? That’s what the research says, anyway. The reality, for many of us, is quite different. You may love the lack of commute, the convenience of a...
What’s the worst part about running a business? If your answer includes any financial tasks, you’re not alone. Bookkeeping, accounting and taxes are among the most hated business tasks, with 40% of small business owners categorising them as their number one peeve....
Do you have a vision for the future of your business? Have you thought about how you want things to look if everything goes to plan, and how your ideal business will unfold in the coming years? Many companies create vision statements to help them identify their goals...
Paying your staff is one of the most important tasks in your business. Getting it wrong is certainly almost unforgivable. With that in mind, it’s important to understand that running payroll isn’t as simple as paying your employees XX number of hours x $XX = Gross...
Working from home has many benefits: no commute, a fridge full of food nearby, and the chance to hang with your pets all day! Besides those perks, there are financial benefits, too. If you have a home office, you can claim a number of expenses at tax time....
Bookkeeping is one of the essential tasks you need to get right for your business. But that doesn’t mean it’s easy. If you try to rush through your bookkeeping or play it by ear, you are putting your business at risk. The figures and reports generated by...
If you are not a numbers person or are short on time, you may find it a total drag to keep up to date with your finances. That’s why outsourcing is a lifesaver for many business owners. Having someone else take care of the time-consuming day to day stuff means you can...
There are a good number of tasks we outsource from our personal lives on a regular basis. You’d be hard-pressed to find someone who routinely cuts their own hair, or does their own legal work. Even hairdressers will put down their tools and allow another hairdresser...
When it comes to business admin, some tasks are definitely more fun than others. Receipting money and working with clients you love are definitely tasks that top the list of good jobs. However, one task that commonly draws groans and is accompanied by a hefty helping...