Exercise can be incredibly beneficial for the body, but it’s also great for the mind. So what are you waiting for? Get moving! As small business owners it’s vital that you are not only healthy, but that your mind is sharp and focused. When it comes to exercise we all know the warm fuzzy feeling [...]
Taking ten minutes to do ‘nothing’ may seem like a luxury you can’t afford. But it’s essential when it comes to maintaining one of your greatest assets: your mind. The terms ‘meditation’ and ‘mindfulness’ might seem a bit hocus-pocus, but you’ve got to admit: we could all use some strategies to chill out from time-to-time. [...]
We all know that running a business means encountering some degree of risk, that doesn’t mean that the risks can’t be minimised however. Welcome to the world of risk management. A Risk Management Plan is exactly what it sounds like, a way to manage risk within your business. There are a number of different business [...]
Businesses become a success because it is something you love and therefore work hard at it. Unfortunately many people do not love the accounting/financial side of a business and yet this is absolutely crucial to your success when first starting up. There are three top tips for start ups, they are: Understand your financial story [...]
As with anything in life the saying goes “fail to plan, plan to fail’. If you want to create a successful and profitable business then you need to create a business plan. If you want to grow your business you'll need a Business Development Plan. What exactly is a business plan? It’s basically the road [...]
According to a MYOB Snapshot 80% of small business owners lose sleep at night. According to Natalie Feehan, Executive Group Marketing at MYOB, the first thing a business needs to operate well is a healthy owner. So what exactly did the research show? 91% of small business owners admitted stress from their business impacts other [...]
Single Touch Payroll (STP) started on 1st July 2018 for businesses employing 20 or more employees. Small employers with 5 to 20 employees will be required to start reporting any time from 1 July 2019 to 30 September 2019. The ATO has advised they will grant deferrals to any small employer who requests additional time [...]
