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Jobkeeper: Fair or Unfair

In March 2020 the government introduced the JobKeeper payment scheme; a response intended to keep more Australians employed while supporting business owners affected by the current economic downturn due to the global pandemic. This was a great initiative introduced by the government however due to a strict set of guidelines on who is eligible for…

Get your Accounting System Sorted this Lockdown

I get it, you have more important things to do in your business than accounting right? While most people find doing their bookkeeping and accounting tiresome it is important to the overall health and wellbeing of your business. So, if you are using paper or excel and have been thinking of accounting softwares we’re here…

Automated Business Systems

Ask any small business owner what they need more of and the answer is always TIME! Running a small business is time consuming and there is often never enough of it. The second response is probably around cash flow. Small businesses need to operate on a lean budget and every dollar counts. So, what if…

accounting systems

Let’s Talk About Accounting Systems

 Ask any small business owner what they need more of and the answer is always TIME! Running a small business is time consuming and there is often never enough of it. The second response is probably around cash flow. Small businesses need to operate on a lean budget and every dollar counts. So what if…

accounting systems

More CoVID 19 stimulus measures for businesses

Less than 2 weeks after announcing a very generous stimulus package to both individuals and businesses the government has rolled out a second package that will operate in addition to the first package. The additional spend is equal to $66 billion across both households and businesses. This brings the total investment so far to $189…

COVID-19 Stimulus for Your Business

Last week the Federal Government released a stimulus package to help keep Australia’s economic head above water. While much of the stimulus package was focused on health resources (of course), there were also some big measures focused on economic stimulus, with small businesses getting a much needed boost in a few areas. In particular those…

Automation & Business

Ask any small business owner what they need more of and the answer is always TIME! Running a small business is time consuming and there is often never enough of it. The second response is probably around cash flow. Small businesses need to operate on a lean budget and every dollar counts. So what if…

The Importance of a VCFO in Your Business

If you thought that a CFO or Chief Finance Officer was just for the big companies, you were wrong. More and more small to medium sized businesses are bringing a CFO to the team.  Whether you want to become the CFO of your own business or are considering bringing a CFO on, we’ll give you…

VCFO

The Importance of Having Budgets in the Business

Budgets – Why do I need it and how do it do it?? A question we get asked several times.  Really do I need a budget. Well if we do not plan well, if we do not know where we want to go, chances are we are not running the business the way we wanted….

Single Touch Payroll – What Every Business Needs To Know!

From 1st July 2019 every small business in Australia that employs staff will need to change their reporting to the ATO. Previously the monies paid to employees were reported annually to the ATO, however, this new system known as Single Touch Payroll will enforce weekly reporting to the ATO. This commenced in 2018 for businesses…