Are you ok?
Are you OK? I am checking in with all the business owners out there to see how you are going at the moment. It is a very tough economic climate at the moment and we are already starting to see businesses needing to close down because the business just isn't there or due to lockdowns. Another issue is not making enough income to cover the rent. How are you doing at the moment? I am a bookkeeper and I am helping small businesses at the moment to navigate this whole thing by mak
Keeping your cashflow strong in tough times
Small businesses are particularly vulnerable in tough economic times. When sales are slow, there are still overheads and salaries that need to be sorted. Pre-planning and being proactive can help you weather tighter economic periods and allow you to continue to thrive. Make sure you have a clear picture of your payroll, and any other planned expenses that will need to be accounted for. If there’s even a possibility that there could be a shortfall, it’s essential to meet this
Social distancing: Running effective online meetings
In unprecedented times, businesses must adapt to remain productive. If face-to-face meetings are a key part of your daily business operation, here are some tips to take your meetings online with minimal disruption. Find the best system for you. There's a range of free or low-cost platforms, including GoToMeeting, ezTalks, Join.me, Zoom, Google Hangouts, and TeamViewer. Before you choose one, consider: How many people generally attend your meetings? Do you require screen share
Scott Morrison unveils additional stimulus and support measures
Prime Minister, Scott Morrison has announced an additional stimulus package, taking the value of the total support to $189 billion. Acknowledging that the coronavirus pandemic may continue for some time and have long lasting impact on the livelihoods of Australians, the PM announced a raft of new support measures. Details of the new package: Support for businesses - eligible businesses and not-for-profits, with a turnover of under $50 millions and who are employers, will rece
Remote working: how to get your business ready
In a crisis, the ability for your staff to work remotely could, quite literally, be a lifesaver. But how do you set up your team to become remote workers? And what are the key considerations to think about when working remotely in the cloud? Key considerations of remote working 61% of global companies currently have some sort of remote working policy for their staff, according to a 2019 survey. But for remote working to be effective, your business needs to put some serious th
Staying Safe
Like you, we are monitoring the latest news on the coronavirus. We are committed to providing continued service and we will be keeping you up-to-date on any tax relief and stimulus packages that may be relevant in your business. What you should do in your business Minimising the spread of any illness at work is a good practice for your team and your customers. We recommend you communicate with staff and customers on how you are preparing. Like Infuenza, Covid-19 symptoms incl
Covid-19. Financial Support for Australian Businesses
Whatever your business, it’s likely that Covid-19 will be impacting you. You may be dealing with stock shortages, exporting issues, disrupted travel plans or a sales downturn due to tourist drop off. As the situation changes and develops across the world, it's important that businesses develop a workplace response to coronavirus. You’ll want to have a plan on how to look after or protect your staff, how to manage sick leave and self isolation plus consider issues around priva
Covid-19 Advice for Employers
The Covid-19 local and global situation is changing daily and the impact on business, and particularly employers is now a reality. Employers are facing unprecedented changes to the way of working, and many employers are having to do this with little or no preparation for such adversity. The Fair Work Ombudsman has updated their information on Coronavirus and Australian workplace laws to provide advice to employers on managing the situation. The advice is general in nature and
