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Category archive: small business

Bookkeeping tip: invoice promptly and regularly

bookkeeping_tips

If there’s one important bookkeeping tip that we always like to pass on to small business owners, it is to always make sure to stay on top of invoicing.   Put simply. If you don’t invoice regularly and promptly, you’re leaving your money on the table.   It’s tempting to put your invoicing off until later and gradually let it slide…

Are you using the right accounting software?

Are you using the right accounting software?

So how do you know if you’re using the right accounting software? The one that’s best suited to your business? There’s a lot to choose from and if you’re not an accountant or a bookkeeper it can be daunting to know what system you actually need.   The systems available today are powerful and sophisticated and while…

Small Business Bookkeeping Explained – Part 4

small_business_bookkeeping

Welcome to the fourth and final part of our small business bookkeeping explained blog series. These posts are aimed at explaining, in plain English, the most important aspects of small business bookkeeping.   Part 1 focused on BAS, part 2 was all about PAYG, part 3 looked at Tax Deductions, and today we’re diving into GST….

Small business bookkeeping explained – Part 3

bookkeeping_explained_3

Welcome to part 3 of our small business bookkeeping explained series. This series aims to explain, in plain English, the most important aspects of small business bookkeeping.   Part 1 focused on BAS, part 2 was all about PAYG, and today we’re looking at business Tax Deductions.   If you’re already breaking out in a…

The magic of cash flow forecasting

financial forecasting

  Lack of planning and control of cash resources is one of the most commonly sited reasons for failure for many small businesses in Australia. But good forecasting can help reduce your business risk, big time!   Much like a map helps you plan a long road trip, a financial forecast helps you control your…

12 ways bad bookkeeping can hurt your business

bookkeeping mistakes

If you have a small business then you know how critical good bookkeeping is to the success of your business. You’re probably also aware of just how confusing, tedious, and consuming it can be. But more than simply being an arduous task, if not done correctly, it can cause a great deal of strife down the track….

Make Xero bookkeeping mistakes – said no one ever

xero_march_savings

At Bookkeepers On Call, we love bookkeeping, we really do. But what we love even more, is helping our clients get a grip on their bookwork, uncover areas for improvement, and increase profits.   We hear so many people say they spend waaaay too much time on their bookwork, getting frustrated and frazzled, and not…

Launch your Big Idea!

big-idea-kook-results

Have a fabulous business idea but not quite sure how to turn it into a raving success?   Then don’t waste another moment … get onto this new Big Idea e-Course.   Big Idea is the brain child of my friend and colleague, Julianne Kuhlmann, owner and director of Kool Results, Executive Leadership and Coaching.   The Big Idea…

How to manage (and maximise) cash flow for your small business

managing cash flow

If you’re in business then you need to maximise cash flow, period. Having a solid understanding of your cash flow situation can help you uncover opportunities to help improve the running of your business.   Follow these useful tips to help you manage your cash flow and generate the maximum amount of cash in the…

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