Review of your business structure: A critical factor in the long-term strategy. 

When you started the business, you may have decided to set up a business structure, whether it be a company, trust, partnership or trading under your name.  The decision to choose a particular structure would have been based on numerous reasons, to name some possible reasons;  As advised by an accountant  Your franchisor needed a particular structure  Your licensing body required a particular structure (Builder’s licensing body)  No advice was taken but…  Read more

Four tips to being an amazing public speaker

When you own a business, any time you speak in public you’re representing your company. That’s a lot of pressure, especially when you consider that most people are already nervous about speaking in front of people. There’s no magic cure for fear of public speaking but there are some things you can do to feel more confident, comfortable and natural in the spotlight while drawing your audience in. Tell a…  Read more

Can a Virtual Assistant Help Your Business?

When you run a small business you likely want to spend as much time as possible on the tasks that make money for your business. Unfortunately, there are many day-to-day chores that require your time but aren’t necessarily worth your energy. Faced with those errands, many small business owners either spend their valuable time and energy on chores they hate or put them off until the last minute. That’s where…  Read more

Do you know your break-even point?

All business owners need to be aware of their break-even point — that is, the number of units they need to sell in order to cover their operating costs. Once you’ve reached your break-even point, it’s time to celebrate: your business is no longer in the red, and you are officially earning a profit. This article will show you how to calculate your break-even point so you can make wise…  Read more

4 Tips for Getting Your Business Through Tough Times

If you’re a small business owner whose company hasn’t gone through hard times, that’s great but it’s likely to happen at some point. As much as we dream about being brilliant enough at business that we’ll never face slow times, there are many things beyond our control that can negatively affect our business. Here are four tips for getting your business through difficult periods so you can look forward to…  Read more

“S” in ENVISOR program – Standardisation

Our vision statement is “We believe in facilitating small business owners peace of mind through great advice and tools to exceed life goals”. To constantly meet and exceed reaching this vision, we engage with small business to automate repeatable tasks and encourage to have a value-adding conversation with the accountant. In our pursuit of automation, we believe in cloud technology and its enormous value that brings to your business by largely removing repeatable tasks.…  Read more

Single touch payroll law passed: Is your business ready?

Parliament has now passed legislation to extend STP reporting to include all small employers (those with fewer than 20 employees) from 1 July 2019. STP is payday reporting by employers to the ATO as it happens, this reporting having started on 1 July 2018 for large employers (20 or more employees). This will have a lasting effect on your business, to name a few; Employees will gain more visibility as…  Read more

4 questions you should ask your accountant

Ideally, you and your accountant are more than just “adviser” and “client”. With your combined skills, expertise, and shared mission to support a thriving business, you’re more like strategic partners. The key to achieving success in any partnership is, of course, strong communication. At your next meeting, be sure to ask your accountant these four important questions. 1. What’s my best strategy for increasing revenue? Every business owner strives to…  Read more

Main Causes of Stress for Business Owners & How to Counter Them

Many entrepreneurs believe that hard work and dogged determination are all it takes to build and sustain a successful business. But when you consider the pressures of running a company, it seems wise to add effective stress-management to the list. Left unchecked, stress can erode your passion and undermine performance – not to mention, take a serious toll on your health. Research compiled by Office Vibe reveals that over 70%…  Read more

8 Common Problems New Freelancers Face

Freelancers in all industries deal with the same problems due to the nature of their work.  Typically, freelancers are solo work-from-home contractors that manage every aspect of their business.  If you’re thinking of dropping your career as an employee to begin freelancing, consider the following obstacles you will need to navigate.  Unfortunately, problems beget more problems, and a shaky foundation quickly leads to a crumbly business, and many regrets about…  Read more

Planning the year ahead

The turn of the year usually prompts most people to think about some business planning for the year ahead. Here are some tips to make the planning more productive. Get your team involved Business planning works best when it’s a team effort. Involve your key staff and your advisors, such as your accountant, your mentor (if you have one), and others who can contribute meaningfully to the planning, such as…  Read more

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