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16-Apr-2019 PracticePlus

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How much does your employee really cost?

Do you know that the wages you pay your employee is not all that your employee costs?

16-Apr-2019 PracticePlus

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Time Management 101

You understand the phrase, “Time is money” better when you are in the labour market.

14-Apr-2019 PracticePlus

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Tax Season: 4 ways to make tax season less painful.

Tax Day is just right around the corner

14-Apr-2019 PracticePlus

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Why you should advertise on Facebook

Facebook started in 2005 as a small networking site at Harvard University.

11-Apr-2019

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Is your organisation contributing superannuation guarantee on leave loading for staff?

The Australian Taxation Office (ATO) has recently updated its website regarding the application of the superannuation guarantee to annual leave loading.

10-Apr-2019 Xero

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Why real-time business intelligence needs automated bookkeeping

What is really happening in the life of our small business?

09-Apr-2019 Entrepreneur

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These 5 body language secrets could put you on the road to a million dollars

There’s a reason “The Room Where It Happens” is one of Broadway hit Hamilton’s standout songs: the track’s theme -- longing to be included among key decision-makers in the place in which decisions are made -- is timeless.

08-Apr-2019 Xero

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A new bank feeds process – simpler, faster, and more secure

Bank feeds are a core component of Xero, giving you an up to date view of your cash position so you know how your business is performing.

08-Apr-2019 Entrepreneur

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How to use strategic partnerships for more explosive growth

If it’s going to survive, a startup needs to grow.

08-Apr-2019

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How the Budget may affect Small Business Owners

This year’s Federal Budget is an ‘election budget’ with future tax cuts for all Australians, especially low and middle income earners. Overall, there were minimal changes to super proposed in the Budget, with minor changes to super contributions for older Australians.

07-Apr-2019 HubPages

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Encouraging new ideas and innovation in the workplace

In today’s competitive environment, businesses can survive and thrive when managers or owners implement measures that encourage their employees to share new ideas and innovations to improve the workplace. As a temp administrative assistant, I have observed many innovations that work - and don't work- on the job.

07-Apr-2019 HubPages

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Read this to help you become a better business leader

TIP: All leaders that are good need to focus on days to come. You have to know what's next and how to prepare for it.

Make it a point to look for hidden talent in your teammates. It should be easy to determine who benefits you the most, when you are looking for helpers.

07-Apr-2019 Xero

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The Accounting Business Expo 2019: Your roadmap for moving down the advisory path

As part of the Beautiful Business Talks hosted by Xero at this year’s Accounting Business Expo, I was given the opportunity to present on how accountants and bookkeepers can provide advisory services to their clients.

19-Mar-2019 PracticePlus

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Tips and Tricks on How to Gain Customer Satisfaction


When it comes to businesses and the publicity they involve, losing one customer can cause a chain reaction that makes you lose several other customers; existing and potential.

19-Mar-2019 PracticePlus

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Why is SEO crucial to surviving online?

The concept of search engine optimisation (SEO) is literally everywhere. It is so important now, and every webmaster needs its knowledge, so content marketing is as effective as it is supposed to be.

17-Mar-2019 PracticePlus

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Benefits of Advertising on Instagram

Benefits have evolved. Once upon a time, “word-of-mouth” adverts was what worked, later on, if you couldn’t get your business to be on the television or radio, you were not dreaming big enough.

17-Mar-2019 PracticePlus

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What Is All The Hype About SSL Certificates?

Ever heard about SSL Certificates?

You probably have.

11-Mar-2019 entrepreneur

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5 Qualities of Successful Entrepreneurs

So you didn’t follow the Elon Musk path of creating a computer game at age 12 or cold-calling a corporate banking maven to snag a paying internship? You can still become a compelling, talked-about entrepreneur if you follow a few best practices.

11-Mar-2019 copyblogger

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7 steps to becoming a better thinker

When was the last time you stopped to think?
I mean really stopped.

To think.

11-Mar-2019 readwrite

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8 Major Legal Risks Faced By Startups

One of the biggest mistakes made by new business owners is not to engage startup legal services to handle possible issues for their new venture.

11-Mar-2019 Xero

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Cash versus accrual accounting explained

The difference between cash basis and accrual basis accounting comes down to timing. When do you record revenue or expenses?

11-Mar-2019 readwrite

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Is a tech-based social credit score a good idea?

China is currently developing a kind of social credit system, not dissimilar to a financial credit system, designed to reward people for doing good deeds and demonstrating honesty and integrity while punishing people for committing untrustworthy acts.

11-Mar-2019 copyblogger

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The Irreplaceable Power of Paper

For hundreds of years, paper was the gold standard of written communication.
Anything you needed to record or remember, from love letters to receipts, was printed on paper.

11-Mar-2019 Xero

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What is accounts receivable and where can it go wrong?

Accounts receivable is the money you’re owed by customers. Once you send an invoice (or bill), it becomes part of your accounts receivable – until it’s paid.

19-Feb-2019

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Single Touch Payroll: What do you need to know as an employer

With Single Touch Payroll set to become mandatory for all employers in a matter of months, we're here to keep you updated updated on the latest developments and how to be compliant.

17-Feb-2019 PracticePlus

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The Basic Requirements & Challenges for a Small Business

Starting up a small business is no easy feat. It requires a great deal of vision and effort. Every small business is unique, and so, it comes with its peculiar rise and falls.

14-Feb-2019 PracticePlus

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Brand Loyalty: How you can keep customers coming back

A business does not exist in the absence of customers. Implying that every company needs to have customers flocking around; new or existing. This is the exact reason why several brands keep thinking of new ways to expand their customer base.

14-Feb-2019 PracticePlus

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Leadership qualities and how you can improve them

There’s always “that” leader everyone looks up to; people want to talk like them, act like them, sound like them, and above all, have the privileges they have. However, it is important to realise that with great opportunity comes great responsibility. Every leader has qualities in them that make them stand out from followers. Yet, many followers have the abilities to become a leader.

14-Feb-2019 PracticePlus

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The benefits of advertising on Twitter

Up until recently, Twitter advertising has been a redundant marketing channel in place of the giants like Facebook, Instagram, and Pinterest.

11-Feb-2019

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New Year, New Scam

The Australian Taxation Office (ATO) is warning taxpayers to be alert for scammers impersonating the ATO, as they change tactics in 2019.

10-Feb-2019 CorpNet.com

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Five Marketing Ideas to Grow Your Business When Stuck in a Seasonal Rut

Does your business surge at specific times of the year, and lag in others? That’s typical for most professionals—there are certain times of the year when business is booming and other times when it is lacking. While it may be nice to have a break to catch up on those must-do administrative tasks, wouldn’t it be better to have steady business all year long? Of course, it would! So let’s take a look at some marketing ideas to grow your business and keep your clients engaged even during the off-season.

07-Feb-2019 copyblogger

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5 Key moves to help you become gainfully self-employed

I was tired of spending my days staring miserably at mind-numbing spreadsheets and desperately wishing for our systems to crash so I could go home early.

07-Feb-2019 Xero

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Profitability and cash flow trends for tradies

Cash flow is a critical component of small business success. This is especially true if you run a trade business. Your ability to purchase tools and supplies, pay staff, and keep your vehicles running relies on having cash in the bank.

06-Feb-2019 msghero

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Here are 10 signs that your business is ready for a chatbot.

In this blog post – we explore the top 10 signs that your business is ready for (and will benefit from) a Messenger chatbot!

Messenger marketing is a rather new concept when it comes to business and that’s really exciting, but it can also be a little bit intimidating or maybe a little bit scary. So, if you’re like most business owners, who are a bit intrigued by the idea of chatbots and Messenger marketing, but you’re just not sure if it will work for you, this is the video that you need to watch.

06-Feb-2019 copyblogger

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What Elephants, Rats, and Apex Predators Can Teach Us about Creating Durable Businesses

There is a tendency in nature for apex species to get larger and larger. But there is a counterbalance where nature has a tendency of making larger species extinct quickly. This is also true in business: the bigger the business, the more fragile it becomes.

06-Feb-2019

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You Don’t Have Weaknesses, Just Overdone Strengths

The theory of overdone strengths

05-Feb-2019

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Is your business ready for single touch payroll?

Single touch payroll is a change to the way businesses report their employees' tax and superannuation information to the ATO. From July 1, it will be mandatory for all businesses to use an electronic payroll program that enables their business to electronically report payroll information.

23-Jan-2019

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3 Ecommerce Trends You Must Prepare for in 2019

The ecommerce explosion continues, but there's also an element of evolution. To take your ecommerce presence to the next level, take advantage of these emerging trends.

23-Jan-2019 Practiceplus

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Facebook Chatbot Marketing - Yay or Nay?

Times have changed. While more users always have their heads bent, busy with their phones; it does not imply that users are busy checking their news feed on Facebook. Instant messaging is the order of the day. Almost every social media app has a corresponding messenger application/option. So does Facebook.

23-Jan-2019 Practiceplus

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Video Ads On Facebook, Do They Work?

Video Ads are more than mere trends on Facebook and far more than a feature that is sure to come and go. If you’ve been active on Facebook, the tendency is to have seen video ads on the site for different brands/companies.

20-Jan-2019 PracticePlus

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Tips on How to Run a Successful Business In 2019

2019 is here! It’s a new year; not just for individuals, but for businesses and corporations alike. This is what makes the beginning of the year a great time to work something new in your business; a time to set goals.

20-Jan-2019 PracticePlus

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Your Website Needs a Spring Clean Too

Not everyone loves spring; however, the idea of a spring clean is well-embraced. It allows a house look new and clean. It also prevents the individual and entire family from suffering several diseases that come with having a dirty home.

If your home (which is only accessible to the few people you know) gets a spring clean so easily, your website (which is accessible to thousands of people) deserves a spring clean too

16-Jan-2019

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10 Remote Work Trends That Will Dominate 2019

Remote work is no longer a privilege. It’s become the standard operating mode for at least 50% of the U.S. population. Virtual retreats are no longer attributed solely to progressive startups. Traditional employers are finally on-board and ready to propose a flexible work arrangement higher up the pipeline.

16-Jan-2019 Xero

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Introducing bills to mobile

One of the great things about you as Xero users is how openly you reach out with feedback and requests for new features. We take the time to read and understand all feedback we receive. What really stood out to us this time (with around 200 requests coming through last year) was the overwhelming need for bills support in the Xero mobile app.

14-Jan-2019

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12 Easy Things Small Business Owners Can Do to Start the New Year Off Right

We’ve just rung in 2019. What can you do to get this new year off to a good start? Here are a dozen ideas. You may not need to implement all of them, so choose the ones that will help you the most—and get going!

14-Jan-2019

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4 Ways Social Listening Can Inform Your Marketing Strategy

Have you harnessed social listening?
As I peruse trends for 2019, I see a lot about listening on social. And I have to chuckle … how is this trendy or new?!
In any case, if part of your marketing strategy involves social media it should also involve social listening.
Here are four easy ways using listening on social media can inform your marketing strategy.

14-Jan-2019 Xero

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Game of Phones: 5 great apps for entrepreneurs

We check our phones about 85 times a day. Chances are, you’re reading this on one right now – or it won’t be long till you check it again. A staggering 70% of internet traffic now comes from mobile devices.

14-Jan-2019

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Understanding and Preventing Construction Injuries

Falls from height (FFH) are the leading causes of serious and fatal injuries for construction workers. Almost all of these injuries and fatalities were preventable. There are many different factors that increase the risk of FFH injuries. Getting a understanding of these issues is key to preventing FFH injuries. As a result of identifying the types of hazards and learning how to safely address these hazards on your current jobs will allow you to get lower rates on General Liability Insurance and Workers Compensation Insurance.

17-Dec-2018 PracticePlus

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Increasing benefits of Cloud Computing

In this era where a lot of activities are digital, no individual or organization wants their information lost. People also want to have access to their information; especially at the point of their needs. Therefore, one thing of increasing importance is the issue of accessible data storage.

16-Dec-2018

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7 steps to brilliant job and staff scheduling

Effective job scheduling is one of the most important but least understood disciplines of business management.

16-Dec-2018 Workflow Max

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Security is everyone's responsibility

For most of us the internet is an intrinsic part of our lives. We rely on it to get us where we are going, connect us to friends and family and answer all of our questions, no matter how banal. It has also quickly become an integral part of most businesses, enabling them to complete business transactions in mere minutes as well as connect to their customers and a global network.

16-Dec-2018 Neto

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Why you should take UX seriously

UX (User Experience) is at the heart of every good design. It’s the difference between your customers groaning in wretched frustration, or grinning with enjoyment; with them shaking a defeated fist at your site and hastily clicking away from it, or completing a satisfying purchase and wanting to return for more.

12-Dec-2018 PracticePlus

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Christmas celebrations: avoiding Fringe Benefits Tax

It’s Christmas season again, a season to be jolly and a season of giving! Every employer is probably on a quest to appreciate employees for a job well done all year round, and also to provide incentives to help secure great performances from them in advance, for the coming year.

10-Dec-2018 Xero

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Five important business negotiation strategies

Business negotiation is a world of contradictions. You’ve got to be firm but flexible open and sharing, but a little cagey. There’s a lot to get your head around. But your state of mind might be the most important thing. Aim for a mutually beneficial outcome, and you’ll find the whole exercise more comfortable. Follow these five tips to prepare for your next negotiation.

10-Dec-2018 Xero

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How to make price quotes work for you

When a customer asks you for a quote, they're giving you a golden opportunity. With the right response, you can close the deal quickly and win new business. Here's how to make the most of price quotes.

10-Dec-2018 Xero

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Make a mobile office work for your business

Offices used to be essential for most businesses. But mobile technology and new working practices mean that many small businesses don't need any office space. Here's what you need to know about having a mobile office.

10-Dec-2018

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Why thinking negatively isn't always a bad thing

Contrary to what you've always been told, thinking negatively can very much be a good thing.

29-Nov-2018

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Shutting down over Christmas and New Year?

The end of 2018 is fast approaching. It's time to start thinking about what happens over Christmas and New Year. Many businesses shut down or run on skeleton staff over the holiday period. In this blog, find out how this affects pay and leave.

18-Nov-2018 Schaefer Marketing Solutions

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Influencer Marketing For Small Businesses And Startups

Some benefits of social media and content marketing are normally inaccessible for small businesses and startups because:

18-Nov-2018 Xero

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Make Small Business Accounting Fun

Owning a small business is exciting. You get to do what you love, day in, day out. But traditionally, small business accounting isn’t exciting. So how can we change this stereotype and make accounting fun and easy?

15-Nov-2018 business.gov.au

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$20,000 instant asset write-off extended

The $20,000 instant asset write-off threshold has been extended to 30 June 2019. This means you can continue to claim the cost of new or second-hand assets that are less than the threshold of $20,000.

15-Nov-2018 readwrite

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4 Email Personalization Tactics That Are Sure to Get Clicks

Email is a notoriously fickle channel. Something as simple as tweaking the subject line can be the difference between an 8 percent or an 80 percent open rate.

15-Nov-2018 WorkflowMax

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Are you being data smart with your smartphone?

A few weeks ago, the new shiny iPhone XS entered the market. For all the Apple lovers out there, this might mean being the first to wrap your hands around the irresistibly smooth all-glass design, or finally upgrading your old glitchy iPhone 6 to the new model.

If this is you, I’m guessing you’re focused on the opportunity to start afresh, buy a new case, clear all those apps cluttering your current device, and start playing with its new features. Right?

15-Nov-2018 Xero

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Construction accounting basics

Construction is unlike any other business. Building projects can last for months or even years – and you might be both an employer and a contractor. So how do you learn the basics of construction accounting?

15-Nov-2018 business.gov.au

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GST and BAS tips for running a successful business

Successful businesses spend that little bit of extra time on record keeping and getting their tax right, including preparing and lodging business activity statements (BAS). Once set up and organised, you’ll save time in the long run.

15-Nov-2018 Socially Sorted

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How Customers Engage With Social Media Video: 8 Things You Need To Know

Want to peek into the mind of your ideal customer and find out how they engage with social media video? How they are interacting with brands via video? How are they purchasing?

Take a seat, because in this post we break down exactly how customers are watching social media video and more importantly, how they are purchasing from video.

And it’s all based on data and research, so you can start using this intel now, to get results in your business.

15-Nov-2018 Entrepreneurs' Organization

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It's About Time

We equate being busy as being virtuous. When we’re maxed out, it feels safe. It must be productive. (Or is it?) It’s a badge of courage, honor or something …

15-Nov-2018 Xero

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Understanding Cloud Computing

Cloud computing got you perplexed? You’re not alone. Most of us talk about ‘the cloud’ without even realising what it really means. We’re clearing the air on cloud computing and how it can benefit your small business.

18-Oct-2018

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Accurate Inventory Forecasting, No Crystal Ball Needed

Anticipating future demand is a tough job, wrought with ways you might go wrong. Proper demand forecasting and inventory control can save a company from buying too much or too little of something, which of course avoids expensive overstock scenarios or stockouts.

18-Oct-2018

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Aussie businesses get over $3.5m to launch their innovative idea into global markets

Offers for grants worth over $3.5 million will support 7 businesses to help launch their innovative products, processes and services into domestic and international markets.

The funding has been provided from the Accelerating Commercialisation element of the Entrepreneurs’ Programme.

18-Oct-2018 Vend

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Crafting Your Mobile Strategy: How Retailers Can Go Mobile and Increase Sales

We no longer need studies to tell us: Smartphones are almost everywhere. Most of the customers coming through your doors have a mobile device with them. And these devices aren’t always shoved in pockets or bags — shoppers are using them while they’re in store too.

18-Oct-2018

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Creating a business without debtors

There’s literally hundreds of blog posts giving you the 7-10 steps to reduce debtors and improve cashflow. Yet the debtors problem still exists to some extent in the majority of small and medium size enterprises (SMEs) globally.

18-Oct-2018

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Customer-centric banking innovation in Asia

Over 100 accounting/bookkeeping, marketplace and banking partners across Asia joined us in Brisbane this year to attend Xerocon, the most innovative conference for cloud leaders in Asia, Australia and New Zealand.

18-Oct-2018

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Debt Collection: The Whys & When

Too often businesses leave collecting debts at the bottom of the pile. Why? Often there is anxiety and worry around the process, or lack of trust in collection agencies. Sometimes lack of time and understanding of the process.

18-Oct-2018

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If You Don’t Got the Time, You Don’t Got the Money

Clichés. Can’t live with them, can’t live without them. (See what just happened there—it’s that bad).

The most widespread, just-waiting-to-pop-out-at-you, cliché is a very short one, measuring just three words—time is money.

18-Oct-2018

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Make your business's homepage stand out!

The homepage is the most important page of your business’s website. It is the virtual shop front to your business, providing your customers a first impression of what you have to offer. You only have seconds to grab your customer’s attention so it is key to make sure that they can find what they’re looking for quickly and easily.

18-Oct-2018

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Tips for managing seasonal workers

During the Christmas holiday season, businesses of many types employ seasonal or casual workers to meet extra demands. Often these workers are hard-working young people who have travelled from overseas, bringing with them their own language and culture. This international melting-pot makes for a fun and productive work environment, although it can also present challenges.

11-Oct-2018

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Two-Step Authentication to Keep your Data Safe

Is your data protected? New regulations for the transfer of data and software security have certainly brought this to front of mind, and not without frustration. This year has seen a significant increase in all things data security, and we all have no choice but to comply.

03-Oct-2018

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Tax deductions for small business owners

Tax time is fast approaching—it’s important to do your homework and know exactly what tax deductions you can claim.

03-Oct-2018

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What does Single Touch Payroll mean for you?

Single Touch Payroll – the term has been thrown around a bit in the last few months, but what does STP mean for you?

07-Sep-2018

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A reflection on farming in recent times

It has been said that “farmers are the only ones in our economy who buy everything at retail, sell everything at wholesale and pay the freight both ways”…

06-Sep-2018

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Emergency Drought Relief – some practical tips

Welcomed by many, criticised by others, the reality is that some government relief is available for many of our farmers affected by drought. Many ag providers, including YBM, are offering face-to-face assistance with claims, so be sure to access this if you need it.

06-Aug-2018

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Are you eligible for a Drought Transport Subsidy?

Applications are now open for Drought Transport Subsidies and YBM would love to help you.

19-Jul-2018

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What you can and cant claim at tax time?

Are you looking for a new accountant? Are you wanting to understand what you can and can't claim?

19-Jul-2018

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Can you claim motor vehicle deductions?

Do you know if you're eligible to claim motor vehicle deductions in your income tax return? Kel Lech from our office steps you through the requirements to be able to claim this deduction.

23-Apr-2018 YBM

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RAA Reimbursements for YBM Farm Business Advice

In an effort to provide assistance to our farming clients, YBM have recently been in touch with RAA. Excitingly, we have found some subsidies available for business advice. Yes, subsidies, not just low interest loans!

06-Mar-2018

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$20,000 Instant Asset Write-Off Scheduled to Cease

Small businesses have until 30 June 2018 to utilise the instant asset write-off threshold of $20,000. The threshold, which has applied from 12 May 2015, is scheduled to reduce to $1,000 from 1 July 2018.

06-Mar-2018

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Rental Property Owners Lose Some Deductions

The “housing tax integrity” bill solidifies the government’s intention to deny all travel deductions relating to inspecting, maintaining, or collecting rent for a residential investment property. As well, second-hand plant and equipment that came with an investment property are now off the table as far as depreciation goes.

25-Oct-2017

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Second Bathurst Agribusiness Networking Event

Come and join us at this free event to meet with agribusiness professionals and farmers from Bathurst and District.

03-Oct-2017 BDO Australia

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Are you ready for Single Touch Payroll Reporting (STPR)?

This new Government initiative is designed to streamline business reporting obligations and will change the way employers report their tax and superannuation.

09-Aug-2017

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9 tax deductions you probably can't claim

Yes, there are some odd tax deductions available (handbags, anyone?) However, there are also a lot of myths and mistaken beliefs about what you can actually claim as deductions against your income.

12-Jul-2017

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What did I miss? 1 July changes

The new financial year typically brings a number of important changes for business, individuals and the economy as a whole. Below is a summary of the key things to remember from 1 July 2017:

10-Mar-2017

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Self Managed Super Fund Update Seminar

Do you understand the impact the new Super Legislation will have on your Superannuation Fund from 1 July 2017?

22-Feb-2017 ESS BASIP

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Debtors’ Days Outstanding “Silent Killer of Modern Business”

Australia is lagging the rest of the world in terms of late payments described as the “silent killer of modern business” by the Australian government’s Small Business Ombudsman, Kate Carnell late last year. (Australian Financial Review Article).

16-Jan-2017 Aspect Buyer's Agency

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Investment Strategy or Investment Product?

What’s the difference and why does it matter?

19-Sep-2016

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Bathurst Agribusiness Networking Event

Come and join us at this free event to meet with agribusiness professionals and farmers from Bathurst and District.

12-Sep-2016

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Superannuation - the Gender Gap is closing

The gap between men’s and women’s superannuation levels is closing, according to a new report released last week by the Australian Bureau of Statistics (ABS). But there is still some way to go.

11-Aug-2016

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Gumboots. Akubra. Tax Status?

Hobby farming is a lifestyle choice that has been around for years and looks like an option that, if anything, is on the increase.

And while it can be easy to poke fun at the success or otherwise of the average hobby farmer (like the old joke about their skills at growing blackberries and rabbits), for many the choice to embrace the rural idyll leads to a thirst for information about the taxation realities of owning a small country property.

11-Jul-2016

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Start the New Financial Year by building a Budget

A new financial year is like springtime for your business. Full of opportunities to breathe new life into existing processes and ways of thinking. We love this time of the year for new resolutions. Much better than in January when you’re battling post summer holiday blues.