Deciding when to raise your prices
Raising prices can feel risky. You may worry about losing loyal customers or damaging your reputation. But if your costs are rising, your services are expanding, or your margins are […]
Stay alert from ATO scams
Criminals are impersonating the ATO to steal identities, access bank accounts, and defraud Australians, often using highly convincing emails, SMS messages, and phone calls. There has been a dramatic increase […]
Raising equity capital
Equity capital involves selling a portion of your business in exchange for cash. It’s often ideal for startups or businesses in high-growth phases that need significant funding for expansion. There […]
ATO tax debt to become more expensive from July 2025
If you currently owe money to the ATO, it’s about to get more costly. From 1 July 2025, the two most common interest charges the ATO applies to late or […]
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Restructuring if cash stressed
Restructuring your business can feel like a daunting task, but in times of economic uncertainty or shifting markets, it can be the key to long-term success. The idea is to […]
Improving break-even
If you need to sell more items than expected to reach your break-even point, there are several steps you can take to lower that point. Step 1: Develop premium products […]
Impact of discounting
Be wary of discounting on a regular basis to gain sales. It can be a sound strategy if you are aiming to find new customers and sell loss leaders, or […]
Find and fix bottlenecks
Bottlenecks are the inefficiencies or constraints that slow down your operations, impacting everything from production and sales to customer satisfaction. These roadblocks hinder growth, making it difficult to scale your […]
Driving sales and revenue
Improving sales and revenue can resolve many business challenges. When more money comes in than goes out, your business stays solvent, giving you time to implement further improvements. Here are […]
Finding spare cash in your business
Many businesses encounter cash flow difficulties every year, particularly during growth phases when expenses often rise faster than revenue. There’s a need for effective cash flow management and securing additional […]
Protecting your business online
Whether you handle online payments, store customer data, operate remote teams, or rely on SaaS platforms to run your company, you’re exposed. From stolen credentials to ransomware, cybercrime can disrupt […]
How to strategically allocate resources for optimal growth
As a business owner, you understand that growth doesn’t just happen – it takes smart decisions, dedication, and a clear plan. One of the most critical decisions you’ll make is […]
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Strategies to future proof against inflation
High inflation affects both businesses and individuals, as rising prices reduce profitability and buying power. Staff shortages, freight challenges, and bad weather add more layers to the cost-of-living crisis. As […]
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Tactics to offset rising business costs
Responding to market forces outside your control is one of the trickier aspects of running a business, even more obvious today as world markets fluctuate. While you can’t always predict […]
Surviving supply chain disruption
Supply chains get disrupted all the time, and when they do, it can seem as if the wheels of commerce have seized up. You can’t get enough ingredients, components, supplies, […]
How to efficiently manage small business admin
Running a small business is exciting – but let’s be honest, managing the admin side of things can feel overwhelming. Between keeping financial records, looking after daily operations, and ensuring […]
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How much do I need to retire?
Imagine this – you’re sitting in a cosy café with your favourite latte, daydreaming about your perfect retirement. Is it beachside lounging? Surfing the dunes of Dubai? Or maybe living […]
Manage your inventory to boost your profits
Effective inventory management can mean the difference between a thriving, profitable business and one that struggles to make ends meet. By fine-tuning your inventory processes, you can reduce unnecessary costs, […]
How crowdfunding works
Are you an entrepreneur wondering how to fund your next big idea? Or maybe you’re an investor curious about tapping into the world of innovative startups? Crowdfunding could be the […]
Understanding the Roles: Bookkeeper or Accountant – Who Does What?
They both work with financial data; they’re both essential for managing a successful business. Yet the roles and duties of a bookkeeper and accountant rarely overlap. If you’re like many […]
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