Starting a Micro Business
Starting a micro business can be an exciting and rewarding endeavour. It can also be a lot of hard work and the reality is that most small businesses fail. Often…
Christmas Ideas for Small Business
Define your strategy and set targetsThis obviously depends on you business. What is the revenue you want to aim for? What are the costs to you to do that? There…
Tips and Best Practices for Tracking Business Expenses for Small Businesses
Running a small business requires careful financial management and one of the cornerstones of sound financial practices is effective expense tracking and categorisation. By maintaining a clear and organised record…
What are the four types of business structures in Australia?
In Australia, there are four primary business structures: sole trader, partnership, company, and trust. Each structure has distinct characteristics, advantages, and disadvantages. Here's a comparison of the key differences among…
Use Facebook’s new Threads app for your business right now
Unless you have been living under a rock, you have probably heard about the new social messaging app Threads. Introduced by Facebook (or Meta as it likes to be called…
Get your business ready for the next financial year
Review and update your business plan! What do you want to do and how do you intend to do it? The 2023/2024 financial year is going to be challenging. You…
Should I enrol into Pay As You Go (PAYGI) instalments
Pay As You Go (PAYG) instalments is a system that allows individuals and businesses to pay their income tax in instalments throughout the year where the income coming in is…
Setting up online accounting software
Setting up and running online accounting software for a small business can be a great way to streamline financial processes, save time, and improve accuracy. It can make keeping the…
Cyber security and micro businesses
A micro business in Australia is usually taken to mean a business of 1 to 4 people. That might be a single sole trader or a boss and a couple…
Search Engine Optimisation for small business
Do a search in Google for a product or service that your business provides. But make sure that you are doing it in an “incognito” or “private” page (Google knows…