Category Archive for: Accounting Services

What You Need To Be Skilled At Business

You have a great idea, an exciting marketing strategy, and enough resources to get started. Yet, do you know what are the skills needed to successfully run your business? Weighing your strengths and weaknesses You should evaluate yourself in terms of your strengths and weaknesses in order to know if you are fitted to own…

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Cash Flow Forecasting

Nowadays, one important element of a successful business is taking some time to sit back, think and plan carefully on your finances. A cash flow forecast is a simple business tool which is the most important way of handling your finances. BONUS: Click here to download your FREE copy of our Ready, Set Business! Guide…

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Your Record Keeping Requirements

Requirement by law It is necessary that you have a record keeping system in your business as it is required by law.  The ATO necessitates the keeping of business records: for five years after they are prepared, obtained or the transactions completed (whichever occurs later); and in English, or in a form that the ATO…

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Understanding Intellectual Property

Deciding your business name is a vital choice to make. It would be considered as an important asset if your business goes well. The goodwill you have built for years with your customers and suppliers may be affected if you lose your business name because of your failure to protect it. Business names can be…

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Occupational Health And Safety

Occupational health and safety (OHS) in the workplace is both a right and responsibility of every business owner. All businesses have the duty to ensure that employees, customers, volunteers, visitors and the public, who may be affected by the organisation’s activities remain safe at all times. It is important that you understand the laws regarding…

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How To Get A Business Loan

There are different types of business loans offered by banks and other creditors which you can choose from based on your business needs. Determine amount to borrow What type of financing are you going to use? Where will you borrow it from? You should answer these questions as well as remember that the financing method…

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Doing Effective Market Research

You’re working hard, spending time, effort, and money creating and developing your business only to find out an identical product or service, and worse, nobody wants to buy from you. How can you avoid this huge mistake? You cannot depend on the advice of your friends or relatives on what is a good product or…

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How To Make Your Business Stand Out From The Crowd

What makes you different from your competition? What makes your business stand out from others? Unique Selling Proposition Can you identify your Unique Selling Proposition (USP)? USP is what makes your business different and better than your other competitors.  This is the reason why people should make business with you and not from your competition.…

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8 Ways To Keep Your Customers Happy

The downfall for many businesses is that they don’t know how to keep customers. It seems that this is the pot of gold at the end of the rainbow but few firms find it. If you would realise how making your customers happy have a direct impact on your business, you will want to apply…

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Some Ideas On Setting The Optimum Price

One of the most important elements of starting up your business is setting the price of your products and services. It is not an easy task and there are no fixed rules to follow, however, there are some useful guidelines that may help you. Cover costs First of all, you have to ensure that the…

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