Over the last 5 or so years the cloud computing has gone from being the new frontier to a common business practice. Everything from internet banking to sourcing your favorite recipe is now “on the cloud”. So the question is why has this occurred and what does it mean for your business? Firstly, lets define
On Tuesday 9 May, the Federal Government handed down its Budget for the 2017–18 financial year. According to Federal Treasurer Scott Morrison, this year’s Budget is founded on the principles of fairness, security and opportunity. Mr Morrison claims that the government’s proposed measures will raise almost $21 billion in revenue over the next four years,
The sharing economy is booming thanks to the far-reaching capability of the internet and the growing use of smart phones. While it might have started as a good way to get a little more cash and fun, people often are unaware that sharing their private home or car with strangers or doing the lawn for
“What’s the best accounting software for my business?” As accountants we’re asked that a lot. And for most small- and medium-sized businesses the answer is, without hesitation, Xero. Why? Because we think it’s the best accounting software currently available. And here are ten reasons why we keep recommending it to our clients. Easy to use
One of the biggest advantages of working with Xero and the cloud is having instant access to the information you need. Xero’s daily bank feeds provide access to the latest financial data as soon as it’s available. However, as a business owner you need more than just the standard Profit & Loss (P&L) and Balance
Starting a new business for the first time can be tough. You’ve always dreamed of making a living doing what you enjoy, and you expect to take the world by storm the moment they hear about your new venture. Unfortunately, reality doesn’t always work that way. Chances are the world won’t fall in love with
We have had a vast amount of enquiries in relation to the new immediate deduction amount of $20,000 that was introduced in the 2015/2016 budget. The 20K small business writeoff generous but you need to keep in mind that you need to meet the set conditions to take advantage of it.