Software, programs, applications, apps – they all mean the same thing and are basically the means to get computers to do what we want and make our lives easier. There are literally thousands of different software programs that you can use to help run your business better, so how do you choose the best apps?
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Mistakes made when starting out in business can be expensive to rectify later on. Existing business owners may also find the following tips useful. (1) Funding and Equity Decisions There are a number of ways to fund a new business including: Bootstrap (essentially, building a business from personal finances or from the operating revenues of
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In order to function effectively, it’s important that various members of staff within a business are able to work together and get along. But what happens when the team doesn’t function well? What can you, as a business leader, do to turn around a dysfunctional team? Here are some tips to help your low-performing teams
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If you’ve got a great idea for commencing a new small business, you’re probably pretty excited. But before you rush out and get started, there are some things you need to consider first. Do your research While you may think your new product or service is such a brilliant idea everyone will want to buy
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Small business owners constantly face a myriad of threats to their growth. We’ve taken some of the biggest threats and put together some ideas on how to overcome them. Calling in the experts when it’s too late Many business owners call in the help of their advisors such as bookkeeper or accountant when they are
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Getting someone’s name wrong is a mistake we’ve all made at some time but there are some errors it’s really important to avoid. In business, getting your cash flow estimate wrong could have serious consequences, even resulting in your business closing its doors. These are the cash flow errors you really can’t afford to make.
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While there are many benefits to cloud computing, and we are huge advocates of taking your business systems online, there are still a number of risks involved that all business owners should be aware of so they can minimise any potentially adverse actions. So what are the potential risks involved with cloud computing? Lack of
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Does moving your business systems to the cloud live up to the hype? There are numerous benefits to moving your business to the ‘cloud’. But what does it mean for your business? Here are the top 5 reasons for moving your enterprise to the cloud. Reduced costs Your business can save big bucks by moving
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Getting your business activity statement (BAS) right is pretty important: not only can your cash flow be affected if you don’t get the refunds you’re entitled to, the Australian Taxation Office (ATO) may even impose some hefty fines if you get it wrong. So what are the more common mistakes and how can you avoid
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According to the Australian Taxation Office (ATO) many small businesses fail due to poor record-keeping. Aside from the legal reasons, there are many financial reasons for making sure your books are in order. So, how does good record-keeping ensure your business stays on track? Every small business owner knows that record-keeping can be one of
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