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Getting started with e-Invoicing

Understanding e-Invoicing

Small businesses can now exchange invoices with trading partners through e-invoicing software.

e-Invoicing is a government-supported cloud-based innovation designed to help small businesses streamline their accounting work and get paid faster.

What is e-invoicing?

Currently, most businesses create an invoice and send the PDF via email, or use a word processor like Microsoft […]

eInvoicing and three ways it helps small business

Innovative small businesses are increasingly recognising the value of eInvoicing – the digital alternative to paper

Forget the papers piled in your outbox! Forget the PDF on your desktop!

The digital revolution is here

We’ve watched eInvoicing evolve into the critical customer tool it is for businesses today. Previously, electronic invoicing still required manual touchpoints. […]

Choosing your business structure

Choosing the best structure for your business can be difficult

There are numerous options, each with its own set of benefits and drawbacks

There are four commonly used business structures in Australia:

Sole trader Partnership Company Trust

It’s important to understand the responsibilities of each structure because the structure […]

eCommerce: Lowering traditional barriers and inspiring entrepreneurialism

eCommerce is lowering traditional barriers to entry for small businesses

Xero study says eCommerce is creating a new generation of profitable niche operations.

Xero surveyed 171 accountants and bookkeepers – with a collective clientele of about 6,000 small businesses – to learn how eCommerce was changing business ownership.

To participate in the study, advisors had […]

Managing Your Business in an Inflationary Environment

Many global businesses are facing increased costs.

This is not necessarily a new business challenge… but the COVID-19 pandemic is driving significant and unpredictable “price spikes”.

Let’s look at what business leaders should be thinking about in this environment.

First, what is driving these changes? 

Here are some of the important factors influencing the cost […]

Is Your Business Model Standing the Test of COVID-19?

Staying Current in Changing Times

In very simple terms, a business model refers to “the way a business makes money”.

Take a retailer, for example, who buys and displays products of interest to customers. By attracting people into their store, they sell those products and make a profit, provided the sales price exceeds the costs […]

The Power of Price

Or should we talk about Value?

If you’re a Bruce Springsteen fan, you might enjoy his song “The Price You Pay” (also covered by Emmylou Harris).

Roger Daltrey of the Who sings “The Price of Love” while Twisted Sister released “Pay the Price” in 1999. The Doobie Brothers contemplate life in “Too High a Price” while the Thompson Twins think […]

Practical Positivity

Stay safe. Do what you can with what you have. Control what’s in your control.

A framework to help business owners to see their situation through a different lens and move upward.

Help as many people as you can through this period with any spare resources you have, whether that’s time, money or love.

This […]

Breaking Old Habits to Drive Costs Down

Don’t get caught in old bad habits

Especially where you can quickly improve the bottom line

“Old habits die hard | Old soldiers just fade away | Old habits die hard | Harder than November rain”

Recognize the song? It’s called “Old Habits Die Hard” and the lyrics were written by Mick Jagger for the […]