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 […]
While most businesses have a basic financial function in place, many do not have access to the quality financial management information required to capitalise on opportunities, increase profitability, and mitigate risk:
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Salisbury’s Business Coaching Program has been […]
With the difficulties that small businesses are facing from the effects of the pandemic and natural disasters, business owners are increasingly having to put […]
But, the question is: How is sustainability specifically good for business?
What does sustainability in business mean?
Harvard Business Review defines sustainable business practises as those that:
at a minimum, do […]
Like sight-seeing (COVID-19 permitting these days), we plan where we’re going, what we’ll visit, where we’ll stay and, if we get side-tracked, how to navigate back to our original itinerary.
Planning a business is very similar in that you need to develop […]
More than ever, businesses need to understand and manage their finances to navigate the new terrain of 2021, not just to survive but thrive.
2020 lost some great companies, and the years to come will take more. So how […]
What is scenario planning?
A scenario is what we think might happen in the future based on certain assumptions. For example, we may ASSUME it will rain tomorrow and […]
Could the quality of your bookkeeping be putting you and your business at risk because you don’t know what you’re […]
These ideas will not apply to ALL businesses but perhaps there are some you can implement.
1. Get Better Vendor Payment Terms
Vendors are partners and are invested in […]
Agriculture Victoria
The Victorian Government through Agriculture Victoria of the Department of Jobs, Precincts and Regions (Agriculture Victoria) has established the On-Farm Drought Resilience Grant Program to assist eligible farm businesses to invest in on-farm drought preparedness and to seek business advice.
A grant of up to […]