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Profitability
3 numbers you need to pay attention to in your business
When numbers are not your forte, reading financial statements can be overwhelming. However, it’s important not to shy away from this critical part of owning and running a business. Bad accounting is one of…
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Payroll
Hiring an employee for the first time?
Hiring an employee for the first time is an exciting time for any developing business. Here’s a comprehensive guide and a list of resources to help with this process. Contractor or employee? It is…
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Profitability
4 reasons to outsource bookkeeping
Make life easier: Outsource bookkeeping. Having accurate books is important because your the data in books is relied on for decision making. Bookkeeping is often handled by someone without accounting experience which can lead…
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Profitability
KPIs and metrics, what are they and should I care?
What are KPIs? KPI Stands for Key Performance Indicators. They are designed to help assess whether a business is on track to meeting its objectives. KPIs can be financial such as growth in revenue…
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Profitability
Choosing an online payment option
Most Australians are familiar with online shopping – whether it is purchasing concert tickets or ordering a book or phone charger online. A 2019 Roy Morgan publication shows that 1 in 10 Australians are…
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Cash Flow
Strategies to manage cash flow for construction companies
They say cash is king because it is the lifeline of every business. Positive cash flow helps a business grow and prosper. Without satisfactory cash flow, a business will inevitably fail and go broke….
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