Blog

Cloud computing and web-based apps have undoubtedly improved business efficiency. But once you and your team start using various online apps, one aspect quickly becomes inefficient (not to mention downright annoying): having to repeatedly enter usernames and passwords...

Whenever you mention the word ‘budget’, most people get a feeling of dread. Similar to the word ‘diet’, budget conjures up images of deprivation, scarcity and discipline. As a result, many business owners and managers try to postpone putting their budget together and,...

Having an efficient and effective debt collection process in place in vital to ensure your business’ cash flow remains healthy. There are a number of recommendations ACCC and ASIC have made to help business owners remedy any debt collection issues. There are also a...

Most modern home loans come with a redraw facility and/or a mortgage offset account so you might be wondering what the difference is and which is the most tax effective mortgage type. With a redraw facility you can make additional payments to reduce the outstanding...

Tired of paying rent to a lazy landlord and watching your friends become homeowners, you crunch the numbers and figure out you can get a home loan at an interest rate of 3.7% per annum. After sifting through the auction results and doing your sums you calculate that...

If you are running a business, regardless of size, you should have structured and documented exit plans in place to ensure that the entity continues to exist and thrive beyond the time frame where the current management or owners are involved. The process...

Any successful business that has been around for some time has, at its core, a framework of planning. Annual financial and business plans, long-term strategic plans, performance management plans and production plans all serve to place structure into daily operations....

While it might be tempting to just give up when your business is teetering on the edge of collapse, putting in the effort to turn things around is not only financially rewarding but can also be personally satisfying. Of course, each situation is different but there...

Recent research conducted by CBA has found that almost half (47%) of Australian business owners and management spent either no time or less than 2 hours per week on planning for their business to ensure ongoing success. Of those who were spending more than 2 hours a...

Technically speaking, if more than 30 percent of your pre-tax income goes towards paying your mortgage, you meet the common definition for being ‘mortgage-stressed’ – and it’s more common than you think! We take a look at how to avoid being a stressed homeowner....

A fall in interest rates is usually greeted with delight by homebuyers. The lower the interest rate the less the mortgage repayments on a particular house, right? Well, maybe. However, lower interest rates also mean borrowers can service a bigger loan. In a...

Small business owners have to wear many hats in order to run their enterprise, including that of marketer. However, because they aren’t necessarily trained in marketing, it’s easy for many people to be doing the wrong thing with their marketing efforts and wasting...