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ATO shakes up businesses with Single Touch Payroll

At the recent Xero Roadshow, Trent Innes (Managing Director of Xero) kicked off his session with “Single Touch Payroll is set to be the biggest change to Australian businesses since GST“. This change has already been rolled out to the larger organisations as of last financial year. However there are small businesses, many of which…

The Times They Are a-Changing

In 1964 Bob Dylan released the song “The Times They Are a-changing” but I wonder if he ever gave thought to the speed to which some of these changes would occur or the fact that nothing is immune to change.

3 options for hiring business staff, and which one’s best for you

Thanks to the Internet and cloud-based applications, you can now hire staff from anywhere in the world. Not only that, you can also choose from a number of different hiring models. However, it’s important to choose a model that works not only for your new employee but also for your business. They all have their…

Does your business have its ‘dirty dishes’ piling up?

You’ve made the transition to the cloud. You’re using Xero as your new accounting system. You’re excited about the efficiencies your business is about to achieve. But guess what? The job is only half done. What do I mean by that? If you’re looking to really improve your business efficiency, there are a number of…

The Outsourcing Trend: A Fad Or Here To Stay?

Outsourcing has been gaining momentum globally in recent years. Yet often I hear business owners say they can’t afford to outsource aspects of their business but, when questioned, it becomes apparent that they have focused solely on the out-of-pocket costs without considering the benefits and overall cost-savings available to the business. Why outsource? Outsourcing is…

The Four Foundations of a Successful Business

It never ceases to amaze me how many business owners (and their highly-paid consultants) come up with grand plans to grow a business which never get implemented or succeed. In many cases this is due to the focus being on the interesting and exciting phases of the plan, without ensuring the basics are addressed.