For us and many of you, the internet is not just an intrinsic part of our lives, it’s integral to how we do business. We took time out last week to join Harwood Andrews Annual Law Breakfast to ensure we are well informed of how we can stay ahead of technology risks for Business Edge … Read more
Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and setting the groundwork for good habits. Understand your deductions Before you start, it’s essential to … Read more
Why are people losing sight of cash flow? Everyone knows a business needs to stay in the black. It’s not a new idea. So it can be hard to imagine why a business would lose sight of cash flow. Until you’re in business yourself and you realise tracking small business cash flow isn’t as easy … Read more
When you’re running a business, it’s easy to get caught up in the day-to-day activity and lose sight of the big picture. Taking stock of the health of your business is important. Knowing where you allow for more effective planning, early warning about any issues, and the chance to better chart a course for success. Attending … Read more
Overheads, let’s start the beginning, in accounting jargon, to define ‘overhead’ is to refer to ongoing business expenses that aren’t related to labour costs, materials costs, or third-party expenses billed directly to customers like shipping or freight. Overheads can is also sometimes known as ‘operating expenses’, but we’re not here to try an confuse you. … Read more
If you have opened your Xero chart of accounts and found a code called Owner A Drawings, and you are not sure what it is for or whether you should be using it, you are in the right place. It is one of the most common questions we get from business owners running their own … Read more
Did you know that every business has one thing in common? There are 10 departments in every business, no matter how small. These are: Shareholder. Director. Leadership. Product / Service Development. Operations. Marketing. Sales. Finance. Admin / IT. HR. Many business owners control multiple departments and where many if not all of them. Now imagine … Read more
Your small business has a great story to tell, so make it count now and in the future. If you are looking to employ a PR consultant to help drive media coverage, make sure you have done your groundwork for your best chance of success. Four questions to ask internally: 1. Have you nailed your … Read more
If it’s time to (start using/switch to more powerful) online payroll software, I recommend Xero payroll for many reasons. We have listed a few of the reasons below on why Xero Payroll makes for one of the best choices for running payroll in your business. Simplicity – With just a few clicks you can choose how … Read more
SEO or Search Engine Optimisation is the term used to describe a number techniques you can use to increase the visibility of your company online. SEO may involve some time invested, but it is worthwhile to increase traffic and enquiries through your website Why is SEO so important? The internet is now the first port … Read more
