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Xero makes getting loans simpler

Business Loans and how to apply

Applying for a business loan can be easy Need some extra cash to take your business to the next level, but daunted by the loan process? You’re not alone. There can be a lot of paperwork and number-crunching involved. Before you get started, remember that a bank wants your application to succeed as the interest you pay is a vital revenue stream to them. So it’s up to you to make their job easy by turning up …

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Every Ending had a Beginning

Your Succession Plan and where you should begin You’ll leave or sell your business someday, so how do you make sure it’s on the best possible terms? Here’s our advice… What is a succession plan? It’s a plan for the exit of yourself from your business, it’s where you will decide how and when you will exit and one of the most excruciating decisions – who will be your successor. Executing a well-thought-out succession plan can increase your …

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Key Elements to Business Growth

Business Growth and the Key Elements When you’re a small business it is vital that you step back to see the full picture of your business. Why do you ask? Stepping back will help you make informed decisions on what changes and improvements are needed to drive business growth and performance. Did you know that there is a range of tools that can assist you in this vital step? At Business Edge we use a range of …

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It’s not about the convenience, it’s about your security.

It’s not about the convenience, it’s about your security. Xero’s new two-step authentication Working with our clients recently there were a lot of questions around Xero’s introduction of two-step authentication (2SA) and how it’s another thing to do in your business. When talking this through with clients I explain how this is just another example of how serious Xero takes on their role as custodians of our data. In my eyes, this is just another example of why I love …

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The Evolution of the Modern Day Accountant

As an industry, we are going through a change in response to compliance automation, tax simplification and an increasing demand from clients for more proactive services.  So what does this mean for our clients at Business Edge Accountants? It means we are more focused on delivering business development services by getting up close and personal with our business clients to deliver more value to them and their businesses. The evolution in business development services is needed in three areas: …

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A faster way to get paid – with Xero invoicing

Xero online invoicing removes the limitations of using traditional paper invoices to get paid. Xero’s built-in online invoicing features let your business carry out the whole invoice process electronically. There are key tools for creating repeat invoices, taking online payments, tracking sales revenues and chasing up any late payments – all from inside Xero. Removing the hurdles to efficient invoicing The traditional way of raising invoices puts a whole bunch of hurdles in the way of your …

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Getting to know the Xero Dashboard

Getting to know the Xero DashboardThe Xero Dashboard is a one-stop hub for all your key financial information.The dashboard is where you’ll see what’s in your bank account, who’s paid your invoices, and which supplier bills are due for payment – all customisable to show you the important numbers and metrics you need to stay in control of your business accounts.The hub for your key numbersGetting to grips with your finances can be confusing. Xero’s approach is …

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You need a plan for your business!

‘Fail to plan, plan to fail’, as the saying goes. If you’re going to create an effective, successful and profitable business, you need to create a solid strategic plan Your business plan is the route map that defines your goals, explains your strategy and gives real direction to the everyday running of the company. So what should you include in your plan? 5 key elements to include in your business plan To create a truly robust and …

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We’re helping young people in need

The Business Edge team have been living, working and supporting the local people, businesses and community for over 25 years and we proudly sponsor various community and sporting groups. We are especially proud to join with Junction Support Services during Homelessness Week, 6-12 August, to assist young people in our community who are experiencing or at risk of homelessness. An award winning local not-for-profit organisation, Junction assisted more than 550 people of all ages who were experiencing …

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The Power of a Key Performance Indicator!

The Power of a Key Performance Indicator! So what is all the fuss about? What are they really? Why are Key Performance Indicators important in your business? If your nodding you are head in agreeance you’ll find your not alone, so many business owners out there are busy enough in doing the day to day tasks let alone reporting on ‘KPIs’! But if you’re frustrated by not getting the results you had hoped for, then setting KPIs might …

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