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End of financial year is approaching fast. Here is how a business can prepare?

End of financial year is approaching fast. Here is how a business can prepare?

EOFY is the 30th June and it is nearly arrived. Here are 10 tips on how to prepare your business accounts for the end of the financial year.   Reconcile your wages and PAYG for the year. Take the time to review your employee contracts and awards. Enter termination dates and make any employees that […]

Focusing on your business when there are so many distractions

Focusing on your business when there are so many distractions

It can be tough keeping up the focus on your business when there are so many distractions in front of you.  Family, health and of course your business can suffer with the noise going on around you, especially in these current times.  When times are tough and there is so much going on. Stop, Reset [...]
Thinking of franchising your business- 10 steps to doing this successfully.

Thinking of franchising your business- 10 steps to doing this successfully.

Franchising can be an excellent way of growing your business rapidly and earning a good return. It can also be a pathway for ultimately exiting your business and leaving it in the capable hands of franchisees. Here, we’ll outline ten steps to successfully franchise your business with a view to leaving it behind at some […]

What are the advantages of buying an existing business

What are the advantages of buying an existing business

If you’re looking impartially and unemotionally at the options ahead when starting your own business, you have to admit simply buying one already in operation is incredibly appealing. Not only do you get experienced staff and an existing customer base, you also get established premises, a well-known brand and a network of suppliers thrown into […]

Business guidance and advice where do you go

Business guidance and advice where do you go

Most business owners receive plenty of well-intentioned advice and ‘helpful opinion’ from family and friends. However, good business advice spoken from commercial experience is another matter entirely. That’s not to say it’s hard to find, but finding a reputable source in the Internet age is sometimes less than straightforward – especially if you have a […]

Cross-selling and upselling techniques to increase your sales

Cross-selling and upselling techniques to increase your sales

Both cross-selling and upselling can be useful methods for increasing your business’s sales. But there are also genuine benefits for your customers. They’ll appreciate being offered an item that either complements or adds value to their original purchase. The art of cross-selling Cross-selling is the art of convincing your customers to buy a complimentary item […]

How to handle debt so you always get paid on time?

How to handle debt so you always get paid on time?

If your customers owe you money, the faster you’re able to obtain it using effective collection tactics, the better. Ideally, you want to reduce the chance of bad debts and pressure on your business’s cash flow. It can be easy to neglect managing your debtors when you’re busy growing your business, but smart credit control [...]