July 22, 2015

Hiring a Melbourne Bookkeeper: 3 Characteristics to Look for

There are a few things to look for in a Melbourne bookkeeper to ensure that you meet your financial objectives. Here are some of the most important factors to look out for: Accountability and Transparency Great bookkeepers make it easy for you to query entries, do a review and keep your books clean. When you find an efficient bookkeeper who understands the importance of transparency and accountability, you will spare yourself from having to sift through books that are in shambles or run off at the first indication of an audit.  When you do the legwork and find yourself a great Melbourne bookkeeper, you can sleep soundly at night knowing that everything is in order. Professional Association One indication of […]
July 20, 2015

Business Benefits of Hiring a Melbourne Bookkeeper

Finding solutions for the specific needs of your industry is something that a bookkeeper in Melbourne will be able to accomplish. Finding someone you can trust to achieve the near-term and the-long term goals of your business and that will help you understand all the complex figures of your own industry is the one of the first things that you need to do. For flexible, customised and quality bookkeeping services, Bookkeeper First is your top choice. Not only will you have the option to get off-site or on-site bookkeeping services, you will also be able to get recommendations about what is best for your business.  Once you book an appointment with Bookkeeper First in Melbourne, you will be able to […]
July 13, 2015

When Should You Receive Monthly Salary?

One option business owners’ have is to include themselves in the payroll system but they have to balance their pay with the financial needs of the business. Have you seriously discussed this with your Bookkeeper Melbourne? If business owner’ include themselves on the payroll they have to consider the following; How much they pay themselves either in payroll, dividends and loans . The amount of money they take. Will it be more than the highest paid employee, or an amount that will make them comfortable? When is the time to get the money out of the business? Will it be alright if they will not pay themselves? The following guide will be of help; Consider the income flow of your […]
July 10, 2015

5 Financial Tips for Small Business Owners

Small business owners especially starters finds it hard to survive in a highly competitive climate. Here are some tips to guide them to succeed. Budget your spending. There is a need to know how much money is needed to break even and how much to spend to run the business on a day to day basis. Separate your income into categories: -prospective income -fixed expenses -variable expenses -pay cheque allowance Identify what is a necessary expense as what you want. Wants are limitless. Don’t spend, Invest. Items that will give you long-term benefits will be a priority in spending hard-earned money. Always balance the cost against the benefits. See also that your expense will help in increasing the business or […]