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May 22, 2017

3 Things You Aren’t Doing Right When Raising Business Funds

Melbourne start-ups face many challenges but perhaps nothing else in this list is more daunting to most founders than raising money. But what can you do, you need funds when you’re starting a business and possibly more when looking to expand. Most of the time, using personal savings isn’t an option and you’d rather ask from lenders or investors than from family and friends. Money, after all, can be a sensitive issue and you want to avoid that in your circle. In raising business funding, making sacrifices isn’t unusual – and so is making mistakes. However, if you are not open to fine-tuning your strategy, you will just find yourself back in rejection zone. Below are five of the most […]
July 27, 2015

Do You Invoice as an After Thought?

Now that you have taken control of your business, you may be considering hiring the services of a Melbourne bookkeeper. This is especially true if you have not exactly been issuing invoices as regularly or promptly as you should. Statements and invoices need to be regularly and promptly issued as soon as there have been goods delivered or work completed. This way, you will never miss sending an invoice. Whether you are starting a business or managing one that has been in operations for quite some time, it is about time you had a system in place to alert you for overdue invoices. This is true whether or not you have a Melbourne bookkeeper to advise you on the matter. […]
June 23, 2015

Important Considerations When Employing People

Considered as the best asset of any business are their employees so that recruitment and retaining the right people is necessary for the success of any business operations. For employees to create value and return on investment both the needs of the employees and the employer must be met. Employers’ should know their legal obligations along with strategies to develop the skills of their working force. Hiring People – A guide to hiring the right employees can be found on the FAIR WORK OMBUDSMAN’s which will help your workforce in getting started to be on the right tract. The guide covers the following: Know the Law– this section discusses wages, record-keeping, superannuation, taxation, workplace health and safety and discrimination. Thinking […]
May 8, 2015

Common Startup Pitfalls You Need To Avoid

Whether you are starting a business or you are in the midst of a challenging financial setback, it’s worth knowing my many startup companies fail and fold before they even reach their second year. The books don’t like. If you are planning to get a bookkeeper Melbourne, make sure to get up who is backed not only by expertise but also with significant experience. As a trusted bookkeeper Melbourne, here are some of the most common money mistakes newbie entrepreneurs make: Underestimating Operating Costs A lot of people decide to work with a Melbourne Accountant or a bookkeeper Melbourne when their business is thriving. However, it is generally best to get their services way before to start rolling out your […]