Six tips for a more efficient invoicing system
There is more to life than spending hours a day generating, sending and following up invoices. There are a couple of simple ways you can make invoicing a fast, efficient, and dare it be said, fun procedure. Here are 6 tips for achieving a more efficient invoicing system that can help to gain time back […]
Small Business and BAS lodgement: what you need to know
Whether you are the owner of small business or planning to start one, you’re likely to have some questions or concerns about tax and if your small business needs to lodge a Business Activity Statement (BAS). The BAS is issued monthly or quarterly, so you can report on Goods and Services Tax (GST), Pay As […]
Five reasons every business should consider hiring a bookkeeper
In this article, we explore the top five reasons every business should consider hiring a bookkeeper and the benefits that can be achieved. Many business owners often find themselves being a jack-of-all trades when they start out. Before long, they find themselves managing each function of their business including management, marketing, administration and inventory as […]
8 ways to improve your business’ cash flow
Finding ways to improve your business’ cash flow can be stressful.
8 strategies to increase your business’ profit margin
If you run your own small business, you will have come across several different ways to evaluate your profitability. One strategy to increase your business profit margin is to use gross profit and gross profit margin. While they’re not likely to be the only figures you are using to health check your business, they are […]
Top tips for best practice payroll compliance
Payroll is a workplace function that usually occurs in the background and simply just “happens.” Any business who adopts these top tips for best practice payroll compliance, should find that payroll is invisible to the rest of the business. It does however remain one of the most preventable areas of risk for many businesses. With […]
Arabon’s guide to bookkeeping jargon
If you’re new to small business and doing your own bookkeeping or thinking about taking on the services of a professional, Arabon’s quick A-Z guide to commonly-used jargon will get you in-the-know quickly so you can be in control of your bookkeeping sooner. Whatever your situation, it’s important to understand the some of the common […]
Six qualities you need in a great bookkeeper
Now you have made the important decision to hire a bookkeeper for your business, how do you go about finding the right person for the job and what qualities do you need to look for in a great bookkeeper? We explore the top six skills and abilities you need in a bookkeeper, ensuring you find […]
The best software and apps to streamline your bookkeeping
When introducing new technology to your accounting process, you want the best software and apps to streamline your bookkeeping.
Fair Work Australia Minimum Wage Review 2021
The Fair Work Australia Minimum Wage Review 2021 has revealed a 2.5% increase to the national minimum wage starting 1 July 2021. The decision was based on a foundation that the country’s economic performance has ‘exceeded expectations’ and that recovery was well underway. The minimum wage will increase from $19.84 to $20.33 or $772.60 per week […]