If you're running a small business - and there are nearly 30 million of you in the U.S. alone - then you know the old adage rings true: Time really is money.
Change. Whether you’re someone who welcomes it with open arms, or you’re the type who tries to maintain the status quo as long as possible, change is inescapable. As the cliché goes, change the only constant thing in the world. And in retail, this statement couldn’t be more true, especially in the last few years!
Cashflow management is vital for a growing business. We spoke to Ed Castaño of BlueVine, a provider of working capital to small businesses, to find out how to manage cashflow. Here are his thoughts.
Small businesses win work by using sales quotes (also known as price quotes). Yet they often don’t realise that how they prepare and create quotes can cost them business. Many lose revenue by not following up on quotes or turning quotes around fast enough.
Over the last five years, blogging for business has become an industry unto itself. With numerous companies all over the world vying for the top talent and the most pageviews, it’s no surprise that the top business blogs are those which can adapt and respond to the changing landscape of the digital world.
From cupcake-crazy home bakers to fitness addicts and artistic dreamers, more and more entrepreneurial Britons are turning passions and pastimes into money-making enterprises. In fact, latest studies show there are 600,000 more micro businesses in the UK today than there were during the onset of the financial crisis in 2008*.
Rust never sleeps’ was supposedly the tagline for a 1970s advertising campaign for a rust-inhibitor product called Rustoleum. Although the phrase found far more traction as an album title for legendary Canadian rocker Neil Young, it resonates with us here at Debtor Daddy because it echoes one of our favourite sayings that “Debt never sleeps”.
What do modern customers expect from retailers? How can you increase revenues per transaction? How can you ramp up word-of-mouth for your business? Our latest retail roundup answers these questions and then some.
We live in a globally connected, digital economy. In this world the all-pervasive force is data. So much so that is has become to the digital economy, what oil was to the industrial. There has never been a better time to use data to drive your business performance.
The ATO app puts tax and super help in your hand, making it easier for you to conduct your tax and super affairs on the go.
If you pay for a website for your business, here are some things to remember about claiming the costs…
Starting a business is a big decision, and needs careful research and planning well before you start trading.
So you have had this dream of setting up your own small business and being your own boss. But, ever since your dream became a reality, life has not been the same. And not necessarily in just a good way.
The ATO can easily see if you have made a mistake in your GST return by data matching your income tax return. For instance, they can check the sales lodged in Business Activity Statements with the figures lodged in your income tax return.
Effective from 6th April 2015, the UK Government will ban pension transfers from Public Sector Schemes.
Business owners need to be aware of the difference between an employee and a contractor so that they are able to meet their appropriate tax and superannuation requirements.
We would like to share with you an article written by Jamie Sutherland who is the President of Xero in the US.
Retail stores have long been collecting basic details (i.e. name and email) on their customers. Now, with the help of some nifty retail cloud solutions, it’s possible to collect so much more.
Do you receive income from a superannuation pension? If so, your eligibility for Age Pension and Commonwealth Seniors Health Card may be affected. Now, any superannuation pension income you draw will be included in determining your entitlement to receive:
It is not unusual for Australians to overlook their superannuation in general, let alone worrying about accounting for it in their estate planning.
Fraudulent investments can be a serious problem in Australia, and individuals with a high net worth are often targeted in these scams.
Some investment scams in the past few years have been extremely sophisticated, and have managed to fool seasoned investors. Here are some things that should raise a red flag in a prospective investment opportunity:
The ATO is preparing to enter into the second phase of its dividend washing compliance program.
Over 3000 individuals and entities have now received written correspondence requesting that they amend their returns to rectify dividend washing benefits.
Your website or LinkedIn profile will often be the first thing about your company that a prospective client sees, and as we all know, you only get one chance to make a good first impression.
There’s some truth to the saying “You have to spend money to make money.” When you’re running a business, shelling out without seeing an immediate return is part of the territory.
No matter what products or services they produce, businesses need two essential things to succeed: employees and customers.
I’m sure we all remember using acrostic poems growing up. This week we’ve chosen to discuss the topic of customers in acrostic form!
As an agency working with brands to create engaging marketing and digital content campaigns, it’s important to keep up-to-date with the trends in the market.
Is THIS the year that you are going to concentrate on your inbound marketing and commit to creating a blog that generates results for your business? Great news!
In the race to attract the best staff, and always have a talent pool ready to fill any immediate gaps at short notice, more employers are turning to non-traditional recruitment channels, using social media.
Take a moment to imagine you’ve been given the task of being a mystery shopper for one night. Your job is to go in and assess multiple aspects of a venue: its employees, its food and beverage, the decor, the atmosphere – the works.
Retailers and consumers alike are huge fans of loyalty programs, and for good reason. For merchants, loyalty programs drive repeat spending and encourage customers who buy once to return again and again.
The Government’s campaign for health and safety reform has made it clear that there is an increased focus on high risk industries such as forestry, agriculture, manufacturing and construction.
When it comes to investing there is always a certain amount of risk involved.
The key to a great investment strategy lies in being able discern exactly how much risk you are willing to take on. The risk profile of your superannuation investment strategy should be determined by a combination of your financial goals and the time frame in which you want to achieve them.
Xero accounting software is designed to revolutionise the way small businesses manage their finances.
Many people make the mistake of assuming that all debt is bad and that they should aim to reach a point where they are completely debt free.
The level of employee retention within a business is always a good testament to the management team.
With the spotlight on agribusiness and food technology sectors, we're leading the conversation about the life cycle of innovative ideas.
Presented by Senior Associate Jonathan Lucas and Catalyst Ltd Director, Janes Lancaster, this video highlights how to develop products and services with a long term vision, ensuring sustainable success.
Receipt Bank allows you to add in details of your bank accounts and payment methods in order to help us categorise your receipts and invoices even more efficiently!