How the Right Cloud-Based System Can Improve Your Accounting Experience

From Spreadsheets to Cloud-Based Solutions Before the arrival of cloud-based accounting software, accountants heavily relied on spreadsheets, which allowed them to quickly analyse data sets, compare records, and forecast future events. However, with the development of cloud technology, the way accountants work, the skills they need, and the roles they perform have evolved significantly to…

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Stage Three tax cuts

Tax cuts 2024 Tax Cuts are meant to be here from 1/7/2023 Just to refresh, here’s a simplified version of what the brackets are now: Earn up to $18,200 – pay no tax Earn $18,201 to $45,000 – pay a 19 per cent tax rate Earn $45,001 to $120,000 – pay a 32.5 per cent…

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How to Build Credibility

At our recent business networking meeting our members discussed how to create credibility in your business or professional role. Here are some of their ideas and tips: To keep your focus on value not price. Have a good online presence via positive reviews and people website with social media presence Find ways to add value…

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Key factor to your business success

The key factor is to have a specific target market. The more you narrow down your search the more distinguishable you are. It will also be easier to market to the smaller target market especially online and make you  more memorable. You also can elevate prices when you are an authority for a specialized area.…

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How to develop a marketing database for your business?

A marketing database is simply an electronic system processing your customer relationships, transactions and contact detail all in one. If you have a client list that contains your customers’ names, addresses, telephone numbers and sales information, then it is not difficult to turn it into a database without costing too much (normally less than $1000).…

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How to deal with customer complaints

Tips for business on How to deal with customer complaints Recognise that threats to a customer’s self-esteem will cause negative emotions because they are normal people; It is important to train the frontline staff how to satisfy customers; Resolve the problems in early stage before it is too late; Regard clients’ complaints as learning materials;…

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