Author Archives: Practiceplus
Tax planning for Australian accountants in 2021
Tax planning in 2021 will be a little different this year. As part of Xero’s Education Month, we are offering a webinar to give accountants and bookkeepers peace of mind as we head into April. Continue reading →
What’s Happening to Small Business Loans in Australia: Will 2020 Crisis Continue in 2021?
From better client relationships to faster data retrieval, we reveal the true strategic benefits of automated workflows – and why it’s so important. Continue reading →
Latest product news – March 2021
This month, we’ve focused on enhancing our existing products on the Xero platform. Our teams use the ‘test, learn, refine’ principle to continuously improve the features you use every day, so you can streamline your accounting work and grow your business. Continue reading →
Latest product news – February 2021
The ongoing challenges with COVID-19 restrictions and lockdowns hasn’t been easy on our teams, and continues to impact our customers and partners around the world. Continue reading →
Three payroll changes and trends to prepare for in 2021
There are still many unknowns ahead, but there are some things small businesses can start to plan for – these include a number of developments set to impact payroll in 2021. Continue reading →
Five technology trends set to shape 2021
None of us can predict what 2021 will hold—but it’s guaranteed that digital adoption will continue to have a transformative role on the way we do business. Continue reading →
5 skills that should be a part of every manager’s training
A handbook, alone, won’t cut it. Ongoing training is key. Continue reading →
A small business promise this Christmas and beyond
Ahead of the festive season, we conducted a survey analysing the shopping intentions and behaviours of 1,000 Australians, and how they feel about purchasing from small businesses for Christmas presents this year. Continue reading →
Small business: How to thrive in a changed world
We all know small business owners have been pivoting fast, planning ahead and working to excel across all areas of business. That’s not an easy task at any time. Continue reading →
Federal budget tax bill passes without amendments
The omnibus bill containing a raft of the federal budget’s tax measures has now been passed by both houses of Parliament. Continue reading →
How to decrease Debtor Days and improve your firm’s cash flow
The average debtor days for accounting firms is significantly higher than the average for other sectors. Fortunately, there are simple ways for accountants to reduce debtor days and improve cash flow. Continue reading →
Confidence will be key to the success of this Budget
The challenge set for the Treasurer in this Budget was to deliver a plan to jumpstart the economy out of hibernation, by encouraging jobs, investment and household spending. Continue reading →
Latest product news – October 2020
Product releases 10.2020 Continue reading →
Why being an empathetic leader matters
The basic definition of empathy is that firstly, you have the ability to recognise, understand and feel the emotions of other people Continue reading →
6 Keys for getting temporarily remote teams back together
Helping your employees feel safe as they transition back into the office is easier than you think with new technology. Continue reading →
Latest product news – September 2020
Worldwide updates from Xero Continue reading →
Starting a Business That People Need
Here’s how to determine what problems you can solve to make your new business a success. Continue reading →
Tuning into customer emotional cues during the pandemic
What new or even old strategies do you use now to help your business thrive during the pandemic? Continue reading →
Data that tells a human story – Xero Small Business Insights June Data Release
Some of the key findings from June are as follows Continue reading →
Government confirms JobKeeper 2.0 turnover tweak
Treasurer Josh Frydenberg has announced that eligibility for JobKeeper 2.0 will now be based on single quarters, in light of the stage 4 restrictions facing Melbourne. Continue reading →
3 Ways Customer Relationships Will Change Forever In Light Of COVID-19
Customer-centricity has never been more critical for brands Continue reading →
Being a Rainmaker During COVID-19
Refocus your efforts on being a great rainmaker and build your base, not just in customers, but also your talent, your product, marketing and sales, finance, legal and human resources. Continue reading →
Starting a Business That People Need
Here’s how to determine what problems you can solve to make your new business a success Continue reading →
#BehindSmallBusiness – Inspiring stories from business owners and Xero partners
Needing some inspirational motivation for your Monday? Continue reading →
Why building a customer database is good for business
There are a range of different strategies to collect customer information. Continue reading →
Cash flow forecasting guide: Make more informed business decisions
To generate a clear view of your business’ cash flow, first you need to make sure you’re capturing the right data in Xero. Continue reading →
7 Financial Lessons the Crisis Will Teach Us
And how we can use those lessons to be smarter moving forward. Continue reading →
4 Ways Solopreneurs Can Strengthen Their Businesses
Even if you work alone, the brand-enhancing ideas of others can help push you forward. Continue reading →
7 Tips for Making the Most of Remote Work in 2020
To help, we’ve put together seven of the best tips and tricks to running a modern workplace that encourages employee participation and dials the perks of remote work up to 11. Continue reading →
Is Planning Important for Your Business?
Here’s why you should keep planning as a cornerstone of your business processes Continue reading →
Should you outsource to experts?
Not sure if outsourcing business tasks is worth your while? Here are some benefits of outsourcing your work Continue reading →
Rate of COVID-19 job losses slows
The rate of job losses as a result of the economic downturn has slowed down, with the number of Australians out of work suppressed to under a million, according to new figures from the Australian Bureau of Statistics. Continue reading →
7 Tips for Making the Most of Remote Work in 2020
The modern workforce is increasingly remote, and that’s significantly changing the way teams and leadership interact, solve problems, and get the day’s work done. Trying to run remote work as a traditional office will not only introduce a wide range … Continue reading →
Why a pandemic is a good time to test new ideas
All businesses experience risk. Government restrictions can be a risk. An economic downturn can be a risk. A slowdown in freight movement can be a risk. Kyla Kirkpatrick, founder and CEO of Emperor Champagne, speaks about innovating during a pandemic Continue reading →
Turning on the taps: JobKeeper hotlines, Australian loans, government aid and cash flow
The government is providing critical financial support for eligible businesses and their employees through the JobKeeper stimulus package. Continue reading →
Guide to detecting scam emails
When you receive an email, and it seems suspicious, take the time to look into its different elements. Continue reading →
Guide to creating a business plan
These two steps are the foundation of your business plan. Without them, it will be challenging to create one. But why should you bother with a business plan? Continue reading →
Do you need an Accountant for your startup?
Working with an accountant during the early stages of your start-up ensures you have the right foundations for your business. Continue reading →
3 Ways You Can Empower Your Remote Employees
Companies that offer remote work, but don’t have tools or processes in place, may suffer from communication gaps. Continue reading →
Six steps to build an effective business continuity plan
A business continuity plan (BCP) is a comprehensive plan with contingencies for business processes, assets, human resources, and business partners in case of an emergency. Continue reading →
Fundraise your business & own majority shares? Yes you can
I do remain my own boss. And this is worth taking the challenge! Continue reading →
7 steps to manage Payroll Year End with Xero
First things first, grab a cup of tea. Continue reading →
Manage clients with staff? 6 tips to save time and reduce errors when doing payroll
Don’t worry, the tips are here! Continue reading →
‘Not interested in dragging disputes out’: ATO expands small business review pilot
The ATO has stopped short of making its small business independent review service a permanent feature as it expands and extends the pilot program until the end of the year. Continue reading →
After raising almost $30,000 over the last 3 Coastreks, its time for YBM to do it all again!
What started as a bit of a dare seems to have turned into a bit of an addiction! This March will see YBM Accounting and Business Advisors enter a number of teams into the Sydney Coastrek for the fourth consecutive year, with one of the teams this year appropriately named ‘YBM Can’t Believe We’re Back!’. Continue reading →
What makes a great leader?
There will be times when circumstance will test your integrity and honesty. Never waver. Stick to your values and keep pushing on. Continue reading →
Xero global release update: February 2020
Check out the latest updates for small businesses and advisors, plus a peek at what’s coming soon! Continue reading →
Tips for business financial accounting management
Rеgulаr busіnеss dеаls wіth ехреnsеs, rеvеnuеs, рrоfіts, аnd lоssеs. Continue reading →
4 ways to get your small business running
Are you ready to become a happy and successful small business owner? Continue reading →
Small business tips to empower entrepreneurs and lead them to a better future
Join weekend bazaars, meet-ups, and forums. Continue reading →
How to make your early stage business run more efficiently
Here are some tips on the technology that will have an immediate effect on your business. Continue reading →
Why alone time gives your business an edge
Hyperconnectivity is hurting your creativity. Reset with some solitude. Continue reading →
9 ways to refresh your company’s image without spending a fortune
The good news: You don’t have to burn a ton of cash during your redesign and rebranding. Continue reading →
How successful people go from 6 to 7 figures
To find financial success, you need to invest in your support system. Continue reading →
The 3 biggest factors that maximize your business’s valuation
Why the right people, assets and revenue predictions will matter most to investors Continue reading →
Why and how you should invest in marketing for your small business
Marketing is crucial for the growth of any company, and if used well, the sky is, no doubt, the limit. Continue reading →
6 funding options for start-ups
There are many ways to get funding for your business. Continue reading →
What makes an accountant a trusted advisor?
Something to consider: Business owners who meet with their accountants monthly tend to view them as their most trusted advisors, consulting with them for business advice more often than family, friends, and even their lawyers. Continue reading →
Is AI going to benefit HR in future?
If you know what type of positions to advertise for you’ll empower your company to become more effective in the long run. Continue reading →
How to get (useful) customer feedback in 4 steps
Once you have your feedback organized, you’ll have a goldmine of ideas for improving every facet of your products and customer experience. Continue reading →
How can Entrepreneurs be more confident at work
Self-confidence is your biggest weapon and tool when it comes to entrepreneurship or a startup. Wear it proudly! Continue reading →
The complete, 12-step guide to starting a business
Everything you need to know about how to start a business. Continue reading →
How accountants can contribute to sustainability
A look into how and what sustainable businesses look like Continue reading →
3 important leadership lessons from Dr. Martin Luther King, Jr.
King was a visionary. He was a man who had a dream bigger than the times in which he lived. Continue reading →
If you’re struggling with strategy, focus on the three market disciplines
There are situations in which you value the best-of-the-best. Continue reading →
How to make your early stage business run more efficiently
Inefficient processes exist at nearly every company, regardless of size or turnover. Continue reading →
5 quick tips for improving productivity at work in 2020
Emails. Phone calls. Meetings. Continue reading →
Creating the ideal workplace environment
By investing in enterprise management systems and intelligent apps, buildings can become more than just a workplace Continue reading →
7 mental and physical steps for a successful job interview
Tips and tricks for your interview Continue reading →
10 ways to prepare your business for 2020
2020 holds numerous victories for your business. Continue reading →
8 tips on taking care of yourself during this busy season
Pick a thing from your personal to-do list and accomplish it, it helps a lot. Continue reading →
Is the idea of “brand” constant or evolving?
I have some of my own ideas about this, but I polled some of my smart friends and they came through for me with some great perspectives. Let’s get into this fascinating debate. Continue reading →
11 tips for planning the best Christmas work party
Every good party needs some core elements to be a success Continue reading →
The importance of mindfulness and self-care in the workplace
The insights from these discussions will help our teams manage workplace stress, better support one another, and encourage individuals to prioritize their own personal wellbeing Continue reading →
How to enhance employee productivity
Staying diligent, no matter what includes taking time to implement these small measures. Continue reading →
Want to retire early? Do this one thing.
Don’t start with too much money. (Yes, really.) Continue reading →
The economics of becoming a keynote speaker
Before any talk, I know my material cold. I don’t read from slides. I don’t talk from notes or a script. Continue reading →
How to get out of the comparison trap
It’s time to stop worrying about what other businesses are up to. Continue reading →
How to avoid being part of 90% of failed companies
Being cautious and disciplined with your finances can be the difference between maintaining your project so that you can eventually succeed and be completely bankrupt. Continue reading →
Why your Company’s tech transformation starts with the backend
This faster delivery of internal IT systems would also give us more credibility and currency. Continue reading →
Three steps to creating a sustainably-minded business
When it comes to making sure your business is doing better for the sake of the planet, it can all feel a little overwhelming. Continue reading →
Hiring remote workers? Here’s what to consider first.
The most important personality traits to look for in remote employees are self-motivation and discipline. Continue reading →
6 tips for designing the best company logo
Do you know how to design a functional, well-fitting logo? Continue reading →
How the best Entrepreneurs tackle complicated situations
Taking the route of entrepreneurship means signing up to become a problem-solver. Inevitably, every company has its fair share of challenges. At first, these challenges present themselves as mountains; complicated and overwhelming. Yet, entrepreneurs are supposed to channel their minds … Continue reading →
How to write a welcome email to new employees?
Radiating warmth and friendliness will help your new employee feel relaxed and excited to start working. Continue reading →
Everything you need to know about finances for your startup
You’re just starting out, which means you need money. And quickly. Trust me, as a former small business owner, I get it. Continue reading →
6 steps to grow your small business with cold email
Your subject line is crucial if you want your emails to be opened & read by your prospects. Continue reading →
Why is gaining confidence so hard?
Why is gaining confidence so hard? #AskingForAFriend Actually? I’m asking for myself. We’ve all suffered from imposter syndrome. Confidence ebbs and flows for me. But I’m finding, at the height of my career, that I’m lacking confidence in many aspects … Continue reading →
6 Steps to sell out your next event using Facebook Ads
It usually takes several touchpoints for anyone to decide to purchase, so we need to hit potential customers from different angles. Continue reading →
BOOST YOUR POTENTIAL WITH THESE ACCOUNTING CERTIFICATIONS
The stable demand for accounting services has made the field a promising one for accountants. This makes it one of the highest salary earners in the labour market. However, as an accountant, your degree may not be enough for you … Continue reading →
5 things social media posts have in common
Last night, we had a discussion during our family dinner. The subject of discussion was how social media had turned the world into a global village. A message that could take a lifetime to be delivered would be delivered for … Continue reading →
8 Funny and relatable experiences that all entrepreneurs go through
The same things happen to everyone in different ways. Continue reading →
Don’t fall for these ATO scams while filing your tax return
There are fresh warnings for people to be diligent when dealing with tax refunds following the re-emergence of scams hoping to trick unsuspecting victims. Continue reading →
The nine most important things I have learned about investing over the past 35 years
My nine most important lessons from investing over the past 35 years are that: there is always a cycle; the crowd gets it wrong at extremes; what you pay for an investment matters a lot; getting markets right is not as easy as you think; investment markets don’t learn; compound interest applied to investments is like magic; it pays to be optimistic; keep it simple; and you need to know yourself to succeed at investing. Continue reading →
The first accountant to use Xero Tax talks stress-busting and time-saving this EOFY
Over 5,000 firms rely on Xero Tax to lodge their tax returns Continue reading →
Answer These 7 Questions Before Starting Your Side Business
Take stock of the assets you have and create a realistic plan to define your purpose, gather resources and develop market insights. Continue reading →
How firms of any size can innovate
From small to large, accounting practices of all types can be effectively thinking ahead. Continue reading →
Helping small business through the succession planning process
A good succession plan can secure a business owner’s legacy, and their retirement. Why not help your clients come up with one? It could be one of the most important and enduring things you do for them. Here’s how to get the process started. Continue reading →
Accounting strategy emerges out of the wilderness
Jason Blumer realised his creative talent would be curbed if he stuck to the traditional ways of running an accounting business. So when he was let loose to manage his father’s firm, he started experimenting and having fun. Continue reading →