5 Tips to Help Small Business Growth

1. Implement the right business systems and staff The right business systems and staff are paramount to your success.  If you are looking to drive small business growth, then you are going to need more staff. Attract and keep the best people, set measurable standards for their performance and then regularly review their work to ensure they are achieving their goals.  Take a realistic look at your financial reports to determine what…  Read more

MYOB Cloud Accounting

Imagine this scenario – you are sitting in your office working on your MYOB accounts.  You have a live feed set up with your banks, so that the transactions are available within your MYOB file without you having to enter them or import them.  No need to wait for bank and credit card statements to turn up in the mail or your boss to find where they have vanished to.…  Read more

Tips for Better Inventory Management

Inventory is often the biggest asset that a business has, and the profit of inventory based businesses is dependent on the best management of the stock. So what are tips to make sure that the stock is correctly managed, for the best profitability of the business. Use analysis to track the performance of the stock. Stock turnover is a measure of how quickly stock is being converted into revenue/how many times…  Read more