Cash flow is one of the biggest issues facing start-ups. Recent research reveals Australian small businesses are chasing $76 billion in unpaid customer bills and according to the Australian Securities and Investment Commission, poor cash flow was the key factor in half of all tech firm failures in 2016. So how can you manage your […]
Embarking on the entrepreneurial journey is thrilling, but it also comes with a need to make a multitude of decisions. One of the most important decisions to consider when starting your business is the various business structures that are legally available to you. In this article we explore the pros and cons of a company […]
In today’s rapidly evolving business landscape, having a robust IT infrastructure is crucial for the success of small businesses in Melbourne. From efficient operations to data security, technology plays a pivotal role. However, with limited resources, it’s essential for small businesses to allocate their budget wisely. In this article, we’ll explore how Melbourne small businesses […]
Every small business goes through financial ups and downs. This is especially true in the early days of a business, when owners are yet to figure out, or establish, their business’ rhythm. There are some universally common mistakes that we see small business owners make. We’ve summarised the three most common small business mistakes here, […]
Starting a small business is a labour of love. Some business owners have dreamt about owning their own business from an early age, while others decide to start a business when life changes, and the yearning to be your own boss arrives. With SMEs making up more than 99 per cent of Australian businesses, what inspires a […]
Preparing invoices might be one of the most important tasks you perform as a small business owner. After all, business invoices are the first step in generating the income your business needs to run smoothly – not to mention help you pay personal bills like mortgages and health insurance. When small business invoices are done […]
In today’s digital age, cybersecurity and data protection are paramount for financial institutions. With the constant threat of cyberattacks and the increasing value of sensitive data, it is crucial for these institutions to have robust IT security solutions in place. Managed IT services play a vital role in safeguarding sensitive data, ensuring compliance with industry […]
Running a small business in Australia comes with various responsibilities, and one crucial aspect is managing taxes. Understanding the tax system and implementing effective strategies can help small business owners optimise their finances and ensure compliance with legal requirements. In this article, we will provide valuable tips for navigating small business taxes in Australia, covering […]
In today’s rapidly evolving business landscape, IT plays a crucial role in driving efficiency and productivity. However, managing IT infrastructure and services can be complex and costly, often challenging businesses to maximise their return on investment (ROI). This article explores the importance of IT budget planning and how businesses can optimise their ROI through the […]
As a small business owner there is always a lot going on and for many its often a struggle when it comes up to the end of financial year. Knowing what a small business can claim on tax each year can be challenging if you don’t have the right support. That’s why we’ve put together […]
Small But Mighty