When many restaurant owners think about bookkeeping, it creates a feeling of dread. Between managing employees, food orders, clean-ups, customer complaints, banking, and everything else that goes along with the industry, a restaurateur often ends up overwhelmed. The last thing you want to do is keep up with bookkeeping but is a vital part of […]
Business Update – 29 March 2023
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Changes to home-based business expenses Businesses operating from home can claim business-use expenses, including occupancy expenses and running expenses. They can now use the revised fixed rate method of 67 cents per hour […]
6 tips to reducing personal debt in 2023
2023 is expensive. The cost of living is higher than ever, interest rates keep rising, and it keeps getting harder to stay afloat, let alone get ahead. As a result, carrying debt has become commonplace. But, with the challenges of the past few years, many of us have more debt than we’re comfortable with. […]
Additional Benefits of Franchise Bookkeeping Services
When you own and run several franchises, you may find bookkeeping to be the stressful part of your job since each of your franchises has to keep up with their own records. You could hire an HR person for each of your stores but that could get expensive. There are several reasons why it is […]
6 Ways to Improve Tight Margins in Your Restaurant
With the past two years of Covid behind us, we would all hope to start seeing great margins come back. However, even in a post-Covid time, there are still a lot of things that are jeopardizing those margins. Things like higher food costs, supply problems, and consumer behaviors have changed. Restaurant owners now see trends […]
Tips to increase holiday engagement
The holiday season is typically busy, whether you run a retail business or a service-based one. If you’re not helping shoppers, you’re helping your clients fit in their appointments before year end. There’s a lot to do and the time passes quickly. Take this opportunity to show clients and customers how much you appreciate […]
Business tips for the end of the year
The end of the year tends to be a bit chaotic for business owners, but it’s actually a good time to get some extra housekeeping done for your business. Read on for some tips to help you finish the year neatly and feel prepared to face the new year. Review your goals and KPIs […]
Protect yourself against theft and fraud
We’re a camping family and during a recent road trip we stopped for a couple of nights in Dubbo. We had such a cool time riding our bikes around the Dubbo zoo! But I digress… as soon as we unhooked the van at the caravan park our neighbour came to warn us about the […]
3 simple strategies for team and client retention
After my husband’s near death experience when my youngest boy was just 2 months old, our parenting philosophy became all about creating memories as a family because you just never know what’s around the corner! So we became a camping family. Before COVID threw our calendar into disarray we would take a 3-day long […]
Benefits of Not Doing Your Own Payroll
As a small business owner, figuring out ways to save on expenses is a constant battle. There are some ways this works and others that don’t. Do-it-yourself payroll is one place you might want to avoid cutting costs. In the old days, the owner could simply grab some cash from the drawer and pay employees. […]