It’s a common struggle and we probably don’t talk about it. Imposter Syndrome affects individuals from all walks of life, including business owners. It’s characterised by a persistent feeling of inadequacy, despite evidence of your competence and accomplishments.
Tag: small business
Some common things businesses forget at tax time
Running a business is a demanding job, so it’s no wonder owners lose track of crucial things at tax time, such as: Deducting entertainment expenses Dinner and lunch meetings with clients and customers are partially tax deductible. Keep
Minimum wage increases to $23.15 per hour
The Workplace Relations and Safety Minister has announced that the adult minimum wage will be rising to $23.15 per hour from 1 April 2024. – a 2% increase from the current hourly rate of $22.70. Brooke van Velden
5 challenges for small business – and how to beat them!
Want to know how to beat the most common business challenges? We’ve highlighted five common challenges and the simple ways to overcome them. #businessadvice #SmallBusiness #advice
Don’t trip! GST mistakes to avoid
GST can be a thorn in your side but if you understand when it’s due, what to pay, and you make the most of your accounting software, you’ll escape unscathed. Here are four of the most common mistakes
Xero Small Business Insights (SBI) program
Xero have just released the Xero Small Business Insights (SBI) program, this program provides analysis of the sector’s health drawn from anonymised and aggregated data from hundreds of thousands of their subscribers. Xero are producing monthly metrics for
How to use forecasts and scenario-planning
For centuries, accounting was all about reviewing historic information – but that only told you about the past, not what was going to happen in the future. If you’re only looking back at past periods and historic numbers,
Set the right growth goals for your business this year
If you’re going to grow your company in the right way, pinning down your goals and having a clear vision for the business from the outset is vital. You may want to increase profits and create an income