Business Risks for Startups and How to Avoid Them

Starting up a business is never easy, I say it’s daunting to say the least. A big part of success is attributed to staying focused, goal-driven, and positive when starting up a business. But, as I run a Brisbane bookkeeping firm, I’m also partial to caution. Inspirational coaches would encourage you to focus on the…

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How to Detect and Prevent Fraud within your Company

Internal fraud can happen to any business. I’ve seen many incidences of betrayal, theft, and business crashes in the performance of my profession as a bookkeeper in Brisbane. I can only attribute internal fraud to laxity. Trust is a very expensive commodity, and when money and power are involved, betrayal can happen even within families.…

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Most Notable Advantages of Online Bookkeeping for Small Business

Accounting and bookkeeping are part and parcel of running a business. A good bookkeeping system provides support to any industry. A lot of startup companies and small businesses consider of foregoing the installation of a good accounting or bookkeeping system. Reasons include the cost, training, or time needed to setup the system. What they don’t…

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Steps in Transitioning your Office to Paperless

Like most bookkeepers in Brisbane, I’m a big fan of the paperless office environment. It’s efficient, space-saver, and environment friendly. And with the technology we have now, computerization and clouding made business processes become easier, more feasible and secure, and cheaper. Check out my other post on the advantages and components of a paperless office here.…

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Reasons why you should hire a Bookkeeper

Do you really need to hire a bookkeeper for your business? Not really. A lot of businesses can run and thrive without one. So, why should you hire a bookkeeper in Brisbane? Let’s discuss the possible reasons why you haven’t hired a bookkeeper for your business; You don’t have the budget – This is most…

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The Basics of Setting Up a Home-based Business

A lot of the biggest companies of the world today started out as a home-based business, including Ford Motor, Mary Kay Cosmetics, Hershey’s Chocolates, and Apple! And more than half of businesses in the world are home-based. From the point of view of Brisbane bookkeepers, there are a lot of good reasons for starting your business at…

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Common Small Business Finance Mistakes to Avoid

All businesses start off as a no-fail idea based on a brilliant product or service. But with my long years of experience of bookkeeping in Brisbane, I saw a lot of those faultless ideas and perfect products soon nosedive due to bad business financing. An entrepreneur should not only be looking into the front end…

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Advantages of Cloud Computing for your Business

Cloud computing is largely recommended by most Brisbane bookkeepers and accountants for many good reasons. The new trend of business processing is based on the technological advancement of using the virtual realm or ‘cloud’ to store, process, and manage business data, information, and processes. Because it is internet-based, it provides improved definition to data accessibility,…

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How to get started with a small business

So you have perfected your amazing product, you have secured funding, and you even looked around for a great bookkeeper to help you set up your business! Are you all set for business? Not so fast. Successful businesses were not established on a whim, or on impulse. Recklessness is the adversary of the company’s success.…

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Should I buy a Franchise Business

There are many ways to start a business. Some businesses are handed down or an offshoot of an established family enterprise. Most small businesses I’ve worked with as a bookkeeper in Brisbane started as a hobby.  A guy who loves cars would eventually open a car dealership, or a car parts shop, or a high-end…

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