5 Quick Tips for Faster Customer Payments

 Agree amounts upfront  Invoice immediately  Multiple payment options  Send reminders  Call in the debt collectors According to ASIC, 40% of insolvencies are a direct result of inadequate cashflow. Cashflow is the core of your business. Without cash your business will end up having to...

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3 Easy Steps To Identify Work Time Thieves

On average, Australian small business owners work considerably longer hours than employees. Is this you? According to a study published by the Department of Innovation, Industry, Science, and Research, 50% of Australian small business owners work longer than 40 hours a week a quarter...

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Demystifying the BAS Myths

I get a 2-week extension to lodge my BAS return through my business portal, why should I use a BAS Agent? Because with a BAS Agency you get FOUR WEEKS. That’s an additional two weeks that you could be making your money work for...

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The Xero Dashboard

The Xero Dashboard displays all of your most important financial information – so you don’t need to trawl through all of your data to get a clear view of your business. Stay on top of cashflow and see all your bank balances, invoices, bills...

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Small Business Marketing Pt2

The top 10 must-have tips for email marketing Part I of this guide focused on small business marketing on a budget and the tools to do this. There are many different ways of marketing to your customers, ranging from direct mail to telephone calls,...

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How to nail invoice management

Build invoicing into the heart of your workflow Some businesses treat invoicing as an afterthought. It’s seen as a tedious necessity or a chore – something that’s unavoidable and can never be interesting. That’s unfortunate because those businesses are missing out on some important...

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Invoice Reminders in Xero

Instead of you spending hours chasing overdue payments, Xero can automatically email reminders to your customers. Just set and forget. Use the preset timeframes or adjust them to suit your business. Tailor the email message and the days overdue as needed. When your customer...

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Bank Reconciliation in Xero

Xero is designed to automatically import your bank, credit card and PayPal transactions using bank feeds to make reconciling your bank accounts faster and easier. Before now, you had to take your bank statement and manually entered the transactions into your desktop accounting software....

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Statement of cashflow

For small businesses a healthy cashflow is crucial. That’s why the statement of cash flows report is so useful. It shows you the money…where it came from, and where it went. While the Profit & Loss (or Income Statement) can tell you if you’ve...

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Does your business need a mobile site

First impressions are important Your customers and prospects are on the move and often in a hurry. And it’s likely they’re on a mobile device while looking for products or services online. This means it’s vital you have a well-designed and well-written mobile site...

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Small Business Marketing Pt1

Marketing on a budget Large businesses often have dedicated marketing departments with big budgets, because it’s not enough just to create a product or service – you also have to tell people about it. Small businesses are at a disadvantage here, because they don’t...

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Grow your business : 10-step checklist

10 steps for business growth Seeing an opportunity for business growth can be exciting. But turning your big idea into a practical reality will take careful research and planning – not to mention investment. Use this 10-step list as your reality check. Review your...

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How to apply for an ABN

An unique number for every business An Australian Business Number is an 11-digit number unique to each business. It’s a legal requirement for anyone who wants to start an enterprise in Australia or who wants to register for GST (Goods and Services Tax). Even...

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Back to Basics

Sometimes we forget the basics of software programs we may have been using for a while or we simply didn’t ever learn them to start with – so here’s a quick video on shortcuts you can use to make life easier in Xero.

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Two Step Authentication

Keeping your financial data safe from malware and hackers is imperative. Xero has a Two Step Authentication process. If your login details are ever compromised you can be sure those seeking to do the wrong thing won’t be able to access your account. All...

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Notifications in Xero

Notifications in Xero makes it easy to stay on top of what’s new, what’s important and what you need to know or learn – in the one place where you work everyday. No more searching an Inbox. No more missing an update. Explore when...

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Sales quotes in Xero Released

On Wednesday Xero released the ability to issue quotes from the software. Many small businesses win work by using sales quotes. Quotes drive sales, which, in turn, generate revenue and build relationships with customers. Yet many businesses don’t realise that quotes can also cost...

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