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Cloud computing

Is Accounting Sexy Yet..? (No - but Xero is Trying…)

Walking into Xero’s slick Melbourne office in Richmond conjures up images of what 1 Infinite Loop,... read more

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Jef LippiattCo-founder at Startup Chucktown
I agree that Xero has made great strides in an industry that doesn't usually have much flash or intrigue, however, I don't believe they are alone in trying to redress the financial / accounting industry. Wave (Wave Apps and/or Wave Accounting) also has a sleek UI that is inviting and efficient. I'm not sure that they currently offer services in Australia (but they are definitely another up-and-comer to watch).
Lisa OrmenyessyOwner at Straight Talk Group
Perhaps an accounting themed show for those suffering from insomnia? ;-) (Joke of course!)
Sales and marketing

Handle Objections Strategy Summary: How to Handle Sales Objections

There are 2 most common objections in sales and these are: 1. Price is too high People rarely... read more

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Jef LippiattCo-founder at Startup Chucktown
I can testify that many of the above items mentioned do happen regularly. This is a great way to document those issues and ways to work around them.
Search engine marketing

Lightbox Ads

It seems that Google is updating its policies, interface and features each and every week! Just... read more

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Legal

4 Legal Documents Every Business Owner Needs

Nobody likes legal documents -- especially business owners who are multitasking and trying to... read more

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Jef LippiattCo-founder at Startup Chucktown
Great information as always. I'm working on some IP stuff currently so this is a timely article.
Leadership

How Strong Leadership Leads To Business Success

The success of any business is directly related to the strength of its management team. This was... read more

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Tracy Tappenden Course Director at Spearhead Training
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Jef LippiattCo-founder at Startup Chucktown
Overall you made some really good points. I would also add that a good manager keeps their goals and the goals of those they managed aligned with the over-arching company goals. A good manager also ensures that the team members are learning from one another as well as from other internal and external sources for professional and personal growth.
Server, networking and security

Individual Cyber Security Health Check - Get yours now!

Everyone uses the internet in some way.   At home we're Facebooking or looking up recipes; on the... read more

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Ananda Raj PandeyCTO at SavvySME
Thanks for great article ,Roger. We all do these simple silly mistake without knowing the larger impact.
Copywriting, content writing and blogging

3 Ways to Kick Writer's Block to The Curb

Content is one of the most fun things in the world! Words are beautiful, powerful and meaningful.... read more

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Elizabeth Campbell at EC Writing Services
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Online marketing

10 Email Marketing Essentials: How To Get That Mail Opened

Your marketing strategy may include social media, traditional advertising, media exposure,... read more

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Simon Slade CEO at Doubledot Media
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Cloud computing

3 Reasons Why MYOB is Not a Cloud Accounting Firm....Yet

Allow me to tell you a story of the first and last time I explored MYOB’s “online” accounting... read more

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Michael PriorPrincipal at PB Advisory Group
Macartan, like you I just cant understand why MYOB just don't get it! As you have said both Xero and QuickBooks Online support leaves MYOB for dead. Earlier this year I went to the MYOB Roadshow and was flabbergasted that they were promoting an enhancement as leading edge when both Xero and QuickBooks had been doing the same for years and with better functionality.
Hitesh MohanlalDirector at WOW! Advisors & Business Accountants
Macartan. Your experience is not unusual. We have had massive issues with MYOB and their support system. And we are an bookkeeping business. We are no longer partners with them - it's just too hard. And I wish they they would stop calling it 'cloud' when it is not

Facebook mulls adding profile photos to facial recognition

Facebook Inc is considering incorporating most of its one billion-plus members' profile photos into...read more

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Branding

Get Real Clarity on Your Business and Brand

As a brand consultant, this is what I frequently hear from frustrated business owners. "I just... read more

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Sandy Archer at Sandy Archer Creative
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Jef LippiattCo-founder at Startup Chucktown
Agreed and sadly most startup ventures these days are only looking to add value (money) to their own pockets without solving any actual problems or providing value to the customers. Time won't be pleasant to those ventures. If you snub your customers, your venture will die (or at the very least limp on needlessly).
Sandy Archer at Sandy Archer Creative
Well said Jef, so much temptation these days to just get it out there without the real thought of who they are and what they want to offer themselves... it is all about providing value
Accounting

Reviewed: Accounting Apps - MYOB, Xero, and Quickbooks

Because I am building my very first start-up, (clap clap clap) I had no idea about any of the... read more

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Ling Lee Director at Japanese Sword Auctions Australia
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Ling LeeDirector at Japanese Sword Auctions Australia
Hey Michael, thanks for the comment! I will definitely take that in mind. I just wanted to add that I intend to have more than 5 invoices per month. Even as a microbusiness, that doesn't mean I don't want to sell more products!
Neil SteggallPartner at Wardour Capital Partners
This is a valuable aid to all small businesses taking their first steps. A great summary, thanks Ling!
Business planning

‘System’ is not a dirty word

Business owners are wary of ‘systems’, feeling they deprive them of flexibility. However, a... read more

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Thanks Brian. I have been told that the value of your business is not just in the assets, but also the systems. The better the systems, the better the value.
Wendy HuangFull Time Blogger and YouTuber at A Custom Blog in 4 Minutes
Quick and to the point. I'm all for Systems :)
Selling online

Online Retail Strategies from the Experts: Business Advice You Need to Heed

Are you struggling to get sales through your online store, or worried about setting one up?... read more

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David BobisOwner at Studio Culture
No problems, Jef!
David BobisOwner at Studio Culture
Hi Phil, yes I love the story of Black Milk. I saw them present some time back and their story truly is an insightful one, especially with the kind of marketing they're doing online.
Cashflow management

Driving Business Performance in Difficult Economic Times

It’s said that a week is a long time in politics. In the context of business, a week can be the... read more

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Running your business

How to Systemise for Success

Many businesses work with ad hoc procedures that ‘just happen’, and aren’t really systems at... read more

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Running your business

The 4 Struggles of Working from Home - and How to Overcome Them

A departure from the daily grind of 9-5 can mean the freedom to choose your own schedule and save... read more

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Iona Yeung Digital Content Specialist at FIRST
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Attracting talent and recruitment

Writing an Effective Expression of Interest Letter

An expression of interest letter is a brief, introductory letter sent by a person interested in a... read more

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Damian Wolf Self at Self
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Business ideas and monetising new concepts

Top 5 Tips in Choosing the Right Small Business Idea

A week ago, I outlined some tips to help you get your creative juices flowing and come up with a... read more

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Allan Bennetto Founder at JMango
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Wendy HuangFull Time Blogger and YouTuber at A Custom Blog in 4 Minutes
Love the idea of qualifying your ideas based on who will spend money on it. You could also ask them for the money straight away to see if they are actually being serious or just humouring you :) Make sure wallets are handy :DD
Neil SteggallPartner at Wardour Capital Partners
Great article. Thanks have a great Christmas!
Search engine marketing

SEO for SMBs On a Budget

​ Here are ways how SMB’s can use SEO even on a budget. Virtually every aspect of life has been... read more

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Paul LupsonOwner at InnovaReviews.com
You mention the value of friends and family vouching for your service, Alexander. Exactly right, even more convincing to a new potential customer is having previous and present customers say how great your business and for the new customer to see that, right there on your website at the moment they are about to buy or call you. Adding customer reviews is easy, use a service like innovareviews.com - it also puts the reviews into a Google recommended format that adds reviews stars to a company's entry in the search results, making the click-through even more likely.
Attracting talent and recruitment

The Surgeon’s Dilemma – a test for unconscious bias

Here’s a challenge for you. A father and his son are involved in a horrific car crash and the... read more

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Prue Laurence Director at Psylutions
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Wendy HuangFull Time Blogger and YouTuber at A Custom Blog in 4 Minutes
Wow powerful riddle - really enjoyable read as well! Thanks Prue!
Startup

3 Startup Hubs in Melbourne - Coworking spaces and the community of entrepreneurs

I went to Melbourne yesterday and got the opportunity to explore the startup scene there before we... read more

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Wendy Huang Full Time Blogger and YouTuber at A Custom Blog in 4 Minutes
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Kevin MallenOwner at Virtual Coworker
Inspire9 is quite awesome. For anyone stopping through Melbourne for the day, Inspire9 is free to the public for a day pass. They also have a ping pong table, pool table and love sacs!!!
Telecommunications, mobile and wireless

Top 5 Email Marketing Tips

I love marketing emails. Really, I do.   According to the Direct Marketing Association's in the... read more

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Ling Lee Director at Japanese Sword Auctions Australia
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Neil SteggallPartner at Wardour Capital Partners
Just re read it Ling.....loved the humour at the start!
Neil SteggallPartner at Wardour Capital Partners
A great and useful article Ling. Thank you
Taxation

ATO Audit – what to do and how to avoid them

As a Tax Agent, this is usually the first thing a client says to me when I tell them I have... read more

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Hitesh Mohanlal Director at WOW! Advisors & Business Accountants
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Greg TomkinsDirector | Web Architect at Top Left Designs
Actually it is very easy for the tax office to identify any business that is operating outside the "norms" as they have all the data they need to statistically identify deviations and the computer systems just sit there scanning all the BAS and annual returns and as soon as they spot a suspect the red light flashes and alarm bells ring. Anyone thinking they can hide anything can pretty well forget it as far as small business is concerned. It was interesting looking at the benchmark data and it is probably a good idea for anyone in the listed business categories to take a quick look... just go to http://www.ato.gov.au/Business/Small-business-benchmarks/In-detail/Benchmarks-A-Z/
Hitesh MohanlalDirector at WOW! Advisors & Business Accountants
Thanks Michael. Your comments are valid. It is frightening how much the ATO know before they start a detailed audit. Audit Insurance is great way to ensure you do not get a big bill for dealing with a tax audit
Accounting

GST Basics for Small Business

One of the basic principles of GST is that it is paid by the end consumer. A business that is... read more

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Thanks Matt! Yes, this is a common error made by many small businesses. When we access a new client's accounting data file either for the first time or to review and correct their transactions for a BAS, insurance transactions are always reviewed for this reason.
Matt Dell
This is a very good summary Carmen I am in the insurance industry and we repeatedly have to explain how state based Stamp Duty effects the GST charge on many insurance premiums (it is not 1/11th of the total bill) I bet lots of small biz owners just put it in as standard 1/11th and might be in for a nasty surprise if they get audited :)
Miscellaneous

A Comprehensive Guide to London

  Tourists from all around the world visit London each year to experience all of the wonderful... read more

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Eric PhuahOwner at Hystericalz Pty Ltd
Awesome article Anna, I've always wanted to visit but I've never had a chance. This will definitely help when I go and motivate me to plan that trip :)
Business structure

What is a Shareholders Agreement and How Does It Work?

A Shareholders Agreement is a legally binding contract entered into by the shareholders of a... read more

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Wendy HuangFull Time Blogger and YouTuber at A Custom Blog in 4 Minutes
Great article Kate :)
Superannuation

Why are Self Managed Super Funds (SMSF) Becoming so Popular ?

Nearly 200 people are starting Self Managed Super Funds (SMSF’s) in Australia every day. So many... read more

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Greg Einfeld Director at Lime Super
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Daniel OddOwner at Accounting Perspective
Great Article Greg. Well balanced, and covers the relevant issues. I wish there were more advisers with this mind-set in the marketplace!
Accounting

Important Things to Consider When Switching from Sole Trader to Company

Your business has outgrown your sole trader structure Many small businesses start out as sole... read more

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Online marketing

Promoting your new website video

So you have got a fantastic video that promotes your brand, project, services or products. How do... read more

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John BelchamberOwner & Senior Consultant at Invoke Results
Thanks Stephen, great tips. Do you find that the hardest part of video marketing is actually taking the first step into it?
Eric PhuahOwner at Hystericalz Pty Ltd
Thanks for the tips Stephen. Videos are one of the hardest media to promote and to attract viewers, especially a business related video, so these are definitely useful!
Regulatory and compliance

Registering a Business Name in NSW

Registering a business name in NSW The NSW Department of Fair Trading used to manage business name... read more

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Phil Joel Director at SavvySME
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Market research

Top 20 Online Customer Survey Forms

Online customer surveys are a great way to gather information, from voting for your next team... read more

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Wendy Huang Full Time Blogger and YouTuber at A Custom Blog in 4 Minutes
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Kathie BolithoDIrector at Tough Cookie Marketing
Great information, thanks!
Sharee JameiWeb Developer at SavvySME
Thank you!
Business coaching

The Personality Traits Of Business Owners

The Personality Traits Of Business Owners: a journalist from Start Up Smart recently asked me some... read more

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John Belchamber Owner & Senior Consultant at Invoke Results
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Phil KhorFounder at SavvySME
Great article John. Self-awareness is undoubtedly one of the most important step forward in building a successful business. I've seen how powerful tools such as DISC can prove to be. Thanks for sharing. :)
Managing employees

Accountable Teams Get RACI

Accountable Teams Get RACI: if you want to increase employee engagement and develop teams that are... read more

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John Belchamber Owner & Senior Consultant at Invoke Results
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John BelchamberOwner & Senior Consultant at Invoke Results
Thank you Wendy and Phil, I'm glad that you found the article of interest/use.
Wendy HuangFull Time Blogger and YouTuber at A Custom Blog in 4 Minutes
I love how your articles always gives such detailed and useful advice. In a startup situation like ours it's a challenge getting big projects done when you have so many things to do and so little people. Also the fact that we need to heavily collaborate sometimes blurs the lines, writing it down like you suggested in a RACI seems like a great solution :) Thanks for sharing John!
Lifestyle and health

I am Johnny Depp - what Myer Briggs Celebrity are you?

Had things gone differently, perhaps I could have the lead in the Pirates of the Caribbean...? I... read more

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Wendy Huang Full Time Blogger and YouTuber at A Custom Blog in 4 Minutes
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John BelchamberOwner & Senior Consultant at Invoke Results
I can't claim to have correlated MBTI to DISC exactly/scientifically, but subjectively here are some possible correlations: D: outgoing / task ENTJ I: outgoing / people ENFP S: reserved / people ISFP C: reserved / task ISTJ Possible best fit DISC type with each MBTI type: ISTJ: very high C, moderate D and S, very low I ISFJ: high S and high C, low D and I ISTP: moderate S, D, C, low I ISFP: very high S, moderate I and C, very low D INTJ: high D and C, low S, very low I INTP: moderate S, D, C, low I INFJ: moderate S, C, I, low D INFP: high S and I, low C and D ESTJ: high D and C, low I and S ESFJ: moderate I, S, C, low D ESTP: high D, moderate I, low C and S ESFP: high I, moderate S, low C and D ENTJ: very high D, moderate I, C, very low S ENFJ: high I and D, low C and S ENTP: high D and I, low C and S ENFP: very high I, moderate D and S, very low C
Ling LeeDirector at Japanese Sword Auctions Australia
I alwasy get conflicting results whenever I do the MBTI - but just did one now, and got ENTP! With DISC, it seems Im a C/ID
Taxation

Understanding Business Activity Statement (BAS) - The Complete Guide

The business activity statement (BAS) is a tax reporting requirement for businesses issued by the... read more

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Craig Pisani Director at 542 Partners
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