Here are tips to help you design and implement a simple but yet fair returns policy to build repeat customer loyalty and boost your bottom line performance.
December is a great month for many reasons. For business owners, it’s a great time to start reflecting on the year that was – what worked, what didn’t, and what do you really want for the future?
As a business owner, you’re at what you do, but being a finance officer or bookkeeper you are not. Here’s a classic example of the cash flow conundrum.
Goal-setting requires clarity. Decide on what it is that you want, and then on how you are going to achieve it.
With so much going on in business, it can be a daunting exercise to know what to work on first to improve profits. Methods evolve over time and different people do things their own way. If you want to create a better outcome for your customers and your business, here are some high-level points to consider.
A business plan is the strategy around which you can determine the whole process, identify gaps, address them and put contingency plans in place. It helps you set deadlines, track progress, shift priorities, allow for contingencies and save yourself from looking a fool in front of customers, financiers and staff.
The point at which machines are capable of independent thought — a concept known as the singularity — could soon be the reality for businesses around Australia. It is predicted by some experts to occur within as few as 10 years.
Managing cash flow with online accounting software means you always have enough fuel in the tank to keep your business running.