How to Prepare your Business for Tax Time?

Posted by Shoebooks Team in Tuesday, June 19, 2012

If you haven’t yet made use of your accounting software to do the calculating of your taxes for you, then it’s time to do so.

As the end of financial year is fast getting closer, now is the time for small businesses to start getting their tax in order, using their small business accounting software, and to psych up in leveraging some law changes set to commence in the new financial year.

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Tips on How to Build your Business Brand

Posted by Shoebooks Team in Friday, June 15, 2012

Branding is very essential in businesses. No customer will ever want to deal with one that is not known in the industry it plays in. Even in buying small stuff, it is important to go for those which are known and reliable in the business world.

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Employment Data Fuels Aussie Dollar Rise

Posted by Shoebooks Team in Thursday, June 14, 2012

Last week, After the release of strong domestic employment data figures, the Australian dollar surged back towards parity with its US counterpart.

The Australian dollar had risen to 99.54 US cents in late afternoon trading. Just before the data was released, it was trading at 98.97 US cents.

The Australian Bureau of Statistics had recently released employment data that showed there were 38,900 more people who had found jobs in May.

However, there was an increase of 0.1 per cent to 5.1 per cent in the unemployment rate, as economists had forecast.

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What are the Benefits of Hiring a Professional Bookkeeper?

Posted by Shoebooks Team in Friday, June 8, 2012

Every business needs all the attention and careful planning it can get in order for it to survive and thrive. And among the things that it can benefit from include having bookkeeping software. However, not all business owners acknowledge the importance and help of such software. Instead, they prefer to do it by themselves and end up making all the mistakes in accounting and bring their businesses to the edge.

Another option to ensure a company’s efficient services and strong cash flow is to hire a professional bookkeeper. This person is experienced in the ins and outs of keeping records of transactions of a company. A bookkeeper helps out in the tasks of the accountant and makes the accountant’s work easier and more efficient.

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Small Business Management Ideas

Posted by Shoebooks Team in Tuesday, June 5, 2012

In these troubling times of our world economy, the way for business owners, whether SMEs or large corporations, to achieve maximum profit returns is to concentrate on effective business management.

Because of too much pressure, especially from the financial side, often basic management is overlooked. However, if a business is to survive and thrive in this current state of our world economy, the business must be managed effectively.

In effectively managing a small business, you must manage your time, resources and employees as effectively as possible.

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Australian Stocks Down to a New 2012 Low

Posted by Shoebooks Team in Thursday, May 31, 2012

With Europe trying to deal with its debt crisis, the effects have been felt by Australia as over $120 billion had been wiped off its shares in the market in the month of May. This has been the lowest level that Australia’s stocks had fallen in six months.

The market had plunged by 2.6 percent, wiping off about $35 billion from the local shares. With the market’s loss reaching $121 billion with its year’s peak on May 2, Australia could have already bought A380 super jumbo jets.

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$41,000 Tax Win for WA's Small Busineses

Posted by Shoebooks Team in Tuesday, May 22, 2012

Just recently, it has been revealed that almost 7000 of WA's small businesses have had a tax windfall.

A one-off payroll tax rebate awaits the almost 7000 WA’s small businesses as the Barnett Government commits to reimburse up to $41,250 each for the payroll tax in an attempt to bolster the non-mining parts of the economy.

But the WA’s small businesses will have to wait until next year to get the cash.

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