Money Talk

KPIs - How they work and why they're important!

Posted by Michael Youssef on Jan 2, 2020 9:00:00 AM

You may think Key Performance Indicators (KPIs) are tools used only by the biggest businesses, however even the smallest business can benefit from implementing even some basic KPIs into their business. In fact, the way you manage your team, you may already have a few KPIs in place without even realising it.

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Topics: small business, revenue, marketing, sales, business success, contractors, employees, processes, systems, mindset, Success

Think the ATO won’t come after you? Think again!

Posted by Michael Youssef on Dec 19, 2019 10:45:00 AM

Small businesses beware! 10,000 small businesses are set to be targeted by the ATO as part of their ongoing crackdown on the Black Economy. This is an increase from the 9,000 businesses targeted last year. So it's now more important then ever to make sure you're doing the right thing and getting the right advice!

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Topics: business, tax, small business, accountant, accounting, customer service, risk, processes, systems, ATO, Success

What it actually costs you to DIY

Posted by Michael Youssef on Dec 12, 2019 12:00:00 PM

We live in a truly exciting age! With so much information at our fingertips, we're almost instant professionals. If you don't know something google it, or go to YouTube. With that much information available to us it makes sense to Do it Yourself right?

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Topics: bookkeeping, accountant, accounting, cloud accounting, accounting software, processes, bookkeeper, systems, Success

8 More Ways to Get Repeat Business

Posted by H Youssef Accounting on Dec 5, 2019 12:09:00 PM

Here are 8 more ways to get repeat business! Because it's easier and cheaper to market to your existing clients then it is to get new clients.

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Topics: business, new business, relationships, business growth, marketing, sales, customer service, business success, Success

8 Ways to Get Repeat Business

Posted by H Youssef Accounting on Dec 3, 2019 10:45:00 AM

Your existing customers are your most valuable asset. This is because it’s easier and far less expensive to get an existing customer to buy off you again than to find new customers.

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Topics: business, small business, new business, relationships, business growth, marketing, sales, customer service, Success

Why did you go into Business? - Part 2

Posted by Michael Youssef on Nov 28, 2019 10:45:00 AM

In a nutshell, all businesses exist to solve problems. Why people engage with a business is because the business owner can achieve the desired result faster than the customer could achieve it themselves. 

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Topics: business, small business, new business, business growth, business structure, business success, business mistakes, mindset, Success

Why did you go into Business? - Part 1

Posted by Michael Youssef on Nov 26, 2019 11:41:00 AM

Its amazing how many times I’ve sat down with somebody and I ask, why did you go into business? And all I get are blank stares and no clear-cut responses. It’s rare that I get an answer with such conviction that it shows me why they started their business. Some of the more common responses I get are:

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Topics: business, owner, small business, new business, business growth, business success, business mistakes, mindset, Success

10 Daily Habits of the Most Successful Entrepreneurs - Part 2

Posted by H Youssef Accounting on Nov 14, 2019 10:52:00 AM

Continuing on from Part 1 of this post:

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Topics: business success, mindset, Success

10 Daily Habits of the Most Successful Entrepreneurs - Part 1

Posted by H Youssef Accounting on Nov 12, 2019 10:45:00 AM

It’s the little things that make up the big things. Here’s a list of ten traits of some of the movers and shakers in the world today (and from the past).

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Topics: business success, mindset, Success