Setting up your own business can be one of the most exciting and daunting, things you’ll do in your working life and there are many reasons for taking on the challenge. Maybe you’re escaping from the 9-5 (be warned start-ups are often more of a 5-9), exploring your creativity, or realising a dream.
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Now is the time to reassess your current financial position and start tax planning for the year ahead. By starting this process in April or May, you can springboard into the new year with your goal-supporting affairs in order – rather than scrambling to pull it all together when the clock strikes midnight on 30 June – and potentially missing out on valuable tax savings!
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Ever thought about making a bit of extra cash by renting out your home on Airbnb, or building a granny flat in your backyard? Or perhaps you’ve already jumped upon that bandwagon?
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At Minnik we have introduced HubDoc as a mandatory requirement for businesses that outsource their accounting function to us. This product has enabled us to remain within budget and package when supplier issues become tedious and time consuming. The result is happy bookkeepers and suppliers, and even happier clients.
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Minnik are working with TRADIEPAD, a team of dedicated former tradies who recognised from their own experience that business owners in the construction and field services industries needed help.
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Not sure what method you should use to manage your books, or which one is best suited to your business? Here’s a quick guide to help you understand cash and accrual accounting, and the pros and cons of each method.
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Here at Minnik, we’ve been helping businesses for over 10 years, and use XERO accounting software to allow you to work ON your business and not IN it. If you’re interested in learning more about how XERO can revolutionise your business financials, you can reach out to minnik.com.au.
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Here at Minnik, we’ve been helping businesses for over 10 years, and use XERO accounting software to allow you to work ON your business and not IN it. If you’re interested in learning more about how XERO can revolutionise your business financials, you can reach out to minnik.com.au.
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Outsourcing. A term which over time has had both positive and negative connotations. Outsourcing involves businesses employing expert teams in a variety of fields, and utilising their services to help their business in a range of business administrative or growth-related activities. Here are five of the ways that outsourcing can benefit your business.
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Innovation Innovation is a term often thrown around by businesses, ranging from small to medium enterprises, right through to the largest corporations in the world. Although a term growing in popularity, many small business owners are still understanding that to continuously innovate your business means to continuously improve your business. Whether it be processes, workplace…
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