Cash vs. Accrual accounting
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.
Technology’s Influence on Alternative Income Streams
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.
4 Ways You Can Work On Your Business (And Not In it)
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.
5 Ways Outsourcing Will Give Your Business A Boost
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.
5 Secrets to Success When Innovating Your Business
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…
What’s your money personality?
How are you with money? Are you an avid spender, saver, hoarder or are your finances completely out of control? Leah Oliver, Founder & CEO of Minnik Integrated Financial Solutions talks about understanding your financial personality and how it’s the key to boosting your bank balance and living a full, fun life outside of work.…
The Life Changing Moment When You “FIRE YOURSELF”
Are you one of those “business owners” who feels they have to control everything even though you have hired capable resources to manage these things?
How to Manage Your Business Cash Flow
Small to Medium Size Businesses (SMEs) often suffer cash flow problems, which of course restricts future planning and growth. Profits may be strong, systems streamlined, and the internals of the business are operating efficiently, but cash flow is letting the side down.
Introduce Your Business to XERO
We offer FREE XERO SETUPS enabling your business to experience the beauty of XERO Accounting Software. History conversions are low cost fixed fee with guaranteed accuracy and efficiency. Introduce your business to XERO today!
Company directors: Do you REALLY know your responsibilities?
Company directors especially need to keep in mind that the Corporations Act …