In any business, there are six cash drivers - six different areas within the operation that either generate or consume cash. Your job as a business owner is to ensure these cash drivers are managed effectively, either by you or someone else in your organisation.
As 2017 comes to a close, Jim’s Bookkeeping celebrates another year of growth where we have served an increasing number of customers across Australia.
National Franchisor Grant Meikle said Jim’s Bookkeeping had grown in 2017, with 12 new Franchisees starting their own franchise business during the year.
Starting a new business is always daunting and most of the time it will be overwhelming trying to do everything yourself to maximise your profits. Jim’s Franchisees are the same, there is never enough time at the end of the day, and often coming at the expense of their family life.
To help you meet your tax obligations, we have identified common mistakes made by restaurant, cafe and other catering businesses.
Below you can see how these mistakes can be avoided by doing things the Right Way, instead of the Wrong Way.
John Birse, ICB Director and Jim's Bookkeeping Franchisor, reviews some mobile payment solutions which enable businesses to get paid quickly and efficiently. Many are easy to set up and even work with your accounting program to allocate payments to invoices, reducing the time and potential errors of entering data at the time of sale.
Jim’s Tax gets rolling with great success thanks to the energy of Shirley Rawson in the Melbourne East region. Three new Franchisees have joined the Jim’s Bookkeeping team thus far in 2016, and all will be tax practitioners using the Jim’s Tax brand. Jim’s Tax is a newly
Jim’s Bookkeeping Australia is pleased to announce a partnership with Workforce Guardian. Jim's Bookkeeping HR Solutions will help our clients avoid costly Human Resources mistakes and make compliance easier.
Jim’s Bookkeeping North Queensland has provided payroll and bookkeeping services to Volunteering North Queensland
for several years, and is happy to have this contribution acknowleged following the 2015 National Volunteer Week.
Jim’s Bookkeeping has recently concluded its 2015 National Conference in Surfers Paradise. The 38 attendees at the Conference had the opportunity to receive in depth presentations from key industry suppliers.
Visit our Jim's Bookkeeping Facebook Photo album with more pictures from the conference. Simply click
Simply click here to view our
It’s quite common, especially at Christmas time, for employers to give small gifts to their employees as well as 3rd parties such as clients, suppliers, customers, contractors etc. These gifts typically take the form of bottles of wine, movie tickets, gift vouchers etc. The tax treatment of these gifts from an employer standpoint, depends upon
Increasingly many employers prefer to treat workers as contractors as it can enable them to cut costs in terms of workers compensation, payroll taxes and superannuation guarantee. They can also negotiate pay rates outside of normal wages and conditions, and do not withhold tax.
However, it is not sufficient to simply state that the parties
Introducing Forecaster - the instant cash flow forecasting that shows your cash flow for the next 30 days.
The beauty of Forecaster is that you can see every transaction that impacts your cash flow. Forecaster uses real data so you never have to deal with vague “totals” again.
Wondering about the options for marketing your business? There are numerous online and offline ways to promote your business, including networking, direct and indirect marketing, radio advertising, printed material and social media. Ideally, it makes sense to utilise a variety of the above methods in your strategies. For more information on this topic, see our
Any business owner knows that having cash on hand is vital when running an enterprise. In fact you don’t even have to be a business owner to be aware of this – running a household is probably enough to convince you.
It has probably become a bit of a cliché by now that businesses that fail to plan, plan to fail. Cliché or not though it remains pretty much fact – that without an initial business plan and ongoing planning and budgeting, any business is likely to lose its way, and possibly spend a lot of
Jim’s Bookkeeping has recently concluded its National Conference in Surfers Paradise. The 45 delegates at the Conference had the opportunity to receive in depth presentations.
Visit our Jim's Bookkeeping Facebook Photo album with more pictures from the conference. Simply click here to view our