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Whether you’re solo or scaling, here’s our go-to list of tools (some free, some freemium) that help you eliminate repetitive tasks, save time, and run your business more efficiently — without the bloat or overwhelm.
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How to Reduce Churn Rate of Your Startup
Like your life, the health of any company cannot be measured just by profitability. There are many other metrics that you need to look at. One of the most important commercial metrics on your growth rate is the “churn rate”. This metric is more important for SaaS (Software as a Service) and other subscription-based businesses.
Today we’re going to talk today about different Internet connections that are available to us, with a focus on what you can do to utilise them by making sure that they’re within your budget and that they make sure they are the best option for your business.
Technology is supposed to make things easier, but sometimes it will end up complicating things even more. Business owners can end up running around in circles just trying to cope with their non-core activities. These non-core yet time-consuming activities are mostly related to technical support and customer care.
When you are trying to run a business, these time-consuming activities may frustrate you beyond comprehension, but they are still extremely critical to retaining your customers and building a good reputation. In order to fulfil all demands made to the business, support as a service was introduced.
Technology is all around us, and this generation is exposed to it more than ever before. Today I’m going to be going through hits and tips for your kids, or the kids you look after, to make sure that the relationship you have with technology is healthy.
The Best Accounting Software
Numbers, general ledgers, chart of accounts, reconciliation, linking bank accounts from one thing to another and then sending out your BAS. It’s something that unless you’re a number freak and a super geek and really, really enjoy the accounting lifestyle, you’re not going to enjoy that part about your business.
What Is Digital Transformation and How to Implement It
Modern business is super reliant on digitisation. Gone are the days when computers were frowned upon and looked on as a lazy man’s way of completing work. Today there is a massive focus on how fast and how accurately a job can be performed with minimum human intervention. The idea is not to take away the jobs, but to increase the pace of production and expand the scope of activities. Digital transformation is a blessing!
Burnout is a very serious matter for a lot of business owners. People get into business to get out of a nine to five, but a lot of the time, what happens is they find that instead of working a nine to five, they’re working a 5:00 AM to 9:00 PM, a five to nine. They don’t get to see their family as much. They don’t get to spend as much time at the things they were doing before, but as long as you’re passionate about what you’re doing, you continue to tell yourself that this isn’t work, this is fun. That’s perfectly fine, but everyone knows that you can’t have the good days without the bad days.
Ransomware – a Guide to Avoid Becoming a Victim in 2019
Cyber attacks with malicious intent are a common way for cybercriminals to earn money illegally. This issue is huge and that last year cybercriminals all over the world earned millions of dollars.
Who remembers the days of the filing cabinet? You know that thing sitting in the corner and every so often you’d open it up and clean through it and you’d go wow, okay, there’s a lot of stuff in here. You clean through it and you got it all thrown out, you got all the stuff that you needed from the last seven years for the tax man, you digitised it all, and you chucked it on the computer, but that could be just as big of a problem as what you did in your filing cabinet.
A Step-by-Step Guide to Starting a Business in Australia for Foreigners
Congratulations! You are finally going to become your own boss. You’ve rolled the dice and decided to start a new business venture in a foreign land. Starting something new is always terrifying and the excitement that accompanies it is an incredible feeling.
You want to do everything just right and leave no room for mistakes. For foreigners starting a business in Australia, the process can be hard. This will be especially true if you don’t know the right order in which to proceed. This post will help you sort it all out. Read on to find a step-by-step guide to starting a business in Australia as a foreigner.
Guide to Backlinking and Why It’s Important for Your Website
If you use your website as a source of income, you want to make sure that you are driving traffic to your business organically and not just through word of mouth. You definitely need to make sure you’ve got a world-ranking website. There’s been a whole bunch of different episodes I’ve done which discuss how to get a website ranking a bit better and make sure that you’ve got a good website, but we’re going to be talking about how to use backlinks today specifically.
What Is Hybrid IT and How Will It Transform Your Business?
There is a race that is occurring between companies all around the world to compete and excel in their digital transformation. Using the public cloud has seen exponential growth in recent years, mainly due to its scalability. Its limitless flexibility and minor capital investment have presented businesses with a new option to move away from traditional data centres.
What are the legal requirements for starting a business in Australia?
In every country, there are business laws and regulations in place to protect both the businesses and the people associated with. Being compliant with these laws will ensure the smooth running of your business and keep it legal. In this post, we share common legal requirements for starting a business in Australia.
Business registration is the first of the basic legal requirements for starting a business in Australia. Everyone who wants to start a business must register their business with the proper authorities and get an Australian Business Number (ABN).
Additionally, they have to register for all the taxes that are applicable to their particular industry. These might require you to register for Goods and Services Tax (GST), Tax File Number (TFN), and Pay-as-You-Go (PAYG) withholding.
The registration website of the Australian government will give you more information about the taxes, licenses permits, intellectual property ad other business regulations. You can also register a business name if you want to operate under a particular name, and if you want a unique business name that nobody else can use, you need to apply for a trademark.
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For your business to be legal, it has to follow government regulations for businesses in Australia, particularly fair trading laws. These laws are in place to make sure that you adhere to fair trading practices, maintain competitiveness and keep the customer informed. As a part of the fair trading practice, you need to know about the Australian consumer law in context to your business, comply with the competition and consumer act, Australian standards, and codes of practice.
You will also have to understand the nitty-gritty of selling goods and services. For this, you need to know about Australian trade measurement laws, pricing regulations, laws related to displaying prices, product labelling, rules concerning warranties and refunds and selling goods and services.
The next on the list of basic legal requirements for starting a business in Australia is contracts. As a business owner, you have to understand contracts, their terms and stipulations, before signing them. And you will be signing a lot of them when running a business.
When you agree to make a product or render service in lieu of money or any other benefit, it is a legal commercial contract and contracts are legally enforceable by the law. Failing to meet the terms of the contract are grounds enough for legal action against your company, so make sure that you’ve read and that you adhere to all clauses.
Privacy law regulates how the personal information of customers should be handled. Most businesses collect and store their customer’s personal information, but keep in mind that there are strict guidelines to make sure that such information does not fall into the hands of others.
You have to take every precaution to protect your customer’s personal data. If you need help with data security and data privacy, talk to us.
You can’t just decide to import or export products. One of the main legal requirements for starting a business in Australia is that no importing or exporting can be done without advice and information from the Department of Home Affairs.
Any intangible property which is a result of creativity like patents and copyrights is intellectual property. One of the legal requirements for starting a business in Australia is that you have to register your intellectual property in Australia.
Additionally, any goods that you export should not infringe the intellectual property of any other business. Understanding intellectual property laws is the best way to save yourself from legal and financial penalties and actions. Do a comprehensive search to be sure that it isn’t already registered.
When you employ somebody, you are responsible for them while they are at work within premises or if they are doing work outside the office. You bear many legal obligations towards them like paying fair wages, reimbursing them for any expenses related to work, following the guidelines laid down by the work health and safety regulations and codes of practice, and having adequate worker’s compensation insurance.
In a nutshell, you need to abide by the laws for employing people, and you must understand these legal requirements before starting a business and employing staff.
You don’t have to worry about your IT system. Why worry about recruitment and payroll when you can hire a fast-growing MSP to cater to your IT needs?
When thinking about the things you need to start a business legally, don’t forget about the legal risks associated with bullying and harassment of an employee or a group of them at the workplace. Bullying tends to put the worker’s health and safety at risk and should never be taken lightly.
If you want to limit your potential liability, take the necessary steps and minimise occurrences of bullying or harassment.
Today, governments are taking strict steps to ensure that all businesses are mindful of their obligations towards the environment. Robust environmental licences and permits are now included in the basic legal requirements for starting a business to make companies responsible for their environmental duties. These environmental protection laws are jointly administered by the federal and local governments.
Each and every business can play a role in managing the environment. However, the laws of the environment that are applicable to your business depends solely on your business type.
Marketing is an essential part of running a business. This is how you create brand awareness and reach out to the public. Quite often, companies use cunning marketing gimmicks to mislead consumers or customers. Sometimes they even use it to misrepresent the product or the service.
No matter which ends you look at it, the customer is the one who bears the brunt of this malpractice. When marketing your products or services, you need to work within the regulations that govern them. Marketing laws mostly pertain to advertising, spamming, pricing, signage, etc.
Do you want to learn more about the legal requirements for starting a business in Australia? Book a free, no-commitment consultation.
There are different business structures in Australia, and the most common are sole trader, partnership and company.
If you are starting a business in Australia as a sole trader, your business will have no separate legal entity. That means only you will be responsible for the liabilities related to your business.
If you want to register a business in Australia with another person or a group of people, you would consider a partnership. In this type of business, partners will have a partnership agreement and it will determine the profits of each partner.
A proprietary limited company is the most common business structure in Australia. There are more regulatory requirements for a company, but the company will remain a separate legal entity from its owners.
Grow your small business with the help of technology! Book a free, no-commitment consultation with a dork.
Starting a business is not easy. There are many things that you need to take care of before you can really start a company and keep it running. The legal aspect of starting a business in Australia is one of the most important.
There is so much you need to know in terms of legalities that you might find yourself confused and frustrated. The golden rule is to be on the side of caution. Make sure you’ve met all of the legal requirements for starting a business in Australia.
Before it becomes overwhelming, seek help from highly skilled practitioners and use good legal advisory services in your territory. Check out BGC Consultants or the tool called the Australian Business Licence and Information Service (ABLIS), which helps you identify all licenses and permits required for your line of business.
We offer custom IT service packages based on your needs and goals. Contact us to start building your business and grow with the help of technology.
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Challenges and Trends in Cyber Security – What To Expect In 2019
Global ransomware attacks were super common in 2018. The exact numbers are not available, but there were many companies that fell victim. Even the big players fell prey to cyber attacks, such as Facebook, Quora and Strava. The challenges in cybersecurity still remain the same in 2019. As we become more aware of cybersecurity attacks should be less successful, yet the mistakes happen time and again. The need for stringent cybersecurity is going to continue in 2019, so strap in as we cover the challenges and trends in cybersecurity and what to expect in 2019.
What Is a Domain Name and How Does It Work?
https://www.youtube.com/watch?v=CmuvfyuRTmg
Today we’re going to talk about domain names. We had a lot of questions come through last week about hosting and domain names and all sorts of stuff. People are like, “What’s a host? What’s a domain name? What’s all this stuff?” So, the easiest way to think about it is when you’re running a business, you have to have your business name registered. Then you can actually run your business.
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