Support and Assistance Through Covid-19   Try Abtrac free for 30 days

5 Things to Help You Focus on Business Management

Posted by Edward - CEO on 25/06/2020

You’ll be hard put to find a news site today that doesn’t have a bad forecast for the global economy.

Even locally we read that the majority of people in our lovely lands are inexorably falling behind economically. “The decline of the middle classes.” Indeed we probably all know people who are struggling right now, trying to keep up, trying to live within tight financial constraints.

Read More

Topics: In the workplace, Money Management, Staff Management

Successful business management: Project planning and management

Posted by Edward - CEO on 12/06/2020

Project Planning and Management

Every growing business gets to a stage where directors and managers get the feeling they’re ever so slightly ‘out of touch’. Things are too busy. It can get worse quite suddenly. Founders aren’t seeing the progress they’d hoped the business would have made across the range of jobs at hand. At the end of each week,  and at month end there is outstanding work that should have been completed.

Obtaining buy-in on expectations of work to be done by your staff is part of the recipe for success.

It’s not Big Brother. It’s plain and simple, good business management. Shying away from discussions on expectations will result in Parkinsons Law prevailing. That benefits nobody.

 

Read More

5 Reasons why it's time to replace your Excel timesheet

Posted by William on 11/06/2020

We’re more than halfway through 2020 and people still are using Excel timesheets!

These are the same people that get excited about driverless cars, being able to order your dinner from your smartphone or even having robots vacuum their house. The companies that give you these products are guaranteed not to record their precious information in something as simple as Excel, and neither should you.

Here are the signs it’s time to replace your Excel timesheets:

Read More

Is Your Business Throwing Away Money,  Rekeying Data?

Posted by Edward - CEO on 05/05/2020

In any business, the ability to efficiently collect and analyse data is widely acknowledged as key to its success. But incredibly, the widespread use of spreadsheets for data manipulation and storage is alive and kicking. Reports are delivered with much effort and often collated from data that let’s face it, is old.

I took an enquiry recently from someone. How could they better manage their costs in a firm of 40 staff. She started by saying their team of 10 full time administration and accounts people, “do everything for us”.

Since many of our clients run at ratios of 10:1 or 8:1 billable to non-billable staff I was staggered to hear of a ratio of 3:1. Upon further discussion it became clear.

Read More

Topics: In the workplace, Xero, Accounting Software, MYOB, Project Management, Job Management

5 Essential Working From Home Tips

Posted by Sharnee on 08/04/2020

With the coronavirus pandemic, a policy of home-working will be new for many businesses. Which means a lot of us are dealing with an unusual challenge of, for the first time, working from home, full-time.

Even if you’ve done the odd day here and there in the past, this is different. It’s sudden. And for an undefined period of time where potentially, your whole company is involved.

These 5 tips will help ensure you’re successful both in getting through your workload and maintaining your mental wellbeing.

Read More

Topics: In the workplace

7 Tips to Manage Your Business Through the Global Recession

Posted by Edward - CEO on 16/03/2020

How to steer your way through the Covid-19 recession.

At this stage we can only imagine what a pandemic really is like, and what impact it will have. Health professionals are saying nobody is alive today who has lived through a phenomenon like Covid-19. And they added it could last up to two years.

The probability of a global economic recession is high.

Whilst our own, and our loved ones and our community’s health is paramount, attention also needs to be given to the health of our businesses. This is the focus of this blog.

Read More

Topics: All