Is Paying Off Your HECS Debt Early a Wise Choice?

Understanding HECS-HELP Debt HECS-HELP debt is designed to provide financial assistance to students. It allows students to defer payment of their tuition fees and repay the debt later based on their income. It is crucial for students to understand the terms and conditions of this debt and how it can impact their financial situation. The […]

Tips For Keeping Your Business Data Secure

It’s no secret that data loss can be a costly nightmare for a small business, with recent studies showing the average cost of a data breach in Australia is now $4.1 million. Unfortunately, cyber attackers increasingly target small businesses because they are less likely to have security protection in place. Accidental loss or loss due […]

Is a Business Mentor Worthwhile?

“Mentoring is a brain to pick, an ear to listen, and a push in the right direction.” — John Crosby The opportunity to learn from a mentor can do more for a small business owner than any course, educational program, or degree. Being a mentee means you get the benefit of first-hand experience, without having […]

5 Environmental Conservation Tips for Small Businesses

Small businesses

While major companies create powerful green initiatives, many small businesses use the excuse of “limited resources” to do anything. However, everyone plays an important role in protecting the environment, and small businesses have a unique opportunity to involve their community of employees and customers. The most effective environmental conservation projects need not cost much more […]

Top 3 Business Challenges for 2022


Even the toughest challenge can be turned in your favour with a careful strategy and well-advanced preparation. Take a closer look at our Top 3 Business Challenges for 2022. 1. Attracting and Retaining Talent The Great Resignation is sweeping the globe and is barreling towards Australia. What businesses do in the New Year will determine […]

10 tips to reduce debtor days for small business owners


Steady, reliable cash flow is crucial for the survival of any small business – so taking steps to ensure your customers make payment promptly should be a key priority. When your clients consistently pay on time, you’ll avoid the dreaded “feast or famine” cycle. You’ll be able to pay your vendors, suppliers, and employees on […]

Lean canvas – a new way to do business planning

Lean canvas

Few business owners have extra time to devote to a lengthy business planning process. But every entrepreneur needs a solid blueprint to get their business successfully up and running. The Lean Canvas—designed by Sparks59 CEO and Running Lean author, Ash Maurya—is a simple, effective planning tool that helps entrepreneurs assess and test their ideas before […]

Update your business plan for a new financial year

Business plan

As another financial year winds down, it’s a good time to reflect on your recent business successes – and consider what you’d like to achieve in the coming twelve to fifteen months through a business plan. These tips can help you with the process of making plans to help guide your business to greater success. […]

5 ways to improve your business’ financial management


As a business owner, you know that proper financial management is the key to your business’ success. But you’re busy managing your business. And without the time to actually take care of the numbers, and the right financial knowledge, accounting mistakes do happen. Here are five things you can do to help you avoid these […]

8 ways for your small business to get paid faster

small business

As a small business, a regular and reliable cashflow is critical to your survival. You can’t wait around for your customers and clients to pay at a time that suits them. Receiving your payments on time, consistently, allows you to run your business more efficiently, and in turn allow you to pay your vendors, suppliers, […]