Tag Archive | Business
May 27, 2013  

Xero helps you to get paid faster

Xero has released a new update today which is Payment Services, which will allow you to get paid faster by your customers. What this means is that if you are signed up to one of the Payment Services supported, customers will be able to pay you immediately when they receive your online invoice, by clicking the “Pay Now” button. Not only will you get paid quicker, but it will also mark the invoice as paid in Xero.

The new Payment Services which are available for Australian Xero customers are:

  • eWay (to be released in a few weeks), and
  • DPS Payment Express
You can still continue to use PayPal to receive payments just like previously if your business isn’t large enough to set up one of the above.
Check out Xero’s video on how it works below, and read their blog post to find out more information.
May 22, 2012  

National Business Name Register

The ASIC National Business Name Register is due to go live Monday 28th May 2012! You may have heard of this but not known what it means… it is great news for small business as it means that your business name will be registered Australia wide not just for a state.  In the past if you wanted to register your business name but to stop other people from registering it in other states you would have to register as a company… this is no more.  When it goes live this is what it will mean for small business:
✔Businesses only need to register their name once on a single national register
✔Existing business names will be automatically transferred to the national business names register
✔Cuts red tape and compliance costs for business—easier, quicker and cheaper
✔Go online to our ASIC Connect portal—register, renew, search
✔Pay $30 to register for one year, $70 for three years
So when you need help with registering any business names, contact us as we are registered ASIC agents so can help get your name registered.

 

April 11, 2012  

The 5 steps of starting an online business

Starting an online business is easier than many people think.

1. Coming up with a product is the first and hardest part of starting an Online Business Startup. People need to think of a product they will love to sell and one that also potential clients need, so that in the end they can make a lot of money out of this. That is why you should first research the demand for that product and if you have people to market it to.

2. Your website for marketing the product needs to have a good layout and Shopping Carts should also be implemented. Regardless of how good the product might be, if the website doesn’t look legitimate, people cannot get to have buyers. Many times, on Websites that don’t look safe, people will think twice before giving out their credit card information. On the other hand if the website looks professional, they will feel safe doing so.

3. Sales and promotions are vital when it comes to starting out with a business online. It will not only help out with the business name, but will also give value. Furthermore, marketing the website and developing a customer base is also recommended, as traffic is the key of an online business. By submitting the website to online search engines, traffic will be increased a lot. Offline marketing is also important, even though the business is on the internet.

4. Advertising is very important when having an online business. This is because such a business cannot be seen by the potential buyer, unless the word is sent out about it. With no advertising, people will certainly have problems reaching the product’s website. With that being said, it’s mandatory to get as much traffic as possible. If there’s no traffic, there are no visitors. If there are no visitors, then there are no sales. And if there are no sales, people can’t make profits with their online business!

5. Last but not least, integration with accounting software Xero is vital. When people will purchase something from a website, their payments will need to be processed very fast and without any problems. Using it people will also find it easier to send invoice, so that payments and other related aspects of running an online business will be simplified. No more will they have to worry about dealing with software that is just too hard to understand, hard to use and overall unpleasant.

Running an online business may have been harder in the past, due to the lack of good software, but from now on those who run one such business can relax and stop worrying about it. With the available tools nowadays, businesses are not only simplified, but also improved and thus profits increased. In the end, who would choose to set aside such useful software which can even double their monthly earnings?

March 22, 2012  

iPad, Cash Drawer & Printer setup – with Vend POS

The guys at Vend POS have come out with easy to follow step by step instructions and video’s of how to set up your own Point of Sale system using your iPad, a cash register and receipt printer.

You can find out more here or contact us to help you set up Vend and Xero to manage your business better.