We are really passionate about Newcastle and the brilliant business community we have here. There are so many wonderful people doing great work to collaborate, educate and assist people in Newcastle. NEWi Awards held each year is a great example of this.
We get asked a tonne of questions about how to do certain things in Xero and we review hundreds of Small Businesses Xero files each Quarter. We've summarised the top mistakes people make & the most under-utilised but super helpful features.
Each year Xero hold a huge event to announce what's coming next. There are always some exciting announcements and this year was no different. From chatbots to machine learning the future of what's coming for small business owners is super exciting.
We get a lot of questions from clients about not being able to change invoices due to the period being locked. Here's why its super important to lock down your Xero File.
Did you know you can invite people into your Xero file just to draft Invoices? Or just to look at their own payslips?
One of the biggest benefits of Xero is the automation it can bring to your business. If you send Invoices to the same customer each month, quarter or year OR have the same bills from suppliers each month (even if not the same amount) you really should be using the repeating function.
Retail is a tough business. It requires a lot of focus and time but this shouldn't be spent on admin tasks.
Data is an amazing tool for every single business. Being able to pick out trends, compare to budget, and see where you need to work is really important for business.
Part of the reason we love Xero is because it allows small businesses to #banadmin. The less you have to do from an admin point of view the more time you have for the important parts of the business. Using Quotes in Xero is an awesome way to streamline your processes not to mention produce professional quotes that can be accepted by your clients.
The new Financial Year is a great time to sit back and review how you are processing in Xero and where you can make your life easier.
Only 1 more sleep till the end of Financial Year! Make sure you have all your i's dotted and t's crossed :)
You have your business finances sorted, but what about your personal ones? Your business is a vehicle to help build your wealth so it's important you have an understanding of what's happening with your business profits! So let's take a look at how to easily organise your personal finances
Each year the Fair Work Commission increase the amount you need to pay your employees. This year the increase will be 2.4% and starts from the 1st July.
Data is KING for every business, whether you are a brand new startup or a business that has been around for one hundred years. Xero has some great detailed reports so you can really understand what's happening in your business.
30 June marks the end of the Financial Year. It's a great time to review and reflect on your previous 12 months and also review and set some targets for the next 12 months. Your pricing is one of the things you should certainly review at 30th June.