How to Choose a Business Mentor
It can be tough to find business mentors that add value. You want to like your mentor and become mates. He/She needs to see your [...]
One of our core values is ‘learning’ so we aim to share business ideas and discussions with the food industry to prompt business owners to make better decisions and ask challenging questions. Information within our blog and website is general advice only which is available in the public domain. It is not tax advice. Tax, payroll and compliance information changes on a regular basis so always refer to Fair Work, the ATO, Tax or BAS Agents and state or industry bodies for compliant advice relevant to you.
Financial Relief & JobKeeper during coronavirus (COVID-19)
Regular updates on JobKeeper, Financial Relief and Government's Economic Response to Coronavirus COVID-19 - - Simplified and much more. This information is for businesses with [...]
Business tips & Industry Changes – coronavirus (COVID-19)
We've all been impacted by the global economical fallout of coronavirus. I can't promise your business will survive but this moment in time will pass [...]
Bookkeeping solutions for your quarterly ATO obligations
Every quarter of each financial year, your business must meet certain reporting obligations set by the Australian Taxation Office (ATO). These include Business Activity Statements [...]
Hospitality Award changes
What are Modern Awards and why do reviews matter? Modern Awards are in place to ensure employers and employees are following the legal requirements and [...]
Which business receipts should you keep?
You may be wondering why your bookkeeper wants you to keep all the little business receipts or tax invoices from every single thing that you [...]
6 Inventory Management Techniques for Food Businesses
Stocktake is an exciting activity for restaurant and cafe owners - said no one ever. Inventory management can be a daunting task but it has [...]
Pros and Cons of Charging Surcharge on Public Holidays
It’s a controversial topic every time a public holiday rolls around. Should cafes and restaurants charge a holiday surcharge? Many customers think not and complaints [...]
Shark Tank: Steve Baxter’s Top 21 Business Tips
Steve Baxter is a well-known investor on television show Shark Tank, and international entrepreneur. Based in Brisbane, he looks for business opportunities for fun and [...]
8 Simple Steps To Set Up Your Restaurant Bookkeeping System
An efficient bookkeeping system with integrated security measures is essential to run a successful restaurant. We understand that food business owners like you are busy, [...]
5 Costly Mistakes To Avoid In Restaurant Bookkeeping
Running your own restaurant is challenging — but deeply rewarding. To help your food business survive and thrive, we’ll discuss the 5 most common mistakes [...]
How To Apply The $20,000 Instant Asset Write-Off To Your Food Business
The 2018-19 Federal Budget has extended the $20,000 instant asset write-off scheme up to 1 July 2019. This enables small business owners with an annual [...]
7 Latest Email And Phone Scams Targeting Australian Businesses
Scams cost Australians millions of dollars per year. Aside from consumers, scammers also target businesses like restaurants and cafes. They take advantage of busy times [...]
Xero Tracking Categories for Restaurants & Cafés
Business expansion is an exciting opportunity for restaurant and café owners. Nothing says success like opening another restaurant or café under your name. Keep track [...]
Bench-marking Your Restaurant, Cafe or Take-Away
Hospitality management is more than cooking and hiring staff. You need to know the bench-marking numbers for your industry. This will guide you to know [...]