Starting and running a business involves a 50/50 blend of instinct and fact-based decision-making. And whilst you can rely on your own intuition and the wisdom of others...

Measuring and tracking inventory accurately is essential to a well-oiled operation. Not only do accurate inventory counts reduce the cost of carrying goods, they also help create satisfied customers by ensuring ordered goods are on-hand and properly stocked.

The stock take is a fundamental part of any business that deals in goods. It’s the only way you can keep track of inventory, see if your ordering process is efficient, and reduce over-stocking.

In the business world, keeping up to date on the latest technologies or products is key to earning success and maintaining it. If you currently use a server-based software, you probably get periodic updates from your software provider that, when you have the time, you dutifully upload to your computer

These days every ePOS, ERP, MRP, Accountancy system, etc has the ability to bulk import information using either CSV or Excel (if your system doesn’t then you should be asking yourself why not, as this is a basic requirement)

As small businesses know, bigger doesn’t always mean better. Being small has lots of advantages — but cybersecurity is one area where small businesses often lack the upper hand.

Accountants come across a variety of errors every day and from your point of view, reducing the frequency of those errors will save time on your accounting and ultimately the time saved will save you money. More than that the other incentive is that having the right management information circulating in your business will help you make the right decisions year-round. So, getting your bookkeeping in check really is a win:win.

Use the online margin calculator to find out the sale price, the cost or the margin percentage itself.

Businesses that participated in the scheme reported that, on average they saw their sales increase by 20%, with an 80% jump in sales leads and 3 in 5 exporting for the first time.

Now with the start of the new year it's time to review your Restaurant menu, this process seems more daunting very year. Even if you are running a legacy system or a new POS you should be be excited about this step