How to deal with seasonal staff
Let’s just say you’re a manufacturing and logistics business specialising in toys for every good girl and boy, and you need seasonal staff to get you through a large order this month…How do you go about it?This may be a magical time of year for boys and girls around the world, but behind the scenes it’s a mad dash to the finish line for many businesses.As we approach the Christmas season many businesses are gearing up for their busiest time of year, so hiring extra helping hands for the workshop may be on the agenda.How do you best do this to make sure you’re not understaffing or overstaffing? What do you need to do to make sure you can concentrate on what you do best?Plan ahead…If you’ve been a good boy or girl over the past year, you’ve kept sales and staffing records from the last year.There’s a reason why more data is on the Christmas wish list of every business owner big or small.If you know what happened last Christmas and how you dealt with that, refine the process for this year.If you don’t have this data, you’re pretty much putting the blinkers on Rudolph. His red nose may usually guide the way, but he may not know where he’s going.To read full article please click here. Article sourced from MYOB.com
Time to reflect and reset your business goals
It’s time to be bold, it’s time to be brave and it’s time to be savvy when it comes to your new financial year business goals.One of the key things you can do to succeed in the new financial year is to be organised from the outset, and make plans on how you want your year to run.You are in control of your destiny for the next 365 days!Just take some time to reflect on how your year has gone. Grab a piece of paper and start jotting down the following:What’s gone well?What’s hasn’t gone well?What are you grateful for?What have your learnt?What fabulous things in your business and your regular life are you going to take into the new financial year?What lousy things in your business and your regular life are you going to leave behindWhat are your goals and budgets?How are you going to track your goals and budgets monthly?To read full original article, please select here: www.myob.com
Do you know what is being said about your business online?
The Basics of Online ListeningKnowing what people are saying about your business online and on social media can be incredibly powerful. Why? Because monitoring your online mentions, or as it is often called ‘online listening’, can help you understand what your customers like and dislike about your brand, can help you keep track of your competitors and also provide access to an always-on, free focus group.So how do you do it? Below I have broken down the practice into three sections: Tools for listeningWhat to listen forManaging the data To read full article please click here: //www.myob.com/nz/blog/do-you-know-what-is-being-said-about-your-business-online/
Closing a Financial Year
This section describes the tasks you should perform at the end of your financial year.
Note that you don’t need to close your financial year at any particular time. You can continue to use your company file after the last month of your current financial year
Signs your client is about to jump ship
One of the hardest part of running an accounting business is finding good clients, but how do you tell when they’re about to walk away?