Business News Update – 20 January 2021

Welcome back to another update from 2 Peas.  Read on for the latest news and some ideas to help us all move forward. Australian Consumer Confidence Clouded by COVID-19 in January Survey The Westpac-Melbourne Institute index of consumer sentiment released today fell 4.5% in January, from December, when it rose 4.1%. This is due to new outbreaks of COVID-19 in Sydney and Brisbane, though the spread has now been contained…  Read more

Business News Update – 14 January 2021

Welcome back to another week of Business News updates.  This week we also share some ideas to help us all move forward in a more positive way in the year ahead. 2 Peas Is On The Move We are super excited to share that 2 Peas has relocated this year to nearby Oakleigh.  Our beautiful new office space is bright, light and ready to house our expanding team and to…  Read more

Last Business News Update for 2020!

Thank you for your amazing support during this incredibly busy and challenging year.  We hope you and your loved ones enjoy a safe and healthy festive season.  We look forward to working with you next year and hope 2021 is a fantastic year for all! As usual, here are the latest updates and some ideas to help us all move forward. November Retail Sales Surge Preliminary data showed Australian retail…  Read more

Merry Christmas and Happy Holidays!

We look forward to working with each of you in the New Year and look forward to making a positive difference to your business. Have a safe and happy festive season and see you all in 2021! Our offices will closed from the 24th December, 2020 and will reopen again on the 5th January, 2021. Email us if you’d like to talk to us about your business in 2021!…  Read more

Business News Update – 16 December 2020

Welcome back to our Business News Update.  The count down to Christmas is on and hope that you are ready for a small break to rejuvenate for the year ahead.  We hope you keep safe and enjoy the holidays.  Read on for this week’s updates and ideas. COVID-19 Restrictions Ahead of Holidays Outlined State by State As Australia plans to reopen in time for Christmas and the New Year, authorities…  Read more

Have You Moved Your Brick and Mortar Store Online Yet?

COVID-19 pushed many brick and mortar retailers to shift online.  eCommerce is growing rapidly, and recent research estimates that it will make up over 22% of global retail sales by 2023.  Have you moved your retail business online yet? With these statistics and the changes, it’s more important than ever to take your retail business online if you want to stay competitive.  It adds another revenue stream and keeps your…  Read more

Business News Update – 9 December 2020

Welcome back to our Weekly Business News Update.  We hope you and your family are safe and doing well. Read on for this week’s updates and some ideas that will help us all overcome this crisis. Australia Bounces Out of Recession As Economy Grows 3.3% Australia’s economy grew by 3.3% in the third quarter as it rebounded from its first recession in nearly 30 years. This rebound in Q3 GDP…  Read more

2 Peas 2020 Christmas Message

To our valued clients, colleagues and friends, we take this opportunity to thank you for all your continued support throughout the toughest year. We look forward to making our business a part of your business growth strategy and success in 2021. Wishing everyone a very Merry Christmas and a safe, healthy, happy and prosperous New Year! Our office will be closed from the 24th December 2020 and re-open again on the…  Read more

Are you preventing your business from growing?

As a business grows, requirements change as do workflows and processes.  As business operations gain momentum and complexities increase you may feel overwhelmed by the influx of work which may also prevent your business from reaching its full potential.  It is a time to get some help! Accounting software like MYOB, Xero and Quickbooks are fantastic platforms to manage your business but can only take you to a point.  They…  Read more

Business News Update – 2 December 2020

These weeks are rolling ever so quickly.  Welcome back this weeks Business Update. We hope everyone is doing well and settling into eased COVID-19 restrictions.  Read on for updates and ideas that may assist you to overcome the crisis and to improve your business. South Australia Now Open to Victoria   Since 12.01am on Tuesday, the border with Victoria has been reopened, allowing travel between the two states. Victorians entering…  Read more

Do your apps integrate with your accounting software?

Are your Apps talking to your accounting software, MYOB, Xero or QBO?  Have you been struggling to connect these applications and finding that you have additional data processing or having to double handle information?  It is not easy to achieve a seamless integration and quite often clients attempt this on their own only to later discover that their financials do not make much sense or, their accountant raises many questions…  Read more

9 invoicing tips so you get paid faster

Are your invoices set up as best practice?  Do they outline your business products and services sold?   Do your customers have payment options in order for you to get paid? Even if you’ve been running your business for a while, you might be missing crucial information that should be includes.  So here is a step-by-step guide on what to include on your invoices to your clients. 1. Ensure your invoices…  Read more

Business News Update – 25 November 2020

Welcome back to our Weekly Business News article. We hope you and your family are safe and doing well.  Read on for this week’s updates and some ideas that will help us all overcome this crisis. Australia Opens Up More Borders in Domestic Travel Australia will lift more internal state border restrictions in a boost for tourism as new COVID-19 cases slow to a trickle, while the first vaccines could…  Read more

5 Ways to Manage a Healthy Cash Flow

It has never been a more significant time to stay on top of your cash flow.  We cannot express further the importance of properly managing cash flow in your business to ensure it runs smooth and for the the longer haul.  However, in times of crisis like the ongoing COVID-19 pandemic, this becomes more of a necessity for survival. If you are experiencing cash flow troubles, here are five things…  Read more

6 Common Accounting Mistakes That Can Impact Your Business

So many business owners manage their own accounting and bookkeeping requirements, particularly when just starting out.  Trying to keep track of everything from the finance-side to trying to grow your business including income to expenses to tax compliance– this can be simply overwhelming as well as risk adverse. It does not take much for things to go wrong especially if you are not aware of your compliance requirements.  Mistakes can…  Read more

Business News Update – 18 November 2020

Welcome back to another week of news! We hope everyone is doing well and keeping safe.  We hope this week’s updates and ideas provide some some insights that will help each our readers overcome some of the critical issues faced throughout the pandemic. South Australia ordered into lockdown for 6 days! The state of South Australia will begin a 6-day lockdown at midnight on Wednesday, with schools, universities, bars and…  Read more

7 Easy Ways to Reduce Your Business Overheads

Many small business owners recognise how challenging it is to reduce expenses without compromising internal or external quality. Regardless of the nature of your business, the first step to cutting costs and reducing your overheads is to take the time to go through every single expense you have.  From there, assess which ones are necessary for your business to operate smoothly, then trim down what can or even eliminate completely.…  Read more

Business News Update – 11 November 2020

Welcome back to our Weekly Business News. We hope you and your family are safe and well.  Here are this week’s updates and some tips and recommendations that may help us overcome this period of uncertainty. 12 Days with no new COVID-19 cases since February! Great news this week for Victoria who recorded 12 days with no new COVID-19 cases, and the rest of the country as Australia recorded its…  Read more

COVID-19 Business Update – 4 November 2020

Welcome back to our Weekly News. We hope everyone is safe and doing well.  Here are some of this week’s highlights as well as some ideas that will help most of us overcome this crisis. Victoria Reports No COVID-19 Cases For Fifth Day Straight Victoria, Australia’s coronavirus hotspot, reported zero COVID-19 cases for the fifth straight day as states started easing regional border restrictions. This increases the prospects for a…  Read more

4 Payment Options You Should Consider For Your Small Business

When customers make a buying decision, they’re not just considering the quality and price of your products or services, they’re also evaluating the ease and convenience of the whole buying process. As a business owner, you should offer different payment options to provide the best customer experience and to ensure you receive timely payments Here are four ways your small business can accept payments in 2020: 1. Credit and debit…  Read more