COVID-19 Business Update – 7 May 2020

In this week’s update, as well as some updates on government support for businesses, we’ve included a number of resources to help with navigating your business out of the dire situation we’ve all been in. No doubt there are still tough times ahead but there are many reasons to be hopeful and we’re here to help you through it all. JobKeeper The first JobKeeper payments are expected to flow this…  Read more

4 Tips for marketing on a tight budget

During a financial crisis, a company’s marketing budget is often the first to go.  However, removing your marketing cost entirely is a dangerous move.  Although stress levels are rising and pressure is mounting as a result of finances it is now more crucial than ever to keep your marketing going.  It does not have to be at a big cost.  Try these tips for marketing on a tight budget. 1.…  Read more

Are you sure you are eligible for the government stimulus packages?

Our role as advisors is to support small businesses, but we cannot compromise our standards along the way, particularly as the effects of COVID-19 continue to rage on for our clients. The Tax Practitioners Board (TPB) together with the ATO recently released a statement as a reminder of the ethical responsibilities of accountants and bookkeepers. The core of their message was that the ATO will not look favourably on businesses…  Read more

Synnex Security Webinar presents 2 Peas, Webroot and AppRiver – “Secure Your Business Future”

Synnex Australia thank you so much for inviting 2 Peas to be part of your security webinar alongside industry leaders from Webroot and AppRiver to educate business owners on how to secure their business for the other side. With Coronavirus affecting the world and the sudden impact it has on businesses around the world security and future proofing our business has never been more relevant. Webroot educated the audience on…  Read more

Ways to run your business if your premises are closed

The pandemic has challenged many small business owners. It’s not easy to run your business remotely, especially if you’re not set up to do so. If you run a business that requires customers or clients to come to you, you might be very concerned about how you can continue to operate if your premises remain closed. If you have access to technology, are adaptable, and are willing to look into…  Read more

Communicating during a pandemic is key to business survival

Many small business owners are faced with difficult times ahead as a result to COVID-19.  It is an unprecedented time and one that will require you to have some difficult conversations with your suppliers, clients and employees that may be both uncomfortable as well as stressful. Whether you’re communicating with employees about business issues during the pandemic, hoping to negotiate a rent reduction or changes to credit terms, or asking…  Read more

JobKeeper Eligibility Tests Unveiled

The ATO has just released Alternative Tests for the JobKeeper payment which expands eligibility from the initial basic test. This is good news for many businesses, particularly startups, those affected by last year’s droughts and those with variable revenues. Basic Test If you satisfy the eligibility requirements for the basic test, you can ignore the alternative tests below. The basic test is satisfied where your projected GST turnover for the…  Read more

JobKeeper plus COVID-19 Update

The COVID-19 pandemic is impacting nearly every aspect of our lives and will be remembered as a pivotal time in history. Like any other event that impacts the world, we don’t know what the future will be like, but we do know that the other side of this will require resilience and creativity from all of us. In the spirit of resilience, we have put together some useful resources to…  Read more

How to market and sell remotely – free webinar

We’ve teamed up with the company that helps with our website and marketing to bring you a free webinar on how to market and sell remotely. They’ve been 100% remote for seven years but have built a global business and they want to share how they did it with you. I’ve attended webinars from them in the past and they are always practical and useful. They are going to cover…  Read more

Work from home and ensure business continuity – Webinar

Secure your business & run a modern workplace in the comfort of your own home Are you setting up a working from home environment? Join Synnex’s webinar on Wednesday to hear insights from industry leaders on how to keep your business secure while you work from home. With the increase of employees working from home, security has been more relevant now than ever. Webroot will dive into the current threat…  Read more

COVID-19 updates for the week

Here we are another week down! We hope everyone enjoyed their Easter break and is feeling a little fresher. Many of us are adjusting to a new normal – staying home as much as possible, whilst finding our groove working remotely, if that’s an option. The government is putting together financial resources to support small business, and many other businesses are doing what they can to help business owners keep…  Read more

What are the Trends in Business? The New Paradigm?

In the last two months, the world has changed. And with it, business has also changed in ways that are likely to be with us permanently. It is time to think about what the future is likely to bring to start preparing our businesses for the new reality. With bricks and mortar business being impacted by forced closures and social distancing, there has been a rapid move towards remote systems…  Read more

COVID-19 updates just keep coming so here’s what else you should know

10th April 2020 Rental waivers and deferrals for commercial tenants Prime Minister Scott Morrison announced some new measures for landlords and tenants on Tuesday 7th April. The new mandatory code will apply to tenancies where the tenant or landlord is eligible for the JobKeeper program, which means those that are in financial distress. This code was described to include “good-faith principles” where landlords must not terminate the lease or draw…  Read more

JobKeeper legislation has now passed through Parliament – so what does this mean for eligible Australian businesses?

The JobKeeper legislation was passed by the Federal Government yesterday with some additional amendments especially around the Fair Work Act allowing employers increased power to vary employment terms in order to assist them to stay in business and to maintain their workforce. So, what does this mean for Australian businesses, employers and employees? Up to 6 million Australians are about to start receiving $1500 per fortnight wage subsidy as part…  Read more

How to use video for more effective internal communications.

Companies and organisations have heavily relied on written communications to keep employees up-to-date on company policies, procedures and changes happening within.  Nowadays, more and more companies are switching to videos to relay information to their staff. In many ways, video is more effective than written communications. It grabs peoples’ attention, conveys important information quickly, concisely and is usually memorable not to say also quite practical. Consider that when someone needs…  Read more

How bookkeepers and accountants can adapt to a new normal, working remotely

Those businesses that don’t yet have remote measures in place are now scrambling to do so. More and more businesses are adapting to remote working environments and home offices as a result of the COVID-19 crisis. Bookkeepers and accountants are busy supporting their clients, especially with the release of the cash flow stimulus packages announced by our government. Prime Minister Scott Morrison to date has announced $214 billion worth of…  Read more

Is your supply chain at risk of disruption? Here’s some steps that may help

If your company relies on suppliers in various geographic locations, it’s likely that at some point your business will face a supply chain disruption. Whether that disturbance is caused by a virus, regulatory lockdown, international tensions, changes in local laws or a natural disaster, there will probably be scenarios in which your suppliers or transporters face obstacles that may affect your company. Here are some steps you can take to…  Read more

Make the right business decisions – using cashflow forecasts

With the COVID-19 virus, business is facing unprecedented impacts on their trading. Many businesses are having to cope with change and needing to make fast, informed decisions about what they need to do to stay afloat. And the key to staying afloat is having sufficient cash or access to cash when it is needed. There is no point finding out that you are in difficulties after the fact – you…  Read more

‘Job Keeper’ $1500 fortnightly payment makes up Government’s 3rd stimulus package

We seem to not be able to catch a breath from all the chaos of COVID-19, we have just got word of the 3rd stimulus package from the Australian Government. This package focuses on the ‘Job Keeper’ payment, aimed at helping businesses keep their staff, which will be a lifeline for many people over the coming months. Mr Morrison said the latest package, which comes on the back of two…  Read more

Do You Use Skype for Remote Meetings? Check Out Some Other Free Options

Are you looking into affordable video chat and voice calling options for your small business? Here are 4 popular, user-friendly alternatives to Skype which may help you connect seamlessly with staff, colleagues, and customers alike. Here is a breakdown of each app’s features to decide on the best fit for you. 1. Zoom Zoom currently boasts more than 40 billion annual user minutes, and its popularity continues to grow. Used…  Read more