COVID-19 Update – Government considers economic ‘hibernation’ for businesses by providing rent, mortgage and energy relief as part of a third stimulus.

Businesses and as well as ordinary Australians have some further relief coming their way once the third stimulus package is announced any day now. Scott Morrison spoke yesterday saying that “what we will be announcing will be to seek to hibernate Australian businesses.” He will be unveiling his third stimulus package and day. The Prime Minister claims that our government’s intentions are to preserve “as much of the economy as…  Read more

COVID-19 Grants, Tax Breaks and Assistance Packages – Webinar Recording with Neto

It was a pleasure to be invited by NETO CEO Ryan Murtagh to participate in a joint free webinar to discuss how Australia’s changing landscape is impacting small business owners and what options are available by the Australia Government to help through the crisis. We covered various topics including what grants, tax breaks and assistance packages are available to Small Business owners during the Coronavirus crisis. We talked about the…  Read more

Useful information and resources on COVID-19

Over the course of a few weeks, nearly everyone’s business and life has been turned upside down. It’s been a crazy time with toilet paper shortages, businesses forced to close, an overload of information (and misinformation on social media). With the recent disruption in mind, we wanted to help support you however we can. We’ve seen a number of our clients already impacted by the virus and decided to put…  Read more

Free Webinar: COVID-19 Grants, Tax Breaks and Assistance Packages

Join Pam Madytianos, Business Advisor and Director of 2 Peas and Rxyan Murtagh, CEO of Neto as they run an interactive webinar discussing the grants, tax breaks and assistance packages available to SMEs during this crisis. The webinar will ran from 3:00pm – 4:00pm (AEST) on Wednesday, 25th March 2020 In the webinar you’ll learn: Grants, tax breaks and assistance packages available to SMEs during this crisis Your obligations as…  Read more

AUSkey finishes this month – So what do you need to do?

There’s a new way to access online government services. The way you access government services for both business and personal matters is changing this month. myGovID and Relationship Authorisation Manager (RAM) will replace AUSkey at the end of March 2020. We’ve detailed what you need to do and when, but please get in touch if you have any questions. What is AUSkey? AUSkey is a secure login that identifies you…  Read more

2nd Stimulus Package announced

The Australian Government has announced a second stimulus package as we continue to fight COVID-19. The $66 billion dollar coronavirus stimulus provides relief for small businesses, casuals and welfare recipients.  This combined stimulus of $189 billion dollars will hopefully reduce some of the impact Coronavirus is having on our community. Following the government’s first stimulus package less than 2 weeks ago, Treasurer Josh Frydenberg said “we now expect the economic…  Read more

Are you worried about your business?

Now more than ever, it is important to monitor your business performance and set up forecasts. You may need to make some tough decisions in the months to come. You need to know on a week to week, or even day to day basis exactly where your business stands. Cashflow Forecasting One particular area of analysis: cash flow forecasting is critical in determining whether a business will make it through,…  Read more

Are You Managing Remote Teams? Here Are Some Tips That May Help You

More and more business employees are now telecommuting, so companies around the world are restructuring their management practices to meet the challenges of collaborating remotely. Now with COVID-19 pandemic upon us more an more business owners will seek ways to continue working so by introducing remote teams it can be achievable.  Our business has been working this way for a while and it can work well.  Here are some tips…  Read more

What the Coronavirus Stimulus Package means for you

It’s hard to escape the news of the Coronavirus as it continues to have a huge impact on people across the world. Closer to home, the Morrison Government has announced a stimulus package in response to the anticipated economic downturn. This package includes a number of economic stimulus measures for the 2019/20 and 2020/21 income years, with most of targeted at helping small to medium-sized businesses. Here to help But…  Read more

Are you addicted to work? Here are 3 indicators that say you may be

Running a small business is is no easy feat. Entrepreneurs put in long days and hard yards as well as give up personal time to achieve success. There’s a fine line, however, between contributing some extra time and becoming addicted to work, and it’s important to know the difference between them. Being addicted to work—sometimes referred to as being a “workaholic”—can have serious repercussions to your personal life, health and…  Read more

Cybersecurity is such a hot topic, here’s 4 tips for business owners to enhance their own

As a small business owners it is only natural to have concerns about falling victim to cyber attacks. We hear all too often of business data being hacked or computers hijacked for ransom.  In the media we frequently hear news surrounding hacking and data breaches involving larger corporations, this is due to the fact that there is higher collateral damage with the victims being affected in the larger business. Hackers…  Read more

Salary sacrificing super changes effective Jan 2020! ***Important update***

Changes to Salary Sacrificing Super. There’s been an important change to employee super guarantee calculations, in relation to employees who salary sacrifice part of their wage or salary into super, resulting in paying less tax. The following information is an update for employers. Please contact us if you would like to chat. What is it? Salary sacrificing super is when an employee can ‘sacrifice’ part of their salary or wages…  Read more

Xero Roadshow 2020 – ‘It all adds up’

If you did not attend this year’s Melbourne Xero Roadshow 2020 here is some of what you missed: BIGGEST ROADSHOW EVER! WITH OVER 1,000 ATTENDEES The Melbourne event according to Xero was the biggest Roadshow yet with over 1,000 attendees and we were excited to be a part of it! The theme for this year was ‘IT ALL ADDS UP’ People + Product + Platform + Ecosystem + Insights =…  Read more

MYOB Incite 2020 – A Game Changer!

This year’s MYOB Incite conference brought us a roadmap that will be a game changer for SME’s, Partners and MYOB, and was supercharged with excitement with the news about the changes coming. It was quite the turnout at the Melbourne Convention and Exhibition Centre. The room was buzzing with Certified Consultants, Bookkeepers, Accountants, App Partners and the MYOB team. Greg Ellis – MYOB’s new CEO Meet Greg Ellis – MYOB’s…  Read more

ServiceM8 is now my best mate

My new client purchased an existing business which required them to book jobs for residential customers whilst also scheduling them with their installers. Having a breadth of experience with accounting software and the latest breed of apps, I set out to change their world! The previous owners were using outdated, manual business systems. The business needed a new life and with that I sought the best breed of add-on software…  Read more

2 Peas Christmas Message for 2019

To our valued clients, colleagues and friends, 2 Peas would like to take this opportunity to thank you for all for your wonderful support throughout the past year.  Our team are looking forward to working with you all in 2020. We wish you all Happy Holidays and a prosperous and safe New Year in 2020. Our office will be closed from the 21st December 2019 and re-open for business again on the 6th January 2020. Enjoy a little jingle on behalf…  Read more

SMART Goals Achieve Business Success!

As a small business owner, you are always striving to find ways to achieve more. Maybe you made a New Year’s resolution last year or are now thinking forward to what you would like to achieve in 2020. You might have resolved to make more money, find more clients, or grow your business. It’s always great to have an idea of what you want to do, but how will you know whether or not you’ve…  Read more

3 Ways Your Customers can have a Great Payments Experience

2 Peas loves exploring the best of the breed of Add-Ons that extend functionality to core accounting platforms like MYOB, Xero and QBO. One of our valued add-on partners ezyCollect has not only helped our business but also many of our clients with their debtor management solution. Many successful businesses already know this—focus on service and the sales will follow. The service-over-sales approach can extend to every customer touchpoint, accounts…  Read more

5 Reasons why collaboration is essential to a growing company

There’s many elements that are vital to a growing company’s success. A financially-astute leader is one. A confident and motivated sales team well-versed in a company’s services and products is another. But starting and growing a business requires more than employees with extensive functional skills and appropriate personal characteristics. Growing a business requires collaboration – namely, the deployment of employees in a way that allows them to work together to problem-solve and act…  Read more

Do you have a financial plan for your business?

A financial plan is a must!  Depending on the current state of your finances, financial freedom might seem a long way away. It also means different things to people.  Like not having to worry about how to pay the bills and investing your money so that it works for you—this is a far off dream. What is difficult for people to understand is how close financial planning can get you to that wonderful dream. Financial planning…  Read more