Apart from my weekly scheduled reading of business and taxation articles I ‘surf’ You Tube for ideas.  From time to time why don’t you start by typing something as simple as “small business ideas” into You Tube’s search engine.  You’ll be suprised at what ypou come up with.

Happy surfing.

Paul Bailey

In this issue:

1. Start 2011 on a positive note
2. Learning new business stategies
3. Business, marketing & social media
4. Watch out for sham contracting
5. Time to update your business systems
6. ATO extends business relief

We would also like to announce an association with Brett Eriksson from Financial Freedom.  I have known Brett all his life and trust that he will provide first class financial advice to our clients in the areas of:

• Life Insurance
• Income Protection
• Critical Illness Insurance
• Total & Permanent Disablement
• Business Expense Cover
• Key Person Insurance (Debt & Captial expenses and Revenue)
• Buy/Sell Insurance Strategies and Implementation

Brett’s advice is tailored to your personal needs.

Please call Paul Bailey on 9970 5267 to arrange an obligation free appointment with Brett Eriksson.

We hope you get some benefit from our current newsletter. Our aim is to cover business improvement strategies, as well as other relevant business matters.

Click here to view our February 2011 Newsletter

We hope you enjoy this brief, but informative read. Best wishes for 2011.

Forward this message to a friend

Sincerely,
Paul Bailey

E: paul.bailey@northernbeachesaccountants.com.au

P: 02 9970 5267

Desktop accounting software such as Quickbooks and MYOB, restrains the ability to interact because of the need to pass a datafile back and forth.  If the accountant needs to make changes to a client’s data, they need to obtain the file from the client, meaning the client had to wait for the file to be returned before they could continue updating data.

Today, with the use of accounting software online, this unnecessary process of transferring the data file back and forth is no longer an issue. There are a number of products in the marketplace that are offering customers online accounting. The main three available in Australia at present are Saasu, Xero and more recently MYOB LiveAccounts. We have tried all three and our preference is Xero.

The Main Features – Why we prefer Xero

• Ease of use – the layout within Xero makes it easy for a non-accounting person to understand
• Easy to learn – the design and layout makes it easy to navigate your way around. The online tutorials are also superb. They making learning Xero quick and easy. Take a look at the Xero online tutorials
• Powerful reporting options – get almost any data you need with reports that are simple to find and read
• Integrates well with other software offerings – this makes it possible to have all your products talking together. Take a look at some of the partner offerings that are available Xero Partners
• Grows with your business.

We are not alone with our thoughts. Here is some information recently released by Software Shortlist. Their results place Xero as their preferred choice out of 10 products surveyed (Clarity Accounting, Clearbooks, Kashflow, MoneyWorks Express, MYOB AccountRight Standard v19 (nee MYOB Accounting), Peach First Accounting 2010, Quickbooks Accounting, Saasu and Simply Accounting).

Follow this link for more information

http://www.skype.com/intl/en/allfeatures/subscriptions/

Create it using your location and what you do. 

www.northernbeachesaccountants.com.au did it for me.

Why is this a great domain name?  For the best reason possible.

It Googles sensationally.  Ans isn’t that want we want.

I live on Sydney’s Northern Beaches.  It isn’t referred to as the insular peninsular for nothing.

People find me by googling “northern beaches accountants”…voila…There I am…

http://blog.xero.com/2008/12/videos/

Please email me at paul.bailey@northernbeachesaccountants.com.au or call me on 02 9970 5267 for more information.