Small Business Tips to help your Business
Welcome to Wayne’s small business tips to help your business.
These tips have been drawn from Wayne’s experience as a fully qualified Chartered Accountant for over 35 years including the last 23 years working with hundreds of startups, small and medium businesses as an Outsourced CFO and Business Advisor.
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Want a confidential discussion on your business situation, help with your grant application or to learn more about my Outsourced CFO Services, simply email or call me.
Scroll below to search for the Small Business Tips that can help your business scale and grow profitably. Just click on the tip you want to look at.

January 2022 jobs data
The January 2022 jobs data released by the Australian Bureau of Statistics last week, shows another jump in employment (13,000). But it was a mixed bag of results.

The Great Resignation and your Customers
There is another risk from the great resignation other than losing staff, and it may hurt your business more.

Free Cash
Learn about your Free cash and why understanding your Free Cash is one of the key reasons to look at your balance sheet. .

Update on Contactors vs Employees
Contractors vs employees – is a person engaged via an “independent contractor” agreement in fact a contractor or an employee?

The benefits of forecasting
The benefits of forecastingToday I want to talk about the benefits of forecasting for your business.Transcript Over the past couple of weeks, I have been working with many businesses helping them put down on paper their business projections for the new year. From the...

Business Success Rates
People often wonder about business success rates. Well, the other day the Australian Bureau of Statistics (ABS) put some data out on this

Why you keep running out of cash
This Thursday 10 February 2022 at 12.00pm I am presenting a webinar for business owners on “Why you keep running out of cash”

NSW Small Business Month Collaboration Partner 2022
The NSW Gov’t is looking for a Small Business Month Collaboration Partner to host event(s) to help NSW small businesses get back on their feet

Terminating casual employees
If you are worried about terminating casual employees, the Fair Work Commission (FWC) in a recent hearing has given some guidance

Quarterly Business Exits Sept 2021
Quarterly Business Exits Sept 2021Here is another example of the impact of lock downs on Australian Businesses. According to the ABS, there were 109,482 business exits in the September 2021 quarter. This is nearly 30% and 25,000 businesses higher than the same...

Employment Contract Tool
Need a formal written employment contract or agreement with your staff. Why not try the free Aust Gov’t Employment Contract Tool.

Student and Working Holiday Maker Visa Changes
Last week the Federal Government announced some changes to staff you employ who have a student or working holiday maker visa

Why a business prenup may be important for you
Learn why a business prenup may be important for you

December 2021 Jobs Data
The December 2021 jobs data released by the Australian Bureau of Statistics yesterday, shows another jump in employment (65,000)

New year crystal ball gazing
At this time of year many business owners look into their crystal ball and set themselves some new goals, objectives or targets for their business

November 2021 Jobs Data
The November 2021 jobs data released by the Australian Bureau of Statistics yesterday, shows a large jump in employment (336,000) as people return to work after the lock downs in NSW and Victoria are eased.

October 2021 Jobs Data
Despite the lockdowns easing on NSW in October, and the resultant increase in employed people in NSW, based on the October 2021 jobs data released by the Australian Bureau of Statistics yesterday, there is still a long way to go till employment in Australia recovers to February 2020 levels.

1 November 2021 Pay increases
Don’t forget the 2.5% 1 November 2021 Pay increases in respect of any staff on selected awards including hospitality, hair, beauty & fitness

Business Trust
Business Trust – Your customers, staff and suppliers need to trust that you will do what you say you will do.

With the “Great Resignation” coming will you employ Unvaccinated Staff?
With talk of the “Great Resignation” coming will you employ Unvaccinated staff?If we go back to May before the current shutdowns there were labour shortages in Australia just about across all industries and occupations. Businesses were already finding it hard to find...

September 2021 Jobs Data
The September 2021 Jobs data released by the Australian Bureau of Statistics yesterday, clearly shows how lockdowns adversely impact the labour market in Australia.

Is the light at the end of the tunnel the opening or the train coming?
With the current lockdown restrictions looking it is coming to an end, is the light at the end of the tunnel the opening or the train coming?

Will you serve Unvaccinated Customers?
Once restrictions around who you can serve, will you serve unvaccinated customers? Read on to learn the potential cost of such as decision.

August 2021 Jobs Data
If the Federal Government believes Australia will avoid going into recession it is not looking at the August 2021 Jobs Data

1 September 2021 Pay increases
Don’t forget the 2.5% increase in the minimum rates of pay for the first full pay period after 1 September 2021 in respect of any staff employed under the General Retail Industry Award 2020
