A major factor when deciding between using a recruitment agency and recruiting using in-house systems is COST. The hiring process involves many types of costs, and all of them can pile up. One type is the outlay to advertise your position, which can be expensive, if done incorrectly. Here are three tips to remember when […]
All small businesses aspire to grow. But where is the source of that growth? The common answer is “attracting new customers.” But this could come at a massive cost. Competition is stronger than ever. Moreover, marketing is harder now with the proliferation of Internet advertising and social media offering. Virtually all small businesses are online […]
Return on Capital Employed (ROCE) is the main measure to look at when evaluating the financial performance of a business. Aside from measuring the profitability of a business, ROCE also measures how effectively the capital was used. Basically, if ROCE is not high enough, it means something is not quite right. ROCE is the measure […]
Budgeting is part of operating a business. This task includes predicting your sales and distinguishing your Key Performance Indicators (KPI) to help you in preparing your budget. When you have come up with a figure, you and your team now have targets to meet so it’s worth all the effort. So, where do you begin? […]
It’s likely that you have purchased something from someone you don’t trust. But it’s doubtful that you’d dealt with the same person for a second, or even a third time. This is because it’s human nature not to deal with people that we don’t trust. Buzz words like solution-selling, strategic-selling and more recently social-selling are […]
How do your invoices in order without ruffling the feathers of your customers and suppliers? Here are some tips: Know your customers You can easily get information from credit reporting agencies to analyse payment problems in keeping with historic trends. This way you can adapt your approach as necessary. For example, when the information tells […]
Almost all businesses must work with third party suppliers in some form. This may include the supply of material goods such as retail stock or parts for your business’s manufactured products, or rendering of services such as skills outsourcing or tech support. Whatever the capacity is for your external working relationship, there are some important […]
Succession involves making sure the success of your business continues through a timed change of ownership and control. Who will take over the business, when will they take over and how they will they take over the business should be outlined clearly in a succession plan. Many owners feel daunted by the idea of handing […]
PJS Accountants
Level 1, “The Hub”
2 Loraine St
Capalaba, QLD 4157 Australia
Phone: (07) 3390 3177
Fax: (07) 3245 5726
Email: admin@pjsaccountants.com.au
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