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STM Accounting Blog

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21 Oct

Could your business survive without you?

Would your business fall apart without you? What’s your Plan B in case of accident, illness, or just so you can take an occasional holiday? If you were thinking of selling it, what’s your exit strategy?



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21 Oct

Cash is not profit and vice versa

Cash is King. To work out how fast you can grow your business, you need to look at your projected cashflow. 



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21 Oct

The value of cashflow forecasting for your business

A business cash flow forecast will give you vital business intelligence to help you scenario-plan, search for cost-savings and look for strategies that will preserve your cashflow position. Find out how it can help your business.



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29 Sep

Does your Aussie small business have a succession plan?

Research from MYOB shows nearly half of Baby Boomer business owners are planning to exit in the next 1 to 5 years. But do you have a succession plan in place to guide this exit?



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29 Sep

Keeping your tax and expenses in check when you are self-employed

Working for yourself or running your own business? Setup robust systems for expenses & tax requirements so you can focus on your important tasks. We can help take the headaches out of your business accounting. 



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29 Sep

The right to work from home: the potential impact for your employees and business

Proposed legislation from the Victorian Labor Government could offer your employees the right to work from home 2 days per week. We’ve outlined how to make the most of WFH. 



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29 Sep

Gen Z in a Boomer workplace?

7 in 10 managers liken supervising Gen Z to babysitting or parenting. But is your people management style what’s at fault? We explain how to get the best from your Gen Z employees. 



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18 Aug

The art of delegation

Effective delegation frees up time and boosts productivity by allowing others to take on tasks. Assessing the right person, providing clear instructions and setting timeframes results in enhanced team skills, better outcomes and higher productivity.



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18 Aug

5 ways to get in control of your business finances

We’ve got 5 simple ways to get more from your finances – by embracing the latest in digital accounting and finance apps.



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18 Aug

Understanding the impact of Cost of Sales (CoS)

Your Cost of Sales (CoS) is a vital financial metric to understand. We’ve highlighted 5 important ways that CoS impacts on your operational efficiency and your financial health. 



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18 Aug

Honesty is not a core value: Why you must dare to stand out

Core values define your business's identity and uniqueness. Focusing on distinct values that reflect your purpose and sharing and embodying these values fosters a stronger workplace culture and enhances relationships and results.



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28 Jul

The value of old-fashioned customer service: getting customer feedback

Your customers are one of your most valuable assets. But how often are you talking to customers and asking for their feedback? Here are 5 ways to improve your customer service. 



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