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STM Accounting Blog

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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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28 Jul

If I’m working ON my business what should I be doing?

I’m sure you’ve heard about the need to work ‘on’ your business as well as working ‘in’ your business. But have you ever stopped to think what exactly you should be doing?



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28 Jul

Do you need to improve the cash flow position for your business?

Turning a profit is at the heart of running any successful company - But without cash flow, you can't run your day-to-day operations or grow the business. 



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20 Jun

Making your business work for you: passing the business to the next generation

How do you get your business ready to hand on to the next generation? We’ve outlined five key steps for adding value to the business and getting a clear exit strategy in place. 



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20 Jun

Bringing your cashflow processes into the digital age

When economic times are tough, it helps to be in control of your cashflow. We explain how to improve your cashflow – and how this helps you run your business through tough times. 



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20 Jun

Business tips: Budgeting and managing cashflow

Do you know the best way to manage a project budget? We’ll help you build solid, workable budgets that can be easily tracked through your accounting system. 



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26 May

Denying deductions for ATO interest charges

After 1 July 2025 taxpayers will no longer be able to claim an income tax deduction for ATO interest charges.



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20 May

Tax measures proposed by the re-elected ALP

Australian Labor party (ALP) will form the government for a second consecutive term after winning the Federal election with majority seats. We have summarised for you, all tax measures proposed by the ALP throughout their federal election campaign.



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