Four Best Communication and Collaboration Tools for Small Businesses

As more and more businesses are working from one, it is more important than ever to keep the communication channels accessible and open. This is quintessential to ensure that things are done in their time. But, in all honesty, now the emails are not enough. Today’s fast-moving companies are looking at multiple modern communication channels to boost productivity amongst workers and stimulate problem-solving.

Team using communication and collaboration tools

With features, such as screen sharing, group chatting, productivity tools, and video conferencing, the communication tools streamline the whole process of working together. However, the best kinds of communication tools do a lot more than just team chatting.…

Continue reading

ITR Filing: 7 Reasons Why You Should File Income Tax Returns

Your tax return is your sole responsibility. So if you generate income in Australia, you have to have a tax file number (TFN) and pay taxes using your earned money. You can compute the amount you need to pay for taxes in a specific year based on your annual tax return.

ITR - income tax returns filing

photo credit: Karolina Grabowska / Pexels

“Whether you’re a U.S. citizen or a green card holder living in Australia, you need to be aware of your tax obligations as a U.S. expatriate [in Australia], which can be a complex issue without guidance. For instance, if you earn income while on a short-term assignment in Australia, you are required to report that and any other income earned [in Australia] on your U.S.

Continue reading

When Spreadsheets Go Wrong: 5 of The Biggest Spreadsheet Fails in History

Spreadsheets are ubiquitous in modern day life. Used for everything from creating company budgets and managing personal finances, to calculating tax returns and producing graphs and charts, it’s no surprise that around half a billion people worldwide use Excel alone. But although spreadsheets are undoubtedly useful, like with any form of electronic document that stores data, they come with certain risks.

online spreadsheet

Because of problems like weak security measures and version confusion, it’s all too easy for things to turn sour. As noted by low-code application development software company EASA: “Issues like version confusion, cell type mismatches (for example numbers being recorded as text) and intellectual property vulnerability may occur, bogging down business processes, creating risks, and even derailing projects entirely.”…

Continue reading

Covid-Friendly Work Party Essentials

The COVID-19 pandemic has had one of the largest impacts on businesses worldwide. Workplaces and stores have been forced to shut down and work remotely for the past year. However, as the vaccine becomes more and more readily available to the average person, many businesses and workplaces have started to open their doors again. Even with this, many employees are burnt out from having to work remotely for almost a year.

Outdoor office party during the pandemic

If you, as their boss, colleague, and friend, are looking to award them for their work and help them get back on track to start working in-person, consider hosting some sort of covid-friendly work party!…

Continue reading

3 Tips for Running a Successful Retail Business

Retail is a notoriously tough industry. Customers are demanding, competition is fierce, and profit margins are often slim. However, don’t let this reality discourage you. There is still plenty of room in the retail world for small businesses to enter and find success. However, you’ll need to make some smart decisions to outperform some of the existing giants of retail.

Retail business

So, let’s take a look at the top 3 tips for running a successful retail business!

Focus on Your Customers

Many business owners fail to realize that they can’t find success without helping people. At the end of the day, customers are just people looking for a solution to a problem.…

Continue reading

Auto Dialer 101: What It Is And Why Your Business Needs It

Outbound call centers need various device campaigns to make their job more efficient. These call centers are typically responsible for conducting market research, lead generation, customer surveys, and cold calling. This industry has aggressive goals that are hard to reach through regular manual calling.

Outbound call center staff using auto dialer

Manual calling is a great way to waste your employees’ time. Most often, calls are disconnected or are left to answering machines. Sometimes, agents also face a busy tone on top of other menial tasks, like manually ending and dialing calls. That means the time that they spend talking is decreased because of these unproductive tasks.

You can change this by learning more about an auto dialer: its definition, types, features, and advantages.…

Continue reading

How Can Investment Advisors Manage Their Work?

Registered investment advisors can take different approaches to manage the work on behalf of the clients that they represent. Certainly, some approaches are better than others. However, utilizing tools such as CRMs, SaaS, and other software to streamline their client business is well worth it. Here are a few suggestions for the type of tools that can be utilized in their advisory business.

Investment advisory analytical tools

photo credit: Pixabay

Wealth Management

Managing various programs and billing for different products is difficult to do at scale. For some advisors that include both in-house products and those of third-party investment houses, it’s useful to cover both avenues of the business.…

Continue reading

Office Supplies: A Comprehensive Guide to Printing Inks

Even though we have shifted to digital copies for a lot of things, the need for hard copies will always be there for important documents in any official setting. However, very few business owners and office managers are properly acquainted with printers and printing supplies.

Printing inks

photo credit: Pixabay

As a result, they end up either overspending on printing supplies, or compromising the print quality. In this brief guide, we will quickly introduce the different types of printing inks so that better and more cost-effective choices can be made by everyone.

Toner Cartridges

Toner ink comes in powdered form, which is then fused onto the printing paper by a laser printer during the printing process.…

Continue reading

Here Are Perks And Lurks Of The Gig Economy You Should Know About

With all the time we have to reflect now, have you sat down and imagined a day where you do not have an office to report to, a boss to be bossed around by, and the freedom to work as per will? Well, all of this, which once existed only in films, or that’s what we thought, is now turning into reality as the world seems grimmer by the day.

Freelancer working on a gig

The Covid-19 situation has left many unemployed, some uncertain and others hopeless. In such uncertain times, one thing seems like the plausible solution, sustainable sources of income. In other times this would have been a difficult feat to achieve, but it no longer holds.…

Continue reading

Team Building Tips – Integrating Fun with Rewards

Encouraging people to work collaboratively is not only good for business, it also boosts employee morale. While nearly one third of employees are not particularly fond of team building exercises, research shows that teams are able to create a more productive and cohesive work environment, which in turn, leads to employee and client retention, as well as higher profit margins.

Team building activity

The key, then, is creating fun team building initiatives for your employees, while also integrating coveted rewards as incentives.

What are the Physical Limitations of Your Staff?

When deciding on a team building event, take into consideration that, ideally, everyone should at least be able to participate, if they so desire.…

Continue reading