Do you Want to work for yourself? Many entrepreneurs or home-based business owners are, or have been self-employed. It is recommended before you follow their footsteps, you do a thorough self-evaluation if you are really ready and suitable for adapting to the self-employment culture. Before you make the decision you need to consider the pros and cons of being self-employed. Pros of Self-Employment: Decide your own work hours Yes, you get to decide your own working hours and this is one of the most common reasons for taking up self-employment, as it gives you an opportunity for better work ho ..read more

5 tips that would help you in dealing with outstanding invoices and result in the success of your business Cash Flow cripples companies of all sizes. If your money is not in your bank account, you can’t spend it on the things that you need, and often not the customers you expect who will be late in paying your invoices. You have got to set your invoice terms and you’ve got to enforce them as well, therefore once you have done the work and you send the invoice out it must carry the invoice terms, because you only have a certain amount of time in your business to run it, and you can only work wi ..read more

Pendragon’s Director, John Glover created a business book – NWOW about how the future of work would change. Let’s see how he got with his predictions 8 years later. These were his predictions on the new working week . . . What the Four F’s of the New Working Week? Fearless Freedom Flexible Futurist Fearless freedom workers What is contributing to the shift into the new world of work? Technology advancement Global capabilities Diverse demographics Economic changes Social media Personal values and attitudes to work and life in general have changed. The new world model of employment ..read more

Pendragon’s Director, John Glover created a business book – NWOW about how the future of work would change. Let’s see how he got with his predictions 8 years later. These were his predictions on the millennials generation . . . What is a Millennial? The Millennial Generation  is generally considered to be those born between 1982 and 2002. A Millennial Misunderstanding There are a whole lot of myths about the millennial generation. A millennial worker brings more loyalty and less frustration than first assumed. The following are statements that are considered to be true by many peopl ..read more

An increase in highly skilled, contingent workforce has been driven by a complex combination of changing employer and worker attitudes and the rapid advancement of technology, led by developments in highly-advanced freelance management and marketplace platforms. With contract workers increasingly making up a larger part of the Australian workforce, it is important to tap into this trend and learn how to best use this talent pool for maximum business growth. As companies alter their thinking to answer the ‘How does work get done?’ question, one key statement is clear: We live in a New World of ..read more

Marketing, finance, IT and all the other basic departments that are required to run a successful business do not have to be done in house. While large corporation’s often have dedicated departments for all aspects of business, a smaller business may not be able to afford to have those dedicated departments or even employees. Australian organisations need to be well equipped and agile in order to challenge their competition and become successful businesses. Outsourcing is a great way to align yourself with a team of experienced professionals who support your organisation and its goals without t ..read more

Payroll, Accounts, Debtor Management – These are all painful tasks that take time and mistakes can cost your business hundreds, even thousands of valuable dollars With outsourcing becoming conventional amongst big businesses, more and more small businesses are finally seeing its benefits. From processing payroll to handling HR, outsourcing business processes can potentially save you time and money. Here are 5 of the biggest benefits which companies gain from partnering with reliable outsourcing back office services. Technology Currency Companies that specialise in a particular aspect of b ..read more

7 Signs of a Good Bookkeeper A bookkeeper is a bit like a GP – there’s one on every corner but great ones are hard to find. And when you do find one, you should never let them go. But how do you know if your bookkeeper is good or even better? Let’s start with what every bookkeeper should be before we look at what makes a great bookkeeper. 1. Training and accreditation Every bookkeeper should have some sort of formal bookkeeper or accounting training and preferably be a registered BAS Agent. A registered BAS agent means that the Tax Practitioners Board are satisfied that the bookkeeper has ..read more

Outsourcing is certainly not a new concept. It has been around for hundreds of years. According to Marty Pine (a recognised thought leader) outsourcing meaning is “the strategic use of outside resources to perform activities traditionally handled by internal staff and resources. Outsourcing is a strategy by which an organisation contracts out major functions to specialised and efficient service providers, who become valued business partners. Sometimes outsourcing involves the transfer of employees from the company to the outsourcing company.” In fact, many industries (like recruitment) rely on ..read more

Outsourcing means relocating business functions from inside to outside of your congested office environment, in order to achieve superior and sustained performance in a relentlessly competitive marketplace. To give you an idea how outsourcing can work for you, here are 7 key points when it comes to the benefits of outsourcing payroll and other fundamental business operations. 1. Focus On Core Activities In rapid growth periods, the back-office operations of a company will often expand as your company grows. This expansion may start to consume resources (human and financial) at the expense ..read more