Please make sure you are not using our custom header option and enabled theme builder setting. See here for more information: https://help.diviengine.com/article/155-using-divi-mobile-in-the-theme-builder

Reckon Blog

News and insights for small businesses

Get the latest industry news, including top tips from accounting and small business experts.
Strategic Plan Header

Follow our social media

Accounting software = banking + budgeting + tax prep + invoicing ✨ 💸⁠ ⁠ “Accounting” just means running financial accounts. While it’s important for small businesses, it’s also important for everyday Aussies just trying to earn a living 💪⁠ ⁠ Accounting software is like an all-in-one for managing your daily finances. With it, you could:⁠ 🤑 Connect your bank feeds to see your cashflow in real time⁠ 📊 Make budgets and monitor how well you stick to them⁠ 🏦 Store receipts for eligible expense claims, which makes tax time easier⁠ 🧾 Create and send easy-to-pay, customizable invoices, if you freelance⁠ ⁠ And more! Link in bio to see what else it can do 🔗 ✨
Don’t rawdog your invoice ⚡Slap a logo on it!⁠ ⁠ Every part of your business is an opportunity to make an impression, and nothing says, “Pay me” like a super slick invoice 🧾⁠ ⁠ So before you send it off, make sure your invoice has:⁠ 💃 Your name & logo⁠ 🎨 Your brand colours & fonts⁠ 💸 Items, total, & GST, if applicable⁠ 🏦 Payment due dates, details, terms & conditions⁠ 🗓️ Issue date ⁠ 🔢 Your ABN⁠ 🙌 The words “tax invoice” if you charge GST⁠ ⁠ Link in bio for a free invoice template 🔗 ✨
Which bank account should your business use? 🤑 🤔⁠ ⁠ It really depends on your needs! But you have a few main options to compare 💰⁠ ⁠ 🏦 Business transaction account: For sending and receiving money, paying bills, etc.⁠ 🏦 Business savings account: Set aside surplus funds while earning interest. ⁠ 🏦 Foreign currency account: Useful if you transact in currencies other than the Australian dollar.⁠ ⁠ Plus plenty of others!⁠ ⁠ The key thing to remember is that you should compare business accounts like you would personal accounts 🔍 ⁠ ⁠ This means looking at the rates & fees, terms & conditions, and the bank itself, so you can make a decision that works for your business! 💸⁠ ⁠ Link in bio to learn more 🔗 ✨
The power of coffee, praise, and passion 💪😏
It ain’t personal, it’s just business! 🙂⁠ ⁠ Handling angry customers and bad reviews is part of running a business. But while it can feel confronting and scary to deal with someone while they’re riled up:⁠ ⁠ 😮‍💨 Keep calm⁠ 🧑‍💼 Stay professional⁠ 🧐 Get curious⁠ 👂 Actively listen⁠ ⁠ A customer complaint is usually an opportunity in disguise. Genuinely angry customers will ghost you, but if they’ve complained, they *want* you to fix it! 🛠️⁠ ⁠ You don’t have to tolerate rudeness or abuse ❌ But if you can turn around their experience by approaching it as “us vs the problem”, you can potentially improve your business and convert a loyal customer!⁠ ⁠ Link in bio for tips and tricks how 🔗 ✨
😅😅😅⁠ ⁠ Not everything goes to plan, and that’s okay! A good business plan is thorough and detailed, but the BEST business plan can be changed 🍃⁠ ⁠ So if something isn’t working, review and update your business plan. It’s a great way to stay grounded and realistic as you chase your dreams 💕⁠ ⁠ Link in bio for a free business plan template 🔗 ✨
Okay, MANY choices affect your business, but this one is pretty big! 👀⁠ ⁠ How your business keeps track of its money is critical 🤑 There are two ways to do this — and to keep things consistent for the ATO, you need to pick and stick to one!⁠ ⁠ 💸 Cash Accounting: Records income when received and expenses when paid.⁠ 📈 Accrual Accounting: Records income and expenses when *earned*, regardless of when they were paid.⁠ ⁠ Cash accounting is typically used by freelancers and very small businesses because it gives a real-time snapshot of your cash flow 💰It’s pretty simple, too!⁠ ⁠ However, accrual accounting can sometimes give you a better idea of your company’s financial health 🔍 It’s also helpful if you plan to scale up or attract investors! 🚀⁠ ⁠ Still confused? Hit the link in our bio! 🔗 ✨
Who is your ideal customer? 🤔 💭 🤩⁠ ⁠ It’s very important to know your audience 👋 These are the people who sustain your business. ⁠ ⁠ But there’s a big difference between:⁠ 🫵 Your EXISTING customers, and⁠ ⭐ Your IDEAL customer ⁠ ⁠ Your EXISTING customers are your regulars: the real people you sell to 👥 Who they are, what they like and dislike, where they come from, and their daily habits. ⁠ ⁠ Your IDEAL customer is imaginary, but still useful! Think about who you WANT to sell to, and then use their traits to come up with a sales strategy 🙋⁠ ⁠ Consider your ideal customer’s⁠ 💡 Hobbies⁠ 💡 Interests⁠ 💡 Socioeconomic background⁠ 💡 Brand loyalties and buying patterns⁠ ⁠ For example, if your ideal customer is young and likes to shop online, you could try marketing your small business via social media platforms, like Instagram or TikTok 📲⁠ ⁠ So where do you start? 💡 Hit the link in our bio 🔗 ✨

Latest News 

Latest Insights

Latest Product Updates

Trending on Reckon