The Small Business Lounge

You have put in the time and effort, and now your business is growing, just as you had imagined. Even though the success is wonderful, your flourishing company may be at risk of underinsurance. This is especially true if you have not reviewed your coverage recently. Business Australia’s recent report shows that two-thirds of Australian businesses do not have adequate insurance cover. The consequences of underinsurance can be devastating. You stand to lose everything you have worked so hard to achieve. To protect your business and yourself, you need to take a proactive approach to your business insurance. Plan to make updates before it is too late. While each business will have different specific insurance cover needs, here is a list of several types of business insurance policies that are standard for a significant number of companies across numerous industries.

What is a Money Mindset? It’s how you think about money and its role in your business. Shifting your mindset can change your approach to growth and success! Here are a few key shifts for small businesses: 1. Celebrate the small wins—they’re the foundation of big success. 2. Let go of scarcity—there’s always more opportunity to create. 3. Focus on value, not just cost—deliver quality, and the returns will follow.

Over the past few months, Jess Scott, our Head of Advisory, and Marivic Pineda, our Senior Bookkeeper, have had the privilege of working closely with the Wagyl Kaip Southern Noongar Aboriginal Corporation (WKSNAC) to support their critical compliance needs, manage government contracts, and assist with acquittals and their annual audit. By taking care of these important financial and administrative tasks, they’re enabling WKSNAC to focus on their core mission—training and managing Rangers to protect and preserve the vast national parks across the Great Southern region. From Albany to the Stirling Ranges, these Rangers are ensuring the ongoing stewardship of Noongar land, culture, and heritage for future generations. It’s an honour to support such a vital organisation in its work to safeguard the cultural and environmental legacy of the Noongar people.

You are about to set up your first business. Congratulations! You have so much to look forward to, and so much that must be done. It is easy to feel overwhelmed when you look at the extensive list of responsibilities that fall on your shoulders. Here is a guide that breaks the list into manageable pieces so you can enjoy your new endeavour.

Over the past few months, Jess Scott, our Head of Advisory, and Marivic Pineda, our Senior Bookkeeper, have had the privilege of working closely with the Wagyl Kaip Southern Noongar Aboriginal Corporation (WKSNAC) to support their critical compliance needs, manage government contracts, and assist with acquittals and their annual audit. By taking care of these important financial and administrative tasks, they’re enabling WKSNAC to focus on their core mission—training and managing Rangers to protect and preserve the vast national parks across the Great Southern region. From Albany to the Stirling Ranges, these Rangers are ensuring the ongoing stewardship of Noongar land, culture, and heritage for future generations. It’s an honour to support such a vital organisation in its work to safeguard the cultural and environmental legacy of the Noongar people.

Think of us as your fully outsourced team, invested in your growth from every angle. Our blend of expertise across finance, marketing, advisory, and insurance makes sure every aspect of your business is in safe hands. Curious to learn more? Visit our website to discover how we support businesses just like yours!

We thrive on partnering with ambitious business owners who want to see real results. If you’re ready to level up, swipe to learn more about our unique approach to business support! Whether you're in trades, hospitality, or the creative space, we're here to offer year-round support – not just at tax time! Ready to chat? Book a FREE discovery call via our website.

Are you a small business owner feeling overwhelmed by juggling multiple agencies? We get it - managing all those moving parts can be exhausting! As someone who's been in your shoes, we started The Small Business Lounge to support fellow small to medium-sized business owners like you. Our mission is simple: to provide all the essential services you need under one roof. From bookkeeping and financial planning to marketing and web design, we're here to support you every step of the way. Need help? We're offering FREE discovery calls through our website! Let's simplify the process together, so you can focus on what truly matters - growing your business with ease!

We specialise in helping our clients set up cloud-based accounting software for their businesses. As Xero and MYOB certified advisors, we can recommend the best solution for your business, help implement it, and train you or your staff. Whether you need the initial setup of the software, are looking to switch accounting software or want to learn how to get the most out of your software based on your individual circumstances, we are here to help you. Switching to an online cloud-based accounting software system can help your business get more efficient, streamline your administrative processes and save the business time and money. We offer various solutions for setting up your accounting software file. Please book a complimentary discovery call to learn how we can help. https://lnkd.in/gGpEGHHM

Running a small business is a journey, not a sprint. It's the little steps taken every day, the constant dedication, and the resilience to keep going that lead to big wins. Keep pushing forward, stay consistent, and success will follow!