Blog

View a selection of articles and blog posts by Trak Accounting.

The Importance Of Cloud-Based Accounting
March 02, 2016
When it comes to understanding how your business is performing and how it might perform in the future, the most important tools at your disposal are the numbers coming out of your accounting software. Historically speaking though, getting the right numbers into your accounting software so you could output accurate Read More »
10 Benefits of Tax Planning for Businesses
March 02, 2016
Tax planning can have some great benefits for any business, large or small. It involves evaluating the business’s current financial situation, estimating probable profit or loss for the next quarter, and drawing up strategies to minimise tax while maximising the value of the business. Save tax. The main objective in Read More »
Taking the Next Step on Anti-bullying Education
February 18, 2016
We wanted to give a big shout-out to Donna and her team this month because we love what they do and want to help them share their show with as many children on the Gold Coast as possible. Professional Comedian/Entertainer Michael Bennett and Personal Trainer/Entertainer Donna Perfect make up the Read More »
Linking KPI & Bonuses to Develop Strong Teams
February 08, 2016
In business, one of your most important resources are your staff. And in order to get the most out of your team, you need to consider how you motivate them daily. Whilst culture and atmosphere play a very significant role in that motivation, today I will focus on motivation Read More »
How to Set Specific Financial Targets
February 07, 2016
Together with clear mission and objectives, the financial targets are the foundation of any successful business. So I just wanted to share a few thoughts around initial steps to start the process of setting targets If you don’t know where you’re going… Every business needs goals. And while many business owners Read More »
The Top 10 Mistakes Start-ups Make – and How to Avoid Them
November 10, 2015
Most start-ups – maybe as many as 90% – fail. That’s a daunting statistic! However, most of these failures weren’t inevitable. With more knowledge comes a far better chance of turning a start-up into a solid, established business. We’ve put together the top ten mistakes that start-ups make – Read More »
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