If you’re looking to take your business to the next level, refresh your strategy, raise capital or make your business more profitable, a business advisor can help. Too often in business, business owners can be distracted by the day-to-day, with the big goals falling by the wayside. Business advisory services will help cut through the noise to get to the...

Seed capital refers to the starting capital needed to fund a startup’s launch. Sourcing seed capital is the earliest stage of capital raising and occurs before the business is even established. Seed capital will fund the initial steps in building the business such as developing a proof of concept or prototype, business planning, market research, product development, equipment, marketing, and...

Maintaining a tight and accurate inventory management process is a critical part of the supply chain for any product business. Timely order fulfillment, efficient storage and warehousing, and accurate forecasting of your ordering needs all depend on a reliable and transparent inventory management system. Integrating your inventory management system with your financial accounting system, such as Xero, is an excellent...

So, you’ve made the decision to move to Xero. Congratulations! The Xero accounting software suite is the best of the best when it comes to handling business finances. Xero will take your business’ financial governance to the next level. Whether you’re migrating to Xero from other accounting software like MYOB or Quickbooks or transitioning from a more manual accounting process,...

Keeping Company has been recognised as an ABA100 Winner in The Australian Business Awards 2021 in the category of Business Excellence! In their sixteenth year, the awards are an annual all-encompassing awards program that recognises organisations that demonstrate the core values of business innovation, product innovation, technological achievement and employee engagement via a set of established business and product award...

What is the number one factor which can sink even the most successful business? Cash flow. Maintaining cash flow is absolutely essential for businesses to operate successfully and sustainably. Without sufficient cash flow, you won’t be able to pay your employees or suppliers, cover your rent or purchase product, which can quickly cause the business to spiral out of control....

As a business matures, there comes a time when more sophisticated financial governance will be required. This often occurs when the business is on the cusp of significant growth, has ambitious goals, may be held back by limited insights into their financial situation, or is experiencing issues with cash flow, costs or profit. Whether your business is looking to take...

Under new changes to the Corporations Act 2001 (Cth) and the Treasury Law Amendment (Registries Modernisation and Other Measures) Act 2020 (Cth), Australian company directors are now required to verify their identity through a new director identification number (director ID) requirement. These changes came into effect on 1 November 2021. What is a director ID? A director ID is a...