The Power of Business Intelligence
The power of business intelligence for business owners is just now being fully realised There’s a massive quantity of data in various systems, financial and non-financial, that’s now available via cloud software. Tools for accountants exist to harness that data, process it, capture it in a visual and useful way and present that in a […]
Smashing procrastination
6 tips to beat procrastination In the week where Australia Zoo celebrated Bindi Irwin’s 20th birthday (can you believe it?), we stumbled across an interview with Terri Irwin in which she described her late husband Steve (the Crocodile Hunter) as the opposite of a procrastinator. Terri spoke of his eagerness to do everything right now […]
Improving business performance
10 ways to improve business performance Here are ten ways to make sure that you operate with purpose, vision and courage. You can super-charge your business and improve the performance of it! 1. ELIMINATE DISTRACTIONS Time is the scarcest resource and biggest killer of most businesses. Owners get distracted and focus too much time and energy […]
Getting your business ready for a new Financial Year
The new financial year is a good time to pause and review How have the past twelve months gone for your business? It’s also a great time to look for ways to plan and forecast the coming months ahead. We’ve put together some guidance on how you can utilise Omnis Group to review the previous financial year […]
14 Key Performance Indicators that matter
Identifying what to watch 14 Key Performance Indicators that matter As a business owner, it is your responsibility to pay attention to every detail of the business. From employee satisfaction to growth indicators, you need to be on top of how your company is performing at every turn. That’s why 14 entrepreneurs from Young Entrepreneur Council (YEC) were […]
Re-weighting your risk
Portfolio re-weighting is an essential risk management process that every investor should use But what is portfolio re-weighting and why should you do it? What is ‘portfolio weighting’? Portfolio weighting describes the percentage of an investment in a portfolio – usually by asset class. For example, a typical balanced fund will have around a 60 […]
Most Australian small business owners paid avg $50k
60% Australian small business owners are paid <$50k During an episode of Q&A this month, Australian Chamber of Commerce and Industry Chief Executive James Pearson said small business owners would benefit from a company tax cut in Australia. He said it would “help them be profitable”, allowing them to grow their businesses, employ more people […]
Making the most of managed funds
When people consider investing, many think about buying a house or shares. However, you may be better off pooling your money and using a managed fund to achieve your financial goals. Pooling power If you simply use your own money to invest you are limited in how broadly you can spread your investment. For instance, […]
Successful ventures don’t operate in the dark
Turn the lights on with Omnis Group and Spotlight Reporting Combining our expert advice with the visibility and clarity of Spotlight Reporting’s award-winning mix of performance reports, trend analysis and charts, we can help you to see the way forward and give you the competitive edge your business needs to be successful. The Omnis Group team is ready […]
Cash is king, cloud-style
We all know that cash is the lifeblood of a business Every year in most major economies, tens of thousands of businesses fail or are in acute distress. Even good businesses sailing too close to the wind can fail, often unexpectedly and with alarming speed. Without cash and liquidity, eventually a good business will be […]
