XAM Consulting and 542 Partners; A story of success

Craig542 Client Stories, General

  What was once a small software company, is now a thriving business in the technology industry that partners with some of the world’s leading technology companies. Natalie Ridland, Financial Controller at XAM Consulting tells the story of when they first partnered with 542 Partners. “One of the biggest challenges that we set for ourselves was that we wanted to … Read More

The future of integrations is endless with Xero

StuartBusiness Process, Business Technology, Cloud Accounting

If you don’t already utilise Xero technology in your business, you may want to rethink after reading this blog. With already over 800 third party apps able to integrate with your Xero account, Xero are constantly looking for new partners to help streamline processes for businesses of all sizes.   What’s been available? Bank feed integration has been around for … Read More

Income protection and key person insurance; How to know you have the right policies for you and what to do if you already have insurance

CraigBrett Wright, Business Process

If a serious illness or accident occurs, particularly to business owners and/or the key personnel, the business may suffer a significant loss in terms of cash flow, turnover and turnaround of products and services… just to name a few. Income protection and key person insurances are critical to ensuring the survival of your business. For most of us, our ability … Read More

One in two Australians will need to claim for a critical illness during their working life; Make sure you have the right income protection.

StuartBrett Wright, General

  One in two Australian’s will need to claim for critical illness during their working life, but many don’t have the right insurances in place to cover both their business and their family. Income and life protection are much more than a cheap policy put in place for emergencies. They can protect against losing your home and business in the … Read More

Out with the old, in with the new; How to determine your marketing budget

StuartGeneral

How much should I spend on marketing? And how much should I expect to get back in return? It’s challenging to attribute one single activity to one sale and as content marketing and social media become large players in the marketing space, it’s getting even harder to say what one single blog post or Facebook post contributed to your daily … Read More

Client stories: The K.I.S.S Marketing Agency

Stuart542 Client Stories, Darnelle O’Brien

  Darnelle from The K.I.S.S Marketing Agency partnered with 542 six years ago when she began her business journey. “I’ve gained a true partner in my business to direct and guide me throughout my financial business journey. 542 have gone way beyond what I expected of a traditional accountant.” – Darnelle 542 Partners came on board as Darnelle’s first client … Read More

Start the New Financial Year the 542 way

CraigBusiness Process, General

A new Financial Year means a fresh start! So, if you haven’t got your business processes in order, now’s the time to get organised so your 2019/20 financial year is smooth sailing. Mark your calendar First things first, get your calendar in order. If you’re not sure of important due dates for this Financial Year, don’t worry – we’ve done … Read More

Tips, tricks and helpful hacks to make tax time a breeze

StuartCloud Accounting, Tax

It’s no secret we love Xero! And even though the platform is super user friendly and easy to navigate, there are hidden hacks that our savvy senior accountants, use every day. Never ones to hold onto our knowledge, check out their favourite Xero hacks, that will save you time.   Holly’s Tip: Repeating bills and invoices For regular bills and … Read More

Key tax changes that may affect you

CraigTax

With less than four days until the end of the 2018/19 Financial Year, it’s time to pull out that tax time check list and make sure everything is in order. Particularly this financial year, there have been significant changes to business and personal tax, which you should be aware of, before lodging your return. Not sure what these significant changes … Read More