Spotlight on: SPOTLIGHT Reporting

CraigBusiness Process, Business Technology


A recent survey by Xero has revealed that 46% of businesses in Australia, not using cloud, are planning to do so in the next 12 months. With Xero expanding their capabilities through their add-on marketplace, Xero now supports 350 add-ons. Including one of our personal favourites: Spotlight. Spotlight Reporting is a smart add-on that allows you to easily create attractive, … Read More

Back to Basics: Keeping good business records

DarnelleBusiness Process

Keeping good small business records mean so much more than knowing which records to keep and for how long. In many cases it means the difference between failure and success. Why keep records? Business record keeping should include setting up systems that allow you to easily monitor the progress of your business and track business performance. By tracking the performance … Read More

Franchising: what you need to know

DarnelleBusiness Process


A few business owners we’ve come across that have 3 or more locations start thinking: Franchising. Franchising can seem like a great option; sell your idea to others while you sit back, relax and watch your business grow… right? Wrong. Franchising, while great for some businesses isn’t always the best option for others. It can seem like an easy way … Read More

4 things your accountant could (or should) do

DarnelleBusiness Process, General


Back in the junior accountant days our clients looked very different. The number one concern was around “what can I claim to reduce my tax bill?” Fast forward to 2013 and clients are painting a different picture. Now, clients are becoming more aware of not only tax accounting but business accounting. Business owners want to know how to best set … Read More

eWAY a new way to pay

DarnelleBusiness Process, Business Technology

eWAY a new way to pay at 542 Partners

Last month we announced the exciting news that we had integrated eWAY into our payment methods. We got inundated with positive feedback and requests for more information.  So this month we thought we would cast a spotlight over eWAY and explore what it is, how it works and how to integrate it into your business. What is eWAY? eWAY was … Read More

How to save time and money FAST: Business Process Automation

DarnelleBusiness Process

How to save time and money FAST with BPA

Every day business owners create more work for themselves with unnecessary double business processes. Time sheets, expense claims, daily POS and supplier invoices do not have to be manually entered. We all know that time is money, so why not save some time and rid your business of unnecessary laborious tasks that cost you money. Enter: Business Process Automation (BPA) … Read More