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It may seem scary to hand over all your finances to a "stranger" when looking to outsource your bookkeeping. But truthfully, it's one of the smartest decisions you can make as a business owner.

While it may be shocking, there are some small-to-medium-sized businesses who don't have a proper business plan. This isn't due to owners not knowing what they're doing: they've just had a great idea, quickly set up and hit the ground running. However, in time, business dries up and all the required admin is pushed aside in favour of day to day productions and sales.

In the current day where 'money makes the world go round', you can't afford to waste any. As a start up small business, every cent counts. Therefore don't waste time with rookie mistakes, that could potentially risk any of it. Here are three ways many businesses waste money and solutions to minimise the chance your business makes them.

As a business owner it's important to take time away from work for yourself. However, worrying about staff meeting deadlines or suppliers being happy, adds more stress and worry, and less time enjoying your holiday. With some planning beforehand and good communication with staff, you won't worry about the business operating in your absence.

Since many businesses are now telecommuting, companies worldwide are restructuring their management to better meet the challenges that come with remote collaboration.

This time of year typically prompts many to start thinking about their business plans for the year ahead. The following are some tips to help make these stages more productive.

Goals provide both motivation and future direction for your business. While it's important for them to be ambitious, they still need to be achievable.

Not sure how to approach a client for a delayed payment? The following are some tips of the best way to go about it:

We've all made New Year resolutions and likely broken them before January is even over. Often New Year celebrations give us a yearning for a fresh start, but id there something that can be done to make them more permanent?

In this day, it doesn't seem like a question for small businesses to move to the cloud. Why are so many businesses fully embracing cloud software?