How deep financial data helps you make better business decisions
As a business owner, you want to make the best possible decisions for your business. The choices you make regarding strategy, spending, revenue generation and cashflow management can all have a major impact on the long-term future of the company. So, how do you give yourself that competitive edge when it comes to decision-making? The […]
Why productivity matters and what you can do about it
Productivity is the backbone of strong economies and successful businesses. It determines how efficiently resources—such as labour, capital, and materials—are used to produce goods or services. In Australia, according to the Xero Small Business Insights 2023 report, wholesale trade had the highest productivity at $214.20/hour, while hospitality lagged at $40.20/hour. Despite an overall decline, 10 […]
