Hints & Tips

Free Business Hints & Tips

If you have a hint or tip to share, email us contact@biznation.com.au for additions to this page.

Click on a tab below to see if a hint or tip exists that might assist you.

IT/Computer

Password manager – its a good idea to have a system for your passwords. With different sites having different requirements gone are the days when you have the 1 password you use for everything. Not to mention this is a hacker heaven if you did do this. Some have a special book to place all theses credentials in, but if lost, good luck remembering them all to change. The next best option is a password manager, there are many of these available, a common one is 1password and there are some for free and some that charge small monthly fees, but they are worth it so find the one you are comfortable with and make your life easier.

What is the CPU? We mention RAM below, but don’t forget the CPU. Some would call this the heart of the computer. It keeps everything flowing. The speed of the CPU is important and in some cases, you can have fantastic RAM, but if the CPU is lacking, this can let you down. Best to get a great CPU over the RAM as this is normally much more difficult to upgrade and much more expensive than the RAM. Like the RAM, its about investigating prior to your purchase.

What is RAM? We often hear computer talk and sometimes we don’t know what this means. Some would say RAM is in layman’s terms, the brain, it is the machine for multitasking and the more you have the more tasks it can handle at the same time. 4gb, pretty ordinary, 8gb, not bad, 16gb very good and 32gb is awesome. But it will also depend on what you are asking the brain to do. For example: If you are running 3d software or graphic designs software like adobe photoshop, you will require a minimum of 16gb for happy days! RAM is commonly up-gradable depending on the device. Investigate prior to purchase.

Backups – these can be really critical for a small business. If you are running a desktop/laptop of your own use or for your team, backups can save so much grief. Imagine if you lost all your data, think about how this would impact your business. Check your hard-drive stored data size and purchase a portable drive to save a back up to, simple, not often required, but you will be so grateful if your computer dies! And this is a cheap solution for about $200!

Home Office – remember you can claim a portion of your personal expenses for running your business from home. Ask your accountant/bookkeeper to help you assign the right proportion.

Record Keeping – the ATO required records of receipts for amounts over $75, either physical copy or digital copy on file.

Registration for GST – is required for a turn over above $75,000.

Email – do you run on gmail, hotmail, yahoo or icloud? Does this have a professional impact on your business?

Having a domain email can show potential customers or clients you are serious about your business and serious about servicing their needs.

 

Social Media Images – all platforms have their image size requirements. Check what they are to avoid unprofessional looking content.

Hiring Staff – auxiliary positions, look for the right person, skills can be taught, attitude cannot.

Phone Interview – always chat with a potential candidate prior to meeting them in person. Iron out make or break questions to save everyone’s time, eg; hourly rate expectations, days/hours for the position.

Interviews – always book these over the phone and send an email to confirm the details to the applicant.

Online – a good website and/or social media pages will help gain traffic to your new business and helps your friends and family direct new clients also.

Paying rent – use a home office or shared office as long as you can to keep your overheads low.

Diversifying – don’t loose track of your core business, expand on that, careful not to leap into completely new fields and show your clients you have lost focus.

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