Zoe's Business Solutions

 Hey All, Business owners are often looking for inspiration because of the ups and downs they have to face at work. There are times when they completely bogged down and need to feel the same passion which made them start the company. I was in a similar situation a year back. I started to read and improve my knowledge when this happened. I switched to business books that were best selling and made you learn about marketing, management and leadership. You can find dozens of these inspirational books by eminent business writers and entrepreneurs in the market to feel inspired. To help you, I am sharing an article with the list of the must-read business books.     https://www.business2sell.com.au/blogs/evaluation/must-read-business-books-for--to-stay-motivated

 Within a month of its reinstatement to the ASX after a two year absence from trading due to financial reporting concerns from the market operator, the Oliver's Real Food (ASX: OLI) leadership appears emboldened by a cash flow turnaround and have signed a deal to grow the company's footprint. Following a 12-month period of consolidation with eight store closures, mostly in Victoria except for one in Chinderah south of Tweed Heads, Oliver's has announced a heads of agreement to secure two quick service retail (QSR) outlets that will operate within Ampol (ASX: ALD) service stations at Pheasants Nest, NSW. Located on either side of the Hume Highway 100km south of Sydney, the stores will be located within food court areas and have drive-thru capability. The service stations are currently under construction, but Oliver's expects the stores to be operational during the September quarter. Read More: https://www.businessnewsaustralia.com/articles/-a-long-way-to-go---oliver-s-on...

 Australia's economy is still holding up on the back of household spending, but there are warning signs that a severe downturn may be nigh, with business confidence falling and consumer confidence at sustained lows not seen since the 1990s recession. Melbourne butcher Madina Halal Meats has already seen a shift in behaviour. Customers are trading in prime steaks and poultry in favour of "mince, cheaper cuts of steak [and] casserole dishes". "That's mainly due to the higher cost of living," manager Amoon Dennaoui said. She said the shop's customers were spending about 10 per cent less per order, and she had noticed the downturn take hold since the middle of last year when the Reserve Bank of Australia started raising interest rates to tackle soaring inflation. Read More: https://www.abc.net.au/news/2023-03-15/economic-downturn-small-business-consumer-confidence-inflation/100191514

 Intellectual property law giant IPH Limited (ASX: IPH), two of its member firms and personal loans provider Latitude Group (ASX: LFS) have all alerted customers to cyber incidents today, with potentially hundreds of thousands of individuals affected. According to IPH, the cyber incident was primarily limited to the document management systems (DMS) of its head office and two of its member firms in Australia - Spruson & Ferguson and Griffith Hack, as well as the practice management systems (PMS) of the two firms. The legal giant, which also counts AJ Park, Pizzeys, Smart & Biggar and Applied Marks as group members, said the unauthorised access to its IT environment occurred on 13 March - one day before the company went into a trading halt to address the issue. Read More: https://www.businessnewsaustralia.com/articles/iph-and-latitude-financial-both-hit-with-cyber-incidents.html

 Hello there, I had hired a bookkeeper and an accountant for my business from the beginning. A lot of people thought that I was wasting because they did the same thing. However, most of them are mistaken to think that they can be interchanged. A bookkeeper is involved in the preparation of the financial reports while the accountant is involved in analysing those reports to help the business owner make informed decisions. The bookkeepers do all the laborious work by managing payroll, inventory, reports, and managing receivables and payables. While the accountants help with tax planning and financial planning. Here is an article that will explain the difference of their roles in detail.  https://www.agibookkeeping.com.au/the-difference-between-bookkeeper-and-accountant/

 Tyro Payments (ASX: TYR) looks to be putting the worst behind itself after revealing a first half profit and, for the first time as a publicly listed company, positive free cash flow. The company, which recently settled a class action law suit relating to a 2021 system outage, says initiatives to focus on growth and cost management delivered the strong 1H23 results and a profit of $1.1 million. This represents a major improvement from the 1H22 loss of $18 million, and also included EBITDA rising by 601 per cent from $2.8 million to $19.5 million - a record result. Read More: https://www.businessnewsaustralia.com/articles/-leaner-and-more-disciplined--tyro-payments-achieves-profitability.html

 Nearly six months after stepping aside as the CEO of IDP Education (ASX: IEL), Andrew Barkla has picked up a new gig as chairman of Capsifi - an Australian business management platform based in Sydney. His appointment forms part of Capsifi’s new leadership team, which also includes the appointment of former Salesforce chief commercial officer Australia Ian McAdam as CEO, and former Imperva ANZ vice president Tony Mascarenhas as chief revenue officer. As part of the reshuffle, Capsifi founder and former CEO Dr Terry Roach has decided to hand over the reins, instead choosing to return his focus to leading the strategy and vision for product innovation at the software developer as chief innovation officer. Read More: https://www.businessnewsaustralia.com/articles/digital-business-management-platform-capsifi-names-former-idp-education-ceo-andrew-barkla-as-chair.html