Big ideas for small business.
Meet Orbit’s Senior Accountant, Olina Xu.
Meet Senior Accountant, plant mother and yoga fanatic – Olina Xu. Olina (who also is known as Ollie in the office) is simply lovely. She is always going above and beyond to solve our client’s problems and absolutely loves to explain new concepts and ideas. From first impressions to the most fulfilling aspect of Ollie’s […]
4 reasons for firing a client.
Firing a client is never an easy task. It can feel daunting, perhaps even drastic, but sometimes it is necessary for the success of your business. Regardless of the size of your business, you shouldn’t have to deal with clients that leave their manners at the doorstep and stroll right on in with all the […]
How to get paid quicker with Xero online payments.
Late invoices can cause chaos for your cash flow, so how do you get paid quicker? For any business whose cash flow has seen better days, there’s one thing in particular that can rapidly transform it – recurring, online payments through Xero. As strategic small business accountants, that’s our forte, and we’re jam-packed full of […]
Why the most important P in business is Purpose (Not Profit).
During the uncertainty and instability of its first few months, to the sheer responsibility that comes with it, not to mention the never-ending to-do list – running a small business is not all sunshine and roses. While profit may be one of the primary drivers behind your business, it’s your business purpose that takes the […]
How to improve your work processes and efficiency.
We’ve all heard the phrase ‘work smarter, not harder’, right? To truly do this, you need to learn how to improve your work processes and your efficiency. Get off the hamster wheel and start moving forward! The best way to do this is by harnessing the power of the right technology. The world is changing […]
Are you in control of your business?
Did you start your business to quit that 9 to 5 hustle, only to wind up working 24/7? Do you often find yourself bending over backwards for customers and clients? Is your business your first thought in the morning, and your last at night? As a business accountability coach, we want to help you wear […]
Meet Amelia Carey, Orbit’s Client Manager.
If you have worked with Orbit, our Client Manager, Amelia, will be a familiar face. A master of juggling various client projects and ATO anxieties, there’s a reason why Amelia is known as the organisation guru and ATO whisperer in the Orbit sphere. If you are thinking of enlisting our team’s help to make more […]
Profit Vs Cash – Which one should rule your business?
To run a successful business, you need to know the difference between Profit and Cash, and no, they’re not the same thing. So if you have used these two terms interchangeably, allow us to introduce you to tonight’s opponents. What’s the difference between cash and profit? Making his way into the ring is the mighty […]
Reach orbit with strategic business accounting.
Reach orbit with the man on the moon principal. Have you heard of the man of the moon principle? As strategic business accountants, we utilise the man of the moon principle to help our clients accomplish their wildest dreams. Whether you’re waiting for take-off or are still trying to reach orbit – strategic business accounting […]
Demystifying your Profit and Loss in Xero.
When was the last time you read your profit and loss statement? If the answer was anytime over a month ago – we’re not here to scold, but we do encourage you to consider adopting some new, healthier financial habits. You see, your Profit and Loss Statement lists all your income and expenditure to help […]
Has your business purpose shifted?
2021 has been no walk in the park for small business owners, to put it very, very, very lightly. Throughout the year, you may have had to undergo a significant transformation to stay afloat. Whether it was taking a leap, pivoting or adapting to this new world and its evolving shopping trends, you had to […]
Why a good Xero bookkeeper is essential to your small business.
It’s no secret that bookkeeping has a bad reputation, and if it were a person, it would have an airtight case for defamation. No bias, but we believe it’s utterly undue. You see, good books are the foundation of a successful business. The smart and strategic decisions a successful business requires are based on data-driven […]
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