Bec Buchanan public
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This podcast covers all things bookkeeping, finance and small business. Each episode will leave you feeling more informed and more confident about running your business so that you can make better financial decisions and create the business of your dreams.
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The driving force behind everything I do in my business is to free purpose-led business owners from financial stress while consciously fulfilling social and environmental responsibilities. This podcast certainly helps achieve this vision and having started as a platform for sharing knowledge, it has evolved into a powerful marketing machine for my …
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Getting your numbers right is crucial for business success, which makes having the right bookkeeper and accountant by your side all the more paramount. Many of my clients came to me following a bad bookkeeping experience elsewhere, where they received a lack of communication, errors in their bookkeeping, and they were left wanting a more solid rela…
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- I would like to acknowledge the traditional custodians of the land on which I recorded this episode, the Coodjinburra People of the Bundjalung Nation, and the land on which you're listening to it. I pay my respects to the elders, past and present, of those lands. I extend that respect to all Aboriginal and Torres Strait Islander listeners. Thank …
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- I would like to acknowledge the traditional custodians of the land on which I recorded this episode, the Coodjinburra People of the Bundjalung Nation, and the land on which you're listening to it. I pay my respects to the elders, past and present, of those lands. I extend that respect to all Aboriginal and Torres Strait Islander listeners. Thank …
  continue reading
 
- I would like to acknowledge the traditional custodians of the land on which I recorded this episode, the Coodjinburra People of the Bundjalung Nation, and the land on which you're listening to it. I pay my respects to the elders, past and present, of those lands. I extend that respect to all Aboriginal and Torres Strait Islander listeners. Thank …
  continue reading
 
- I would like to acknowledge the traditional custodians of the land on which I recorded this episode, the Coodjinburra People of the Bundjalung Nation, and the land on which you're listening to it. I pay my respects to the elders, past and present, of those lands. I extend that respect to all Aboriginal and Torres Strait Islander listeners. Thank …
  continue reading
 
- I would like to acknowledge the traditional custodians of the land on which I recorded this episode, the Coodjinburra People of the Bundjalung Nation, and the land on which you're listening to it. I pay my respects to the elders, past and present, of those lands. I extend that respect to all Aboriginal and Torres Strait Islander listeners. Thank …
  continue reading
 
- I would like to acknowledge the traditional custodians of the land on which I recorded this episode, the Coodjinburra People of the Bundjalung Nation, and the land on which you're listening to it. I pay my respects to the elders, past and present, of those lands. I extend that respect to all Aboriginal and Torres Strait Islander listeners. Thank …
  continue reading
 
As we kick off the new year, it's a perfect time to explore the power of Xero Reports for managing your business effectively. In this episode, I’m diving into the most useful Xero Reports that every business owner should consider running regularly. These reports will provide valuable insights into your financial performance, cash flow, and overall …
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Ever heard of pay.com.au? As a business that provides account payable services, we get a lot of queries around this payments platform. In today’s episode, I sit down with Grant Austin, the COO and co-founder of pay.com.au to pick his brain on how it all works. Pay.com.au offers business owners the ability to turn their business payments into reward…
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This is a recast of a previously released episode that performed really well. I thought it may be useful for you as a business owner. I'll be back with new episodes in a couple of weeks! An entrepreneur recently asked me whether I thought their business was healthy. This was an interesting question for me - didn’t they know? They work in their busi…
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This is a recast of a previously released episode that performed really well. I thought it may be useful for you as a business owner. I'll be back with new episodes in a couple of weeks! Today I want to talk about productivity. For these last six months, I have been working hard at creating sustainable work habits. My goal has been to focus on taki…
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- I would like to acknowledge the traditional custodians of the land on which I recorded this episode, the Coodjinburra People of the Bundjalung Nation, and the land on which you're listening to it. I pay my respects to the elders, past and present, of those lands. I extend that respect to all Aboriginal and Torres Strait Islander listeners. Thank …
  continue reading
 
- I would like to acknowledge the traditional custodians of the land on which I recorded this episode, the Coodjinburra People of the Bundjalung Nation, and the land on which you're listening to it. I pay my respects to the elders, past and present, of those lands. I extend that respect to all Aboriginal and Torres Strait Islander listeners. Thank …
  continue reading
 
- I would like to acknowledge the traditional custodians of the land on which I recorded this episode, the Coodjinburra People of the Bundjalung Nation, and the land on which you're listening to it. I pay my respects to the elders, past and present, of those lands. I extend that respect to all Aboriginal and Torres Strait Islander listeners. Thank …
  continue reading
 
- I would like to acknowledge the traditional custodians of the land on which I recorded this episode, the Coodjinburra People of the Bundjalung Nation, and the land on which you're listening to it. I pay my respects to the elders, past and present, of those lands. I extend that respect to all Aboriginal and Torres Strait Islander listeners. Thank …
  continue reading
 
- I would like to acknowledge the traditional custodians of the land on which I recorded this episode, the Coodjinburra People of the Bundjalung Nation, and the land on which you're listening to it. I pay my respects to the elders, past and present, of those lands. I extend that respect to all Aboriginal and Torres Strait Islander listeners. Thank …
  continue reading
 
- I would like to acknowledge the traditional custodians of the land on which I recorded this episode and the land on which you're listening to it. I pay my respects to the elders, past and present, of those lands. I extend that respect to all Aboriginal and Torres Strait Islander listeners. Thank you for sharing this space with me. - In a time whe…
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Today I’m broaching a topic that is an inevitable part of any business journey: rejection. We've all been there, and I recently had an experience in my business that prompted me to share my insights on how to turn rejection into a positive experience. Today I’m sharing 5 steps for how to navigate rejection and bounce back even stronger. In this epi…
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If you’re like me, you may have started off in your business without a true understanding of what branding really is. I thought I simply needed a logo and some colours for my website, and off I would go. However, branding is so much more than that. It’s the identity and persona of your business that expresses your voice and sets you apart from your…
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I’ve been hearing some strange comments of late from business owners around GST, so I thought I’d clear up a few things on this important topic. In an earlier episode on the podcast, I gave a general overview of GST registration and how it works. Today, I’m going a little more niche and talking about why you shouldn’t be scared of it as a business …
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If you’re a small business owner or an aspiring entrepreneur, you’ve likely been overwhelmed by the huge number of tasks and decisions that come your way. I believe the solution to this is to simplify your business, and that’s something I strive for daily. In this episode I share the biggest moves I’ve made, lessons I’ve learned, and the benefits g…
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I’m so pleased to be back with you after taking a bit of a break from the podcast for a much-needed reset and refresh. So today, I’m excited to dive back in and continue sharing short and sharp financial insights to support you on your business journey. When it comes to client work in my bookkeeping business, a common predicament we face is messy X…
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Artificial Intelligence is a huge topic at the moment and quite a divisive one but whether we like it or not, it’s already here and it’s not going anywhere. When I realised this, I decided I wanted to ride this wave of change and began implementing AI into my business. Some of the things I tried have been game changers but others have wasted more t…
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On the podcast today I interview Stephanie Devine - the incredible and inspirational founder of The Very Good Bra, which makes the world's first botanically, circular and fully compostable bras in the same size ranges as conventional bras. Despite having a long, successful, and well-paying corporate career, Stephanie decided to throw that all in to…
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It’s that time of year, and as we at Straight Up Bookkeeping deep dive into completing business and instalment activity statements for the quarter, I’m reminded that the term activity statement can baffle a lot of people. So today, I’m bringing you a short and sharp explainer episode on what activity statements are, what they include, when they are…
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On the podcast today, I’m joined by vibrant entrepreneur Sarah Cross, who from the age of 24 built a multimillion dollar gift hamper business from her kitchen table. Sarah is now the founder and CEO of Creative Product Institute, a well-known speaker and author of Fearless Fempreneur. In this episode, she shares her incredible insight on scaling a …
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In this episode, we’re talking about profit margins. Now, I know what you may be thinking - attempting to understand margins is daunting and should be left up to the ‘numbers’ people. However, it’s crucial for business owners to understand the profitability of their businesses so that they can continue to grow and make well-informed decisions. Toda…
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I recently won the Bookkeeper of the Year Award at The Accountants Daily Australian Accounting Awards, which is an achievement I feel extremely proud of and humbled by. Following the ceremony, I started to reflect on my award journey and why I believe small businesses can have a big impact. In this episode, I share some of my insights following my …
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Today I’m joined by the incredible Annie Gichuru to talk about a topic that is not only very close to my heart, but one that is crucial for business owners to find more understanding around as we strive for a more inclusive world. Having come across Annie’s work as I was looking to do DEI (diversity, equity and inclusion) work, I enrolled in her co…
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As we wrap up the financial year and dive into a new chapter, I wanted to take a moment to reflect on the art of balancing the demands of running a business while also being a parent. Today I give you an insight into my work and mum life, as well as share the challenges I’ve faced and strategies I’ve adopted to help juggle it all. To me, life as a …
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As a small business owner, maximising tax deductions is always a priority and one area that often causes confusion is motor vehicle expenses. Can you put your car expenses through your business? Should you buy a car in your business name or your personal name? What method should you use to calculate your business related car expenses? In this episo…
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As we’re nearing the end of the financial year, bookkeepers are busier than ever. We are reminding clients about paying superannuation to get tax deductions, preparing for single touch payroll finalisation due in mid-July, capitalising and depreciating assets, and accruing expenses that relate to this financial year in order to get a tax deduction.…
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Employee onboarding can be a daunting and time-consuming process for small business owners. From collecting new employees’ forms, licenses and certificates to storing them in a secure place, this procedure can also be overwhelming - particularly for small businesses that don't have a dedicated HR department. Today I sit down with Frank Iannelli of …
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There is a lot of misunderstanding out there around superannuation. Because information isn’t always readily available or well known, my goal for this episode is to help keep you up to date on the ins and outs of superannuation. There will be some big changes happening with regard to superannuation requirements in Australia very soon, so get ready …
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For small business owners, it’s important to have a high level of understanding around certain concepts that will help make sense of our financials and ensure we make good decisions as we head into the financial year end and beyond. Today I talk specifically about concepts that I find many business owners aren’t completely up to speed on, which are…
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On the podcast today I interview Marissa Mills - a lady of many talents and many businesses. Marissa is a graphic designer and photographer and also has experience in social media management, event management, website management and marketing. One of her most recent endeavours is the creation of a modern day shopping cart called the Joyrolla. To ta…
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Today, I want to talk about how I run a high vibe business. That terminology probably sounds a bit fun for a bookkeeper, but I mean it. I really think my business is high vibe and on the episode today I explain five areas I exhibit high vibes in my business. Another term for high vibes is abundance mindset. Doing business with an abundance mindset,…
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This episode changes it up from the accounting and sustainability topics I’ve been discussing recently to share my experience on course and program creation and launching. I think my experience is useful to share because I’m not a launching or course-making professional. I’m a bookkeeping business owner, who runs a team of bookkeepers. We have many…
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Today, I’m chatting with one of our fantastic bookkeeping clients Natalie Dean Weymark. Natalie is the co-founder and director of Compass Studio, an independent PR and marketing agency that specialises in responsible, purpose-led brands. In this episode, we talk all about B Corp matters, how purpose-led businesses can market authentically to attrac…
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Do you approach tax time dreading being in the dark about how much tax you might have to pay? Fear not, today’s short and sharp episode will help you estimate your own tax payable come tax time without having to rely on your bookkeeper or tax accountant to help you do that. This is an estimation, as there will always be adjustments that get made wh…
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As an employer are you across what your leave entitlements are for your staff? There’s quite a bit of detail to leave and I'm regularly setting up payroll for clients who aren't totally across all of these details, so I thought it was fitting to do a podcast episode all about leave. In this episode I cover who gets paid leave, what leave is and the…
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Instagram Reels have become such a powerful business tool when it comes to sharing what we do and attracting our ideal clients. But the trends seem to change so quickly, it can be hard to keep up or feel like we’re nailing any of it. Today, I chat with Alyona Polishchuk, who shares her thoughts on how to spend less time on Reels while making more m…
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We have three months to go until end of financial year. You may be asking yourself whether it’s just something for accountants to get excited and post champagne photos about, or if you should care about it too. The truth is, it’s important to know where your business stands and whether you’re in a profit of loss situation. Today I share 5 ways to m…
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We hear the term “write it off” thrown around a lot but I think many business owners don’t really understand what legitimate tax write-offs are. There is a lot of confusion around the scope of what you can write off in your business so in this episode, I want to share some clarity on the subject. For the most part, I think business owners are overl…
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Sustainability is extremely important to me, and last year I decided to take my business in the direction of becoming a certified B Corp business. This means being held to higher standards of social and environmental performance, along with other stringent factors. To help me achieve this, I had Amy Robertson-Thrift join my team. Amy is an amazing …
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If you’re a business owner, it’s really important to know what your responsibilities are when it comes to tax or GST debts. In today’s episode, I discuss the importance of lodging your activity statements on time and run through what you need to know about ATO debt. We know things can take a turn in the world and economy, often when we least expect…
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Do you need clarity on how to pay yourself as a business owner? I often come into touch with entrepreneurs who aren’t 100% clear on the best way to take money out of their businesses. Whether it’s for weekly pay, bonuses or receiving a loan from your company, there are a few ways to pay yourself for showing up every day. It’s important to note, how…
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Have you ever thought about selling your small business? Whether you have a pottery business, restaurant, beauty spa or a training organisation, you can potentially sell your business on to someone else when you feel the time is ready. So it’s absolutely vital that you have all of your ducks in a row now to have smooth sailing in the future. Today …
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Today I’m bringing you a short and sharp episode on gift card accounting, a process that many business owners either find confusing or aren’t exactly sure how to tackle. Whether you only sell one gift card every quarter or you’re a retailer selling a large number of gift cards regularly, it’s helpful to understand best practice when it comes to rec…
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