Team Member Profile – Adam Willemse

Monthly team member profile Adam Willemse (Senior Accountant) Personal Service Income (PSI) Specialist Meet Adam, he has been with Advivo since 2014 and was recently promoted to Senior Accountant. Adam moved from South Africa to Australia in 2011. It was when he re-ignited his passion for accounting because of the challenges, consistency and nature of…

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Cyber Security – Are You Ready For The Changes?

Cyber Security – Is your business ready for the changes? The Australian parliament has recently passed the Privacy Amendment (Notifiable Data Breaches) Act 2017 (NDB scheme) on 13 Feb 2017. From 22 February 2018, all entities covered by the Australian Privacy Principles (APPs) will have clear obligations to report eligible data breaches. All entities will…

Business Innovation Hampered by Lack of Funds

Barriers To Business Innovation in Australia Business innovation includes the development or introduction of new or significantly improved goods, services, processes or methods. According to figures released by the Australian Bureau of Statistics (ABS), more than a quarter of innovative-active businesses (27%) have reported that a lack of access to additional funds is the main…

Automation in Business

Efficiency and Automation

Improving Business Efficiency With Automation These days, there is much talk about robots taking our jobs and many tasks being automated. As much as many people don’t like change, this is something that is already happening and changing the way business is done such as Amazon. It is inevitable and businesses that do not do…

Reducing Waste

Increasing Profit By Reducing Waste There are many different ways to increase business profits, but when you reduce the various methods back to basics, they all fit into the following mathematical equation: Profit = Income – Expenses This means if you want to increase your profit it’s simple, you either need to increase your income…

Organic Growth Strategies

Organic Growth Strategies – 4 effective strategies you can implement today! Growing your business is a natural objective for virtually all small businesses. In our last blog about methods to grow your business, we explored “5 Exponential Growth Strategies for SME’s”, looking into ways where immediate growth can be achieved through acquisitions, franchising, distribution expansion,…