Business Wellness Hub

16/08/2026

Theme for this month – Let’s Do a Review
Each week, I will be posting a task or a small action that you can take to help you fill the gap in your financial knowledge of your business. If you are feeling overwhelmed and cannot find time to work on your business, this will help you get started and build confidence to ask questions of your bookkeeper or accountant and take some ownership of your own figures.

Tip for the week
Task - What is the plan for the next 13 weeks
The next 13 weeks can redefine your momentum. A quarter is long enough to make meaningful progress, but short enough to stay focused and agile. Here’s a simple framework to help you map out the next 13 weeks
1. Clarify Your One Big Goal
Choose the single outcome that would make the biggest difference to your business this quarter — increased revenue, improved systems, stronger customer retention, or a new product launch. Keep it specific and measurable.
2. Break It Into 3–5 Strategic Priorities
Identify the key initiatives that directly support your main goal. These should be high impact actions, not busywork — think marketing campaigns, sales improvements, process upgrades, or team development.
3. Build a Week by Week Action Plan
A 13 week sprint works because it forces clarity:
• What will you accomplish each week?
• What resources or people do you need?
• What obstacles can you anticipate?
Consistency beats intensity.
4. Track Progress Every Friday
Review wins, challenges, numbers, and next steps. Adjust quickly — agility is your advantage as a small business.
5. Celebrate the Quarter
Acknowledge progress, refine your systems, and set up the next 13 week cycle with sharper focus.

Due by Friday – add it to your calendar to make some time to review.
Send me a message or comment below DONE to keep yourself accountable.
You are not alone.

Wellness Tip for the week to get you through
To help you find clarity, strength and resilience, a quote for the week
Balance is not found by chance, but created through choices.
What is one small action you can take this week to give yourself some loving care?

09/08/2026

Theme for this month – Tiime for a Review
Each week, I will be posting a task or a small action that you can take to help you fill the gap in your financial knowledge of your business. If you are feeling overwhelmed and cannot find time to work on your business, this will help you get started and build confidence to ask questions of your bookkeeper or accountant and take some ownership of your own figures.
Tip for the week
Task - Compliance Review
Running a small business in Australia has never been simple — but 2026 has delivered one of the biggest shifts in employer compliance in over a decade. With award rate increases, superannuation reforms, and ATO enforcement tightening, now is the time for every small business to take the time to review their records and processes.
Award Rates: 2026 Wage Increases Are Significant
The Fair Work Commission’s 2026 Annual Wage Review delivered a 4.75% increase to modern award minimum wages and a 5.97% increase to the National Minimum Wage, effective from the first full pay period on or after 1 July 2026.
Action: Review every employee’s classification, pay rate, and allowances against the latest award. Misclassification remains one of the most common Fair Work breaches.
Superannuation: The Rules Have Changed — Permanently
Superannuation compliance is undergoing its biggest transformation in decades.
From 1 July 2026, employers must pay super within 7 business days of each payday, not quarterly.
Why This Matters
Under Payday Super, the ATO can use STP data to detect late or missing payments automatically. They will automatically issue the penalty notice, whereas it was previously self-assessed.
Action: Audit your payroll setup, confirm you understand the new Qualified earnings (includes salary sacrifice) term, and ensure your system can process super every pay cycle.
ATO Compliance: Enforcement Is Increasing
The ATO has shifted from an “education first” approach to active compliance action, especially around superannuation and payroll accuracy.
Key areas the ATO is focusing on:
• Correct SG rate and earning calculations
• Timely super payments
• Contractor vs employee classification – some contractors are required superannuation contributions as well.
• Single Touch Payroll accuracy
Action: Review your STP setup, payroll categories, contractor arrangements, and record keeping processes. If you are not sure, ask your bookkeeper or accountant to assist with the review.

Due by Friday – add it to your calendar to make some time to review.
Send me a message or comment below DONE to keep yourself accountable.
You are not alone.

Wellness Tip for the week to get you through
To help you find clarity, strength and resilience, a quote for the week
One thoughtful act can ripple outward and brighten more lives than you know
What is one small action you can take this week to give yourself some loving care?

02/08/2026

Theme for this month – Time for a Review
Each week, I will be posting a task or a small action that you can take to help you fill the gap in your financial knowledge of your business. If you are feeling overwhelmed and cannot find time to work on your business, this will help you get started and build confidence to ask questions of your bookkeeper or accountant and take some ownership of your own figures.

Tip for the week
Task - Review your Chart of Accounts
Your Chart of Accounts (COA) is the backbone of your financial reporting. If it’s outdated, cluttered, or poorly structured, every report you run becomes harder to trust—and harder to use for decision making. A well maintained COA, on the other hand, turns your accounting system into a strategic asset rather than just a compliance tool.
Regularly reviewing your COA keeps your financial data accurate, useful, and aligned with your business goals—and prevents small bookkeeping issues from becoming big reporting problems.
Why your Chart of Accounts needs ongoing attention
🧭 Financial clarity
Over time, accounts get added “just to make something fit.” Before long, you’re dealing with duplicate accounts, vague names, and inconsistent categorisation. A periodic review ensures your COA remains intuitive and easy for your team to navigate.
📊 Better reporting accuracy
Your COA directly shapes your Profit & Loss, Balance Sheet, and management reports. If accounts are misclassified or outdated, your reports will be misleading—impacting budgeting, forecasting, and strategic decisions.
🧩 Alignment with business changes
Businesses evolve. New revenue streams emerge, cost structures shift, and priorities change. Your COA should evolve with you. Reviewing it ensures your financial structure reflects your current operations, not your business from three years ago.
⚙️ Improved automation and integrations
Modern accounting systems rely heavily on rules, bank feeds, and integrations. A clean, well structured COA reduces errors, improves automation accuracy, and makes external tools (like payroll, POS, or inventory systems) sync more smoothly.
What a good COA review includes
• Removing duplicate or unused accounts — keeps your ledger lean
• Renaming unclear accounts — improves team understanding
• Reclassifying miscategorised items — ensures reporting accuracy
• Aligning accounts with industry standards — supports benchmarking
• Updating accounts for new business activities — keeps your structure relevant

Due by Friday – add it to your calendar to make some time to review.
Send me a message or comment below DONE to keep yourself accountable.
You are not alone.

Wellness Tip for the week to get you through
To help you find clarity, strength and resilience, a quote for the week
Celebrate the small wins, they are stepping stones to great successes.
What is one small action you can take this week to give yourself some loving care?

26/07/2026

Have a wonderful week

Theme for this month – Getting prepared for the End of Financial Year.
Each week, I will be posting a task or a small action that you can take to help you fill the gap in your financial knowledge of your business. If you are feeling overwhelmed and cannot find time to work on your business, this will help you get started and build confidence to ask questions of your bookkeeper or accountant and take some ownership of your own figures.

Task - Aligning Team Expectations
Your business is going to perform better if your staff are in alignment with your expectations as the business owner.
1. Define the non negotiables
Your team should know the handful of behaviours, standards, and outcomes that are always expected.
• What “quality” means in your business
• How decisions should be made
• What communication standards look like
• What deadlines actually mean
This becomes your internal “leadership contract.”
2. Make expectations visible
People don’t align with what they think you want — they align with what they can see.
• Weekly scorecards
• Clear KPIs
• Project dashboards
• Written role expectations
Visibility removes ambiguity.
3. Create a shared language
Teams move faster when everyone uses the same definitions for urgency, priority, quality, and success. Examples:
• “Urgent” = action within 24 hours
• “Done” = completed, checked, documented
• “Priority” = directly tied to quarterly goals
4. Hold alignment meetings
A monthly alignment meeting keeps everyone calibrated. Agenda:
• What we achieved
• What we missed
• What we learned
• What we’re focusing on next
This is where expectations get reinforced.
5. Close the feedback loop
Alignment is maintained through consistent feedback.
• Weekly 1:1s
• Real-time course correction
• Recognition tied to aligned behaviour
Feedback is how expectations stay alive.

Due by Friday – add it to your calendar to make some time to review.
Send me a message or comment below DONE to keep yourself accountable.
You are not alone.

Wellness Tip for the week to get you through
To help you find clarity, strength and resilience, a quote for the week
Don’t be afraid of new beginnings from new people, new energy, new surroundings, new challenges. Embrace new chances at happiness. Billy Chapata
What is one small action you can take this week to give yourself some loving care?

26/07/2026

Theme for this month – Getting prepared for the End of Financial Year.
Each week, I will be posting a task or a small action that you can take to help you fill the gap in your financial knowledge of your business. If you are feeling overwhelmed and cannot find time to work on your business, this will help you get started and build confidence to ask questions of your bookkeeper or accountant and take some ownership of your own figures.

Task - Aligning Team Expectations
Your business is going to perform better if your staff are in alignment with your expectations as the business owner.
1. Define the non negotiables
Your team should know the handful of behaviours, standards, and outcomes that are always expected.
• What “quality” means in your business
• How decisions should be made
• What communication standards look like
• What deadlines actually mean
This becomes your internal “leadership contract.”
2. Make expectations visible
People don’t align with what they think you want — they align with what they can see.
• Weekly scorecards
• Clear KPIs
• Project dashboards
• Written role expectations
Visibility removes ambiguity.
3. Create a shared language
Teams move faster when everyone uses the same definitions for urgency, priority, quality, and success. Examples:
• “Urgent” = action within 24 hours
• “Done” = completed, checked, documented
• “Priority” = directly tied to quarterly goals
4. Hold alignment meetings
A monthly alignment meeting keeps everyone calibrated. Agenda:
• What we achieved
• What we missed
• What we learned
• What we’re focusing on next
This is where expectations get reinforced.
5. Close the feedback loop
Alignment is maintained through consistent feedback.
• Weekly 1:1s
• Real-time course correction
• Recognition tied to aligned behaviour
Feedback is how expectations stay alive.

Due by Friday – add it to your calendar to make some time to review.
Send me a message or comment below DONE to keep yourself accountable.
You are not alone.

Wellness Tip for the week to get you through
To help you find clarity, strength and resilience, a quote for the week
Don’t be afraid of new beginnings from new people, new energy, new surroundings, new challenges. Embrace new chances at happiness. Billy Chapata
What is one small action you can take this week to give yourself some loving care?

19/07/2026

Have a wonderful week.

Theme for this month – Getting prepared for the End of Financial Year.
Each week, I will be posting a task or a small action that you can take to help you fill the gap in your financial knowledge of your business. If you are feeling overwhelmed and cannot find time to work on your business, this will help you get started and build confidence to ask questions of your bookkeeper or accountant and take some ownership of your own figures.

Task - Review of Pricing and Expenses

Now is a perfect time to review your pricing – what was your net profit like last year? Costs change, customer expectations evolve, and your value often increases as your skills and service improve. Small adjustments can make a meaningful difference to cash flow without compromising customer relationships when communicated well. You need to be confident in what value you are adding to your clients.
On the other side of the ledger, expenses deserve the same level of attention. Are there subscriptions that you are paying for but you do not actually use? A structured expense review helps you identify what’s essential, what’s delivering value, and what can be reduced or removed.
Not having time to do the above is not an option, as your business could be leaking money that would be better off in your pocket.
Due by Friday – add it to your calendar to make some time to review.
Send me a message or comment below DONE to keep yourself accountable.
You are not alone.

Wellness Tip for the week to get you through

To help you find clarity, strength and resilience, a quote for the week
You wouldn’t plant a seed and then dig it up to see if it has grown. So why do you keep questioning yourself, your hard work and your decisions? – Steven Bartlett
What is one small action you can take this week to give yourself some loving care?

19/07/2026

Theme for this month – Getting prepared for the End of Financial Year.
Each week, I will be posting a task or a small action that you can take to help you fill the gap in your financial knowledge of your business. If you are feeling overwhelmed and cannot find time to work on your business, this will help you get started and build confidence to ask questions of your bookkeeper or accountant and take some ownership of your own figures.

Task - Review of Pricing and Expenses

Now is a perfect time to review your pricing – what was your net profit like last year? Costs change, customer expectations evolve, and your value often increases as your skills and service improve. Small adjustments can make a meaningful difference to cash flow without compromising customer relationships when communicated well. You need to be confident in what value you are adding to your clients.
On the other side of the ledger, expenses deserve the same level of attention. Are there subscriptions that you are paying for but you do not actually use? A structured expense review helps you identify what’s essential, what’s delivering value, and what can be reduced or removed.
Not having time to do the above is not an option, as your business could be leaking money that would be better off in your pocket.
Due by Friday – add it to your calendar to make some time to review.
Send me a message or comment below DONE to keep yourself accountable.
You are not alone.

Wellness Tip for the week to get you through

To help you find clarity, strength and resilience, a quote for the week
You wouldn’t plant a seed and then dig it up to see if it has grown. So why do you keep questioning yourself, your hard work and your decisions? – Steven Bartlett
What is one small action you can take this week to give yourself some loving care?

12/07/2026

Theme for this month – Starting a New Financial Year.
Each week, I will be posting a task or a small action that you can take to help you fill the gap in your financial knowledge of your business. If you are feeling overwhelmed and cannot find time to work on your business, this will help you get started and build confidence to ask questions of your bookkeeper or accountant and take some ownership of your own figures.

Tip for the week
Task - Prepare Income Statements – due by 14 July
A couple of weeks ago, you were to check the addresses, dates of birth, etc., for staff to ensure they are correct. Now it's time to check that all the wage reports align
• Make note of any salary sacrifice superannuation, as this will need to be reported as Reportable superannuation on the Income Statement
• Agree your wage report (wages and superannuation) for the year to
o Profit and Loss Wages and Superannuation
o Single Touch Payroll verification report
o Wages shown on BAS or IAS for the year
• Run an employee entitlement report for annual leave and personal leave, and save it to your file.

Due by Friday – add it to your calendar to make some time to review.
Send me a message or comment below DONE to keep yourself accountable.
You are not alone.

Wellness Tip for the week to get you through
To help you find clarity, strength and resilience, a quote for the week
Nobody is too busy; it's just a matter of priorities. (Anon)
What is one small action you can take this week to give yourself some loving care?

05/07/2026

Theme for this month – The start of a new financial year
Each week, I will be posting a task or a small action that you can take to help you fill the gap in your financial knowledge of your business. If you are feeling overwhelmed and cannot find time to work on your business, this will help you get started and build confidence to ask questions of your bookkeeper or accountant and take some ownership of your own figures.

Tip for the week
Task - Reconciling your bank account
Clients often ask, “Why do I need to do a bank reconciliation when the bank feeds come directly into my accounting software?” It’s a fair question — but the reality is that duplicate bank feeds can sometimes come through, or a transaction may be missed altogether. That’s why it’s essential to reconcile the bank balance in your accounting software with the closing balance on your bank statement or bank transaction report each month to ensure they match.
The second part of the reconciliation process is checking for entries that shouldn’t be there. Transactions still showing as unpresented on the bank account in your accounting software may be duplicates, and if they aren’t identified and corrected, they can distort your Profit and Loss. Regular reconciliation helps you catch these issues early and maintain accurate financial records.

Due by Friday – add it to your calendar to make some time to review.
Send me a message or comment below DONE to keep yourself accountable.
You are not alone.

Wellness Tip for the week to get you through
To help you find clarity, strength and resilience, a quote for the week
Vulnerability is the birthplace of innovation, creativity and change. (Brene Brown)
What is one small action you can take this week to give yourself some loving care?

28/06/2026

Theme for this month – Getting prepared for the End of the Financial Year.
Each week, I will be posting a task or small action that you can take to help you fill the gap in your financial knowledge of your business. If you are feeling overwhelmed and cannot find time to work on your business, this will help you get started and build confidence to ask questions of your bookkeeper or accountant and take some ownership of your own figures.

Tip for the week
Task - End of Payroll & Financial Year Cut-off
Now is the time to start preparing for the end of the financial year for payroll and superannuation.
• Confirm your final pay run date and ensure it falls within the financial year – If your pay period crosses 30 June, the PAYMENT DATE determines the year it belongs to.
• Ensure annual leave, personal leave, and long service leave accruals are accurate and reflect any adjustments. If you are not keeping track of long service leave within your accounting software, ensure you have the hours the employee has worked for the year, as this will be needed when LSL is paid out.
• With payday superannuation starting on 1 July, it would be advisable to pay June's superannuation before 30 June, if payroll dates permit. The fund must receive superannuation before 30 June to be deductible in that year.
• Check the amount of superannuation that should have been paid for the year, and compare it to what has actually been paid in case you have missed a payment.
• Check employee details to ensure addresses, DOB's and Tax File Numbers are correct.

Due by Friday – add it to your calendar to make some time to review.
Send me a message or comment below " DONE " to keep yourself accountable.
You are not alone.

Wellness Tip for the week to get you through
To help you find clarity, strength and resilience, a quote for the week
The people who are crazy enough to think they can change the world are the ones who do – Steve Jobs.
What is one small action you can take this week to give yourself some loving care?