Blog - Small business guide

Catch up on what we're up to at eXtracc

4 Signs That Your Startup Needs to Start Outsourcing

January 4, 2017

If you’re an entrepreneur, time is working against you. There’s never enough time to get everything done, and every moment that passes is a moment the competition develops further and the market becomes less vulnerable to your advances ...Read more

3 Points to Consider When Choosing The Right Business Bank Account

January 3, 2017

Selecting the right bank account for your business is as crucial as selecting the right business partner. Once a bank is selected, you’re most likely to stay with the bank for quite a while. Some of the reasons most businesses felt reluctant ...Read more

5 Great Ways Small Businesses Can Stay Productive During the Holidays

December 27, 2016

Christmas is a time for celebration and vacations. The problem is that the vacation mindset often takes hold long before your employees actually go on vacation. It’ll be a struggle to get your small business going during the holidays, which is ...Read more

4 Tools For You To Automate Your Accounting System Today!

May 24, 2016

In the world of automation, where internet-of-things (IoT) seems to be today’s flavour, accounting task still remains pretty much manual. According to MIT economist, Erik Brynjolfsson, jobs that are at risks and will see a downtrend due to ...Read more

yay audits!

5 Best Practise For a Successful Business Audit

November 18, 2015

Understanding an audit exercise Successful businesses are runned with processes, standards and policies. For any ligitimate business, these elements are subjected to an audit exercise, where the truth about how transparent and clean those practices ...Read more

Cash flow management made easy

October 29, 2015

I am certain you had huge dreams for your business the moment you conceived the idea. It doesn’t matter when and where the idea came from, every business owner has a plan to, if not aspire to be the one business no one else has ever created ...Read more

A Trap That Causes Many Businesses To Go Broke, While Theyre Making a Profit

December 23, 2014

There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory.” As you know only too well, you don’t pay rent, meet payroll or pay your bills with profit. You ...Read more

5 Steps by Smart Entrepreneur During Challenging Times

December 22, 2014

Last night, Thailand reign supreme against Malaysia in AFF Suzuki Cup 2014. They won a dramatic game with 4-3 aggregate over Malaysia. Read here for full coverage of the game. I watched the game last night and it was really intensed. The Malaysian ...Read more