Have you ever wondered about the origin story of your business? What drove you to start it in the first place? It's a question that we recently discussed in our... read more →
Company culture has become an important part of how businesses are perceived. Businesses with a positive culture are more likely to attract clients and customers. Statistics also show that over... read more →
Could your small business claim a 20% bonus deduction on technology expenditure that supports their digital operations or the digitisation of their operations? The small business technology investment boost is... read more →
In Australia, the Pty Ltd Company (proprietary limited company) is one of the most popular business structures chosen by entrepreneurs and business owners. Pty Ltd companies offer both distinct advantages... read more →
While the hustle and bustle of operating and managing a business can occupy your mind, it’s important not to forget your superannuation obligations to your employees. Those who fail to... read more →
There are key differences between having a hobby and running a business, and they’re mostly to do with your tax, insurance and legal obligations. It's important to understand the characteristics... read more →
Throughout the financial year, there may be periods where your business finds itself facing a recurring problem with its cashflow. Small businesses with cash flow issues may find themselves more... read more →
As the financial year comes to a close, now is the time to visit your accountant or tax advisor to discuss tax planning for your business in 2023. At the... read more →
One of the most important decisions you have to make before you start a business is what structure your business will be operating under. This will be reflected in all... read more →
Starting a partnership may be a high-yielding decision whether you are in the business game or setting your sights on a new business venture. A partnership business structure is an... read more →
Based on a JP Morgan Chase Business Leaders Outlook survey in January 2023, it appears that business leaders in Australia are exhibiting a cautious but positive outlook regarding the economy.... read more →
The coming new year of 2023 may bring you a fresh start regarding your business adventures. You may even be looking to start your next adventure on your terms. Why... read more →
At the end of the year, you may be looking for extrinsic ways to thank your hardworking employees or faithful customers/clients.A work Christmas/end-of-year party may be a method employed by... read more →
Small businesses entitled to refunds of GST may not be aware of the four-year time limit on claiming those refunds. Your entitlement to a GST credit ends four years from... read more →
Starting a successful business requires three things:- A good idea,- The right amount of capital you’ll need, - and Creativity.However, with the challenges many businesses faced over the last few... read more →
With client needs and team capabilities constantly changing within the business world, we recommend you pause and reflect on your own critical business processes to see if you can spot... read more →
It is your responsibility as an employer to set up your business to pay super into your eligible employees' chosen super funds or their stapled super fund where no choice... read more →
Benjamin Franklin once famously said, “if you fail to plan, you are planning to fail”. He may not have been referring specifically to businesses but it is an apt statement... read more →
As of 5 April 2022, new Directors will need to have applied for their Director Identification Number (DIN) prior to their appointment to the position.Existing directors were required to obtain... read more →
Business owners will often reflect on Asset Protection as something they ‘should have done’ which can be painfully costly. Asset protection is a necessity. It allows individuals to make a... read more →