All businesses need to be prepared for further expected rises in inflation, interest rates, fuel costs and staff costs, not to mention the effects of what’s happening globally. How that will affect small to medium business will be anyone’s guess. … Read More
Start thinking about your FBT obligations The 2023 FBT year ended on 31 March, so it is now time for employers to get ready to lodge their 2023 FBT returns, where they have provided benefits to their employees (or their … Read More
When you start a new project for your clients you probably have certain routines to get them up and running. Everything runs a certain way when you do business, from quoting for the job, scheduling it in your calendar of … Read More
You’ve got a business plan. It’s a great way to describe what you do and how it will work, but maybe it isn’t always the most useful tool for running your business. Your plan is really just a tool that … Read More
The turn of the year is typically a reflective time and a time to plan. Something about that lull between holiday festivities and New Year’s Eve sets the stage for introspection and review. While you’re busy reflecting on the year … Read More
There’s no clear formula that guarantees business success, nonetheless, we are taking a look at some of the tested key ingredients. Establishing a point of distinction like your USP and also developing a deep understanding of your business numbers and … Read More
The ATO has advised it is in the process of shifting from its previous engagement and communication focus on Single Touch Payroll (‘STP’). In particular, it will begin a ‘failure to lodge penalty’ process for small business employers (i.e., those … Read More
At some stage in their lives, quite a few people dream of starting their own business. The attraction of being your very own employer supplying even more freedom and also potentially higher earnings is tempting. While there’s no magic potion … Read More
The ATO has reminded employers to consider their tax and super obligations when employees are provided with incentives or rewards for getting their COVID-19 vaccination. When employees are provided a cash payment, including paid leave for employees to get their … Read More
Being a small business owner can be fantastic. You get to be involved in every aspect of your business, from marketing to event planning, from sales to employee development. Being involved in so many areas of your business saves you … Read More