Economy As expected this is one of the most stimulatory budgets we have ever seen. Despite the trillion-dollar debt, there’s plenty of good news for many Australians in the Federal Budget. Broadly, Aussies will get a tax cut and it will be backdated, there’s plenty of concessions for businesses to help with investment and jobs …
“Outsource your weaknesses.” So says start-up guru, Sujan Patel, when advising small business owners to get outside help for tasks like payroll and bookkeeping. And when you consider that 70% of businesses fail due to poor in-house financial management, Patel’s advice seems spot on. Unfortunately, many small business owners seek to keep costs low by …
Continue reading “How do I Hire the Right Bookkeeper for my Business?”
JobKeeper 2 – Are you Eligible and what you need to do. With the JobKeeper 1 coming to an end on 28th September you will need to check your eligibility for JobKeeper 2 – please refer to our previous article here to check if you are eligible. Firstly, if you are not eligible for JobKeeper …
Don’t be left up in the air by traditional IT solutions. Check out the top 9 advantages for small businesses switching to cloud computing. Cloud computing is fast becoming the norm because storing information and using software hosted on the Internet has many advantages. 1. Save money Traditionally, a small business spends money licensing software …
There’s no denying the importance of face time in our current climate —or the competitive advantage businesses enjoy when they have video conferencing capabilities with colleagues, remote workers, and clients from anywhere in the world. Video conferencing apps increase productivity and save time in innumerable ways. They reduce travel time for business meetings, optimize meeting …
Continue reading “Which video conferencing app is right for me?”
The Federal Government recently announced the expansion for the eligibility of the current JobKeeper Scheme. As part of the changes announced, the Federal Government introduced changes for employees eligible for the JobKeeper Scheme from 3 August 2020. On Friday 14 August, the Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 7) 2020 (the …
Further changes have been made to the JobKeeper Payment which extends the JobKeeper Payment until 28 March 2021 for those businesses that continue to be significantly impacted by the Coronavirus. The changes are the following; The eligibility for the JobKeeper Payment extension will be based on actual turnover in the September 2020 quarter only, instead …
Your business budget puts you in control of your business. It helps you avoid overspending and track your financial goals. But with the coronavirus you may have had to throw your business budget out the window to stay on top of things. To help you get your business budget back on track post-coronavirus, you should …
Continue reading “Reviewing Your Business Budget post Coronavirus: 4 Tips to Get Back On Track”
The Government is extending the JobKeeper Payment by a further six months to March 2021. Support will be targeted to businesses and not-for-profits that continue to be significantly impacted by the Coronavirus. The payment rate will be reduced and a lower payment rate will be introduced for those who work fewer hours. Other eligibility rules …
30 June 2020 is fast approaching so it’s time to consider how to best manage your tax affairs for the 2020 income tax year. It’s been an extraordinary end to the 2020 financial year with many businesses being forced into hibernation due to COVID-19. The number one priority for most business owners right now is …
Good planning is a hallmark of all successful businesses.
But before planning comes the “Chemistry Test”… is the business right for you?
The greatest trap many of us fall for is to set too many goals for the new financial year!
We have found that the most successful planning years tend to be when we have a smaller number of strategies, but with targeted plans towards their achievement.
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