How to make your business stand out

Let’s face it. The market is saturated with products and services of all kinds. Whether it is a new technology, fashion or new yoghurt brand, it is hard to find something that hasn’t been invented or seen before. And this when the value becomes critical. The value proposition is something that sets you apart from the rest. […]

Making the most of the $150k Asset Write Off

The Australian Government has been helpful in the Covid19 crises, and so far announced multiple packages on how to help SME businesses. One of them is an instant $150k Asset Write Off which came into effect in March and has been extended until 31st December 2020. What is an instant asset write off? According to […]

The power of a 1-page business plan

A new business idea has sparked in your head, and you are ready to move forward? Or perhaps you have been running your business for a while and thinking of progressing to a different stage? Having a clear direction supported by exact steps is crucial for any business. And that is the exact job of […]

Record-Keeping Requirements for Business

The start of the financial year is a great time to review and understand the requirements of record-keeping for business. If you can stay on top of your record-keeping throughout the year, you’ll have less of a headache come tax time next year. Not only that, but sound record-keeping in your business will enable better […]

What Grants are Available for Businesses?

Over the past few months, there have been a range of funds and grants made available for businesses to help with the fallout of COVID-19. While some of these have closed, we’ve researched a few other avenues that may be of interest, if you’re looking for support to help you weather the storm. Indeed, the […]

How to Save Money in Your Business

Saving money for your business is obviously a great initiative at any time. During hard times, however, it’s arguably even more valuable. Do you know how to save money in your business? The year of 2020 has, so far, been dominated by COVID-19 in many ways, not least of all the economy. Communities, businesses, and […]

Your 4 Week Plan

It’s no secret. COVID-19 has thrown most (if not all) businesses a curveball in 2020. Chances are you are either overrun with increased demand or, as is more common, the business has taken a hit and you’re busy pivoting and dealing with employee implications (among many other things). Either way, it’s not something you could […]

QBCC Requires Annual Reporting

The Annual Reporting requirement is part of the new reporting requirements that the QBCC introduced in the 1 April 2019 legalisation changes. The Annual Report The Annual Report asks each licensee to provide the QBCC with Financial Information (essential profit & loss and balance sheet information) from the most recent financial year – for most […]

Single Touch Payroll – from the Employers and Employees perspectives

Single Touch Payroll – For Employers & Employees On 1 July 2018 the Australian Taxation Office (ATO) began the rollout of their new ‘more efficient’ system for employers to report their employee’s wages, tax & super (Employee Obligations) information to the ATO. The Summary This system has been labelled as ‘single touch payroll’ as it […]