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Posts Tagged ‘business improvement’
Rethinking your Small Business Marketing Mix
September 17th, 2021Much is made these days about the digital nature of marketing your small business – an amazing website, being found online with good SEO (Search Engine Optimisation) and allocating a portion of your marketing spend to Google Ads. While these are all valid ways to grow your small business, many business owners tend to overlookread more
Demystifying the Employee vs Contractor Confusion
September 3rd, 2021Finding employment solutions for your business is a challenge - sourcing the right person, with appropriate experience, at a fair wage, isn't always easy. Furthermore, classifying your workers correctly as a contractor or employee may not always be clear when you're recruiting for a role, and is an area where many businesses have been caughtread more
Benchmarking – How Does my Business ‘Stack Up’?
July 27th, 2021Have you ever wondered how your business ‘stacks up’ against similar businesses in your industry? What are all the other businesses doing that may be different to yours? What if there was a way you could measure the financial performance of your business on a regular basis? All of the above questions (and many more)read more
Small Business Lockdown Assistance Grants – A Quick Guide
July 23rd, 2021Lockdowns and restrictions brought in as a result of COVID-19 outbreaks have had a significant impact on small businesses, their owners, and their staff. In an attempt to ease some of the financial hardship caused by the most recent WA lockdown and interim restrictions (12.01am Tuesday 29 June 2021 – 12.01am Tuesday 6 July 2021),read more
The ATO’s Shift to Electronic Correspondence – What You Need to Know
May 5th, 2021The Australian Taxation Office (ATO) is working to move the majority of their communications with business owners from paper-based and traditional mail to electronic correspondence. While the changes are welcome from an environmental and efficiency point of view, it does require some preparation and an increased level of attention on things such as MyGov andread more
Casual Employee Conversion – The Details
April 29th, 2021Casual employment serves many purposes within a workplace. For employees, it’s a good chance to work for a higher hourly rate (casual loading) and potentially work for a variety of employers concurrently. For employers, upshots include the fact that there is no requirement to accrue leave entitlements for casual employees, and that such employees canread more
Deal Execution – Maximising Success in Business Acquisitions
April 15th, 2021In our previous articles for Incisive Due Diligence (focusing on the business acquisition space) we’ve covered some of the important phases and factors involved in purchasing a business and making it work. Deal execution is the art of bringing all the moving parts together pre-settlement, and that’s what we’ll be looking at today. Executing aread more
6 Key Metrics to Understand Your Business’ Financial Position
January 28th, 2021As is the case in every aspect of business, the financial side of any enterprise contains a lot of moving parts and requires not only a great deal of understanding, but a significant portion of your attention as well. While the day-to-day workload can get in the way of analysing your business’ financial position, thereread more
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