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Posts Tagged ‘business’

Succession Planning – Building Your Business Legacy

May 24th, 2024

As a hardworking business owner, you understand that success doesn’t come easily – it’s earned through hard work, dedication, and relentless effort. So, when it’s time to step back from your business, how do you know it is in a position to continue to thrive? That’s where succession planning comes in… Succession Planning – What’sread more

Equipment Finance – EOFY Deductions Await!

May 9th, 2024

As the end of the financial year (EOFY) approaches, Australian business owners are presented with a strategic opportunity to enhance their operations and optimise their tax position through equipment finance. Financing new equipment or vehicles is not only a pathway to modernising and increasing the efficiency of your business but can also provide significant taxread more

How to Improve Profit and Cash Flow in Your Business

April 23rd, 2024

The success of a business can be measured in a number of ways however the bottom line, literally and figuratively, is profit. While longevity, public perception, and product or service quality are a few other things that factor in, the financial health of a business will always be a critical metric in determining its valueread more

Five Simple Steps for a Winning Unique Selling Proposition (USP)

April 3rd, 2024

In today's competitive market, distinguishing your business with a Unique Selling Proposition (USP) is more than a strategic advantage—it's a necessity. A well-defined USP articulates why customers should choose you over the competition. It's not just about having a superior product or service; it's about clearly communicating the unique value you provide to your customers.read more

Why Are So Many Businesses Moving to Xero?

March 25th, 2024

In a world of many options, business owners have several choices when it comes to the accounting software package they use, but Xero is by far the largest and fastest growing player in the market in Australia & New Zealand. That’s no coincidence – there are a number of reasons why so many business ownersread more

Act Now: ATO Interest Charges Will Soon be Non-Deductible

March 13th, 2024

Do you have ATO interest charges hanging over you? Hoping to claim them as a tax deduction when you pay them off? If so, read on, because a recent Government announcement aims to put a stop to interest charge deductibility. Previously, general interest charge (GIC) and shortfall interest charge (SIC) could be claimed as aread more

Understanding the Closing Loopholes Bill (No 2)

March 7th, 2024

Australia's employment landscape is on the cusp of significant transformation with the recent passage of the Closing Loopholes Bill No 2 through the Senate on 8 February. Aimed at tightening the reins on workplace practices, this legislation brings to the fore new protections for employees, casual and gig workers, along with a revised legal definitionread more

Unfair Contract Terms (UCTs) – Australian Businesses on Notice

February 14th, 2024

Australian business owners are now on notice, following significant changes to the Unfair Contract Terms (UCT) regime under the Australian Consumer Law, effective from 9 November 2023. The changes are aimed at protecting Australian businesses and consumers, and ensuring standard form contracts are fair to all parties. This legislation brings with it substantial penalties, soread more

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