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Posts Tagged ‘small business’
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
Developing a Small Business Marketing Budget
December 18th, 2020Developing a marketing strategy for a business involves a lot of moving parts. You must have established goals (that are, or course, SMART: Specific, Measurable, Achievable; Realistic; Time-Bound); a reasonable understanding of the different types of marketing activities that businesses can undertake; and perhaps most valuable of all – you have to have the timeread more
Home-Based Businesses – Know your Deductions
November 6th, 2020Now that another financial year has been and gone, it can be tempting to put tax to the back of your mind as you gear up for another busy year. However, if you’re running a business, particularly from home, it is crucial that you keep on top of what you can claim as a deductionread more
Update: Coronavirus SME Loan Guarantee Scheme 2.0
October 13th, 2020Forming part of the Government’s Coronavirus stimulus package measures, the SME Loan Guarantee scheme was introduced to provide working capital support to Small and Medium Enterprises (SMEs) with an annual turnover of less than $50 million. Since its initial phase, the Government has announced changes to the scheme to broaden its reach and provide moreread more
The Return of the Superannuation Guarantee (SG) Amnesty
March 26th, 2020As we’ve outlined in a previous article, the government’s Superannuation Guarantee (SG) Amnesty was initially introduced in 2018. The SG amnesty has now been resurrected, and employers are once again being afforded the opportunity to rectify SG issues. So - what should you do if you think you have outstanding contributions owing? The SG Amnestyread more
Exploring the Government’s COVID-19 Stimulus Package
March 13th, 2020Are you concerned about the effect Coronavirus (COVID-19) might have on your business? The Federal Government has announced plans to release a stimulus package, to the tune of tens of billions of dollars, with a view to reduce the impact on businesses and the broader economy. Small businesses with apprentices, and businesses who have, orread more
AUSKey Soon to be Cancelled – Are You Ready?
February 17th, 2020In case you’ve missed it – the Australian Taxation Office (ATO) will be retiring the AUSKey service on 27 March 2020, with a view to replacing it with myGovID and Relationship Authorisation Manager (RAM). This means if you’re currently using AUSKey to access the Business Portal, and you’re yet to sign up for MyGovID, youread more
Running a business? It’s okay not to be great at everything…
June 11th, 2019Starting and running your own business is exciting, challenging and, at times, incredibly busy. Best of all though, it can be one of the most rewarding things you’ll ever do. A common reason for setting up a business is because a person knows that they’re really good at something, and wants the potential flexibility andread more
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