By Mark Hearl When it comes to acquiring finance for your business either to get started or expand, traditionally banks have been the popular option; however, with more than half of SME loan applications being rejected by banks every year, banks are proving to be yet another hurdle for small businesses. Whether it is to […]
By: Max Newnham How a person receives income from a business depends on how they own the business. When a business is owned as a sole trader they receive the income in the form of net business profits. Because a person cannot employ themselves they cannot receive a wage from their own business. When a business […]
By Angela Hicks Workplaces continue to evolve. The needs of employees are constantly changing. It has never been so pertinent for businesses to adopt innovative strategies, become more flexible and address the emerging needs of their people and the new business environment. Carlson Wagonlit Travel (CWT) introduced an ‘anywhere working’ initiative last year across all […]
By Alexandra Cain You can claim your website under the $20,000 instant asset write-off scheme There’s a huge amount of misunderstanding around the federal government’s instant asset write-off for small business expenses valued at $20,000 or less. According to research by Officeworks and H&R Block published on Wednesday, 78 per cent of small business owners don’t […]
By Jayde Ferguson When was the last time you reviewed your business? Every owner should conduct an extensive review at least once a year to stay on track. It doesn’t matter if you’re running a small firm or a large corporation – every business benefits from a solid plan of attack. Annual reviews allow you […]
By: Max Newnham The rules relating to the deductibility of business losses differs depending on the type of business structure used. When individuals run a business, either as a sole trader or a partnership, one of the four non-commercial loss tests must be passed. These tests do not apply to other business structures such as companies […]
By Bessie Hassan The fact that Aussies love the beach is undisputed worldwide. What is concerning, however, are the potential business impacts, with a survey of 2000 adults, undertaken by Finder.com.au, revealing that one in seven (14%) have cashed in their sick leave to get some sun and hit the waves. Every time an employee decides to […]
By Anita Sambol Is your start-up gaining momentum to the point that work is piling up and your small team is struggling to keep up? Outsourcing a few tasks might be just what your team needs to concentrate on their field of expertise and achieve the best possible results. Deciding what to outsource might be one of the key […]
By Brad Kean Australians will feel the impact of the upcoming new credit card interchange regulations — we’re a nation of points junkies with 11 million Qantas Frequent Flyers * alone. But while everyone’s thinking about how the reverberations of these changes affect consumers, it’s easy to forget that new interchange rates raise a number […]
By Rony Chiha Determining the right marketing budget for your business can be difficult – it’s a fine balance between not spending enough and spending a lot more than you need to to be effective. The first thing you should do is look at your budget and how much you CAN afford to spend, before assigning […]
