By: Ivan Seselj Throughout the world, the pace of digital disruption is increasing by the day. Business models are being challenged, workplaces altered and career paths brought into question. Change has become the only constant. To survive in this ‘new normal’ world, organisations must constantly strive to innovate. Those that do stand to succeed, while […]
By: Steve Burnham Home office expense claims are subject to the same general substantiation requirements as other deductions – that is, records must be kept for five years. But in practice, full compliance with the substantiation rules may be difficult. It may be simple to keep a receipt for a printer purchased for a home […]
By: Fiona Amarasinghe To succeed in business, we’re told we need to know exactly where we’re going. But if ‘getting your offering just right’ is stopping you from taking action, it’s time to forget clarity and take an aimless leap. Hands up if you don’t really know where you’re going with your business? There’s a lot […]
By: Peter Khalil Businesses must navigate a multitude of risks daily. While large companies tend to have dedicated “risk management” departments, which monitor threats to profitability, among SMBs, risk management often begins and ends with physical risks, including those posed by work health and safety hazards. But what of the risk of competition, market conditions, cyber security breaches and emerging industry disrupters? SMBs can’t afford to take these […]
By: Dinushi Dias Becoming a public company can be a major achievement for a startup and while it’s not for everyone, founders with their eyes set on this path should start planning as early on as possible. If you’re on the fence about whether the stock exchange is the best place for your startup, JCurve chief […]
By: Amanda Westphal Over the years I’ve received a LOT of great business advice. And, after compiling it all into this one post for your reading pleasure, I realised all that advice had one important thing in common. You should always do the hardest task of the day first. Eat the frog, as they say. No […]
By: Max Newnham Success in business is all about finding a hundred 1 per cent savings and improvements, rather than looking for the one solution that delivers a Tattslotto-like 100 per cent improvement. This focus on looking for improvements covers everything from improvements to profitability, reductions in expenses and maximising tax advantages. One area where many small […]
By: James Harkness New research by MYOB highlighting the financial and emotional toll late customer payments are having on SME owners has prompted the cloud accounting provider to renew calls for federal government and big business to implement a solution. The company’s latest SME Snapshot, revealed 77% of business owners had been impacted by late […]
By: Andrew Watson Small businesses often have specific financing needs and may require funding support to compete in international markets or to fulfil export-related supply chain contracts. For businesses trying to navigate that next growth phase into an overseas market, there are a number of differences between exporting and operating in Australia which will have […]
By: Steve Burnham It’s not mandatory for a business to have an Australian business number (ABN), but there are a few good reasons why you should. Foremost among them will be that without one, your business will probably feel a whole lot poorer than it should.How to get an Australian business number Other businesses that deal […]
