Top Five Government Grants for Startups

By: Startupsmart The government support offered to startups across Australia is the envy of many entrepreneurs around the world, but these grants can be a tough nut to crack. The lengthy applications, process times and chance of rejection are enough to put most off, but for those who win it can be a game changer for […]

July 10, 2018
Tax

July 1 Legal Changes Your Small Business Needs to Know About

By: Eloise Keating It’s that time of the year again. You’re (hopefully) well on your way to getting your tax affairs in order as June 30 approaches, and come Saturday, your finance team will be putting their feet up for a well-earned rest. But amid the mad rush of the end of the financial year, it can hard […]

July 6, 2018
Tax

GST Credit Claims: the Details Your Business Client May Need to Know

By: Steve Burnham Most small business owners stay on top of their GST refunds, mainly because of the cash flow concerns that very much seem to dog many small businesses. However you may now and then have a business client that lets these things slip, and what they may not know is that they have four years […]

June 29, 2018
Tax

Tax Tricks for Small Businesses This EOFY

By Adam Joy Small businesses have different considerations to make at tax time compared to their larger counterparts. Here’s Adam Joy, CEO of the Australian Lottery and Newsagents Association (ALNA), with a rundown on what you should be focused on. The close of another financial year once again marks the time to get the books […]

June 28, 2018

Why Freelancers Could Be the Key to Business Success

By: Brian Mcdonnell Technology-fuelled digital disruption will continue to transform the Australian workforce, and the emergence of the peer-to-peer, sharing or ‘gig economy’, as we have come to know it, is one of the fastest growing examples of this. In the past, freelancers have been constrained by availability and lack of income stability, but now […]

June 26, 2018
Tax

Have a Stress-Free July: Five Tax Time Tips from the ATO for SMEs

By: Dominic Powell It’s no secret that tax time can be one of the most painful times of the year for business owners, with a seemingly ever-changing list of things on the Australian Taxation Office’s (ATO) hitlist and numerous concessions and deductions to keep in mind. To help out, the ATO has released a short list […]

June 21, 2018

4 Things You Must Do to Ensure Your Start Up Thrives

By: Alan Manly ‘Business is business’is the mantra of entrepreneurs. On the surface it alludes to the harsh reality of a daily battle for survival, but the deeper meaning is the difference between a surviving business and a thriving business. With that in mind, there’s four key things to do to ensure you’re thriving: Know […]

June 6, 2018

Small Businesses Should Live for a Budget

By Sam Allert Any first time business owner will encounter the world of numbers and sometimes, become stuck among the intimidating and sometimes confusing jungle. Budgets; a word no one is thrilled to hear but its presence is critical to the success of a business. It’s important you live for a budget. Make budgets your […]

May 29, 2018

The Many Factors to Consider When Starting a Business

By: Max Newnham It doesn’t matter whether a business is started from scratch, or any existing business is purchased, there are a number of factors that must be considered. Although one of the main considerations is maximising tax benefits for the owners, there are other matters that must be considered. Q. My wife and I are […]

May 7, 2018

How to Reduce Your Risk as a Business Owner

By Katrina Haskew As business owners, we sure do have a lot on our plates. Balancing the day-to-day of running a business with high-level strategic and growth activities can be enough of a challenge by itself. However, things can go completely off kilter if something goes wrong, and you don’t have the proper protections in […]

April 27, 2018