Insolvent trading – what you need to know
The world has suddenly been plunged into a whole new chapter when it comes to owning a business. Some of the old rules don’t seem to apply – especially when the government can mandate an almost instant closure of your business. This week we’re now starting to hear...
Superannuation review – does your business need to do one?
With so many businesses being in the papers in the last year or so for mis-paying their staff members, we thought it might be a good time to look at something you might have missed - superannuation. Changes to salary sacrifice superannuation for employers On January...
Things to think about before starting a business
And well before you quit your job Ah February, the time of the year when life and business mostly returns to business as usual. However, have you returned from the Summer break (bushfires not withstanding), only to find that you have that niggling feeling that maybe...
Making sure you get paid
Last blog post was about being prepared for the worst – in terms of estate planning for yourself and your family. This post, we wanted to address protection and preparedness from a business perspective – in other words – how to ensure your invoices get paid –...
Getting your estate planning in order for 2020
Best be prepared! Happy New Year! It’s been a bit of a wild start to the year with all the bushfires. But all the warnings to prepare your home and family to either stay and defend or leave early got me thinking about the decisions we make before disaster comes to...
Financial literacy in young Australians
Recently we wrote a blog on budgeting aimed at helping you find ways to achieve your financial goals for the coming year. Given there’s nothing like a new year to ring in the changes you’d like to see moving forward, we thought it might be the perfect time to talk...
Franchise due diligence
Doing due diligence – 3 tips to help There seems to be a bit of an annual tradition in Australia as the year draws to a close. Almost everyone takes a significant chunk of annual leave and the time and space to think gives one pause for thought; possibly wondering if...
Navigating today’s sharing economy – your tax obligations
Tax time may have quietened down, but not everybody is breathing a sigh of relief in its wake – especially those participating in the new sharing economy. You may have seen Air BnB in the news over the past few weeks, embroiled in a tonne of issues with some taxation...
Crowdfunding – alternative finance considerations you need to be across
Benjamin Franklin once said: “If you want to know the value of money, try to borrow some”. If you’re an Australian who’s tried to take out a business loan in the last few years, you might have a bit of an idea of what he meant by that. With the volatility of the...