DFK Crosbie Blog
Business values, much like personal values, influence behaviour and provide a set of rules or guidelines to follow. However, in a business context, values are often set and ignored.
To avoid this, business leaders need to create values that can lead to action and align with the business’ overall mission. Consider the following
Although small businesses do not have corporate social responsibility (CSR) programs in place as large companies do, they do have just as much opportunity to contribute to sustainable business.
Businesses that adopt socially responsible business practices benefit by saving money on costs, attracting better quality candidates, improving... more
Keeping the business in the family when you decide it’s time to retire is a common decision for many business owners. However, ensuring the change of hand is carried out effectively is seldom done right.
If you plan on handing your business over to your child/children or any other family member, there are specific precautions... more
Business owners are faced with making decisions every day. And although the degree of severity differs, some decisions can make or break a business.
Fine-tuning your decision-making skills will help to make more informed decisions. Consider the following tips:
The Australian superannuation system is a fantastic option for everyone, allowing you to set up for a comfortable retirement. In fact, it's one of the best retirement systems in the world. The 2016 Mercer Melbourne Global Pension Index has Australia ranking third out of 27 countries!
There are several ways Australians... more
Parents with adult children still living at home have the best of intentions to help their kids get ahead, but they might be putting their own financial futures at risk.
At the time of the 2016 census, almost 400,000 non-dependent children aged 25 to 34 were living at home, an increase of 20 percent from five years earlier.
We have seen a rise in the number of enquiries from the Australian Taxation Office (ATO) in relation to employer’s compliance with the Superannuation Guarantee.
This increased activity is in line with a recent announcement by the ATO that they will be conducting additional audits in an attempt to recover the significant amounts of... more
When it comes to public holidays, business owners have the responsibility of getting it right. Consider the following:
National public holidays
Under the National Employment Standards (NES), the following days are national public holidays:
- 1 January (New Year’s Day)
Making sure employees are engaged and committed to their work will ensure they are making a valuable and profitable contribution to the business.
While daily tasks vary based on the type of business and industry, there are universal strategies employers and managers can implement to ensure employees are optimally engaged... more