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“I own a business and this is my dilemma…It’s a family business but it’s time for us to think about moving on. The problem is, we’re not sure who should take it over. Should we keep it in the family? And how do you choose the best person to run the business without creating a rift about who’s getting what?... more
AUSKey will be retired in March 2020 to make way for the new online services systems the ATO is developing, “MyGovID” and Relationship Authorisation Manager (RAM).
MyGovID is an authentication service that will allow individuals to prove who they are online. This system will work by establishing your identity once online and... more
Effective negotiation strategies leave all parties satisfied while improving and maintaining personal relationships.
The key to success is remembering that everything is negotiable, and to get a deal you must ask for one. Negotiating is not always a straightforward process, with many people even finding it uncomfortable. It doesn’t... more
Businesses must be mindful of the relevant regulations when setting prices and advertising products or services to ensure they aren’t misleading their customers.
Like many other areas of business, marketing efforts are regulated and need to comply with the legal requirements.
Motor Vehicle, Business Equipment and Machinery Finance
There are a number of different options to consider when financing a motor vehicle or business equipment and machinery, for which the most common used are;
The facility is a commercial... more
The small business income tax offset can reduce the tax that an eligible business pays by up to $1,000 each year.
Also known as the unincorporated small business tax discount, the offset is calculated on the proportion of tax payable on your business income. The rate of the offset is 8% up to the end of the 2019-20 income year. It... more
Creating an inclusive workplace environment for all employees can increase productivity, provide positive wellbeing and deliver retention benefits.
An inclusive workplace is one that sees a diverse range of people encouraged to provide their own individual skills, knowledge and background to the business. When people have a sense of community,... more
Using the most advanced GPS tracking available you can now track and manage journeys and business mileage with ease. You can either simply tap 'start' and the App will track the journey (even when minimised) and press 'stop' to end the tracking, or set the app up to automatically track all journeys. The App will automatically... more
How to use your own live data for successful business planning and strategy.
As a small to medium business owner, chances are you want to grow your business to achieve your goals and ultimately enjoy the fruits of your labour. Technology is certainly on your side. Today’s accounting software makes the financial... more