Your business, contractor payments and the Australian tax office.

The recent Federal budget included a proposed reporting system that the government will introduce, firstly to the building industry and associated businesses, but there are some industry experts that suspect it will be implemented to all businesses over time. In summary the proposal requires businesses to report to the Australian tax office the amounts paid […]

Will the National Broadband Network mean boom or bust for your small business?

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Will the National Broadband Network mean boom or bust for your small business? In only 8 years, the National Broadband Network will connect more than 90% of Australian homes, schools and workplaces to the internet at speeds up to 100x faster than most of us experience today. If your small business is prepared to take […]

Don’t let your Financial Year End be a Taxing time.

As the financial year nears its end it’s time for businesses to tidy up their books and ensure that they have all the required information for their Tax Accountant. You are paying your accountant for his time to prepare your tax return and each time he has to stop and request additional information and then […]

Finance Tips for Tax Time

Do you have business or investment property loans? Did you know you may be entitled to claim some of next year’s interest in this year’s tax return, depending on your tax position. This option may be suitable for individual investors or small businesses (who are STS taxpayers) with surplus cash flow in the current year, […]

Getting Started on Facebook – Top Tips for Promoting Your Business Page

Used wisely, an active Facebook page is one of the most effective ways of generating word-of-mouth interest, building a community and keeping your message at the top of your audience’s minds.  With a single click of the “like” button, visitors will become “fans”, allowing your updates to appear on their news feed.  In a very […]

Managing and Motivating Employees to achieve sales

No matter what business you are in or what products and services you sell, you will always need to have highly motivated staff to sell and provide excellent customer service. We have worked with many companies to boost company and individual performance; so here are our tips. Companies with performance management systems have: – Higher […]

Discounting for Profit?

In our current economic climate businesses are continually looking at improving their competitive advantage and getting “one up” on the competition. As a result many businesses have resorted to discounting as an easy marketing technique. Whilst the increased sales are an obvious positive we need to also look at the negatives involved. Will discounting cheapen […]

Have you set up your business to fail?

How are you going to grow your business? Are you going to fall in the same trap of thousands of other business owners? Do you have a strategy to ensure you are successful? It is a well-established fact that most successful businesses are successful because they implement the appropriate processes and procedures that enable them […]

Your Balance Sheet isn’t BS

Financial Statements can be a bit of a mystery to the uninitiated. If you begin to glaze over when it comes to looking through your Balance Sheet – you’re not alone. We are often asked “What’s the Balance Sheet for and what does it really mean?” It often comes as a shock that the Balance […]

The Six Steps for Successful Negotiation

Recently I visited a client who since the Queensland floods, was struggling to obtain raw materials and services that had been ordered previously. Apparently they were unable to expedite delivery due to a limited amount available since the floods. I then became involved and was able to organise a compromise which meant my client was […]

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