Business Awards Bottrell Business Consultants are excited to announce that we have won the main award for Small Business under 20 Employees – Excellence in Small Business, at the Hunter Business Chamber 2014 Awards Night. The Hunter Business Awards are the most Prestigious Business Awards and this is our greatest achievement to date. We went through to […]
Looking for a Website Ranking Tool?
Looking for a Website Ranking Tool? Alexa initially offered a toolbar that gave Internet users suggestions on where to go next, based on the traffic patterns of its user community. The company also offered context for each site visited: to whom it was registered, how many pages it had, how many other sites pointed to it, […]
Police Officer Tax Deductions
Police Officer Tax Deductions Following is a list of suggested police officer tax deductions, which may be available to you. However, everyone’s situation will be different and it is recommended that you talk to us about any expenses you wish to claim. The Australian Taxation Office has issued a ruling (TR95/13) relating specifically to Police […]
Employee Teacher Claiming Work Related Expenses
Employee Teacher Claiming Work Related Expenses If you are an employee teacher claiming work related expenses, this information outlines some of the deductions you may be able to claim. The work-related expenses include: motor vehicle clothing, including compulsory uniforms, protective clothing, laundry and dry-cleaning self-education other – such as phones, calculators, electronic organisers, computers and software, […]
Australian Tax Rates
Australian Tax Rates Tax rates 2014-15 The Australian Personal Income Tax Rates & Thresholds for the 2015 Financial Year. The following rates for 2014-15 apply from 1 July 2014. Taxable income Tax on this income 0 – $18,200 Nil $18,201 – $37,000 19c for each $1 over $18,200 $37,001 – $80,000 $3,572 plus 32.5c for each […]
Starting a Business Instantly – Is it Even Possible?
Starting a Business Instantly – Is it Even Possible? Are you interested in starting a business right away? A business is a huge investment that will take away your financial, mental, social and physical resources in order to give you profits. You are going to have to get social in order to promote your products […]
Subcontractor Job
Subcontractor Job Who is a subcontractor? Do you know if you are? When you enter into a subcontracting business arrangement, you are simply accepting to work with an entity that can complete a given task at a given price. This entity could be an individual or a company and their contract is for service rather […]
Self-employment and the Time it Needs
With careful planning, discipline and hard work, self-employment can be turned into a successful career. But how much time does it take each day? As you are going to be your own boss, you will decide on time yourself. The following factors can determine time allowance needed by your business. Sort of self-employment idea you […]
Employment or self-employment – Which is better?
Are you employed or self-employed? Many people are fearful when it comes to leaving full-time employment to start a business. Some of those who are in self-employment are already sure that they want to be their own boss forever. But what is better between the two? Employment is fine if you do not desire to […]
Tools for Small Business Success
Tools for Small Business Success There are many tools for small business management that can make you so successful in a short while. As you know, small enterprises face a low capital challenge and so you might have limited manpower and time to achieve everything. So having tools that simplify your work and help you […]
Business Intelligence Applications and their Use
Business Intelligence Applications and their Use Business Intelligence, BI, is a term that describes a wide assortment of computer software solutions that let companies to continue tracking their most critical operations. BI keeps on reporting applications and offers analysis tools. It may entail spreadsheets, dashboards, tabular reports and charts among other things. These can be […]
Vision Statement guidelines – What does it mean?
Vision Statement guidelines – What does it mean? A vision statement is a single sentence that can communicate a million words about your company. It may take longer to come up with but the result will be so inspiring. A vision will always guide your human resources, and be referred to when goals, products and […]
Balanced Score Card tips: Definition and Uses
Balanced Score Card tips: Definition and Uses Do you know what a balanced score card is? It is a strategic tool for planning, managing and aligning business activities to the company’s vision and goals. It is adopted by private and public organizations alike. This special system is so important when it comes to improvement of […]
Key Performance Indicator – What does it Mean?
Key Performance Indicator – What does it Mean? The Key Performance Indicator, KPI, is a quantifiable measurement for the company’s progress toward achievement of its goals. Alternatively called the Key Success Indicator, KSI, KPI is set beforehand and it reflects the success factors of a company. The Key Performance Indicator can vary The Key Success […]
Accounting Profit and Cash Flow – What is the Difference between Them
Accounting Profit and Cash Flow – What is the Difference between Them There is a difference between accounting profit and cash flow. The former refers to the revenue gathered from the sale of services and products minus expenditures. It does not matter whether the payment is in cash or not received yet. Then expenses are […]