Financial management is one of the essential aspects of every business. In past days, the financial is not huge and can be managed by a single person. But now, business keeps growing so financial responsibilities have been increased. Most of the business owners and entrepreneurs use to make more errors at this stage. Accounting is […]
Keeping your business safe online
The Australian Competition and Consumer Commission (ACCC) received more than 5400 reports of business scams in 2017, with total losses due to scam activities of more than $4.6 million, an increase of $900,000 on the previous year. Almost 3000 of those hit were micro and small businesses. They accounted for just shy of $3 million […]
A guide for selling or closing your business
As a hard-working small business owner you have likely spent years building your own livelihood, and now for whatever reason, you have decided the time has come to sell or close down your enterprise. To assist you, the Australian Tax Office provides detailed guidance on important legal and taxation matters you will need to address […]
What can you tell your employees about Superannuation?
A common question asked by employees is “what should I do about my super?” If you are an employer or a manager, it can be tempting to give an answer if you are confident in your knowledge of superannuation. However, just about anything helpful you have to say will likely fall within the definition of […]
