Business Tips for Mining Contracting
Starting a mining contracting or subcontractor business in Australia can be challenging but rewarding. As a miner or associated with the industry, you will be potentially working alongside large & registered mining companies (Tier 1, 2 or 3 Businesses) or even listing companies here in Australia or foreign-owned businesses. To set your business up […]
50 Actionable Tips for Small Businesses
Welcome to Bottrell Business Consultants, where we are dedicated to helping small businesses improve and grow. As the director, Gavin Bottrell, I understand the challenges and opportunities of running a small business. That’s why we’ve put together this list of 50 tips for small business owners looking to take their business to the next […]
40 Tips for Tradies: How to Grow Your Business
15 Tips to improve your Budget!
Are you looking to improve your Budget and cash flow in the new year? If so, these 15 tips can help you get on the right track. From setting financial goals and creating a budget to cutting unnecessary expenses and increasing your income, you can use various strategies to manage your money better. By following […]
Tax Treatment of Cryptocurrencies
Capital Gains Tax If you acquire cryptocurrency as an investment, you may have to pay tax on any capital gain you make on disposal of the cryptocurrency. Regardless of any market fluctuations, you do not make a capital gain or loss until you dispose of your cryptocurrency. A disposal can include: Selling or gifting cryptocurrency […]
How will aged care affect your family?
Naturally, when investigating options for an elderly person, finding the right level of care is crucial, as is anticipating future care requirements and planning for them. Given a choice, most people would prefer to remain in their own homes and the government has committed to ensuring that home care resources will be gradually increased over […]
A Guide for Start-Ups
It’s a huge step in anyone’s life to launch a business. Not only do you need to have a feasible idea and finance behind it, you will also need to deal with competition, the economy and the constantly evolving marketplace. There will be times you will need to take risks, but without risks how can […]
Aged Care: Levels of care
Levels of care Care options include in-home care and residential care providing standard accommodation and personal services. Residents pay for optional additional services. In-home Care Four levels of care: Basic Low level Intermediate High Best suited for Elderly person/s capable of living safely and independently in their own home. What it includes Actual services included […]
Marketing for new businesses
What is marketing? Marketing is more than just advertising. It’s a concentrated effort to get your business across to the customer by pushing it from every angle. Marketing involves the product itself, branding, price points, where you sell it and the way you promote it. There’s an old marketing principle that says customers need to […]
Aged Care Planning: Assessment
The first step – Assessment Illness, disability or the passing of the years can make it difficult for you or your loved one to maintain an independent lifestyle. The ideal is to remain in one’s own home for as long as is reasonable and safe, but knowing when independence is no longer feasible is the […]
Bootstrapping a business
What is Bootstrapping? Bootstrapping a business is when an entrepreneur uses their own money as start-up capital for their business. The term comes from the old saying ‘pull yourself up by your bootstraps’ and refers to getting something done yourself. This method of financing allows you to have 100% ownership of your business and not […]
What is your aged care funding strategy?
According to the Australian Bureau of Statistics, in 2017 almost 3.8 million Australians were aged 65 and over. Consider for a moment: this figure shows those people contemplating aged care for elderly family members are fast approaching the age when they’ll need it themselves. Sobering thought. What this means is that as aged care becomes […]
Do you know who gets your super?
Who decides what happens to your superannuation savings when you die? You may think that you do, but that isn’t always the case. The ultimate decision may be made by someone you don’t even know – the trustee of your superannuation fund. Let’s look at how you can have greater control. BINDING DEATH BENEFIT […]
How the family home can affect aged care fees
One of the key tasks for anyone assisting an elderly relative with the move into aged care is to investigate the various fees and charges, some of which are subject to both assets and income means tests. As the family home is often the largest asset and can be a source of income if rented […]
