Hiring the right employees is vital for the success of any business. Companies that prioritize finding the right fit for their organization often find themselves in a better position to achieve long-term growth and profitability. The hiring process is an investment in the future of your organization, and recruiting the right talent is an essential […]
The Benefits of Creating a Financial Plan for Your Business
Financial planning is an essential aspect of managing a successful business. It provides a roadmap for achieving financial goals, managing resources effectively, and ensuring long-term sustainability. By creating a well-structured financial plan, businesses can effectively navigate through various economic scenarios and make informed decisions that contribute to their overall success. This article will explore into […]
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 […]
ATO correspondence
ATO correspondence Editor: The ATO has asked that we (and other professional associations) share the following information regarding their recently published guide on “Finding ATO correspondence”. This is no doubt thanks to the angst we (and others) have been passing on to them regarding how difficult it has become to keep track of these communications. […]
Increase ‘small lost threshold’ for super
Increase ‘small lost threshold’ for super The superannuation (Unclaimed Money and Lost Members) Act 1999 was recently amended* so that, from 31 December 2015, the small lost threshold for super accounts is increasing from $2, 000 to $4, 000. (*) Amended by the tax and superannuation laws amendment (2015 Measures No. 4) Act 2015, which […]
Recent advice regarding LRBAs and SMSFs
advice LRBAs SMSFs advice LRBAs SMSFs In a recent meeting of the Superannuation Industry Relationship Network (involving the ATO and others in the industry), it has been reported that the ATO wants all SMSFs with non-commercial related party limited recourse borrowing arrangements (LRBAs) to put them on arm’s length terms as soon as possible, and […]
Finding client’s correspondence
Finding client’s correspondence Finding client’s correspondence Editor: The ATO has asked that we (and other professional association) share the following information, regarding their recently published guide on “Finding your client’s correspondence”. This is no doubt thanks to the angst we (and others) have been passing on to them regarding how difficult it has become to keep […]
Declaration for tax and BAS agents
Declaration for tax and BAS agents The Tax Practitioners Board (TPB) has advised that, from 2016, registered tax and BAS agents will need to complete an annual declaration with the TPB to demonstrate they are meeting their ongoing registration requirements. “Registered tax and BAS agents must submit an annual declaration to the TPB on the […]
Disruptive Innovation
Disruptive Innovation DON’T BE AFRAID TO RUFFLE THE FEATHERS What is disruptive innovation? Disruptive innovation is a relatively new term. Its premise lies in the model of smaller companies with fewer resources and power that gradually challenge and overpower successfully established businesses by inventing new technologies to replace the old, and in the process, gain […]
Gen X Vs Gen Y
Gen X Vs Gen Y WHICH GENERATION IS BEST FOR YOU? A Boomer, an X or a Y? The Boomers, the Lost Generation and the Millennials. Chances are you have at least one of each amongst your employees. Each has their trademark personality traits, downfalls and work ethics. However, if you learn to embrace […]
The Art of Mindfulness
The Art of Mindfulness TAKE A MOMENT TO JUST STOP AND BREATHE The Art of Mindfulness How often do you just stop, put your phone, ipad, ipod or laptop down and just sit and take it all in. It is something that we don’t do very often, however something that we need to ensure […]
Leadership Benefits
Benefits good leadership LEADERS AREN’T BORN – THEY ARE MADE The benefits good leadership “If your actions inspire others to dream more, learn more, do more and become more, you are a leader.” – John Quincy Adams Successful companies have a common dominant feature – a good leader. Someone who is confident and inspiring at […]
Social media Growth
Social media Growth Social Media Growth GROW YOUR BUSINESS THE SOCIAL WAY Growth of social media Why you need to invest in your growth of social media Social media is everywhere you look. It is so entrenched in our everyday lives – both personal and professional. From the stay-at-home-mum to tradies and CEOs, social […]
Running an Effective Meeting
Running an Effective Meeting Running an effective meeting TOP 5 TIPS TO RUNNING AN EFFECTIVE MEETING Meetings can be a giant time waster and drain on staff resources and time if they are not well planned and managed. Like orienteering without a map – without a clear set intention for a meeting, you and your […]
Cost of meetings
Cost Meetings Cost Meetings THE LEAKING TAP OF TIME AND HUMAN RESOURCES Know the cost of your meetings Meetings can be a massive drain on both human and time resources. If not run effectively without a clear purpose, they can gobble a large amount of time and money that could be better spent on productive […]