Facebook marketing tips from Bottrell Accounting and Taxation Advertising, Marketing & Selling Products & Services for your business on Facebook is something that should be well planned and requires that you understand the Social Media platform to insure the success of your Business Page. Facebook Business Page Hint & Tips.   1)     Why should you […]

Small Business Advice The team at East Maitland Accounting & Taxation (Subsidiary of Bottrell Business Consultants) provides expert Small Business Advice across Maitland, Newcastle & across Australia. We can assist with the following;- Professional Services Business growth advice and strategies Tax minimisation strategies and advice Financial reporting (profit and loss and balance sheet) Interim and […]

10 Business Plan Benefits Too many people don’t bother to write a business plan because they think it’s too hard or unnecessary unless you’re looking for funding. That’s a shame. These myths keep a lot of people from the benefits of planning. If you’re still skeptical, here are 10 benefits to business planning you shouldn’t […]

Registering for a business name: Do I need to register a business name? A business name is simply a name or title under which a person, or other legal entity, trades. If you only want to trade under your own name, such as Sally Smith, then you don’t need to register a business name. If you […]

You ABN and Trading Online Whether you plan to run a conventional business or expect to trade in a strict online capacity, you require anABN if you use any operational identity outside of your own name. Primarily, it is vitally important that your shop-front is professional in every conceivable way and an ABN shows your […]

Do I need an ABN to Open an Online Store? If you plan to sell your latest must-have products on an online store, you will need an ABN (Australian Business Number) to get the most of your new venture. Prior to the advent of the Internet, most businesses built their start-ups on professional experience such […]

5 tips to manage your debtors (Accounts Receivable) We all know how important cash flow is for the survival of our business, but do we take care of the basics to ensure cash is in our hands as quickly as possible after making a sale? When we start to think about how cash flows through […]

ASIC ASIC has warned the real estate industry that agents recommending investors use a Self Managed Superannuation Fund to invest in property may inadvertently be providing financial product advice and as such need to ensure they are appropriately licensed (under Australian Financial Services) to provide the advice.   Interested in joining our team? Why not […]

Exchange Rates October 2013 Foreign exchange rates have been released. Rates for selected countries include –       Europe                         0.7283 –       Hong Kong                   7.5967 –       Japan                           96.7009 –       New Zealand                 1.1700 –       United Kingdom            0.6116 –       USA                             0.9816   Interested in joining our team? Why not apply today?  About Our  Traineeships:- Join […]

Centrelink Clients Some Centrelink Clients must lodge by 30 June 2014 if –       You intend to lodge a lump sum family tax benefit, child care benefit or Single income Family supplement claim for 2012-2013 financial year –       If you received or expect to receive family tax benefit, child care benefit and or Single Income Family […]

Top five perks of being an entrepreneur –          Mates rates. Entrepreneurs usually have mates in business that are willing to offer discounts –          Invitations. Everyone wants you to attend networking drinks, black-tie events and business dinners. –          Free advice. Most entrepreneurs can pick up the phone and call someone for some game-changing business advice. –          […]

How to stay awake in meetings Here are some tips to keep your employees drowsiness at bay during staff meetings: –          Work your crowd –           Switch coffee urns for water jugs –          Stimulate your nostrils –          Bend and stretch regularly –          No death by slide shows –          Ensure that the temperature of the room is […]

Rental properties Rental Property Income –          Rent received –          Other income produced by the rental property. Eg Water usage reimbursements   Deductions –          Advertising for tenants –          Bank charges –          Council Rates –          Body corporate fees and charges –          Cleaning –          Council rates –          Electricity and gas –          Gardening and lawn mowing –          Insurance o    […]

Tax paid on difference of assessable income and allowable deductions We pay tax on the difference of our assessable income and allowable deductions, but what is included in these?   Assessable income includes wages, allowances, some government allowances and pensions, superannuation income, interest, dividends, rent, managed fund distributions, capital gains and business income.    Allowable […]