Buying an established business can represent a huge challenge – and a huge opportunity. Dr Vanessa Atienza-Hipolito bought a long-standing health business eight years ago and has discovered there is always more to learn. While many business stories begin as an idea that sparks a start-up, small business success stories can take other forms too. In...
If your business has been affected by a skills or labour shortage, here are some ways you can take action to keep your business thriving. One of the many ongoing impacts of the COVID-19 pandemic has been the shortage of skilled or available workers across many industries. Some workers may have changed careers or industries, others may have moved...
How can you effectively set goals in your business? We spoke to Trevor Flint, founder and director of Capstone Associates.
As a business owner, there might be times when you have uncollected goods from your customers sitting on your premises. This might include furniture or equipment left behind in a space, or something your customer never came back to collect, such as a watch or even a car left for repairs which turned out to be more than the value of the item itself...
Being aware of the early warning signs that your business may be in trouble will provide you with the best opportunity to take action and turn things around.
Whether you’re just starting out in business, or you’ve been your own boss for years, the end of the financial year (EOFY) can be a busy time. To help you organise your financial records and find the paperwork you’ll need to pass onto your accountant, we’ve put together a handy EOFY checklist to help you. Download our free EOFY checklist Reporting...
In many local government authorities, compliance officers spend time dealing with applications in which a small business has signed a lease agreement before contacting staff to discuss if the premise is fit for purpose. Unfortunately, applicants sometimes find that in order to meet regulatory requirements, they face unanticipated costs and extended...
Learn about the strategies you can put in place before 30 June to maximise your business’ tax return.
If you’re like most small businesses, you’ve been using Single Touch Payroll (STP) since it was introduced by the ATO in 2019. Now, it’s time to plan your transition to STP Phase 2 reporting. STP reporting was introduced to streamline the way businesses report their employee’s payroll information such as tax and super. STP Phase 2 has been rolling...
Wondering if your business is eligible for a government grant? We’ve put together this overview explaining the availability and eligibility of grants for small business. Are there incentives or grants to help start-up businesses? There are no government grants available for the specific purpose of starting a business. Government support for start...
Signing a lease is a big commitment for any business. Here are our top five things you need to know before signing on the dotted line.
In Hollywood movies and Netflix shows, ending an employment contract is as simple as yelling “You’re fired!” In reality, it’s not this simple. Difficult situations can crop up with your team, so here are some steps to help you manage the risk assessment, comply with employment legislation and have those hard-to-have conversations. 1. Start with...