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Finance
  • June 21 2019 Three ways politics impacts your business

    You may not personally want to be involved in modern politics but if you want to run a business you have to be aware how the laws of the land can affect your bottom line. Tax laws, business treaties, tariffs, and commerce in general is impacted by politics. Sometimes having a degree in political management Read More…

  • June 19 2019 Science, art or corporate fad? What does an executive coach do… and do you need one?

    In 2005 I received a call from my best friend who was attending a Coaching Psychology Conference held at the University of Sydney. She said “I have just discovered what you have been doing all your life … it’s called Executive Coaching.” I have to be deeply honest here. I told her that I thought it Read More…

  • June 18 2019 Are you making any of these 7 mistakes when hiring payroll staff?

    By Tracy Angwin, CEO and payroll expert at Australian Payroll Association Are you looking to hire new payroll people? Payroll staff are an integral part of any organisation, whether it be in a finance or HR capacity. However, the reality is that it’s a specialist set of knowledge and skills that are unique to the Read More…

  • June 14 2019 How to stay organised during tax time to optimise your returns

    Australians are urged to get organised ahead of the end of financial year, including finding a great accountant, collating all necessary paperwork and knowing what you can deduct, in order to maximise and get the most out of your returns. Caroline Guillemain-Brunne is the founder of Organise.Curate.Design, a lifestyle management agency that helps people tackle their ever-growing to-do Read More…

  • June 13 2019 Financing business growth through equity

    Very few business owners entirely self-fund their growth, especially if the growth is significant. While some are sufficiently profitable to fund growth through cash flow, in most cases, businesses use other funding sources to increase the speed of growth. There are various ways to do this, including offering equity to staff members. This can provide Read More…

  • June 12 2019 What to look for in PR agencies and how they can maximise your business exposure

    Byline: Jessy Marshall founder of Hive HQ PR can be a very grey area for some businesses and understanding why PR should be part of your marketing plan is crucial to building up brand exposure. Whether you have had PR before or are looking into investing in PR below are a few tips to help you Read More…

  • June 12 2019 How SMEs can turn tax time into an opportunity to grow

    Many small business owners see the end of the financial year (EOFY) as a busy time during which they need to prepare tax returns for the business and group certificates for employees, as well as finalise sales, do stocktakes, and ensure all financial recordkeeping is in order. The thought of adding another task to that Read More…

  • June 7 2019 A sale is only a sale once payment is made

    Most businesses trade on credit terms with their customers, letting them purchase as they need and pay later. This can be a great way for businesses to build their customer base and gain more work or sales, since customers will often buy more if they don’t have to pay immediately. However, extending credit to customers, Read More…

  • June 6 2019 How SMEs can avoid common financial pitfalls by managing cash flow

    Setting up a small business can be an exciting yet daunting experience. By the time you actually launch your business you have likely experienced a lot of uncharted waters, sleepless nights, caffeine highs and are generally left questioning your overall sanity. Trust me I know. In 2008 my brother and I started our business, Credit Read More…

  • June 4 2019 Agility: a business strategy

    Byline: Brad Newton, DocuSign, VP APAC We’re in the midst of the fourth industrial revolution, marked by extraordinary technological advances. For businesses it can sometimes feel like a bumpy road, but you really can do more than just hold on for the ride. Through economic downturn, industry upheaval, changing customer preferences or technological transformation, businesses Read More…

  • June 4 2019 The Australian Tax Office hotspots 2019 – do they apply to you?

    Byline: Mark Chapman, the Director of Tax Communications at H&R Block. Every Tax Time, the ATO focusses on certain hotspots where taxpayers are prone – either accidentally or deliberately – to make errors. These are the areas it will concentrate its audit firepower on and for those who have made claims in areas which the Read More…

  • June 3 2019 Getting ready for the EOFY: A how-to-guide for businesses

    By Mark Chapman, Director of Tax Communications with H&R Block With just a few weeks remaining until the end of financial year, many businesses will be taking stock of the year just gone and planning for the year ahead. So what are some of the key issues your business might be facing as it looks Read More…

  • May 31 2019 Why do major companies keep getting caught in employee underpayment scandals?

    Every few months sees a major employee underpayment scandal – companies announcing that they have made payroll errors that have impacted thousands of employees – go public. Examples are the $43 million error by Rebel Sport this year, the $2 million error by Lush Cosmetics last year, the $1 million in underpayments by Maurice Blackburn Read More…

  • May 28 2019 Small business owners prioritise climate change, energy costs and tax cuts

    A new survey from Xero, the global small business platform, has revealed a disconnect between small business owners and politics, with a whopping three in four (75 per cent) unable to name the Federal Small Business Minister, and 15 per cent unable to name the Prime Minister. Despite many not being able to name key Read More…

  • May 27 2019 What are your obligations if an employee is sick during their annual leave?

    When most people think of taking annual leave, they don’t anticipate spending that time either sick in bed or in hospital with a family member. However, the reality is that unforeseeable events can occur and potentially derail an intended vacation or any leave plans. So, what are an employer’s obligations if their employees get sick Read More…