Small business owners are showing strong interest in managing their own money in saving for retirement and when no longer working full-time. Often, the management of their own self-managed super fund (SMSF) becomes their new ‘small business’ in retirement. Many businesspeople have been hesitant to start an SMSF because they have not known what is […]
Have you ever considered what might happen if your star employee leaves and takes your business with them? If you don’t have the right contracts in place, you’re risking just that. Picture this, Stephanie sets up a business with two of her friends, Jayne and Cheryl. Stephanie’s business has grown in two years into a […]
Business owners, company directors, managers and supervisors all need to be aware of their occupational, health and safety (OHS) obligations. As the Federal Government begins a review of Australia’s OHS legislation, we tell you everything you need to know to keep your staff safe. Under OHS legislation you are obliged to provide: · Safe premises […]
The start of a new financial year is always a good time to look at plans and activities that will help the business over the next 12 months. This year, planning will be even more important as businesses deal with a challenging economic environment, high interest rates, and low consumer confidence. Commentators and economists have […]
The end of the financial year is almost upon us, but there are still a number of actions that business owners can take to help reduce their tax liabilities for the 2007 tax year. Often, this is simply a case of ensuring that your intentions are correctly recorded and dated, which will also be helpful […]
Gavin Dixon says you shouldn’t think of your accountant as the dentist, although, like the dentist, you shouldn’t leave your visit too late. Your accountant isn’t a person who inflicts pain with a calculator instead of a drill and should be avoided until a visit is absolutely necessary. Accountants are an important part of an […]
Gavin Dixon says you shouldn’t think of your accountant as the dentist, although, like the dentist, you shouldn’t leave your visit too late. Your accountant isn’t a person who inflicts pain with a calculator instead of a drill and should be avoided until a visit is absolutely necessary. Accountants are an important part of an […]
Bill Hovey asks just how prepared are you for your exit and succession from the business? Each year, linchpin succession management undertakes a proprietary survey as part of a planned longitudinal study. The proprietary research undertaken over the past four years and other industry association research completed in the last 12 months provides some interesting […]
With so many grants on offer, how do you pick the best one for you? “There are steps any business can take to determine if a particular government grant suits the organisation,” says Adrian Chugg, business advisory manager at William Buck Business Advisors and Chartered Accountants. “No matter what type of funding appeals to your […]
When ideas man John Smith hit on a useful invention that was environmentally friendly and market savvy, he put his fledgling business in the box seat. Anyone who has ever tried to get comfortable sitting on a picnic rug will quickly grasp the concept of the Bum Box, John Smith’s cardboard wonder. It’s a simple, […]
