John Corias
What obligations do SMEs owe employees?
Starting up and successfully running a small business can certainly be overwhelming at times and it is of the utmost importance that you get things right from the very beginning. Your employees are one of your greatest assets, vital in the growth and prosperity of your business. To make the most of this valuable resource […]
Cash flow is a whole of business system, not just an invoice and collect system
Remember, you may be invoicing business to business, but there are real people at the other end of the process and their emotions can and will affect how quickly you get paid.
Five tips to avoid business owners burnout
The word burnout is one that is sadly becoming increasingly prevalent in today’s society when it comes to small business owners.
Better control needed in SMB rising costs, here’s how
One of the most common issues faced by small businesses is keeping control of the businesses finances and ensuring that the business continues to be profitable.
2013 gone but not forgotten: Small business lessons
Sometimes, business has a short memory. As we already near the end of January, we’re embracing the New Year we’re renewed vigour and vitality.
Putting new life into an existing small business
For any small business owner, there comes a time when you reach a stage in the business life cycle where you feel like business has stopped moving forward and the business is just going through the motions.
Business budgets: a roadmap to success
When the Federal Treasurer handed down the budget for the nation, we were prompted to think about budgets from the perspective of small businesses.
Business growth – are you ready for the next level?
The prospect of expanding beyond a home or small office operation is something that quite often stirs at the heart of many small business owners.
3 important tax concessions for SMBs
Small businesses are the lifeblood of our economy, employing almost half of our nation’s total workforce. They deserve assistance in the battle to compete with large competitors and ecommerce stores.
How to buy an existing business
Choosing to buy an existing business can be a great opportunity to hit the ground running without the disadvantages of starting from the ground up.
Why start a small business?
Has the new year allowed you some time to reflect on your current vocation and state of employment and found you wanting more?
The rules and regulations of being an employer
Taking on an employee is a serious part of the business as there are many pitfalls that can bring you unstuck if the right processes are not followed. We focus on the legal aspects of hiring an employee from a tax office and superannuation stand point.
What the mid-year economic outlook means for business
The Federal Treasurer has released the Mid-Year Economic and Fiscal Outlook (MYEFO) for 2012-2013, and it won't come as any great surprise to SME owners that the economy, whilst not going backwards, is certainly not moving forwards as swiftly as the Treasurer would like. Here's how the MYEFO announcement will impact small businesses over the foreseeable future.
Why it pays to be an informed director
Company directors have numerous rights and responsibilities and keeping abreast of these is critical. Even the slightest indiscretion can see you fall foul of the Corporations Act, the ASIC and the ATO.
A 2-step method for claiming car expenses
Claiming car expenses can be minefield for some business owners, as deduction methods vary depending on your work situation. This simple two-part method will help you decode whether you can claim vehicle expenses, and which methods will help you achieve the best deduction.
The closing a business to-do list
When the time has come to sell your business, many factors need to be considered and acted upon before you're free from any further obligations. This is what should be on your to-do list.
Get your cashflow under control: Five tips
No matter what type of business you run or what stage of its life cycle you’re working through, the biggest issue that plagues SMBs is cashflow, cashflow and more cashflow. Here’s some expert advice for getting this vital aspect of your business under control.
Personal Service Income 101: What SMBs need to know
The issue of Personal Service Income (PSI) will continue to be a major focus of ATO compliance activities in 2012. Here’s what you need to know.
How to prepare for incoming ATO benchmarks
The Australian Taxation Office has more government funding than ever before, intended to help it ensure all taxpayers pay what they're obliged to. To avoid unwanted attention, an expert is urging all businesses to check the ATO's benchmarking records, to ensure their percentages are in the acceptable range for their industry.
Six key accounting resolutions every business should make
Now’s the time for SMBs to reflect on the year gone and plan for the one ahead, and accounting expert John Corias suggests owners focus on five key areas when making plans for the next 12 months.
Christmas parties, gifts and your tax obligations
As the festive season rolls around, small business operators once again turn their attention to the organisation and planning of end-of-year celebrations and gift giving. But don’t fall foul of the tax office—find out what your obligations are for this festive season.