Some businesses think joint ventures are an official cooperation, others see them as a marriage. Either way, joint ventures are designed to boost business growth in areas such as IP, market share, and the bottom line. Find out why joint ventures are considered commercialisation courtships. A joint venture is a legal term that describes the […]
Business equipment is a critical most organisations, but purchasing equipment can be a significant expense, and there’s where equipment finance comes in. Nowadays, as companies are squeezed for resources and cash, with increasing interest rates and banks tightening their credit policies, many are considering their options around equipment finance and asking themselves whether they should […]
Equipment finance is becoming an increasingly viable option to free up working capital and increase cash flow. But equipment finance is a competitive market and it pays to shop around. Take a look at what equipment finance can do for your business’ cash flow. One of the biggest issues facing SMEs and middle market companies […]
Choosing the right bank is not just a matter of comparing products and facilities. It’s also about choosing the right finance partner. Consider these suggestions, so you can better maintain business banking relationships and get the most from your bank. The relationship between a business and its bank is one of the most vital and […]
Exchange rate risk is a reality for exporters. And with so many products on offer to help reduce your exposure, a foreign exchange management strategy is ideal for exporters who want to stay one step ahead of foreign currency deals. All exporters, whether they like it or not, have to deal in the foreign exchange […]
All it really takes is an idea, and from there the rest will come. At least that’s what happened when Ned Montarello came up with the idea to start and export ThinkSmart, a business-to-business financer for small and medium businesses. “The idea was really about seeing the appetite of the small business community in particular,” […]
Exporting is a complicated business, especially with different tax traps waiting in every country. The most common mistakes include failing to protect Australian assets, lack of compliance with local country tax rules, and entering into an arrangement with an unreliable local agent, says Merv Burton, William Buck tax services director. “Many businesses are not aware […]
Managing a fleet of cars goes beyond just the car itself. We sift through some of the fleet management tools needed to efficiently manage your fleet, and help you save on running costs. Fleet management is not easy for small and medium businesses, especially when competing with the big end of town. But tools such […]
Compliance with anti-money laundering laws is now a necessity. The laws aim to protect Australia’s financial system, so read on to make sure your business is compliant with anti-money laundering laws. The Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (the AML/CTF Act) was introduced on December 12, 2006. Implementation of the provisions of the Act […]
Do you know your payroll tax rights and obligations? We take a look at the crucial payroll tax clauses every business owner should know about. Payroll tax is a state and territory tax levied on wages paid by employers to their employees unless a relevant exemption or exclusion is applicable, although these and other features […]
