With the number of insolvencies continuing to rise among both small and large businesses, distressed companies must rethink their strategies towards banks and the Australian Taxation Office (ATO) by conducting their negotiations in a conciliatory rather than a hostile or aggressive manner, according to PKF chartered accountants and business advisers.
The brightest and most innovative of Australia’s professional business mums will be named the winner of the 2011 Connect2Mums AusMumpreneur Awards in Sydney this August.
Julian Smith of MYOB blogs about what the Federal budget means for SMEs.
“It’s disappointing and frustrating to see the Federal Government continuing to claim that lowering the company tax rate is a win for small business. We are simply just not buying that old chestnut.”
Plans to build Australia’s workforce, unveiled in last night’s Budget are a step in the right direction for private businesses.
The latest survey from Topfranchise reveals that Smartline Personal Mortgage Advisors are the number one Australian franchise among systems surveyed for the third year in a row. Now into its third year, topfranchise has surveyed over 3,000 franchisees (from over 80 systems) across Australia in the last three years.
The Government has listened to long-held concerns of tax professionals and reformed excess superannuation contribution tax traps that have tripped-up as many as 30,000 taxpayers each year, The Tax Institute said today.
From the latest smartphone to the new Apple iPad, it seems like not a day goes by without a new communication device hitting the market. There’s no denying that these technological innovations can make our lives easier, allowing us to become ever more efficient and enabling the exchange of information at lightning speed
Brett Morris of the The Fortune Group blogs about knowing when to cut the business umbilical chord.
“Throughout the many walks of our personal and professional lives, we’ve been conditioned to make people dependent on us. But once we get into management, it’s incumbent upon us to make our people independent of us.”
Jeremy Nichols of Chandler Macleod Consulting blogs about corporate culture and how the ‘old’ ways of doing things can often stunt your business growth.
“There’s tension from staff as the attitudes and mindsets have not shifted to match this new growth. They long for the ‘old’ way of doing things. However, the ‘old’ way will never allow them to achieve their growth aspirations.”
Julian Smith of MYOB blogs about Aussie SME businesses becoming the ‘forgotten’ majority.
“So for those in government, here is a little reminder on behalf of 96% of all businesses in Australia ― may we please have lower small business tax rate that is available to every businesses (not just the minority that have a company structure) and a simplified BAS system and increased access to business finance!”
