The beginning of a new year is the perfect time to reflect on what’s working in your business, and to set some goals for the year ahead. Set aside some time to think about your recent achievements, and any current challenges. Think about your work style, too. If you’re like many small business owners, you may be guilty of bad habits that can hold your business back, such as:Read more →
The key performance indicators (KPIs) for one company will invariably be different from the KPIs of another firm. What both hypothetical companies share however, is the challenge of selecting which KPIs are best suited for measuring the goals and progress of their particular business model.Read more →
“Mentoring is a brain to pick, an ear to listen, and a push in the right direction.” — John Crosby
The opportunity to learn from a mentor can do more for a small business owner than any course, educational program, or degree. Being a mentee means you get the benefit of first-hand experience, without having to make all the mistakes yourself.
There has been talk from the ATO on the subject of Single Touch Payroll (STP) dating back as far as 2014, however it has only been over recent times that we have received further information about what STP really is and how it will affect employers.Read more →
As from 1 July 2018 businesses in the Courier and Cleaning industries must report annually to the tax office those payments made to contractors. The payments are entered on the Taxable Payments Annual Report (TPAR).Read more →
The Government announced in the 2017 Federal Budget that the HECS-HELP Benefit will be removed effective 1 July 2017, meaning the 2017 financial year will be the final year in which eligible taxpayers can claim this incentive. However, you have until 30 June 2019 to lodge your application.Read more →
It is a common oversight by many business owners in that they believe that engaging a contractor automatically means that they are not responsible for paying any super entitlements or withholding tax. This isn’t necessarily correct, and in fact the ATO and the Office of State Revenue looks closely at the true relationship between a contractor and an employer to determine whether any super should be paid or tax withheld, or payroll tax paid.Read more →
Like other time saving apps, tools designed to automate your booking calendar are a huge boon to busy small business owners.
Put an end to time-wasting telephone tag and those endless back and forth emails with any of these 4 popular scheduling apps.
Could you improve your closing rate with a mobile app?
If you own a tablet or mobile phone but aren’t taking advantage of mobile sales tools, you’re missing out on the opportunity to shorten your sales cycle and boost your bottom line.
You’ve poured passion, time, and money into fulfilling a contract, have agreed on payment terms and invoiced your customer—and then nothing. Days turn into weeks, and you still haven’t received the debtors payment.Read more →