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Business

How Do We Make The Office Work More Productively Post Covid
Business

How Do We Make The Office Work More Productively, Post-Covid?

By On April 1, 2021

There have been critical changes to the workplace over the past year. With many office-based employees forced to work remotely or from home during the pandemic, the adaptation of new technologies, systems… Read More

Your Business and Ethics
Business

Your Business and Ethics

By On March 18, 2021

Business ethics are the system of moral and ethical beliefs that guides the values, behaviours and decisions of a business organisation and the individuals involved within that business. These ethics are important… Read More

Upskilling or Reskilling your Employees
Business

Upskilling or Reskilling your Employees

By On March 11, 2021

As a result of the emerging new business climate in a post-Covid environment, many jobs have had to adapt into a new structure. Since many businesses have found themselves in a more… Read More

How to respond to difficult employees
Business

How to respond to difficult employees

By On March 3, 2021

Every now and then, you might come across an employee who is particularly difficult to handle. A difficult employee could be one who is incompetent, doesn’t follow instructions, behaves rudely in the… Read More

What to do before you buy a business
Business

What to do before you buy a business

By On February 24, 2021

Buying an existing business can be a great entryway into being a business owner – but it does come with challenges. Following these steps might make it easier for you to make… Read More

Business management styles you should avoid
Business

Business management styles you should avoid

By On February 18, 2021

The business management style you adopt will depend on the needs of your business, what motivates your employees, and your style of work. Therefore, you do have some flexibility when it comes… Read More

The types of benefits businesses should consider for their employees
Business

The types of benefits businesses should consider for their employees

By On February 14, 2021

n Australia-wide survey asked employees what benefits they would most want from their employers. The following are the top 10 benefits: Flexible working Discounts on electricity, gas and water Continued education options… Read More

Types of partnerships
Business

Types of partnerships

By On February 3, 2021

There are three types of partnerships. The partnership type you choose will depend on what best suits the partners involved. General Partnership (GP) All partners involved will be equally responsible for the… Read More

Preserving your customer’s confidentiality
Business

Preserving your customer’s confidentiality

By On January 28, 2021

Customers trust businesses with a lot of personal information and it is the business’ responsibility to maintain confidentiality. Businesses should take relevant precautions to ensure that the privacy and personal information of… Read More

How you can improve your company’s shipping department
Business

How you can improve your company’s shipping department

By On January 21, 2021

Effective shipping is essential in a world where online shopping is so popular. Businesses can suffer if their orders are not being shipped on time or if they are not regularly updating… Read More

Responding to negative feedback
Business

Responding to negative feedback

By On January 13, 2021

The internet and social media have made it all too easy for customers to relay their feedback to businesses. This can be a great thing because it shows other customers or potential… Read More

Collaboration to grow business
Business

Collaboration to grow business

By On January 7, 2021

Businesses can gain a lot from collaboration, regardless of the industry they are in. The following are some reasons why businesses should care about collaboration. Get inspired As a business, it is… Read More

Importance of record keeping for businesses
Business

Importance of record-keeping for businesses

By On December 24, 2020

For businesses operating in a fast-paced and dynamic environment, the task of keeping records can fall secondary to everyday business operations. However, failing to efficiently keep up-to-date and comprehensive records can hurt… Read More

The skills necessary to be a business owner
Business

The skills necessary to be a business owner

By On December 17, 2020

As a business owner, you need to continually update various different skills. Improving these skills will enable you to improve all aspects of business operations. Financial skills Being an owner means being… Read More

Sustainable practices for your business
Business

Sustainable practices for your business

By On December 10, 2020

Adopting sustainable practices for your business is a great way to contribute positively to the environment. These changes won’t significantly impact business operations, but will effectively reduce the carbon footprint of your… Read More

Conducting due diligence when buying an existing business
Business

Conducting due diligence when buying an existing business

By On December 3, 2020

You’ve found the perfect business for you to buy. It fits all your requirements and you’re in a position where you can comfortably buy the business. What’s next? Before you sign the… Read More

Business

Why company culture is important

By On November 25, 2020

Company culture has become an important part of how businesses are perceived. Businesses with a positive culture are more likely to attract clients and customers. Statistics also show that over 50% of… Read More

What to know before you apply for a business loan
Business

What to know before you apply for a business loan

By On November 19, 2020

A business loan can give you the support you need to fund growth or temporarily relieve cash flow pressures. These are some things to know before applying for the loan: Understand the… Read More

Why you should have a written partnership agreement
Business

Why you should have a written partnership agreement

By On November 11, 2020

Having a strong relationship with your partners is extremely important, but sometimes it isn’t enough. Having a document which covers all aspects of running the business, both those which are liable to… Read More

How innovation can help business
Business

How innovation can help business

By On November 5, 2020

Innovation doesn’t have to be a revolutionary and world-changing breakthrough. It can also be small changes you make to continually improve your business. Innovation can help in multiple aspects of business. Improve… Read More

Maximise holiday sales during the pandemic
Business

Maximise holiday sales during the pandemic

By On October 29, 2020

This holiday season is not going to be like any other. Preparing for how your business will tackle the change ahead of time will help maximise sales. Maintain a human and compassionate… Read More

Small businesses and mental health
Business

Small businesses and mental health

By On October 22, 2020

Owning and running a small business often means that you are responsible for most or all of the tasks that need to be completed. Often, owners will find their time being entirely… Read More

Best practices in business management
Business

Best practices in business management

By On October 15, 2020

Engage employees in the company vision It is important to share the business vision with employees so that they feel more motivated and enthusiastic. This will not only develop an interest in… Read More

What is Organisational Culture
Business

What is Organisational Culture?

By On October 6, 2020

Understanding what organisational structure is can help with making decisions about your business in all areas. Organisational culture is multifaceted, it consists of the shared values, beliefs and norms in the workplace,… Read More

Tips to upscale your business
Business

Tips to upscale your business

By On October 1, 2020

Set realistic and actionable goals Businesses should set realistic and actionable small goals which they can work towards, rather broad goals which provide no direction. Setting broad and unrealistic goals is demotivating… Read More

What business structure suits your business
Business

What business structure suits your business?

By On September 24, 2020

An important decision to make before you start a business is what structure your business will run under. This will reflect into all facets of your business, so you should spend time… Read More

Businesses should consider adopting flexible workplace arrangements
Business

Businesses should consider adopting flexible workplace arrangements

By On September 17, 2020

Businesses working from home due to social distancing restrictions can take the opportunity to learn from the experience and consider new work structures coming out of COVID-19. This could mean increased flexibility… Read More

The critical steps to a successful partnership
Business

The critical steps to a successful partnership

By On September 10, 2020

It is a tall order to ask for a business owner to manage everything alone, much less lead their business into success. This is why many successful businesses are born from partnerships.… Read More

Tips to retaining your customers
Business

Tips to retaining your customers

By On September 3, 2020

Acquiring new customers can often be simpler than retaining existing customers. However, loyal customers give your business a higher chance of succeeding. Unhappy customers stop doing business with you, negatively affecting your… Read More

Optimising budget for digital marketing campaigns
Business

Optimising budget for digital marketing campaigns

By On August 27, 2020

Maximising returns on investments is the primary goal for every business owner who invests in a marketing campaign for their brand. Learning how to properly test and troubleshoot your budget according to… Read More

Creating a business contingency plan
Business

Creating a business contingency plan

By On August 20, 2020

When business is going well, it can be easy to procrastinate planning for the bad times. However, preparing for disaster before it strikes by having a contingency plan can be the key… Read More

What to consider when developing a sales strategy plan
Business

What to consider when developing a sales strategy plan

By On August 13, 2020

A successful sales strategy plan will provide your business with clear priorities, goals, and outcomes that can help you increase sales. Outline your mission and goalsWhat’s your business’ mission statement? What are… Read More

Growing your business with referrals
Business

Growing your business with referrals

By On August 5, 2020

‘Word-of-mouth’ referrals may seem like an outdated concept in today’s digital age of online reviews, but a few credible and positive opinions can still go a long way when it comes to… Read More

JobKeeper to be extended
Business

JobKeeper to be extended

By On July 30, 2020

The Australian Government has announced that JobKeeper payments will be extended for a further six months after the initial 28 September 2020 deadline. However, the extended JobKeeper program will have substantial payment… Read More

The Government introduces JobTrainer and wage subsidies
Business

The Government introduces JobTrainer and wage subsidies

By On July 23, 2020

The Government has introduced a $2 billion JobTrainer scheme, which aims to help businesses train or re-skill workers in Australian industries of high demand. What is JobTrainer? The new scheme will create… Read More

Changes to business practices and TPAR
Business

Changes to business practices and TPAR

By On July 16, 2020

COVID-19 has forced businesses to adapt their practices to cater for social distancing measures and sanitary precautions. As a result, many businesses have taken on contractors to assist with these changes. Businesses… Read More

Debt financing vs equity financing
Business

Debt financing vs equity financing

By On July 9, 2020

Gathering funding is a challenge that almost all business owners face at some point. Financing can come in two forms – debt financing and equity financing. Debt financing is money that you… Read More

How to keep employees safe as they return to the workplace
Business

How to keep employees safe as they return to the workplace

By On July 2, 2020

Enforcing health precautions is an essential step to creating a safe workplace and giving your employees peace of mind, especially during the current pandemic. Businesses looking to invite their employees back into… Read More

What to consider before opening another business location
Business

What to consider before opening another business location

By On June 25, 2020

Expanding your business to open in multiple locations can offer more opportunities and profitability. However, managing one location can be challenging enough, so it is crucial to examine and prepare for the… Read More

Business

Why businesses should consider flexible workplace arrangements

By On June 18, 2020

Businesses working from home due to social distancing restrictions can take the opportunity to learn from the experience and consider new work structures coming out of COVID-19. This could mean increased flexibility… Read More

Business

Options to consider before declaring bankruptcy

By On June 11, 2020

Businesses struggling with debt may feel like declaring bankruptcy is their only option. Premature bankruptcy is an unfortunately common scenario but there are ways businesses can deal with unmanageable debt before declaring… Read More

How to improve your hiring process as a small business
Business

How to improve your hiring process as a small business

By On June 3, 2020

Small businesses coming out of COVID-19 may be looking to expand and grow as quickly as possible to prepare for a changing economy. One of the ways you can effectively grow your… Read More

Reviewing your business’ progress
Business

Reviewing your business’ progress

By On May 27, 2020

With the current economic slowdown, now is the perfect time to review your business strategy and conduct a business “health check” to come out the other side improved and ready to go.… Read More

How to support your employees through COVID 19
Business

How to support your employees through COVID-19

By On May 20, 2020

Supporting your employees during chaotic times as an empathetic leader will improve your relationships within your business and boost personal confidence. Here are some ways you can support your employees mentally and… Read More

Increasing workplace flexibility
Business

Increasing workplace flexibility

By On May 13, 2020

Businesses now working from home can take the opportunity for employers to learn from the experience and consider new work structures coming out of COVID-19. This could mean increased flexibility for employees… Read More

Business

What should you do when contracts, sales or purchases are cancelled?

By On May 5, 2020

Contracts, sales or purchases are bound to be cancelled with financial uncertainty plaguing the economy as a result of COVID-19. To help you get through this, the ATO recommends making a goods… Read More

What to consider when dismissing employees due to COVID 19
Business

What to consider when dismissing employees due to COVID-19

By On April 30, 2020

Despite unprecedented circumstances, employers still need to consider the requirements of dismissal under the Fair Work Act when ending employment to avoid legal action against them. When dismissing or standing down employees… Read More

Eligible for the JobKeeper scheme Here’s what to do now
Business

Eligible for the JobKeeper scheme? Here’s what to do now

By On April 22, 2020

Businesses wishing to use the JobKeeper payment scheme may find themselves running into many logistical uncertainties, as claiming the JobKeeper payment scheme can be a complicated and risky process. Here are the… Read More

Business

What the NSW $1.6 billion coronavirus stimulus package will mean for you

By On April 15, 2020

As a result of the coronavirus outbreak in NSW and a decline in economic activity throughout the state, on 17 March 2020, the NSW government announced its own $2.3 billion coronavirus stimulus… Read More

New JobKeeper payments for employers
Business

New JobKeeper payments for employers

By On April 3, 2020

The Federal Government introduced a third COVID-19 support package of $130 billion on 30 March 2020. The package includes additional support for businesses, including a new JobKeeper payment to help businesses retain… Read More

Increased cash flow support for businesses as COVID 19 continues
Business

Increased cash flow support for businesses as COVID-19 continues

By On March 27, 2020

The Australian Government has increased support for businesses to manage cash flow challenges under the ongoing COVID-19 circumstances. The Boosting Cash Flow for Employers measure announced on 12 March 2020 will be… Read More

Business loan vs business credit card
Business

Business loan vs business credit card

By On March 19, 2020

Business loans and business credit cards are the most popular financing options, but there are key differences between the two that you should consider to help you make the right choice for… Read More

What does the coronavirus stimulus package mean for businesses
Business

What does the coronavirus stimulus package mean for businesses?

By On March 12, 2020

Amidst the chaos of the COVID-19, better known as the coronavirus, and concerns for Australia’s weakening economy, the Morrison government most recently released a “coronavirus stimulus package” largely targeted at stimulating the… Read More

AUSkey is getting replaced this month. Are you prepared
Business

AUSkey is getting replaced this month. Are you prepared?

By On March 6, 2020

With a quarterly business activity statement (BAS) due next month, it is important that you have updated your lodgement options according to the new system. From 27 March 2020, AUSkey, including Manage… Read More

Tips to incorporating career mentoring into your business
Business

Tips to incorporating career mentoring into your business

By On February 27, 2020

A career mentorship program involves partnerships between employees to develop professional skills and gain industry knowledge. Career mentoring programs are often seen as powerful development tools for cultivating both leaders and employees… Read More

Are you responsible for unfair dismissal of employees
Business

Are you responsible for unfair dismissal of employees?

By On February 25, 2020

If you are a small business employer wishing to dismiss employees, you must do so according to the Small Businesses Fair Dismissal Code, as breach of the code could result in legal… Read More

Things to consider before rebranding your business
Business

Things to consider before rebranding your business

By On February 12, 2020

Rebranding your business can seem like a daunting task, as it can involve a range of arduous tasks such as changing designs, updating clients, retraining staff and changing your marketing strategies. However,… Read More

Keeping your virtual team on track
Business

Keeping your virtual team on track

By On February 9, 2020

Managing a virtual team can offer challenges that you won’t experience in-person teamwork. It can be harder to schedule meetings, show demonstrations and build connections. However, having a virtual team offers convenience,… Read More

Business

Why you need business interruption insurance

By On February 2, 2020

With many small businesses often being the livelihood for their entire families, owners should consider taking out business interruption insurance in order to safeguard against financial loss experienced as a result of… Read More

Business

Things to consider before hiring an intern

By On January 22, 2020

Hiring an intern can sound like a win-win situation; the intern gets an opportunity to learn and boost their career, you get some extra help generally at a lower wage rate than… Read More

Business

The importance of keeping business records

By On January 18, 2020

Businesses operating in a fast-paced and dynamic environment, the task of keeping records can fall secondary to everyday business operations. However, failing to efficiently keep up-to-date and comprehensive records can hurt your… Read More

Business

Can you change your business or company name?

By On January 14, 2020

Changing your business or company name can be an exciting leap. You can find yourself thinking about things like redesigned logos, rebranding and new customers, but before that, you have to think… Read More

Business

Don’t delay new business ideas

By On December 24, 2019

Many business owners have exciting ideas about where the future might take their company. These ideas may be concerning new products, internal improvements or new market segments. It is, however, an unfortunate… Read More

Business

Closing the office for the holidays

By On December 19, 2019

As the holiday season approaches, the workplace often gets more relaxed as things wrap up. However, closing the business for the holidays usually isn’t as simple as turning the lights off and… Read More

Business

Doing market research for your business

By On December 15, 2019

Market research is key to developing relevant and effective business strategies as it helps you understand your industry, customers, competitors and market trends. Undertaking both primary and secondary market research can allow… Read More

Business

Pros and cons of hiring an intern

By On December 6, 2019

With so many eager school-leavers looking for employment opportunities, hiring an intern can seem like a good way to offer work experience to someone without the risks of a long-term commitment of… Read More

Business

What to include in a business partnership agreement 

By On December 1, 2019

Entering into a business partnership can come with conflicts and misunderstandings between you and your new associate. This is why having a written agreement that clearly outlines your rights and responsibilities is… Read More

Business

CGT concessions for shares and trust interests

By On November 24, 2019

For taxpayers wishing to access the small business capital gains tax (CGT) concessions for shares in a company or interests in a trust, they must first meet the standard requirements as well… Read More

Business

How to avoid non-paying clients

By On November 18, 2019

Running a business is hard enough without having to chase up payments from your customers. Here are some measures you can take to prevent yourself from having to deal with the profitability… Read More

Business

Moving your business online 

By On November 10, 2019

In order to keep up with the growing demands of digital accessibility and convenience, many businesses decide to partially or completely move their business online. This can help with extending customer reach… Read More

Business

The ATOs ABN cleanup 

By On November 1, 2019

The ATO has announced that in October 2019, they will be focusing on the bulk Australian business number (ABN) cancellation program. This program will be cancelling ABNs that the ATO is confident… Read More

Business

Contractor obligations for business owners

By On October 25, 2019

Contractors bring with them different obligations that business owners need to comply with. Employers that incorrectly classify employees and contractors can face hefty penalties and charges as well as claims for entitlements… Read More

Business

Knowing when to cut a product

By On October 16, 2019

Businesses looking to improve their profitability may need to consider cutting under-performing products and services. How a product contributes to growth strategy, brand management and production efforts can help you determine whether… Read More

Business

What employment type is best for your business?

By On October 9, 2019

An employment contract establishes the terms and expectations of an employee before they start work. It outlines everything the employee has to know about working for you, including employee rights, working hours… Read More

Business

Budget-friendly ways to promote your small business 

By On September 30, 2019

Promoting your business can seem tricky to navigate and expensive, especially when there are budget and staff restrictions to think about. However, there are a number of ways to promote your business… Read More

Business

Dealing with a bad day at work

By On September 24, 2019

Bad days can happen to the best of us, but that doesn’t stop work from needing to get done. Whilst working when you’re feeling down is the last thing you want to… Read More

Business

Hiring working holiday makers

By On September 18, 2019

In Australia, there are approximately 100,000 working holiday makers employed each year. Any employer can hire working holiday makers provided they meet the requirements to do so. Employers must confirm the working… Read More

Business

When do you need an ABN?

By On September 10, 2019

An Australian business number (ABN) is a unique 11-digit number that the Australian Business Register issues to all businesses, identifying your business to the community and government whilst also making it easier… Read More

Business

Are they an employee or a contractor?

By On September 6, 2019

Employers that incorrectly treat employees as contractors can face hefty penalties and charges as well as claims for entitlements and superannuation contributions. Even if employers are only hiring someone for a few… Read More

Business

Quick fixes to boost email marketing

By On August 30, 2019

While email marketing remains one of the most effective platforms for businesses to reach clients on a personal level, it does not always deliver the results you may be after. If you’re… Read More

Business

Evaluating risks in business  

By On August 21, 2019

Business owners are faced with constant challenges and tough decisions to make on a day-to-day basis. Risk-taking is often necessary to achieve more in the business, but owners need to make informed… Read More

Business

Deduction rules for small businesses

By On August 12, 2019

Spending on capital assets usually cannot be deducted immediately. Instead, small businesses claim the costs over time in accordance with the asset’s depreciation. There are many different processes that businesses can employ… Read More

Business

Boost employee productivity

By On August 6, 2019

All businesses need to look at ways to increase the productivity of their staff. When your employees get more work done, it will ultimately lead to the business making a bigger profit.… Read More

Business

Supporting mental health in the workplace

By On July 29, 2019

Business owners have a responsibility to look after their staff and ensure they have a healthy working environment. This extends to mental health as well as physical. With one in five people… Read More

Business

Managing business growth

By On July 22, 2019

It can be exciting and reassuring when your new business venture achieves growth and success. However, it can also become hard to manage and keep under control. When things reach a certain… Read More

Business

What makes a successful business plan

By On July 15, 2019

When starting a new business, there are many elements you need to consider. Careful planning is essential to ensuring the longevity of your business, but what exactly goes into a good business… Read More

Business

Improving the efficiency of your business

By On July 9, 2019

As a business owner, making the most of your day to optimise productivity is crucial to your success. The most efficient businesses are those that can create more with less and are… Read More

Business

The art of reinvention 

By On June 28, 2019

Small businesses often rebrand or reinvent themselves to keep up with marketplace trends. Knowing when to let go of an idea so you can grow is a smart trait for a modern… Read More

Business

How bullying brings your workplace down

By On June 24, 2019

Bullying is a serious issue in workplaces and can affect your business on many levels. Workplace bullying is where repeated and unreasonable behaviour is directed towards an individual or group of employees.… Read More

Business

Good record keeping practices

By On June 18, 2019

Starting your business with a good record keeping system can help you track your business performance, meet reporting responsibilities and access financial history with ease. Since different rules apply to different types… Read More

Business

Building the right team for your business

By On June 11, 2019

While hiring the right staff is a key element when running a business, to be successful you will need to build a strong team. Here are some tips on turning a group… Read More

Business

Startup essentials to help your business succeed

By On June 3, 2019

Starting your own business can be as daunting as it is exciting. There are many aspects that need to be considered when making the change to becoming your own boss. Here are… Read More

Business

How to get the most out of business meetings

By On May 29, 2019

Conducting meetings is a regular way of communicating what needs to be done around the office, but if nothing gets accomplished it can be discouraging. Business meetings that don’t produce results can… Read More

Business

Choosing the right business location

By On May 24, 2019

When setting up your business, choosing a location can be a critical factor in its success. Unless you are completely home-based, you will need to decide where you will conduct your business… Read More

Business

Common mistakes to avoid when launching a business

By On May 10, 2019

Starting a new business is an exciting time for many entrepreneurs. However, there are 5 common mistakes many new business owners make. By being aware of these mistakes, you will increase your… Read More

Business

Handling negative feedback

By On May 6, 2019

Customer complaints are an inevitable part of running a business. How you handle negative feedback can help or hinder retaining existing customers. Complaints can be a great learning tool for businesses looking… Read More

Business

Accounting during every stage of business

By On April 29, 2019

Professional help with accounting and financial decisions is useful at every stage of business. Accountants can assist with a variety of tasks during different periods of operation within your business to improve… Read More

Business

How collaboration can help grow your business

By On April 12, 2019

In a market that is full of entrepreneurs and small businesses, collaborating with a business that complements yours can be a powerful tool to share your marketing budget and be introduced to… Read More

Business

2019 Budget: A business growth based Budget

By On April 2, 2019

The 2019 Federal Budget focuses on building a better tax system for Australian businesses in order to create a stronger economy. Instant asset write-off:The instant asset write-off threshold will be increased from… Read More

Business

What employee benefits apply for FBT

By On April 1, 2019

When an employer provides certain benefits for their staff, they are required to pay Fringe Benefits Tax (FBT). Employers pay FBT on the benefits they present to employees and their families or… Read More

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