7 Tips for a Profitable, Systemised Business

2 years ago

Every business has systems of some sort, but the difference between a good business and a poor one is how they are implemented. When most business owners think of systems,…

How employing your children and family members may help you save tax

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2 years ago

Hiring your children and family members is one of the most powerful tax strategies available to small-business owners today. Sadly, however, it’s underused. There is a legal principle that some…

On the Tenth Day of Christmas…

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2 years ago

Competition for the Christmas dollar will be very fierce this year as online shops and retail outlets go head to head. With Christmas approaching you may think you’re ahead of…

On the Ninth Day of Christmas…

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2 years ago

“16 more sleeps and it’s Christmas Day”, I heard one of my daughters say this morning. Time marches on so quickly and in the words of Willy Wonka “so little…

On the Eighth Day of Christmas…

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2 years ago

Many businesses – outside of the retail industry, at least – slow down over the Christmas holiday period, but an unexpected disaster can strike at any time. So how can…

Covid-19 early release of super extended to 31 December 2020

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2 years ago

The Government had previously introduced a new compassionate ground of release allowing individuals to access their superannuation entitlements where those benefits are required to assist them to deal with the…

New rules for the extension of the JobKeeper Payment

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2 years ago

The Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 8) 2020 legislative instrument was registered last Tuesday, setting out the decline in turnover test for the extension of JobKeeper to…

Understanding your superannuation statement

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3 years ago

Here’s a step-by-step process to help you review your superannuation statement: Check your details are correct. Address, contact information, date of birth, tax file number and so on. If you…

Margin vs Markup

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3 years ago

Business owners often confuse margin and mark-up. Each figure helps you set prices and measure productivity. But, a margin vs. mark-up chart shows that the two terms reflect profit differently.…

Chasing the Dream!^TM Virtual Book Launch

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3 years ago

Implementing four key fundamental rules will help businesses rebuild, recover and thrive after the crippling coronavirus pandemic. Warrnambool business development specialist Chris Beks says many businesses have had to strip…

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7 Tips for a Profitable, Systemised Business