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Success In Business – Part One
I have many times heard the same question asked in a myriad of ways, “How do you succeed in business?”. Over four decades of working in diverse industry sectors with multinationals to sole traders, I would answer that this requires a multi-faceted response. There are so many sides to success (even the term success can…
The Contractors Who Inadvertently Bankrupted Their Boss
So you thought contractors were a better option than employees? A recent insolvency in Sydney makes compelling reading if you employ contractors. A cleaning company engaged its workers via contract. (At this point it is important to understand that just having an ABN or merely saying you are a contractor does not make it so….
Why you need a partnership agreement for your business
I have mediated in many partnership disputes over the years, and all of them have had a common element – the lack of a partnership/shareholder/unitholder agreement. You are in an exciting place. A partner, a great outlook and lots of blue sky. What could possibly go wrong! Frankly – a lot and it quite often…
$20k Tax Deduction in 2024 for Going Green With The Small Business Energy Incentive
Want to pay less in taxes this year? This new energy incentive can help you reduce your taxable income by $20,000. What Is The Incentive The Small Business Energy Incentive is about to be passed in Parliament. Who it’s for It’s a tax credit aimed at helping small and medium businesses move towards more efficient…
20 Ways to Grow Your Business
A wise man once said “if you are looking for a 10% improvement, find 10 one percent actions”. We hope you can find ten one percenters to grow your business in this article. Set a business battle Plan of what targets of you want to achieve and then draw up a Budget to fund your…
Changing accountants – How to change accountants
As in all exercises of substance, the first step is to plan your actions. In this concise article we outline what needs to be done to identify a top line adviser. The ten most common reasons for wanting to change accountants are: Phone calls not returned promptly or not at all. Poor value proposition. Deadlines…