From Christmas cash bonuses to overtime payments, many employers make extra payments to their employees at the end of the year. As an employer, you should be aware of how these payments arerequired to be reported to the Australian Taxation … Read More
Strategy
Planning for seasonal dips in income
Seasonal dips in income can be highly challenging when you’re a small business. But there are proactive ways to predict, plan for and overcome these dips in revenue. The key to dealing with seasonal dips is to know when they’re … Read More
The “Must Have” Systems For Your Real Estate Business
Maximizing Effectiveness: The Top Systems Real Estate Agents Should Embrace In the fast-paced world of real estate, agents are constantly seeking ways to enhance their effectiveness, boost conversion rates, and streamline financial management. Leveraging the right systems can make all … Read More
How healthy is your business?
When you’re running a business, it’s easy to get caught up in the day-to-day activity and lose sight of the big picture. Taking stock of the health of your business is important. Knowing where you are allows for more effective … Read More
Should you buy a building for your business?
Should you buy a building for your business? Tired of paying rent for your commercial premises and considering buying a premises for your business? Owning a building works best if your business is well-established, you have money to invest, and … Read More
Signs it might be time to end a business relationship.
Terminating a long-term client relationship can be a difficult decision for any business. Long-term clients are often seen as valuable assets, providing consistent revenue and stability to the business. However, there may come a time when a client relationship is … Read More
How to maximise the value of your business
Generally speaking, an exit strategy will be put in place years before your planned exit date. This gives you time to work on your sale plan and deal with any succession issues. But more importantly, it gives you the time … Read More
5 signs you’re undercharging for your products or services
Are you undercharging for your services? It can be hard to tell, particularly if you’re in a niche industry or you’re a contractor. Costs have been rising, so it may be time to rethink your own pricing. Here are five … Read More
Retail’s online boom: Are you getting a slice of the action?
In 2021, retail e-commerce sales amounted to approximately 4.9 trillion U.S. dollars worldwide, according to research by Statistica. At the same time spending at physical stores has dropped. While that was strongly influenced by Covid restrictions and distancing measures, the … Read More
5 goal-setting tips for the year
5 goal-setting tips for the year Wouldn’t it be great to have your best year ever, this year? Whether you want to grow your business or take more time for yourself, these goal-setting tips can help you achieve your long-term … Read More