As most aware, costs are rising. These days, 57% of all businesses in Australia are facing increased business costs. If you run a small business, this figure likely includes your business. With prices going up worldwide, now is the time to make sure your finance...
The purpose of a business is to make money, and that means you have to know the difference between profit and cashflow. Cash is King. To work out how fast you can grow your business, you need to look at your projected cashflow. Net profit is what you have left after...
An (Almost) $300K Claim – The Story of Pizza, Beer, and Toyota The District Court of NSW has decided on a case involving a termination of employment mere days before a significant redundancy payment was owed to a long-standing employee (20 years). Ultimately the Court...
The Superannuation Guarantee, also known as the Super Guarantee or SG for short, is a regular payment paid into your employee’s super fund to assist and supplement retirement savings and the Age Pension. It is now fixed at 9.5 percent of their base wage. This...
Imagine driving a car with the windows blacked out, you had no mirrors, and the dashboard could not be seen. You would not know where you are going, where or how far you have been, and at what speed you are travelling. Driving blind is not recommended for the roads...
The Queensland Government has established a new portable long service leave scheme available for construction, community services, and contract cleaning workers. The scheme, which commenced on 1 January 2021, seeks to ensure that workers in these industries receive...
The protection of their partners and their small business clients is critical to the development of a trusted platform for the Xero team. They’ve been able to ensure they’re doing whatever they can to secure your data and the personal information stored...
The world witnessed a historic shift in the 2020 labour market due to the COVID-19 pandemic. While some companies would usually offer remote work as a perk, it has now become the norm for many businesses. Although 2020 may be considered the year of remote work, it is...
As we come to the end of a very challenging period and a year that most of us may not want to see again, we can now take a look forward with some optimism for our businesses in the landscape before us. And as you contemplate 2021, are you planning on going ‘back to...
With the silly season fast approaching, it is crucial businesses tie up loose ends, lock down security and safety measures, finalise pays, and set sufficient rosters. There are numerous items which should be on your ‘to-do’ list to ensure your business runs smoothly...
