Want to win new customers? Make sure you start with the ones you ready have. Studies show that the longer your customers stay, the more they’ll spend with you. Happy customers = loyal customers = boosted bottom line The term ‘raving fans’ relates to a passionate subset (usually about 10-15%) of your customer base, who […]
Issue PAYG Withholding Payment Summaries For Non-employees
Annual payment summaries or Single Touch Payroll (STP) finalisation declarations must be provided to your employees and any other people you have withheld tax for by 14 July. Start reviewing the year’s payroll and relevant payees now so that you can issue the payment summaries without delay. If you have withheld tax on behalf of […]
How To Make Your Retail Business Recession-proof
The world is going through some crazy times. Whether you’re still selling online, doing click and collect, or not selling at all — there are steps you can take now to minimise the impact of a recession or protect your business from it. Invest in digital transformation – When stores were forced to close, retailers that […]
What To Do With Your Website During A Crisis
With face to face trading either not possible or more difficult, your business website needs to step up. Many businesses have been thinking about adding an online shop for a while and the current crisis has created the impetus to launch into e-commerce. But even if you are not selling online, your website should still […]
Managing Change In Your Business
Successfully implement change in your business Research by Kotter International found that more than 70% of change projects within a business fail. Why is this? The research findings show that employee engagement is the biggest factor. Whether it is a small change to one or two processes, or a company-wide change, it’s common for staff […]
Dealing With Uncertainty – Tips For Business Owners
Whether you’re in full lockdown, restricted trading conditions or back to ‘business as usual’, there’s still real uncertainty for business owners. We’re trading in challenging times at present. And knowing what step to take next is a key worry. We know that you invest more than simply time and money into your business. It is […]
Blockchain: Innovation For Businesses
What exactly is ‘blockchain’ technology? And how could it have a positive impact for your business? Blockchain, or ‘distributed ledger technology’, works by splitting up information into discrete blocks or ledgers, and saves these blocks across multiple servers. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data, creating a […]
Your PAYG Withholding Statement (IAS) Is Due On The 21st
Some employers need to pay PAYG withholding liabilities to the ATO monthly, even if the BAS is lodged quarterly. The monthly instalment activity statement (IAS) and payment is due on the 21st, whether you are lodging your own statement or using our lodgement service. Things to review before finalising the IAS: Have you allocated all […]
Your Monthly Activity Statement (BAS) Is Due On The 21st
Your monthly activity statement is due by the 21st of this month. Use the following checklist to make sure you are ready for lodgement day: Have you allocated all bank transactions to the correct accounts? Have you verified that the bank balance listed in your accounting software matches the balance in your bank account? Do […]
