What financial support is available this time around to help you and your business through the challenges of the next few months of lockdown and COVID-19 restrictions? #lockdownsupport
Succession Planning for Small Businesses
It takes guts to start a business. It also takes a strategic mindset to succeed. Business owners are no strangers to weighing risk and navigating uncertainty, but the current climate has dialled everything up. Many business owners face the uncomfortable position of having to remap carefully thought-out succession plans and exit strategies and to consider […]
How to Thrive in a Changed World
One year on, small business owners are still struggling with the effects of the pandemic – lockdowns in some parts of the world, closed borders and the uncertainty of an ongoing crisis. A recent survey by Xero of small businesses worldwide, uncovered some of the effects – and looked at how business owners are coping. […]
Your Small Business Can Compete Against Large Retailers
When it comes to competing with large retailers, is there a way to level the playing field? You may feel that the odds are stacked against you as a small business. It can be daunting when your competitors already have a head start. Within your retail strategy you have two choices. You can emulate bigger […]
Getting Ready to Exit Your Business? You’ll Need a Strategy
If you are looking to exit your business or have a future plan to do so, you need a strategy. When you sell up, you want your business to have as much inherent value as possible – so you get a good price, a great return on your investment and the best possible payout. So, […]
Create a Business Plan in 10 Steps
‘Fail to plan, plan to fail’, as the saying goes. If you’re going to create an effective, successful and profitable business, you need to create a solid strategic plan Your business plan is the route map that defines your goals, explains your strategy and gives real direction to the everyday running of the company. So […]
Report PAYGW Correctly to Claim Tax Deductions
If you don’t meet PAYG withholding obligations for your workers, by not withholding tax from their payments and not reporting it to the ATO, you could lose your tax deduction. This will apply to income tax returns lodged for the 2020 financial year and beyond. If you withhold tax from payments to workers, you must […]
Update Your ABN Details to Ensure Notifications in an Emergency
Did you know that government agencies use Australian Business Number (ABN) details to identify individuals and businesses in communities affected by emergencies or natural disasters? This can happen any time and any season, so we encourage you to keep your Australian Business Register (ABR) details up-to-date. This enables immediate emergency services assistance and ensures affected […]
The Value of a Brand Style Guide
Your brand is an integral part of what makes your business unique. So, keeping your brand style consistent across all communications, marketing and online channels is important – and this is where having a brand style guide can become invaluable. A brand style guide is a key document that sets out the rules and guidelines […]
