If you run or own a business, you will often encounter and be subjected to many laws that determine how your business can operate. Non-compliance with these laws can cost you greatly, and it’s important to understand how to maintain your business without breaching these laws. Though there are multiple legal issues that any business…
Voice technology and speech recognition software is becoming a more prevalent force within personal lives. From Google to Siri to Alexa, you may have already encountered an instance where speech recognition software made an appearance and used it to save you time in typing out a message, a memo or even making a shopping list.…
If you’re looking to go into business with someone, the chances are that you might be looking at using a business structure known as a partnership. A partnership is a type of business structure that is made up of two or more people who distribute income or losses between themselves and is a fairly popular…
For many, a home loan is a purchase that’s already been made, a regular expense that will stick with them for up to 30 years (depending on the home loan conditions set out at the time of agreement). But don’t expect to simply set and forget your home loan. Your circumstances may change, and the…
Businesses use negotiation in a number of different ways. You can negotiate in business for both informal day-to-day interactions and formal transactions. These could include negotiating for things such as negotiating conditions of sale, lease, service delivery, and other legal contracts. Negotiation should not be your enemy. In business, negotiation can be the difference between…
A family trust is a great structure. It provides tax flexibility whilst giving you asset separation in two directions. But what does asset separation in two directions mean? And why might we suggest it to you as a recommendation? First of all, why do you want asset separation? If there are multiple assets, you want…
Search engine optimisation (or SEO) may sound like a technologically jargon-heavy mouthful, particularly to the people who are without the know-how or understanding. However, making your website SEO-friendly can be a simple but effective way in increasing your outreach, as well as providing your audience with a positive user experience. Here are a few changes…
If you have a Self Managed Superannuation Fund (‘SMSF’), the Fund is considered to be a trust and must therefore have a trustee. There are two options as to who the trustee can be. Barring a few exceptions, it can be the members individually or alternatively can be a company with the members as the…
Have you, over the course of the past financial year, received a government assistance payment, support payment or disaster relief supplement? There have been a number of cases where people who received financial assistance from the government were hit with additional owed tax to the ATO, due to their payments increasing their income threshold. When…
Known as an employee share purchase plan, share options or equity scheme, employee share schemes are used to attract, retain and motivate employees. Schemes can vary depending on the company (and the terms of the scheme can differ depending on the company) so it is important to consider carefully what the pros and cons are…