Australia’s superannuation laws are designed with the intent to ensure that your nest egg for retirement is protected and able to continue to grow throughout your career. Your employer is expected to make contributions to your superannuation by law, known as the Superannuation Guarantee, as a part of your wages and salary package. The current…
Protecting your business from legal fallout isn’t always at the forefront of your mind when you are focussing your efforts on growing your small business. There are plenty of other areas (tax, super, business, intrapersonal, and marketing) that your focus is probably on. However, it is a necessary preventative measure to take. You can take…
A business that uses technology to assist in it’s day-to-day operations needs to think about security on both the tangible and intangible levels. With many businesses handling confidential data and client information, data security and breach prevention is an issue that the business must be capable of addressing. At risk for businesses is the destruction,…
Over the last 12 months, there have been many notable schemes promoted by state and federal governments to assist businesses and individuals with much-needed tax relief. Numerous relief schemes have been put into place to assist those with rent relief for their businesses. Rent is a major business expense. It is one that many businesses…
If you find yourself in possession of additional funds, you may be looking for a way to put that money to good use. There are many valid ways in which you might choose to use them – be it for a new asset, to pay off a debt, or to save further. If you’re looking…
In the event of a divorce, your’s and your partner’s superannuation is one of the assets you may need to take into consideration. It might be one of the last things on your mind, but it’s important to realise that there are complex laws that can apply, and walking away with it untouched is not…
Did you know that there are 31 different business registers that a business or company may need to be registered with that are a part of ASIC? Some of these registers are being brought together, in what will be known as the Australian Business Registry Services (ABRS). The Commissioner of Taxation was appointed in April…
Social media platforms have become an increasingly pivotal aspect of marketing, particularly throughout the challenges of a digital economy. It’s one of the easiest ways to interact with existing and potential customers from the comfort of their own homes. Although social media draws many benefits for businesses and customers alike, social media needs to be…
Establishing your business’ terms and conditions may seem like an onerous task among the never-ending to-do lists, but getting it right is essential for healthy cash flow. The terms and conditions form the basis for the trading relationship on which a business sells goods and services to customers and from which they buy goods and…
Innovation is one of the pinnacles of good business practice. However, sometimes innovation isn’t a process that can be achieved by one person alone. In business, some of the best ideas and practices that your business might achieve could occur through collaboration. Most businesses will have understood the impact and importance of internal collaboration between…