There are a lot of stereotypes that are often attributed to the different generations, which can be harmful to their employment prospects. For example, Generation Z (Gen Z) is often considered the ‘problem children of business’ due to their ‘sensitivity, wokeness and apparent refusal to perform beyond what they are paid for’. However, perceptions can…
Not quite ready to take the plunge into full retirement, but ready to make a start? Transitioning into the retirement phase of your life means undergoing the process of slowly relying less on work-related earnings and more on superannuation and investments to cover your lifestyle expenses. The time taken to transition into retirement is up…
Refinancing a home loan can be a strategic move for Australians looking to optimize their financial situation. However, this process comes with its own set of complexities and potential pitfalls. To ensure a successful and beneficial refinancing experience, Australians should exercise caution and pay close attention to three key factors. Interest Rates and Hidden Costs:…
Retirement might seem like a far-off prospect for some people, but working out how to maximise your nest egg can start at any time. The sooner you start, the better the potential. Here are just some of the ways in which you can maximise your or your partner’s superannuation potential. Split Your Concessional Contributions With…
Could your small business claim a 20% bonus deduction on technology expenditure that supports their digital operations or the digitisation of their operations? The small business technology investment boost is a broad measure intended to cover a wide range of business expenses and assets; however, questions may arise when you go to claim. Can I…
Businesses will use social media differently to benefit them; there isn’t a right or wrong way per se. However, there are strategies you can use to strengthen your online presence and behaviours that can tarnish your brand. Consider the following: Remember It’s ‘Social’ Media While your social media profiles should mimic the values and philosophy…
If you haven’t finalised your tax return, you need to do so before October 31 2023. However, sometimes the form can be daunting, particularly if you’re unsure what to declare regarding income. Certain types of income must be declared on your tax return. Whether your income results from a side hustle, a full-time or part-time…
Company culture has become an important part of how businesses are perceived. Businesses with a positive culture are more likely to attract clients and customers. Statistics also show that over 50% of executives believe that having a good culture can influence productivity, creativity, profitability, firm value and growth rates. However, while describing and quantifying a…
Taking care of invoice and billing payments can often be an onerous task for many small businesses. However, very few things are more important in the business industry than getting paid on time since payment delays can seriously disrupt a business’s cash flow. Business owners looking for best practice tips to get paid on time…
You’ve found the perfect business for you to buy. It fits all your requirements and you’re in a position where you can comfortably buy the business. What’s next? Before you sign the contract to finalise the buy, it is important to conduct due diligence. You should review the financial records, business operations and legal documents…