After my husband’s near death experience when my youngest boy was just 2 months old, our parenting philosophy became all about creating memories as a family because you just never know what’s around the corner! So we became a camping family. Before COVID threw our calendar into disarray we would take a 3-day long weekend […]
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We’re a camping family and during a recent road trip we stopped for a couple of nights in Dubbo. We had such a cool time riding our bikes around the Dubbo zoo! But I digress… as soon as we unhooked the van at the caravan park our neighbour came to warn us about the high […]
In July 2021 I had a heart attack that nearly killed me! It’s not the first “near death” experienced our family has endured but it was definitely a wake up call for me. The worst part of the 10 days in ICU wasn’t all the invasive testing, nor the uncertainty of what was happening, nor […]
There’s a very important deadline coming up on 30th November. The ATO is urging those who haven’t yet applied for their director identification number (Director ID) to do so ASAP. The consequences for neglecting this task are severe. What is a director ID? The director ID is a mandatory 15-digit identification number given to a […]
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myGovID is your Digital Identity and makes it easier to prove who you are online. You can use your myGovID to access participating government online services. Now don’t get confused between myGov and myGovID. myGov is where you can securely access government services online in one place including Centrelink, Medicare, Child Support, and more. Whereas […]
Undertaking a payroll system upgrade comes with a ton of wonderful benefits. Saving time and money, making everyone’s lives easier, and better integration are all good reasons to consider a change. But if the switch is mishandled, the results can be catastrophic and lead to long-lasting problems. Read on for some tips on how to […]
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There are a few different methods of paying your employees, and while they may have similarities, they each also have their own implications for your business and its employees. On top of that, there may be a blended model at play, in which you offer two types of compensation at once, such as a wage […]
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When you start a small business, it’s usually only you behind the whole operation and you haven’t even thought about outsourcing business tasks. You wear many hats, from CEO to clean-up crew. As you pour your heart and soul into your business and it begins to grow, the amount of work involved grows with it. […]
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Managing payroll effectively could make you the hero in the business. Payroll is one of those things that starts out simple enough. You start your business, build out your team, and things tick along pretty well. It’s straightforward enough to keep everything in line at first, but what happens to most companies is… they grow! […]
Treasurer Josh Frydenberg has released the 2022 Federal Budget ahead of a Federal election in a few months. This article has a summary of the “Winners and Losers” of the Budget and we’ve compiled a recap of the key points below. Get in touch with us if you have any questions. A Quick Overview Due […]
If you want your business to grow, at some point you’ll have to think how to scale your business. Scaling it isn’t exactly the same as growing it, though they are often used interchangeably. Growth refers to adding resources and increasing your revenue in a linear fashion. You double your number of offices to double […]
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We often get asked to help with an employment contract for new team members. This is quite a complex area and a little outside our scope of expertise. However, the Australian Government has a tool that allows you to build your own employment contract, that’s compliant with Australia’s Fair Work System, and that’s tailored to […]
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Many entrepreneurs operate with their business systems and processes in their heads. They know what they need to do each day and the way they want to get things done. Unfortunately when a business grows and staff need to be hired – or the owner needs to take time away from the business – it’s […]
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If you ask 100 business owners what they like least about running a business, chances are good that bookkeeping will rank high on the list. It’s an annoying and frustrating chore that takes up a lot of time and is easy to put off until tomorrow. Avoiding your bookkeeping is a bad idea, and we’re […]
In its 2020 Budget Digital Business Plan, the Australian government announced the full implementation of the Modernising Business Registers (MBR) program. The program is designed to both establish the new Australian Business Registry Services (ABRS), and enhance how businesses register and manage their information with the government. Although the ABRS rolls out progressively between 2021 […]
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It’s that time of the year again! As we approach the end of the year, many businesses host Christmas parties and give gifts to their employees as appreciation for a year of hard work. However, some business leaders don’t understand the fringe benefits tax (FBT) implications of such. In order to avoid significant costs to […]
There’s a lot of data supporting the idea that it’s less costly, easier and more efficient to encourage repeat customers than bring in new ones. Among the stats Hubspot lists are that a 5% increase in customer retention is responsible for more than 25% increase in profit; repeat customers are 9 times more likely to […]
One classic mistake business owners make when money gets tight is to stop marketing or cut their marketing budget. At first glance, it seems logical to cut down your expenses during tough economic conditions. However, in reality, it’s the opposite of what you should do. Learn the strategies in marketing now. When your business is […]
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