Posts by Success Tax Professionals
How can a tax agent business survive a coronavirus outbreak?
Our health is important but how does our tax agent business survive? Scott Morrison announced yesterday that Australia is declaring COVID-19 a “pandemic”.
Read MoreNegotiate lease incentives to cut costs
Leasing incentives are financial concessions that landlords make to prospective tenants to entice them to commit to a binding lease agreement.
Read MoreDemand a rent reduction – It’s the law
Although your lease agreement is a contract with your landlord, it will containclauses regarding rent reduction in certain circumstances.
Read MoreWill an open plan office suit my business?
Open plan offices have been adopted by 70% of employers on the premise that the lack of barriers between employees encourages interaction and collaboration.
Read MoreIs hot desking just hype?
Hot desking involves multiple workers using a single physical work station or desk during different time periods.
Read MoreWould a virtual office suit my business?
Consider whether your business could be operated with a virtual office instead of the traditional fixed office.
Read MoreMaximise workspace utilisation
Maximising space utilisation involves reducing workspace inefficiencies to reduce rental expenses without negatively impacting employees.
Read MoreNegotiate a discount for prepaying 12 month’s rent
Prepaying 12 month’s rent in advance can offer a 5-10% discount on the years rent expense subject to landlord negotiations.
Read MoreSign a long-term commercial lease for rental concessions
Landlords are more flexible when negotiating long term commercial leases.
Read MoreBuy your business premises in your SMSF
This strategy involves purchasing your business premises in your self-managed super fund (SMSF). You are effectively paying rent to yourself.
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