Posts by Success Tax Professionals
Increase sales to reduce rent as a % of sales
As rent is a fixed cost, increasing sales will reduce the rent cost as a percentage of sales.
Read MoreHow 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.
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