Franchise Head Office    Page 2

Category: Franchise Head Office

Commoditisation of accounting services

Commoditisation of Professional Services

According to a Deloitte Access Economics report in 2015, digital technologies contributed $78.8 billion to Australia’s GDP. By 2020, it’s forecast our digital economy ...
salary sacrifice

Salary Sacrifice, Super and Tax

Salary sacrifice is forgoing salary to receive another benefit (which could be a fully maintained motor vehicle, holiday, etc.).  In this case additional employer ...
Consulting an accountant

The Importance of Consulting an Accountant before Buying a Business

I believe that if you don’t consult an accountant before starting or buying a business maybe you should not be in business. Most accountants ...
wooly mammoth

Four Ways Accountants Are Destroying Their Practices

Accountants, like all business owners, can become complacent and run down and destroy their practices profitability and eventual sale value. The four most common ...
Kongo Gumi

Corporate Immortality

All businesses, like people, must eventually die and cease to exist. Ten years ago the then world’s old company – Kongo Gumi, aged 1,428 ...
line in sand

Five Strategies to Grow a Compliance Practice

Compliance based accounting practices that want to grow their practice revenue and be financially rewarded should: Firstly, recognise that the world has changed and ...
digital disruption compliance

Digital Disruption Affecting Compliance Accounting

Unfortunately for compliance based practices, the technology and digital disruption affecting many industries is starting to impact on the compliance accounting practice. Compliance fees ...
compliance tax agent

Why Have Compliance Services Been So Profitable?

Compliance services have traditionally, and currently still, account for between ninety to one hundred percent of the fees revenue of the majority of the ...
foreign resident tax australia

Tax Implications of Australian Tax Resident vs Foreign Resident

Australian resident for tax purposes: Tax payer is required to declare worldwide income earned on tax return. Tax payer on a temporary visa, being ...
business success

7 Predictors of Business Success

On average, 44 small businesses are closing their doors each day according to the Australian Bureau of Statistics data.  Approximately 80% of small businesses ...