Tag: small business
How does inflation affect small business
Inflation can have various effects on small businesses, and these impacts can be both positive and negative. Here are some ways in which inflation ...
What is a buy-sell agreement?
A buy-sell agreement, also known as a buyout agreement, is a legal contract that outlines the terms and conditions under which the ownership interest ...
10 reasons to buy your business premises
Buying their premises can offer several benefits to businesses, including: Stability and control: Owning your premises provides stability and control over your business location. ...
Increase productivity and reduce costs with a four-day work week
A four-day workweek is a workplace arrangement whereby employees work four days per week rather than the customary five. Typically this involves having Monday ...
FBT exemption for retraining and reskilling staff
Employer expenditure on retraining and reskilling redundant (or soon to be redundant) employees is exempt from FBT. The education or training is not required ...
5 advantages of staff working from home
Having staff work from home reduces office space requirements and reduces rent. Additional advantages include: Increased talent pool - companies can hire the best ...
Crowdfunding for fast growing businesses
Innovative fast growing businesses needing to raise additional capital. Crowdfunding involves using the internet and social media to raise funds for specific projects or ...
Phasing out written authorisation for agent linking
Agent linking between tax agents and clients is carried out through written authorisation. The ATO will be phasing agent linking out in the wake ...
Director identification numbers to mitigate illegal phoenixing
The Australian Business Registry Services (ABRS) has introduced director identification numbers (director IDs) to cut down on phoenix companies (liquidating a company to avoid paying ...
Free small business advisory services
Let’s face it, running a business is expensive and many small businesses can’t afford professional advice. So where can small Australian businesses go when ...