Staying afloat and thriving through a downturn
When the future looks uncertain, what can you do to prepare and strengthen your business? Recent times have certainly shown us that the future path of your business can change in an instant – usually, due to influences that are far beyond our own control. The Covid-19 pandemic and the ongoing global economic recession have […]
Bring your A game (not your O game)
Success in sport is all about playing your ‘A game’. Being the best you can be through preparation and training leading up to the game, as well as through your actions during and after the game – showing modesty and humility in success and graciousness in defeat. If everyone on the team plays their ‘A […]
Pricing strategies and how to set the best price
What’s the best way to establish a price for your products or services? Getting your pricing right is crucial. Put your prices too high and your customers may desert you; put them too low and you’ll generate sales but won’t have a large enough profit margin to create healthy revenues and cashflow for the business. […]
Super increase to 10% from 1 July 2021 – what it means for your payslip?
All – New 10% Superannuation Rate 1 July 2021 Increase from 9.5% to 10% Super applies to wages paid from 1 July 2021. Scenario A: Your contract is Y including super – less pay, more super Scenario B: Your contract is X plus super – same pay, more super Scenario A: Contract is X plus […]
Reporting Cryptocurrency Transactions at Tax Time
Have you dived into the world of cryptocurrency exchanges? Cryptocurrency is used to describe encrypted virtual currencies which exist as digital tokens. This digital currency operates outside of government via decentralised ledgers or digital wallets but can be exchanged for online goods and services. The ATO treats cryptocurrency as a form of barter exchange. There […]
Looking for business funding? We can help
Top tips for successfully securing funding for your business The key enabler for success for many startups and small businesses is securing funding. Even with the growing support around the world for investing in entrepreneurs, many businesses still struggle with the preparation required when applying for funding. Here are our top tips: 1. Network – […]