General

How do you know if your business is in strife? Insolvency specialists will tell you that business failures don’t show for months if not years after an economic downturn as business owners struggle to hang on.  A business can go broke for many reasons but one consistent factor is the owner’s fail to recognise the […]

What is the PPS register? You might have heard the advertising about the Personal Property Securities Act (PPS Act) and the national register that opened on 30 January 2012.  But with a title like that it’s easy to think that the Act and the register are not something that the majority of us need to […]

The Australian Taxation Office has released information regarding their annual updates to small business benchmarking, with data from recent financial years. Small business benchmarks are key financial ratios developed to help business owners compare their performance against similar businesses in their industry and to help the ATO identify those that may not be reporting all […]

You are looking to buy a small business.  You see something you are interested in:  right industry, right location but is it the right price? In today’s market everyone is looking for a bargain.  The difficulty in assessing the price of a small business is that there may not be many, ready comparisons available in […]

Estate planning is more than just having a will. It’s all about ensuring that a person’s estate is passed on to their beneficiaries in the most tax-effective and financially efficient way possible when they are gone. Getting advice on setting up an estate plan can help you to achieve peace of mind in knowing that […]

Superannuation has long been a regulatory nightmare. For many people, choosing between superannuation and property investment for the more effective wealth creation vehicle can be a confusing experience. Over the last five years, changes have been made to simplify superannuation rules, offering some very generous bonus conditions for workers. One of these changes included the […]

If your SMSF has borrowed money (or thinking of borrowing money) to acquire ‘bricks and mortar’ property then there are a few things you need to know. A new ATO ruling released recently helps to clarify what you can and can’t do with property that is under a limited recourse borrowing arrangement (LRBA). The ruling […]

One of the most powerful and effective branding exercises you can do for your business is to develop a positioning strategy. A positioning strategy is what differentiates your business from any other brand. It is the image that you are trying to create in the eyes of your customers. Positioning focuses on the target market […]

After almost two years since the release of Apple’s first iPad computer, the rising demand for tablet technology continues to soar. With their convenient size, in-built keypad functionality and handwriting recognition technology, incorporating tablet devices into everyday business activities is proving beneficial to many businesses around the world. Tablet computers have been seen acting as […]

Having succinct yet comprehensive employment contracts is an important consideration when starting or streamlining a business. A recent decision in the New South Wales Court of Appeal is a reminder for businesses throughout the country. It has emphasised the importance of ensuring that bonus provisions in contracts of employment properly reflect the intent of the […]