If you thought reaching an agreement on price was difficult, wait until you get to the fine details of buying or selling a business. So you’ve reached an agreement on price. But, there are differences between the parties on how the sale price should be apportioned across different assets. A solution that’s sometimes proposed is […]
Workplace productivity is essential in ensuring that your business works at optimum level, but despite its integral role in the workplace, the task of increasing productivity is often a time-consuming and frustrating job. The benefits of enhancing workplace productivity are numerous and do not just advantage managers, but everyone within the company. Not only is […]
Each year the ATO identifies several industries where employers have a higher risk of not complying with their super obligations. In 2012, the ATO will focus on the following high-risk industries: cafes and restaurants real estate services carpentry services. Typical mistakes that have been identified by the ATO include: paying insufficient super contributions missing the […]
The 2012 Federal Budget revealed tougher laws for superannuation from the start of next financial year, 1 July 2012. For over 50’s with an income of $300,000 or over, super will now be taxed at 30 per cent, rather than the current rate of 15 per cent. The proposed concessional contributors cap for those over […]
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 […]
The Business Ladies completed their interclub matchplay at Parkwood over the weekend. Coolangatta Tweed went into the final round trailing by only half a point from Helensvale,and lying equal second with Southport. The ladies played against Beaudesert and with two matches won, and two matches lost, it was up to the final […]
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 […]
SIGN UP for Latest News and Events
