Cybersecurity is becoming an increasingly risky area for small businesses. Cyber attacks and security breaches are not limited to the big corporations. Business owners need to prioritise cybersecurity as a cyber attack not only steals and exploits sensitive data but […]
Most businesses will need to recover debt at some stage. Adopting credit control practices and a debt recovery procedure can help prevent debt and promptly collect outstanding payments. To minimise your risk of debt, it is a good idea to […]
Investing in a workplace wellness program is one way employers can foster a culture of health and fitness among employees. Workplace wellness programs are designed to support, encourage and reward healthy behaviours. As healthy employees are shown to be more […]
Taking out a chattel mortgage to finance the purchase of a business vehicle is an attractive option for small business owners from a tax-saving perspective. A chattel mortgage is a mortgage on a movable item of property i.e. motor vehicles. […]
Branding can help small businesses stand out from the competition and gain customer loyalty – but only if it is effective. Businesses with brands that are confused, outdated or simply not appealing to the eye can hurt a business’s reputation […]
Adding your own contributions to your super fund is a simple and effective way to boost your superannuation. Personal super contributions are amounts an individual contributes to their super fund from their after-tax income. These contributions are in addition to […]
Following an announcement in July, the Australian Government recently increased the 32.5 per cent tax threshold from $37,001 – $80,000 to $37,001 – $87,000. The new PAYG withholding rates will apply to individual taxpayers who earn more than $80,000 from […]
The way an email is composed can say a lot about a business’s professionalism and image. Here are some points to keep in mind when composing and sending a business email: Think of the toneShort and overly formal emails can […]
Individuals may want to consider creating an emergency fund to prepare for unexpected financial shortfalls such as accidents and disasters. While an emergency fund is a great asset to have, building one up can seem be quite intimidating for those […]
It can be difficult for small businesses to grow their customer base beyond the realms of the local community. Generating new business, however, is fundamental to business success, no matter how challenging it may seem. Here are three ideas small […]
