December 2013

Thinking Of Buying A Business In 2014?

The great Australian dream may now include owning your own business according to a report released by The Global Entrepreneurship Monitor. It claims that more than 10% of the Australian adult population are either in business or planning to start a business.  If you are planning to buy a business there are some important things to consider before you invest thousands of dollars in someone else’s business.

Prepare Your Business For Christmas

Christmas is just around the corner and for business owners, the lead up to Christmas can be frantic. Most businesses shut the doors for at least part of the holiday season which means they go from ‘flying to frozen’ overnight. As such, you need to plan for the pre and post Christmas periods and in this article we provide some tips for the holiday season. 

Thinking Of Buying A Car Or Equipment In December?

Although only draft at the time of writing this newsletter, these proposed tax changes could have an impact on decisions you need to make before the 1st January 2014. The repeal of the Mineral Resource Rent Tax (Mining Tax) is unlikely to affect small business entities or individuals but some of the other tax measures may have a wider impact.

Labor Legislation Overturned By New Government

In this article we look at 4 pieces of Labor legislation that were overturned by the new Liberal government including the Self Education Expenses Cap, Fringe Benefits Tax and Low Income Superannuation Contribution.

Looking For A Comfortable Or Modest Retirement?

Australia’s superannuation system is the fourth largest in the world and continues to grow. The total assets held in Australian superannuation accounts is currently worth 100% of annual GDP and Deloitte reports that by 2033 it will grow to 180% of GDP. This article outlines the key points about Australian superannuation.

Six Reasons Your Website Will Fail

Despite the fact that the Web is nearly twenty years old, many small and medium sized businesses (SMB) still have a limited and ineffective online presence. In fact, an analysis of 1 million websites worldwide last year highlights the inadequacies and explains why so many businesses are failing online and we outline six of them in this article.

Business Start Up Corner

What You Really Need to Know About Your Business Name

Choosing your business name is an important part of the start-up process. It is often the first hurdle many budding entrepreneurs need to jump as they try to find a business name that is clever, memorable and relevant to their industry.

Is Running A Small Business Tougher Than 5 Years Ago?

A survey conducted in the US by email marketing company Constant Contact suggests that 59% of small business owners believe it's harder to run a business today than it was five years ago. They were asked what the biggest changes are in how they do business today versus how they did business five years ago... The results are interesting!

There's An App For That

Do you have piles of business cards and struggle to find the one you need? With smartphone technology it seems crazy to still be exchanging paper business cards, but it still happens. We've found a perfect app to solve your problem.