In order to function effectively, it’s important that various members of staff within a business are able to work together and get along. But what happens when the team doesn’t function well? What can you, as a business leader, do to turn around a dysfunctional team? Here are some tips to help your low-performing teams
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Small business owners constantly face a myriad of threats to their growth. We’ve taken some of the biggest threats and put together some ideas on how to overcome them. Calling in the experts when it’s too late Many business owners call in the help of their advisors such as bookkeeper or accountant when they are
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Australian businesses with an annual turnover of more than $75,000 must be registered for GST. Charging an extra 10 per cent on top of services sounds simple, yet a number of small business owners get caught making one or more of these mistakes with GST. Businesses falling beneath the $75,000 threshold are not required to
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As a small business owner, you probably don’t have the time or the budget to make big changes to improve your business. However, even minor changes can make a noticeable difference to your bottom line. Here are some of our best tips to help your business stay on track. Use the right tools. You wouldn’t
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Towards the end of 2016, the Australian Government passed legislation to make sweeping changes to the superannuation system. The stated aims of these changes are to make the system fairer and to save the government money. Following is a list of some of the key changes. For more information on how these changes may affect
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Cloud computing is where computer applications are hosted on a remote server and accessed via the internet. Chances are that you are already using cloud computing without even realising it. Do you check your bank account balance on your phone? Have you sent an email using your tablet? These are all done using the cloud.
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What happens in your business if more than one staff member does not show up for work? What would happen if you or a key member of staff couldn’t work for a day or even a week? Would your business be in trouble? Could others on the staff cover for them? Do you even know
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If you are finding that doing your own bookkeeping is taking away valuable time from running your business, or that the service you are using is not producing the results you expect, it may be time to consider the services of a professional bookkeeper. If so, there are a few questions you should ask so
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