Category

Business Improvement

$1,500 JobKeeper Subsidy

By | Business, Business Improvement, Uncategorized | No Comments

$1,500 JobKeeper subsidy to keep staff employed Date ·         From 30 March 2020 for six months ·         For employees employed at and from 1 March 2020 ·         First payments in the first week of May 2020 Applies to Based on comparable periods: ·         Employers <$1 bn that have experienced a downturn of more than 30% ·         Employers >$1bn that have experienced a downturn of more than 50% A subsidy of $1,500 per fortnight per employee, administered by the ATO, will be paid to businesses that…

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5 things your accountant should be doing for you besides your taxes

By | Business Improvement, Starting a business, Strategy, Tax Planning, Taxation | No Comments

If your accountant is just a tax-time paper pusher, you are missing out on a range of opportunities to grow your business. In addition to filing your tax return and BAS statements, your accountant should be acting as a trusted advisor, delivering valuable advice across business functions to help improve your profits, reduce your costs and streamline your business. Your accountant should be available to you year-round, know your business inside out, and offer regular advice that assists you to improve your profits and grow…

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Benchmarking for profit improvement graphic

The Case for Benchmarking

By | Business Improvement, Strategy | No Comments

Benchmarking is key to revealing the critical actionable insights that will boost your business performance and increase your profits.       What is benchmarking? Albert Einstein said: “Insanity is doing the same thing over and over again and expecting different results.” This is as true in the business world today as it was for Einstein in science decades ago, yet many business owners are guilty of clinging to the same old operational processes and management strategies that consistently fall flat in the modern economic environment….

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