Advivo Newsletter October 2019

By October 16, 2019Newsletters

Focus on What Matters with Advivo

Well, it is hard to believe the first quarter of the financial year is now done and dusted. How did you fair? Did you hit your targets and achieve what you wanted? Before you know it, Melbourne Cup then Christmas will be here and another calendar year behind us.

If you want to make a real improvement in your business or just want to be sure you not only hit your goals in 2020 but smash them out of the ground, come along to our next event “Turbocharge your Business for 2020” on the 23rd of October where will have a team of experts to answer your questions and guide you to success. To register, please visit Eventbrite.

Please take the time to read the articles on systems automation, innovative accounting practices and having the right people do the right job. Far too often we focus too much on increasing sales and forget about saving costs; remember every dollar you save, you get 100 cents in the dollar, extra sales for most people (at an average extra profit margin of 30 to 40 %) mean you are only getting roughly 35 cents return on every dollar. Remember there’s always more than one way to look at things!

Sincerely,

Leon Stephan
Managing Partner

Upcoming Events

Turbo Charging Your Business for 2020 

DATE: Wednesday, October 23 2019, 5:30pm – 8:00pm
VENUE: Ovolo Inchcolm, 73 Wickham Terrace, Spring Hill, 4000

Just over a week until our ‘Turbocharge your Business for 2020’ event! This highly interactive event will give you the chance to sit with each of our expert consultants and ask any questions you may have around your business planning for 2020. Register for this event today!

Our specialists will cover topics such as capacity planning for a new product or service, data science and moving into a new market, digital integration, marketing, business development and team motivation. Stay tuned for announcements about the rest of our experts this week on our LinkedIn!

How To use Automation to Help Manage Your Cashflow/Debtors

Taking control of your cashflow and managing debtors are challenging elements to running a successful business. While there are many different ways of maintaining cashflow, automation is one of the first steps you can take to get ahead of it.

To learn more about the benefits of how automation can significantly improve your productivity, click here. Or, if you would like assistance with managing your cashflow/debtors, contact us today!

How To get the Right People doing the Right Job

We work with a lot of businesses and their staff. It is quite amazing how often we see major inefficiencies by having people doing the jobs that they are just not suited to.

At Advivo we work with clients to determine the right tasks within the business, and then help business owners determine which people should perform which roles. Click here to read more.

 

Innovative Accounting Solutions!

Here at Advivo, we provide a multitude of innovative accounting solutions for you and your business. We provide innovative fee structures, such as fixed fees for ease of mind, then we provide solutions such as innovative ideas commercialised through our ICP Partners, systems integration and cloud accounting, international trade advice and grants and financial management and modelling. To learn more about how Advivo can take your business to the next level, click here.

Scam Alert! ATO Scam Page

We have written before alerting to circulating scams that appear as communications from the ATO and the ASIC. These scams can be highly effective at misleading individuals and will compromise the security of your personal information.

Click here to view our compiled list of known scams and how you can protect yourself against them.

Advivo Tip of The Month

Support A Charity with your “Gift of Giving”

Hands

Advivo’s commitment to the community includes our monthly charitable donation and we want you to help! Last month we contributed to Furry Friends Animal Rescue Queensland, a volunteer-run registered charity focusing on rescuing and re-homing stray and abandoned companion animals.

This month we have chosen to contribute to the Vinnies Disaster Appeal to help victims of the bushfires devastating communities across Queensland. To donate, click here.

Don’t forget if you would like us to include a charity of your choice, just drop us a line at info@advivo.com.au

Key Events / Dates:

  • 21 October – Pay annual PAYG instalment notice (Form N).
  • 21 October – Lodge and pay September 2019 monthly business activity statement.
  • 28 October – Pay quarterly Employer Superannuation Guarantee amounts
  • 28 October – Lodge and pay quarter 1, 2019–20 activity statement or instalment notice if lodging by paper.
  • 31 October – Lodge tax returns for all entities if one or more prior year returns were outstanding as at 30 June 2019.
  • 31 October – Lodge and pay Self-managed superannuation fund annual return for new registrant SMSF.
  • 31 October – Lodge tax return for all entities prosecuted for non-lodgement of prior year returns and advised of a lodgement due date of 31 October 2019.