It’s Finally Here! Discover Our New and Improved Bookkeeping and Payroll Service We’ve heard your feedback and been working very hard to produce an efficient and cost-effective solution to your bookkeeping and payroll blues! Accurate and Efficient Bookkeeping We understand better than anyone that without accurate and efficient bookkeeping, your accounting will be inaccurate, meaning…
Market Intelligence: Vital for Favourable Outcomes of Commercialisation Projects In some cases, the famous tagline of Nike, “Just do it”, doesn’t apply. In fact, when it comes to commercialising your innovative idea, the “Just do it” method is one factor that leads to 70 – 90% of commercialisation projects failing. Access to market data, information…
How Businesses are Affected by Changes in the Technological Landscape A changing technological landscape has far-reaching consequences for many business sectors. These changes create a disruptive digital environment affecting businesses, large and small, all over the globe. Moving any part of a business to the Cloud may seem intimidating but with the right support, any…
Cloud-Based Accounting and Its Benefits In late August, an accounting software provider in Australia, MYOB, announced that as of September 2019, the AccountRight Classic desktop software will no longer be updated, and support services will cease. One of their original products, AccountRight Classic has been on the market since the 1980s. This is their first…
Clearance Requirements Before Selling Your House In the market to sell your house? Before you call in the real estate agents and home stylists, you probably know that you’ll need to have a contract of sale handy. Did you know that you may also need to get a capital gains withholding clearance certificate from the ATO?…
By Trevor Holmes – MD Advivo Innovation Commercialisation Partners Why do 90% of Commercialisation Projects Fail? What We Can Learn? Over the last decade we have seen an explosion of innovation; from start-ups to mid-tier businesses and large corporations, many businesses are feeling the realities of disruption and are seeking to innovate products, technologies and…
So I paid super a few days late…crucify me. Many small business owners often end up with superannuation paid late. This is especially the case when they’re trying to pay super quarterly as opposed to monthly. The black letter of the law actually denies businesses an income tax deduction for superannuation which is paid late. …
Business Forecasts – Why do I need them? Here at Advivo Accountants and Advisors, we’re always preaching about the importance of having a functional business forecast or budget. “Why do I need a business forecast” I hear you ask? The short answer is “because you can’t afford not to”. Everyone has heard the phrase “you…
Ipso Facto Legislation Passed Following ‘Safe Harbour’ As part of the federal government’s reforms on insolvency and assisting businesses to trade through difficult times without going into some form of administration, there have been two major legislation changes announced in last year’s budget. The first of these was the Safe Harbour Legislation for company directors,…
How to Improve Your Business Cash Flow Since our recent seminar where we gave away secrets on maximising cash within businesses, we’ve received several enquiries asking for details of our Tips & Tricks. Following is a brief summary of some of those discussed on that evening. Importantly, whilst many businesses are similar, every business…
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