Impact of the Fair Work Commission Increase to Your Business The Fair Work Commission has announced that a 1.75% increase to minimum wages will apply to all award wages. In previous years the increase to award rates would happen on 1 July, however this year the increase to awards will start on 3 different…
Self-Managed Funds—the Advivo Way One of the big advantages of setting up your Self-Managed Super Fund (SMSF) is the ability to make investments the way that best suits you, and for some, this includes property. If you’re thinking about purchasing commercial property through your SMSF, it’s important that you understand exactly what’s involved. Business owners…
The Current Lending Environment Is Tough—What Can You Do to Ensure Approvals? Financial institutions are suggesting borrowers are pulling back from extra borrowing or making additional repayments to their mortgage repayments. “The Brokerage” is a finance company that has worked with a number of Advivo clients to minimise risk and maximise returns, leveraging their years…
Build a Stronger Future for Your Business With Advivo As the country slowly returns to business as usual, planning out the future of your business is no small task. Advivo are Brisbane based business advisors with the resources and skills available to help you move forward confidently during these uncertain times. As businesses re-open…
The Importance of Getting the Best Bookkeepers: Maintaining Accurate and Clean Financial Records Is your bookkeeping up to date to start the new financial year? With accurate and efficient bookkeeping, you will be able to maintain accurate and ‘clean’ financial records which will help you to understand how your business is performing to gain…
Advivo explain how our new Monthly or Quarterly Service Programs (MSPs) can help you! With the new financial year fast approaching now is the perfect time to benefit from one of for our Monthly or Quarterly Service Programs (MSPs). We can help you improve your business and remove the stress associated with end-of-year accounting.…
Advivo explains everything you need to do to get ready for the end of financial year (EOFY). It’s that time of year again…. although these are unprecedented times, it is time to start preparing to finalise the financial year 2020 to complete budgets and scenario modelling for the new financial year. Effective tax planning reduces…
In these difficult times more than ever it is essential to have your finger on the pulse and know how your business is performing right now. Having a well-considered and well-prepared budget and monitoring actual performance on a monthly basis to that budget is one of the best ways to ensure a swift and managed…
This is the first of a small series of blogs discussing what I believe will be the 4 key phases of this coronavirus business cycle. I will discuss what we’ve seen so far, what we can expect to see in the coming months and tips to successfully navigate your business through these phases. The coronavirus…
Government Assistance for Apprentices and Trainees As part of government’s ongoing support during the COVID-19 crisis, there is assistance to help eligible businesses to ensure they can continue to employ their apprentices and trainees. This includes a 50% wage subsidy of the apprentice or trainee’s wages paid since January 1, 2020 to September 30, 2020…
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