By Linda Cornacchia Risk insurance, Intellectual property protection, and learning about PPSR and cyber-attack insurance, doesn’t sound like the most riveting subject, but to business owners, it can determine whether a business survives or not. The expert panel gave advice on how to insure against a cyber-attack or a breach or an attack on your…
Why a Key Person Insurance is Important for Businesses What would happen if a key person in your business was unable to work? For small to medium business owners, if the Keyperson in your business suddenly became unable to work it could put the business at risk of collapsing. In this instance, you cannot afford…
What’s the Danger of Cyber Threats on Small Business? Cyber-threats can exist under a number of guises. Denial of service attacks overload systems – for example, by flooding a website with more requests than it can handle. This kind of attack was reportedly behind the failure of the Australian Bureau of Statistics’ site during Census…
Things to Know About Intellectual Property Written By Linda Cornacchia The dictionary definition of Intellectual Property is “intangible property that is the result of creativity, such as patents, copyrights, etc.” It incorporates creations of the mind, inventions, literary and artistic works and symbols, names and images used in commerce. Categories of Intellectual Property Intellectual Property…
The Australian Government Passed Safe Harbour Legislation Written by Linda Cornacchia Recently, the Australian Government has passed new ‘Safe Harbour’ legislation. This is an important change providing useful opportunities for companies when restructuring. The new law means that directors will be able to trade on their company when its solvency is questionable. The safe harbour…
Security Risks of Using Public Wi-Fi We have all accessed free Wi-Fi in public places. One of the most common places is the local coffee shop which provides free Wi-Fi when you purchase a coffee, there are always people using their laptops and mobile devices to access the free Wi-Fi. This is not uncommon, I’m…
Monthly team member profile Adam Willemse (Senior Accountant) Personal Service Income (PSI) Specialist Meet Adam, he has been with Advivo since 2014 and was recently promoted to Senior Accountant. Adam moved from South Africa to Australia in 2011. It was when he re-ignited his passion for accounting because of the challenges, consistency and nature of…
Understanding The PPSR Act In some way, shape or form just about every business comes in to contact with PPSR act. A concern of ours for some time has been exactly what this article highlights, people just do not understand this legislation although it has been around for several years. Please read the article below…
Cyber Security – Is your business ready for the changes? The Australian parliament has recently passed the Privacy Amendment (Notifiable Data Breaches) Act 2017 (NDB scheme) on 13 Feb 2017. From 22 February 2018, all entities covered by the Australian Privacy Principles (APPs) will have clear obligations to report eligible data breaches. All entities will…
Barriers To Business Innovation in Australia Business innovation includes the development or introduction of new or significantly improved goods, services, processes or methods. According to figures released by the Australian Bureau of Statistics (ABS), more than a quarter of innovative-active businesses (27%) have reported that a lack of access to additional funds is the main…
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