Meeting your QBCC financial covenants specifically Net Tangible Assets (NTA) and Current Ratio has never been more crucial for builders and construction businesses in Queensland. The Queensland Building and Construction Commission (QBCC) uses these metrics to assess the financial viability and compliance of your business with its licensing conditions. For Categories 1 to 7 licence holders,…
Voice for Victims Foundation grew out of a grassroots movement started by Ben Cannon in 2021, after he was himself the victim of a violent crime. That movement sought to highlight shortcomings in a system that too often appeared to prioritise the rights of offenders over the needs of victims. Working with, and standing alongside, so many victims also…
Artificial intelligence has moved rapidly from experimental novelty to everyday business tool. Across industries, businesses are finding practical applications that streamline operations, reduce administrative burden, and free up time for higher-value work. But alongside the opportunities come genuine risks that need careful attention. Where AI is Making a Difference The most common uses of AI…
We’re now six months into the financial year, making this the perfect time to review your business goals and assess what’s working and what needs adjusting. A strategic mid-year review can determine whether you coast to June or finish strong. Why January Matters The start of the calendar year coincides with the midpoint of the…
Advivo explains how partnering with a business advisor can help small businesses scale their operations. Expanding a small business can be an exciting yet challenging endeavour. Whether you’re looking to enter new markets, launch new products, or simply grow your customer base, having the right guidance is crucial. According to data from the Australian Bureau…
Advivo Outlines How Technology is Transforming the Work of Tax Advisors in Brisbane In recent years, the landscape of tax advisory services has undergone a significant transformation. Technological advancements have revolutionised the way tax advisors operate, making the process more efficient, accurate, and client-friendly. This evolution not only streamlines tax-related tasks but also enhances the…
Advivo Managing Partner, Leon Stephan, provides helpful tips for setting goals to effectively boost your business. Let’s start with some key tips that are important for setting goals that are achievable and productive across all levels of a business. The SMART Goals framework, encapsulated below, is a good principle to follow: S: Specific M:…
Advivo explains how you can set smart goals for your business’s future, with the help of accountants in Brisbane City. Developing goals is an important aspect of running a business: they give you something to work towards and can take many different forms. Whatever your business goals are, you should ensure that they are achievable,…
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