With the Consumer Price Index (CPI) rising 7.3% over the twelve months to September 2022 and being tipped to peak at 8%, there are signs that we’ll continue to see the Reserve Bank of Australia (RBA) increase interest rates in the coming months. However, economists are generally tipping an easing in inflation and interest rates…
Advivo Partner, Dale Edwards, shares some great tips to ensure that Cashflow isn’t a headache over the Christmas period. The Christmas period can be quite challenging from a business cash flow perspective. As if it is not enough with reduced work days and billing potential, add to that extra holiday leave to be paid and…
As we move towards 2023 businesses face new challenges in the form of climbing interest rates, inflation, and economic uncertainty. Managing your business requires better visibility of real-time financials and more process efficiency through innovation and technology than ever before. The last few years have proved that small and medium businesses (SMBs) need to invest…
Advivo explains the things you need to know about the expansion to Single Touch Payroll. Single Touch Payroll (STP) is the Australian government’s initiative to reduce the reporting burden for employers. In the 2019-20 Budget, the government announced an expansion to STP that will require employers to provide additional information to the ATO. This…
Without an Estate Plan, you risk costly and unwanted emotional stress for your family and loved ones… Advivo shares six considerations to make sure all your personal, financial and business affairs are taken care of. The idea of future-proofing your business is about doing work now to grow and protect your business to ensure that…
“How to Retain and Find Staff for your Business – A Panel Discussion” – Business Booster Event This event has now ended. To access the event recording, click the button below. Watch the Event Recording Now We all are experiencing difficulties with finding good people at the moment, so this next Business Booster event will…
Advivo presents some scenarios for business structures At Advivo, we find when we start looking at structuring businesses for clients, there are two great drivers behind the discussion. These are: Tax minimisation; and Asset protection. In the course of evaluating their circumstances and making recommendations, it is fairly rare that a trust structure fails to…
Advivo Partner, Chris Morris, shares his top tips to increase your chances of successfully obtaining funding for your small business through Government Business Grants. With the new financial year kicking off, people are often looking for ways to fund their businesses or projects. Depending on your business, your industry, and ultimately your goals, Government Business…
“Does Your Business Need a Board?” – Business Booster Event This event has now ended. To access the event recording, below. Watch the Event Recording Now If you own a small business, getting independent advice and support from a board or advisors could be the best thing for you. It can accelerate your business’ growth…
Advivo breaks down how your business can prepare for the recently announced wage increases. In their latest press release, the Fair Work Commission made two important announcements concerning the 2022 Annual Wage Review. 1. Increase to the National Minimum Wage From 1 July 2022, the National Minimum Wage will increase by 5.2%, which amounts to…
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