Business Assessment and Valuation There are many reasons why business people seek a business valuation, including: Selling the business – to get an idea of a good price, you need to know what your business is worth. This is a leading motive for conducting a valuation. Even if you don’t plan to sell yet, valuing your…
The ATO’s New BAS Lodgment System The ATO is introducing a simpler BAS lodgment system from 1 July 2017. This will apply to small business entities with a GST turnover of less than $10 million. If you are a small business, you will only need to report: Total sales (G1) GST on sales (1A) GST…
Why Price Setting is Important in Business It’s a matter of balance. You went into business to make money and the concept of chalking up profits is fairly simple: Your company has to take in more than it spends. Top Tip: Reserve Discounts for Your Best Customers Maintain a sensible discounting policy. You want…
How to Make Your Payroll Process Stress-Free and Efficient Payroll is the bane of any business owner’s existence. This is because it is one of an organisation’s greatest expenses and is often easy to mess up, legislation is complex and ever-changing and even more difficult and complex when multiple awards and states are involved. After…
Considerations when Choosing the Right Legal Structure for Your Business As a business owner, one of the most important decisions you will make is choosing the right type of legal structure for your business. The type of structure you select will not only have an impact on how much you pay in taxes, it will…
Fill out the form below and the download link will be sent to your email.