News Articles
Business Mentors: a secret weapon behind thriving businesses!
We are all aware of the numerous challenges business owners face when running a business. These challenges can be grouped into three key areas being: Having the skills and experience needed across every aspect of the business: Most businesses are started by people that have an idea, skill or passion for a particular product or […]
Disrupting Bankruptcy? Change from three to one year period.
The period of time during which a person remains bankrupt is being reduced from three years to one. But while most of the restrictions of being bankrupt will be removed after one year, some will remain; in particular the obligation to continue to pay contributions from income for the full three years. The changes to […]
Business Valuations: putting the “value” in “valuations”
There are a number of reasons why business valuations are done – maybe it’s the sale of a business or developing employee share option schemes. It could be to resolve shareholder disputes or maybe to determine an appropriate market value for taxation purposes. Providing quality business valuations is a growing part of the services we […]
Avoiding the slippery and winding path of phoenix activity!
The ATO and ASIC have again been in the headlines recently in relation to phoenix* activity and whilst this makes for good reading, it presents a sound reminder to all of us about the consequences of heading down the slippery and winding path of phoenix activity. This activity may be tempting for many due to […]
Anticipate, Adapt, Apply: Dealing with change in Government Law Reforms.
You’re probably aware of the proposed reform of laws relating to tax, wages and super. Disruption ahead? Maybe. But it’s not bad news for businesses that are doing the right thing. You just need to know what they are and keep on top of the changes. A wise man once said, “There is nothing permanent […]
SMEs should know what grant funding options they may be eligible for!
Following our article last month on the “Power of Business Reviews for SMEs”, we have received numerous enquiries asking what type of grants are available. This article covers some of the grants the Australian Government offer to help SMEs for activities such as growth, innovation and commercialisation to help develop these businesses. Operating a small […]
A handy reference guide – Data Breach reporting and how it may affect you!
Leading up to the introduction of the data breach laws, we gathered information that we found useful and have shared it with you as it may also be useful for you or someone you know. Read more about what it is, who it affects and how to report data breaches. What it is? On 11 […]
Keeping your superannuation protected when bankruptcy strikes!
In the challenging event of bankruptcy, your super funds could be off limits to creditors and may even be used to fund asset purchases. The Bankruptcy Act states that, if a person becomes bankrupt, funds held in a person’s regulated super fund are protected and unavailable to creditors. In addition, a bankrupt person can withdraw […]
The power of business reviews and grants for SMEs and the Australian economy.
Government business reviews and grants have become secret tools for small medium enterprises (SMEs) to obtain affordable help to grow their business, while assisting growth in the Australian economy. Find out how you can benefit from a network of support and advice to improve your business capabilities and competitiveness. According to the Australian Bureau of […]
Be aware of the “boiled frog syndrome” in business!
Welcome to part two of our podcast series with Joanna Oakey, Lawyer at Aspect Legal and Antony de Vries, Partner at dVT Group. In this podcast we dig deeper into the underlying concepts and warning signals that business owners and their accountants and other professional advisers should be looking out for. The main points covered in the […]