Advice For Businesses Wanting To Improve Their Social Media Marketing Strategy
Millions of businesses around the world have successfully gained massive exposure for their products by implementing a successful digital marketing strategy. Businesses are placing their ads on platforms where their customers and desired target audience are active; Instagram, Facebook, YouTube, TikTok, Pinterest and other platforms. Brands that have effective social media campaigns are seeing major […]
NSW Government Opens Applications For JobSaver
On Monday 26th July, applications for the JobSaver scheme opened for NSW based businesses who have been impacted by the latest covid-19 lockdown. Applicants who are successful will receive 40 percent of their weekly payroll, at a minimum of $1,500 and a maximum of $10,000 per week, as long as they maintain their full-time, part-time and […]
Business Advice For Australians Wanting To Become A Sole Trader
If you are someone who has a great idea or an original product and a clear idea about who your customers will be and want they want then you might have the potential to be a successful sole trader. It is important to be aware of the fact that 60 percent of small businesses fail […]
Small Businesses Save $8.9 Billion Through Recommendations from Advisers
Throughout the covid-19 pandemic, Australian small businesses have sought the advice of accountants and bookkeepers to help overcome the many challenges they have been dealt with during one of the most unpredictable times of human history. Recent research illustrates that $36.4 billion was injected into the small business sector through grants, investment guidance, or other […]
The Benefits of Running A Family Owned Business
There are many advantages and benefits to running a family-owned business. Family business still thrive in today’s highly competitive economy as most successful family businesses are not only well-founded but also exceptionally well-run. When you are aware of the advantages of being in a family-owned and run firm, it can significantly help your business maximise […]
Small Businesses Encouraged to Pay Attention to Key Areas and Act Now in EOFY Tax Planning
Many Australians are guilty of leaving their tax planning until the last minute. Tax advisors are getting in early this year, with a particular warning to small businesses to act as soon as possible. The economic uncertainty of the 2020–21 financial year should motivate SMEs to review tax planning strategies immediately and not at the […]
Calls for The Australian Government to Expand Self-Education Deductions
The Institute of Public Accountants has called upon the federal government to follow through with its proposal to expand tax deductions to training and education that is unrelated to an individual’s current employment activities. At the present time, taxpayers are only eligible to claim tax deductions for self-education expenses that are directly related to their […]
12,000 Victorian Businesses Were Unfairly Denied Covid-19 Grants
The Victorian ombudsman has announced that 12,000 businesses across the state might now be eligible to receive retrospective covid-19 grants of up to $10,0000 after it was discovered that there were flaws in the grant applicant process that unfairly penalised human error. As a result of the probe, the Department of Jobs, Precincts and Regions […]
The Fallout of JobKeeper Has Been Overstated
The Australian Government has revealed that between 16,000 and 40,000 workers who were on JobKeeper during its final stage have lost employment since the $90 billion wage subsidy program was discontinued on Sunday 28th March. The recently released figures, are drawn from estimates from Single Touch Payroll microdata for the fortnight ended Sunday 11th April, […]
The SME Recovery Loan Scheme Has Opened
The SME Recovery Loan Scheme opened on Thursday 1st April and will be available for small to medium enterprises (SMEs) across Australia until 31st December 2021. The purpose of the scheme is to support the economic recovery, and to offer continued assistance, to businesses that received JobKeeper and also to organisations that are eligible flood-affected […]