Tag: Business Strategy

The Importance Of Strategic Leadership In The Age of Covid-19

The covid-19 pandemic has generated a massive reorganisation in the way people live and world across the world. Businesses folded as their traditional sources of revenue dried up, whilst others flourished and adapted successfully to sudden change by updating their operating model in order to survive as a business. In a nutshell strategic leadership is […]

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 […]

Marketing Tips to Help Promote Your Business Online In 2021

The covid-19 pandemic has forced millions of businesses around the world to re-think their marketing strategy to promote their products and services. Lockdowns brought about the closure of physical stores and as a consequence of this many businesses have had to open and expand upon their online stores. Here are some tips for businesses who […]

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 […]

The Australian Government Has Extended the SME Responsible Lending Exemption

The Australian Government has announced an extension of the SME responsible lending exemption. This announcement comes following delays to the passage of new laws that will consequently remove responsible lending obligations for banks. The SME responsible lending exemption was set to expire on 2nd April 2021 having been originally introduced in March 2020 at the […]

The Potential For e-invoicing to Be Used For Tax Compliance

The Federal Government often praises e-invoicing for its productivity benefits as opposed to its ability for tax compliance potential. Based on how the service is being used overseas it is highly possibility that e-invoicing will be used in the future to prevent tax evasion and to combat the black economy.  As the Federal Government considers […]

Federal Government Extends Apprenticeship Wage Subsidy Scheme Until 30th September 2021

Prime Minister Scott Morrison has announced that the federal government will be extending its wage subsidy scheme for apprentices and trainees until the end of September 2021. It is anticipated that the extension will result in another 70,000 new jobs being created. The scheme has already created over 100,000 apprenticeships since it was introduced on […]

Advice for Business Owners Who Are Preparing for The End of JobKeeper

The Australian Government will be ending the JobKeeper scheme on Sunday 28th March. Here are some tips to help business owners prepare for life after the wage subside. Review Your Cash flow With as much detail as you can, it is advised that business owners put together a forecast for the next few months. Get […]