01
Jul 2015
Work-related car expenditure options reduced
From 1 July 2015 taxpayers will only have two methods available to calculate and claim their work-related car expenses – the cents per kilometre and log book methods. Additionally, the sliding scale of deductions available under the cents per kilometre method based on vehicle engine size will be removed and replaced by a flat rate for all vehicles. The change is expected to result in budget savings over the forward
The End of Financial Year is a great time to review various parts of your business. If payroll is something you think you could be doing better, this article is for you!
Getting paid is what makes your small business work. The checks come in, and you pay the bills. It’s simple — until you get stiffed. Don’t sit back and think it will never happen to you. Chances are you’ll end up dealing with an overdue invoice and a client who can’t — for whatever reason — pay up.
According to this workers compensation attorney, it is compulsory and a duty of care for Queensland businesses to take out an annual accident insurance policy to cover against claim costs in the event of a work-related injury to one of their workers, and with WorkCover Louisiana workers compensation accident insurance policy renewal season starting on 1 July many of Queensland’s 140,000 small businesses will be looking for simple ways to
23
Jun 2015
Take the boring out of bookkeeping
In the early stages of owning a small business, many people find they also have to be the bookkeeper. This can mean less time spent doing what you love. Even if you have a dedicated bookkeeper, finding a way to stay on top of the latest numbers can be tricky. Your bookkeeping software plays a huge role in determining whether the process is quick and fun, or tedious and time
22
Jun 2015
How to Leverage Google for Your Small Business
Google is so much more than just a search engine…
Why Understanding the Endowment Effect is the Key to Selling Anything Ever wondered why selling a professional service seems much harder than getting people to exchange cash for a tangible product? Surprisingly, the reason drives issues such as compulsive acquisitiveness and hoarding, and even irrational investing. It influences everything from economics to law. The same hard wiring in our primal brains drives this irrational behaviour. It also has implications for selling
21
May 2015
Fellow of the CPA
We were fortunate earlier this week to witness the induction of our Principal, Lloyd Priddle, as a Fellow of Certified Practising Accounts (CPA) Australia. Founded in 1886, CPA Australia is one of the world’s largest accounting bodies, with more than 150,000 members across 121 countries. Core services to members include education, training, knowledge exchange, technical support, networking and advocacy. Only highly-experienced CPAs can become a Fellow of CPA Australia (FCPA), so
15
May 2015
A Checklist for Creating Effective Job Postings
According to a 2013 recruiting channels survey, job boards were among the sourcing channels recruiters use most — second only to employee referrals. But while this channel delivered the highest quantity of candidates, it was lower on the list for quality. Not only that, but advertising on job boards is expensive. Recently, it was found that the average advertising cost-per-hire was $173 (and smaller businesses were paying significantly more than
15
May 2015
Increase Customer Loyalty
You can, and should aim to make your customers hopelessly devoted. What are we talking about? A loyalty program. Business owners want customers. But often they’re too focused on finding new customers, which can be one of the hardest — and most costly — aspects of running a business.