Are your workers Employees or Contractors? The ATO is checking!
The ATO have for a long time been implementing measures to ensure that contractor arrangements are legitimate business dealings. The ATO in their 2011/2012 audit program found that 48% of those businesses reviewed were incorrectly treating employees as contractors (The Taxpayer, October 2012). There are a number of reasons why employers may be treating employees […] Read More
Guarantee your Business Success (or substantially improve your odds!)
Last month David Hadley posted an excellent blog on a couple of instances of poor customer service that he or members of his family experienced whilst shopping locally. The disappointing thing about one of those experiences was that the perceived poor customer service was provided by the new owners of a business that had just […] Read More
Cold Calls from Stockbrokers
My last blog in November discussed what investors can learn from the collapse of Banksia and how finance companies such as this are situated in the fixed interest market. In the last 6 weeks I have seen another example where consumers and potential investors are “targeted” by unscrupulous types, backed by a very well oiled […] Read More
Customer Service; What a difference it can make
Christmas is a great time of year… the weather is getting warmer, people are enjoying a well deserved break, kids have school holidays and, of course, the giving of gifts. Obviously most of these gifts are purchased from local stores so it is a great opportunity for our small businesses in the region to show […] Read More
Business Failures on the Rise; What can you do now to avoid being a statistic?
Some 20 years ago I went to a seminar on business development and strategies for business growth. At that seminar I picked up one really critical principle – the principle known as the Pareto Principle or the 80/20 rule. I subsequently purchased a book written by Richard Koch called “The 80/20 Principle” which provided a […] Read More
Fish! A powerful parable that will help you love the work you do!
FISH! You may ask what the #!$@ do fish have to do with an accounting firm? Fish is in fact the name of a best selling business book – by Stephen C Lundin Ph.D, Harry Paul and John Christensen – a powerful parable that will help you love the work you do – even if you […] Read More
You could lose your Plant or Equipment if it is on another Business’s property!!!
Did you know if you plant or equipment is on another business’s property and they go into receivership you could lose it!?!? If your plant or equipment is on the premises of another business that goes into receivership and you have not registered your interest using the Government’s Personal Property Security Register (PPSR) then it […] Read More