Director ID – How to apply for yours
Applying for your Director ID as an Australian resident for tax purposes is a straight forward process. This is a reminder that as of 5 April 2022 anyone intending to set up a new company will require a Director’s ID. Current Directors have until the 30 November 2022 to apply for their ID. Step 1: […]
10 Ways to Protect Your Business from Online Threats
Businesses of all sizes are under constant threat from cybercriminals and malicious software, with even some of the world’s largest and apparently impenetrable organizations making headlines in recent years after falling victims to cyberattacks. Although the risk is generally lower for smaller companies, since they don’t tend to be primary targets for hackers, it is […]
How to attract and retain the top talent
High-performing companies attract and retain high-performing staff. But sometimes finding the right fit takes time. Time that you might not feel like you have. However, it’s time that’s well worth it. Putting in the effort to attract and retain the best person for the role is an investment in your business. Here are some steps […]
How to find a profitable niche for your business
As a business owner you want to be known for the value you deliver. And the way to really master how you deliver value is by finding a specific niche for your business. Instead of catering to a broad set of customers, narrowing your services to a specific segment allows you to focus your efforts. […]
Why it’s important to get the work-life balance right
Small business owners are under a lot of pressure. You’re juggling a business—and all the responsibilities that come along with it—with the life you lead outside the office. They often don’t know when to stop, and end up exhausting themselves from all the ongoing demands of self-employment. But overworking is counterproductive. You become tired, stressed; […]
How do I Hire the Right Bookkeeper?
“Outsource your weaknesses.” So says start-up guru, Sujan Patel, when advising small business owners to get outside help for tasks like payroll and bookkeeping. And when you consider that 70% of businesses fail due to poor in-house financial management, Patel’s advice seems spot on. Unfortunately, many small business owners seek to keep costs low by […]
Cloud Computing
9 Reasons to Switch
Don’t be left up in the air by traditional IT solutions. Check out the top 9 advantages for small businesses switching to cloud computing. Cloud computing is fast becoming the norm because storing information and using software hosted on the Internet has many advantages. 1. Save money Traditionally, a small business spends money licensing software […]
