BUS010 A budget is your guide to success (207 words)

BUS032 A guide for selling or closing your business (632 words)

BUS032.doc

Description
Introduction

Description
Introduction

Description

Selling or closing down a business can be a very emotional time. There is an excellent checklist on the ATO website – this article helps to explain some of the more confusing points that need to be addressed whilst selling/closing a business in Australia.

Introduction

As a hard-working small business owner you've spent years building your own livelihood and now, for whatever reason, you've decided the time has come to sell or close down your enterprise.

To assist you, the Australian Tax Office provides detailed guidance on important legal and taxation matters you will need to address here. We have briefly clarified some of the more confusing requirements.

To download and use this article, make sure you're logged in. No login details? Register above for full access.

BUS031 Keeping your business safe online (551 words)

Download (doc, 33 KB)

BUS031.doc

Description
Introduction

Description
Introduction

Description

This article focuses on business clients who need to be aware of the increasing risk of cyber-crime. It lists the most common dangers to businesses and outlines what should be included in a security policy to manage the threats. It also mentions Cyber Insurance as an adjunct to normal business insurance.

Introduction

During the first six months of 2016, small businesses reported losses due to scam activities of more than $1.6 million. That may seem like a drop in the ocean compared to the billions of dollars’ worth of business conducted over the Internet each day, but for the businesses affected the results can be catastrophic. Incredibly, sixty per cent of businesses that experience a cyber-attack cease operating within six months of the incident.

Many scams simply exploit the better side of human nature. Others rely on sophisticated technology that few people understand. Either way, the first line of defence is awareness.

To download and use this article, make sure you're logged in. No login details? Register above for full access.

BUS030 What can you tell your employees about super? (488 words)

Download (doc, 32 KB)

BUS030.doc

Description
Introduction

Description
Introduction

Description

There is a fine line between what an employer can tell his/her employees about superannuation. This article points out what can and can’t be discussed to help make sure your business clients don’t get themselves into trouble by inadvertently giving advice on super.

Introduction

It’s a common question asked by employees: “what should I do about my super?” If you are an employer or manager and feel confident of your knowledge of superannuation and investment, it can be tempting to give an answer. However, just about anything helpful you have to say will likely fall within the definition of giving financial product advice, and that could land you in very hot water.

To download and use this article, make sure you're logged in. No login details? Register above for full access.

BUS029 The latest business model - because sharing is caring (466 words)

Tagged in Featured

Download (doc, 30 KB)

BUS029.doc

Description
Introduction

Description
Introduction

Description

This article discusses the latest economy known as the “sharing economy” that is taking the world by storm. It explains how it works and mentions the tax implications and GST requirements. It recommends seeking professional advice to ensure your readers meet the rulings governing this new economy.

Introduction

With help from the internet, the latest business model is quietly turning millions of ‘average Joes’ into entrepreneurs.

•   Uber is connecting riders with drivers through apps.
•   Airbnb is connecting hosts with travellers looking for a place to sleep through its website.
•   Zopa is connecting lenders with borrowers through its peer-to-peer lending service.

Many individuals are unlocking the value of their underutilised resources by sharing them with others in exchange for a benefit – both monetary and otherwise – giving us the term ‘sharing economy’.

To download and use this article, make sure you're logged in. No login details? Register above for full access.

BUS028 Want to turn your passion into a business? (525 words)

Download (doc, 29 KB)

BUS028.doc

Description
Introduction

Description
Introduction

Description

This article is focused on your small business clients who need finance for a start-up or to fund growth and have heard about “crowdfunding” but don’t really know what’s involved.

Introduction

Banks traditionally make it difficult (sometimes impossible) for owners of small or start-up businesses to obtain finance. Unless, of course, you are prepared to give them your house, complete with the dog’s kennel, as security. Instead of risking Fido’s cosy bed, why not explore a method of finance raising that is taking the world by storm? It’s called crowdfunding.

To download and use this article, make sure you're logged in. No login details? Register above for full access.

BUS027 Getting your bills paid on time (466 words)

Download (doc, 30 KB)

BUS027.doc

Description
Introduction

Description
Introduction

Description

This article discusses a growing problem for small business owners – late payments destroying healthy cash flow. It gives three easy solutions to this problem which will help your business clients achieve better results from their creditors.

Introduction

Running your own business can be extremely rewarding but there will always be times when it will be quite the opposite. Depending on the business, many factors will determine the success or failure of a small enterprise however the most common is cash flow. Outlined below are three very simple solutions to cash flow problems to help make your business ownership more rewarding.

To download and use this article, make sure you're logged in. No login details? Register above for full access.

BUS026 Good records save small businesses (377 words)

Download (doc, 27 KB)

BUS026.doc

Description
Introduction

Description
Introduction

Description

This article is aimed at small business owners and illustrates how keeping good tax records can save time and money, and ultimately contribute to the profitability of the business. It outlines the various benefits to small business and reminds your readers that the ATO is not lenient when it comes to mistakes.

Introduction

According to the Australian Taxation Office (ATO) many small businesses fail due to poor record-keeping. Aside from the legal reasons, there are many financial reasons for making sure your books are in order.

Good record-keeping is not just about accumulating receipts for tax deductions. Businesses making quarterly income tax payments may be able to reduce their instalment amounts if their records indicate that profits are down from the previous year. Without accurate and up-to-date records this data may not be available.

To download and use this article, make sure you're logged in. No login details? Register above for full access.

BUS024 Employee or contractor? There is a difference. (705 words)

Download (doc, 30 KB)

BUS024.doc

Description
Introduction

Description
Introduction

Description

This article explains the differences between employees and contractors and warns your clients that there are strict laws protecting employees against employers who may try to reduce their costs by engaging workers under the wrong employment category. A handy reminder for both employers and employees. Written in the adviser's voice.

Introduction

I can understand during difficult economic times that business owners search for ways to reduce their costs and outgoings, but when those decisions affect others detrimentally, that’s when I get cranky.

Recently I had a phone call from a client who had been retrenched six months ago. Although this man is very skilled and talented, he has been struggling to find full-time work in his chosen profession. He and his wife had savings put aside for such a time but living on one wage for six months was not only testing the savings balance but also their relationship. So he decided to try a different career role.

To download and use this article, make sure you're logged in. No login details? Register above for full access.

BUS021 The unique needs of small business owners (509 words)

Download (doc, 30 KB)

BUS021.doc

Description
Introduction

Description
Introduction

Description

This detailed article is excellent for your business clients – it addresses their unique wealth management needs highlighting the importance of insurance, superannuation, succession planning and seeking professional advice.

Introduction

The main reason people go into business for themselves is quite simple – to have more control. For others, wealth creation is the main focus, although small business also brings with it the higher chance of failure and loss. Is the hard work and extra risk worth it? If you are a small business owner or have dreams of becoming one, consider the following and how it might apply to you.

To download and use this article, make sure you're logged in. No login details? Register above for full access.

BUS020 5 ways to protect your business from disaster (377 words)

Download (doc, 30 KB)

BUS020.doc

Description
Introduction

Description
Introduction

Description

This helpful article is a reminder for business owners who haven’t created a business disaster recovery plan or reviewed it lately. It outlines some sound guidelines.

Introduction

Over recent summers hundreds of businesses have been brutally affected by wild natural disasters spanning the breadth of Australia. The lucky ones were back in business a few months later – but for many, flood waters, bushfires or destructive winds closed the doors of their operations forever. So what would happen if a disaster – natural or man-made – struck your business? Would you be ready? How long would it take to get back on your feet? Would you fully recover?

To download and use this article, make sure you're logged in. No login details? Register above for full access.

BUS019 Make sure your succession is a success (418 words)

Download (doc, 32 KB)

BUS019.doc

Description
Introduction

Description
Introduction

Description

This article asks the important questions to start the succession planning process. It highlights the importance of having professional advisers during all stages – before, during and after.

BUS017 Has your business got this covered? (472 words)

Download (doc, 27 KB)

BUS017.doc

Description
Introduction

Description
Introduction

Description

A more specific article focused on business owners having a written succession plan to ensure their personal wishes will be met if they die or are incapable of working. It addresses 4 important aspects – structure, agreements, insurances and Powers of Attorney.

Introduction

It’s not uncommon for business owners to take short, irregular holidays because they don’t have the support to keep their business running without them for a longer break. Aside from taking time off for leisure, have you considered what would happen if you were forced to take six months off work due to a serious illness or injury?

Would the business survive and how would the bills be paid? Or if you were to die, can you be sure that your business partners would give your family a fair deal?

To download and use this article, make sure you're logged in. No login details? Register above for full access.

BUS014 10 important tips for business owners (363 words)

Download (doc, 38 KB)

BUS014.doc

Description
Introduction

Description
Introduction

Description

This is a handy reminder consisting of 10 areas that need regular review when running a successful business.

BUS013 Six steps to protect the future of the family business (357 words)

Download (doc, 30 KB)

BUS013.doc

Description
Introduction

Description
Introduction

Description

This article lists and explains six important steps to help ensure the success of family businesses through generations. An excellent reminder for your business clients.

Introduction

To ensure continuity, a succession plan is absolutely essential for every family business. And this is regardless of whether the family runs a global empire, family farm or corner store.

Regardless of what your intention is, here are six steps to help ensure that your succession is a success:

To download and use this article, make sure you're logged in. No login details? Register above for full access.

BUS010 A budget is your guide to success (207 words)

Download (doc, 24 KB)

BUS010.doc

Description
Introduction

Description
Introduction

Description

This is an excellent reminder for small business owners of the importance of regularly monitoring budgets. You can easily adjust the timing to suit when you publish this article.

Login to your account

Folder Business Planning

Documents

Description

Description

Description

Description

Description

Description

Description

Description

Description

Description

Description

Description

Description

Description

Description

Article Categories