In this article, Trish Anderson from Anderson Tax Solutions shares her tips for the end of the financial year. Another financial year is rolling around – what a year this one has been! If you are a small business owner there may be a few extra things to consider this year, and you might be
Check in with your accountant this month to understand how your tax liability is tracking for this financial year. Do you need to make any adjustments, invest, spend, save? Don’t hide from doing this, as if it is good news you want to celebrate—and if it is bad news you need to be on the
Work through this quarterly review check list of suggested topics; Personal check in – R U going OK? Take care and make time for yourself. 12-month plan check in – review your plans for the year ahead – are they still relevant? What needs tweaking? Budget vs actual reporting – keeping track of your numbers
This month, take a moment to stop and consider your business (and personal) risks. Here is how we manage risk at Sorted. The number one risk to Sorted. is reputational damage or litigation, due to clients receiving unsatisfactory or incorrect advice. This would be true for most professional service providers, but reputational damage is also
In the new year say hello to your customers/leads. Make sure customers are aware of your plans for this year to deliver them value. If you use mailing lists, make the time to check bounces—sometimes people move on. If they are important, see if you can get their new contact details. This is a great
The summer break is a great time to relax, recharge and if possible, make the time to reflect on the last calendar year – WHAT A YEAR!!! How did it go both personally and professionally? What, that was within your control, worked? What did you learn? (An optimistic way of saying what didn’t work!) What
As the COVID-19 pandemic ensues and employers have been compelled to experience “working from home” arrangements, we thought it might be timely and relevant for employers to understand what is required in relation to flexible working conditions, when things return to “business as usual”. The usual requests for flexible work arrangements include the hours worked,
A leading cause of company failure in Australia that has been swapping between first and second place over the last seven years is ‘poor strategic management of business’. I find this very interesting. In fact, the top five nominated causes are all within the business owners’ control, with only the sixth being ‘poor economic conditions’.
1. What, Who and Why Be clear about what you do, who you are and why you do it. Especially work out your ‘why’; it is what your preferred target audience will most respond to, and it is why they will come to you over your competitors. Have a short spiel that encapsulates your business
In this article Kim Packer from J and K Law shares her Top 3 Must Haves for small business owners in Australia to keep you and your business on the right side of the law. Getting your business structure right and having it properly documented There are a number of legal entities that you can
