How to get the most out of business meetings

How to get the most out of business meetings

Conducting meetings is a regular way of communicating what needs to be done around the office, but if nothing gets accomplished it can be discouraging. Business meetings that don’t produce results can cost companies’ time and money. When organised properly, however, business meetings can be effective and efficient. There are solutions available to counteract problems…

Reducing errors when claiming business expenses

Reducing errors when claiming business expenses

The ATO has identified particular areas relating to business expenses that are commonly entered incorrectly in tax returns. Owners should take the time to carefully review tax returns to ensure all information is correct. Individuals who use a motor vehicle entirely for their business can claim a deduction for the whole amount. However, if they…

Using big data to grow your small business

Using big data to grow your small business

When used effectively, big data analytics can be used as a way to develop growth in your business. Large companies are not the only ones who can benefit from using big data, as small businesses can also use it to their advantage. What is big data?It refers to the collection of large volumes of data…

In’s and out’s of the super downsizer scheme

In’s and out’s of the super downsizer scheme

Under the super downsizer scheme, eligible individuals that are 65 years and older may be able to make a contribution into their superannuation of up to $300,000 from the proceeds of selling their family home. This scheme came into effect on 1 July 2018 as one of several measures announced in the May 2017 Federal…

Risk management strategies for investors

Risk management strategies for investors

When it comes to investing your money, there is the possibility that it may not perform as well as expected with you losing some or all of the original investment. While no investment is free of risk, some carry more risk than others. The higher the expected return, there is generally a greater chance of…