The ATO will be Visiting Cash Businesses

Cashed-based business? Time to move ahead CASH CONTINUES TO be common in some types of businesses. However, the ATO urges Australian businesses to be aware of the numerous advantages of electronic payment and record keeping systems — especially in the long run. The...

“Factoring” or “Debt Collection”: Which Will Work Better for You?

Did you know you can “sell” your debt for cash? CREDIT MANAGEMENT IS a serious issue for all businesses. Debtor non-payment is a chief reason many businesses fold — a sentiment driven home by Director, FIFO Capital Newcastle, Zsolt Bircsak....

Are Customers Legally Obligated to Pay You?

Want to get paid? Have a contract in place! THERE ARE PLENTY of risks to operating your own business, but the largest ongoing one is making certain that your customers pay you, and do so on time. This is known as debt or credit management. Each state has their own set...

Has the ATO been bankrolling your business?

There’s a lot to learn about people who pay their tax debts late The ATO announced the other day that they’re owed more than $35b in tax debts, mostly from businesses and individuals are late filing their returns or making payments. Even though big businesses...

Does The Government Even Care About Small Businesses?

Pay a Success-Based Tax If you’ve ever owned an investment property, you know about capital gains tax (CGT). It’s that nasty little tax you pay on any gain you make when you sell or dispose of capital. There are exceptions, of course. If the property is your primary...
Amway Shows Us It’s OK to Change Your Business Strategy

Amway Shows Us It’s OK to Change Your Business Strategy

Our Small Business Management Course is designed to give you everything you need to create a well thought out and researched business plan that you can use as a blueprint to achieve your goals. One of the topics is ‘Business Planning’ — you could just as...
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