This post originally appeared on NSW Revenue Government website. From 1 January 2018 certain types of insurance for small businesses are not liable to duty. A small business is an entity within the meaning of section 152-10 (1AA) of the Income Tax Assessment Act 1997 of the Commonwealth for the income year in which the insurance is effected or …
Still using spreadsheets for rosters, timesheets, and payroll? The administrative load involved in efficiently rostering staff, preparing accurate timesheets, and ensuring that everyone is paid correctly can be a huge burden on a small business – especially if you are doing it all manually. If your business involves shift work or hourly work in hospitality, …
Read more “Xero Users: Streamline rostering, timesheets & payroll using these tools…”
When a prospective client asks you for a quote, it’s a powerful opportunity to make a sale. In fact, with the right response you may be able to ‘seal the deal’ almost immediately. But if you take your time to respond, provide wildly different quotes for similar work, or otherwise send bad signals about your …
In our previous blog post we answered five questions we often get asked about setting up a small business when you’re still employed. But they were by no means the only questions we get asked. So here are five more things to know if you’re thinking of starting a business and becoming a sole trader …
Read more “5 more facts about setting up a small business while employed”
Are you thinking of setting up a small business and becoming a sole trader, even though you’re still employed? You’re not alone. Quite a few of our clients have done the same thing, or are in the process of doing so. And while each business is different, they all seem to ask us the same …