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Planning for Business Growth

Growth happens differently in every business and you should prepare well before entering into a significant growth phase by considering the impacts that growth can have.  How and when you want to grow your business should form part of your overall business strategy....

Know the facts about Power of Attorney

A Power of Attorney is a legal document whereby one person (the appointee) authorises another (the attorney) to act on his or her behalf, generally in relation to financial and property decisions. It is important to be aware that the Power of Attorney cannot be used...

New National Product Safety Laws

The new National Product Safety Laws came into effect at the beginning of this year with the new Australian Consumer Law, and allows for permanent bans and standards made by the Commonwealth to have effect in all States and Territories. If you are a supplier or...

Impacts of New Consumer Laws

On 1 January 2011 the Australian Consumer Law (ACL) commenced. It aims to benefit consumers by giving them the same rights and protections wherever they are in Australia. Basically the ACL has simplified the old laws and made them easier to understand and to enforce....

Are You Liable For Fringe Benefits Tax?

The Benefit A fringe benefit is any benefit you provide to an employee, or to the associate of an employee (such as their spouse or children) in addition to their salary or wages. Some of these items could include. •   Allowing an employee to use a work car for...

Personal Cash Flow

Your money is constantly moving from one place to the next in a cycle of income, expenditures and investments. Your personal cash flow is described as being the difference between the amount of money you make compared to the amount of money you are spending. Research...