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Update your Accounting System

Cash flow management is one of the most important aspects in running a business. The right accounting system assists in cash flow management, however, many small business owners still use an Excel spreadsheet to monitor financial performance and don’t utilise the...

Non-commercial Losses Explained

If you conduct a business activity as an individual or as a partner in a partnership that resulted is a loss you may be able to offset those losses against your income from other sources, for example wages. The losses cannot be offset against other assessable income...

How to Mobile Optimise your Website

In the past few years it is evident that mobile internet usage has vastly exceeded desktop internet browsing, although surprising that 60% of Australia’s leading businesses don’t have a mobile-friendly website. The desktop version of your website should be readable...

Do you Need an Agreement or a Deed?

In deciding whether to select an agreement or a deed it is important to understand what each of the documents are. An agreement is also known as a contract. An agreement can either be made orally or in writing. In order to have a legally enforceable contract in law,...

Work Health & Safety Management Plan

What is a WHS Management Plan? A Work Health & Safety (WHS) Management Plan is a written plan that describes the arrangements for managing various site safety management matters. The WHS Management Plan is prepared by the principal contractor prior to commencing...