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Networking Tips for Small Business Owners

Networking is one of most effective and least expensive ways of creating and maintaining relationships that could result in new business leads, loyal customers and potential business partnerships. For small business owners, networking should be one of your top...

Choosing a name for your startup business

Choosing a business name can be both an exciting and daunting experience at the same time – certainly one that you don’t want to get wrong. Before jumping into a name consider the following: The domain name is available When you’re brainstorming ideas for a business...

Why Your Business Needs a Google+ Page

Google is the world’s largest search engine, it’s important that you are giving your business the best chance to be noticed by Google, and in turn increasing your businesses reach online. Google designed Google pages for business owners seeking to maximise Google’s...

Ways to Integrate Online and Offline Marketing

Many companies have great online marketing, and great offline marketing, but the trick is integrating them together. You could have a great website and a well thought out and planned print campaign, but both of these are inhibited if they are not combined together....

Misconceptions of Estate Planning

Estate Planning allows you to retain control of your assets and enables you to determine who will make decisions on your behalf should you not have the capacity in the future. Essentially, it involves preparing for the disposal of your estate in the event of death....

New Penalty Regime for SMSFs from 1 July 2014

A new Penalty Regime for SMSFs will apply for contraventions that occur on or after 1 July 2014. The new measures will provide the ATO, as the Regulator of SMSFs, with greater flexibility when dealing with a fund’s non-compliance with the law. Where an administrative...

The Simplified Pooling Arrangements

From the 2013 income year the small business entities (SBE) capital allowance rules were amended to make the SBE pooling arrangement simpler. A SBE is a business (including the individual, partnership, company or trust) that carries on the business activity with...

Division 7A and Divorce

The ATO recently released draft taxation ruling TR 2013/D6 which deals with certain income tax consequences that may arise where, as a result of the Family Court ordering that interests in property be altered upon the breakdown of a marriage, money or other property...