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Common Small Business Risks

If you currently own or are thinking of starting a small business, you should be aware of the most common risks that small business are faced with. This enables you to be better prepared, and deal with these risks appropriately. Here are some common risks and how to...

Think twice before you spam!

One click or press of a button and your product, service, land or investment or business opportunity can appear in the hands of as many people as you can find contact details for. It is a tempting thought, but you should be aware of the laws which govern what you can...

ATO’s Project DO IT: Disclose Offshore Income Today

In recent years, the ATO has become more sophisticated in sharing information with overseas jurisdictions. Operating until 19 December 2014, the ATO is encouraging people to voluntarily disclose any income and assets hidden offshore in return for significantly lighter...

Budgeting Tips for Small Businesses

Time and time again, small business owners struggle because they don’t have an up-to-date budget for their business or simply do not have the time to prepare one. The importance of a budget cannot be stressed enough as it is a vital tool that will help you with your...

How Recent Changes to Privacy Laws Affect You

Privacy Law Changes Whilst organisations and government departments are the ones who have to ensure that they are complying with privacy laws, recent changes to privacy laws, which came into effect on 12 March this year, directly affect you. The Privacy Act 1988 (Cth)...

Cloud and Online Accounting Explained

Cloud Accounting is now evolving like never before, with companies adapting to this new technology. Also known as ‘online accounting’, cloud accounting is an accounting software that is hosted on remote servers off site from your location. Your information is sent to...