From July 2014 there will be a new range of penalties that will apply to SMSF trustees in breach of superannuation rules. Currently, the only significant financial penalty that has applied to non-compliant SMSF trustees is the penalty tax that allows the ATO to confiscate half of your assets. However, from July11 2014 the ATO…
There are several issues that you should always be addressed before signing a commercial lease. If there is a right or obligation that is not detailed in the lease then it may lead to conflict between your business and your landlord. Some checkpoints include: -How much signage you’re allowed to put up and where -Use…
One of the most common reasons for job dissatisfaction is staff feeling that their current role does not offer any options for career progression. This can lead to poor motivation that in turn can bring about underperformance. For larger organisations, it is easy to offer people promotions and options for career development, whereas smaller businesses…
As businesses grow, they tend to add more products and services to their range. Research demonstrates that this can lead to reduced sales as customers often become overwhelmed. Creating products with only minor points of difference can also be annoying for customers, as they have to spend time trying to work out which is the…
