Most businesses take the approach of using social media platforms like Facebook and Twitter solely for marketing or sales purposes only. However, these communication channels can be just as valuable when it comes to customer service and recruiting future employees. Using the below ten ideas can help leverage the opportunities social media offers to find…
If you’re the kind of business owner whose average working day consists of feeling anxious, exhausted, helpless or stressed, then you may be teetering on the very brink of burnout. Burnouts are a state of physical, emotional and mental exhaustion caused by excessive and prolonged stress. They usually occur when owners feel overwhelmed or unable…
Superannuation can often form a significant part of an individual’s wealth. Therefore, the transfer of such an asset upon their death can potentially cause dispute among the deceased’s family and potentially others. Unlike assets owned in an individual’s personal name, superannuation does not form a part of their estate when they pass away. Instead, it…
A CGT event occurs when an individual or company makes a capital gain or capital loss by selling or disposing of an asset they own. Determining the timing of a CGT event is quite important, as it determines which income year an individual will report the capital gain or capital loss, and may affect how…
Over the last few years, there has been a significant increase in the number of home-based businesses starting up in Australia. While working from home can help improve a person’s work and life balance, when it comes to claiming home expenses for these business owners, there are a multitude of factors that need to be…
