Setting up an SMSF fund is the simplest step. Establishing a fund which delivers you consistent returns from your investments is much more difficult. Investing successfully involves determining precise goals and picking investments which will effectively achieve those goals. The advantage of SMSFs is that you can build a portfolio which reflects your short-term and…
Although other social media platforms can be more casual, having a strong LinkedIn presence can be helpful to form partnerships and onboard skilled team members. The steps to building an engaging and professional LinkedIn page for your business is straightforward but will require you to put time aside for it. Profile image and banner: Your…
Taking your business online opens up many new opportunities but it also opens up new threats. Taking these steps will help protect your business from cybersecurity threats. Backup your data: Backing up your data is inexpensive and easy to do. This will help you recover any data if you experience a cyber incident. Conduct backups…
2020 brought about many challenges and changes but also taught businesses many skills which should be continued into 2021. In 2021, businesses can achieve growth and success by applying what they learned last year. Embrace change: Adapting to change as a business is what allows growth and success during difficult times. This became clear during…
Australia’s economy suffered deeply during the pandemic, as did the rest of the world’s. However, declining trade relations between China and Australia caused potentially irreparable damage to the economy. China is Australia’s biggest trade partner, making up almost 40% of all goods exports and almost 18% of all services exports from 2019 to 2020. However,…
There will come a time, where no matter how much you despise it, you will need to speak in front of an audience. Being afraid of public speaking is fairly common and there are resources and programs which may help you overcome this. The following are tips which will help you through your public speaking…
It can be tempting to treat yourself on payday, but in the long run, planning your spending will be more rewarding. Creating a payday routine will help you pay your bills on time and save more money to put aside. The very first step needs to be completed the night before payday. Transfer any funds…
Effective shipping is essential in a world where online shopping is so popular. Businesses can suffer if their orders are not being shipped on time or if they are not regularly updating their customers. The following are some ways you can improve shipping. Improve your communication with your shipping facility: Communicating with your warehouse and…
When your job ends, whether there has been a termination of employment or redundancy you will receive a payment for unused leave. This payment will be taxed differently from your normal income. The taxation will vary depending on the reason why you left the job and any unused entitlements that have been accrued over your…