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As you dive into the world of entrepreneurship in Australia, you’ll soon discover that running a successful business is about more than just selling a fantastic product or offering an unmatched service. Imagine this: it’s the end of the month, your team has been working hard, and now it’s time to pay them. You might […]
What Is a Payroll Officer? Read More »
Superannuation is an effective and reliable way for hard-working Australians to save for retirement. In general, employers must pay into a superannuation fund for their employees. As per Australian law, the superannuation rate is the minimum amount an employer must contribute to their employees’ superannuation funds.
What Is the Superannuation Rate? Read More »
If you’re a worker in Australia, you most likely have a superannuation fund. This fund is your retirement savings plan. Your superannuation fund assigns you a unique member number so you can check your account balance, make contributions, and access other fund features.
What Is My Superannuation Member Number? 5 Tips To Find Your Number Now Read More »
Like most Australians, you probably assume you will not be able to access your superannuation until retirement. Depending on what stage of life you’re at, retirement can be a long way off. But life, as we know, is unpredictable.
When Can I Access My Superannuation? Read More »
Do you dream of the day you can escape the daily work grind? Do you already have a picture in your mind of the retirement lifestyle you would like to have? If so, you’re likely to ask yourself, “how much superannuation do I need to retire?” With the rising cost of living, life expectancy, and
How Much Superannuation Do I Need? Read More »
Keeping track of your finances is essential for any business, large and small. This is particularly vital for small companies, where individual sales and expenses can make far more of an impact on their profits and losses than they would in huge enterprise businesses. One of the forms of reporting and documentation that should be
How to Create a P&L Statement Read More »
Having gone through a tumultuous period, you would have realised by now the importance of staying on top of your finances. Ostensibly businesses that have prevailed to date possessed the financial resources to see them through the latter half of the current financial year.
How to stay on top of your business’ finances Read More »
Small business owners are extremely busy. This is especially true of sole traders, who are often expected to handle multiple responsibilities simultaneously. As a consequence, bookkeeping tends to fall by the wayside. Fortunately, online bookkeeping makes this essential task much easier. Here are the five key benefits of online bookkeeping for small businesses.
5 benefits of online bookkeeping Read More »
Never underestimate the discipline needed to make a budget work for your business. In the course of a financial year, you may be tempted to spend off-budget but these temptations can be avoided. In this post, you’ll find five top tips to help you stay on top of your budget.
How to stay on top of your budget Read More »
A small business is equally vulnerable to the tides of economic change. While change isn’t bad in itself, it can throw you off balance. Whether you survive or thrive depends on how prepared you are.
How to implement an effective contingency plan Read More »
