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Category Archives: Advice

Are you getting more work than you can handle?

May 21, 2019
Work Smarter Not Harder

Getting lots of work can bring great relief if you’re managing a small business. However, one of the tricky things about business operation is the ‘flood or famine’ aspect – sometimes having heaps of work can quickly become too much to handle. That can bring its own set of challenges. Here are some ideas for coping with those challenges. Do you have the right equipment? Having the right equipment to do the job is closely linked with employee satisfaction. This is true for staff...

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Reduce your business’s tax bill in 2019

May 14, 2019
Reduce your business’s tax bill in 2019

The instant asset write-off scheme allows you to claim tax deductions on multiple pieces of equipment worth up to $30 000 each. This makes it an effective way to make major upgrades to your business while taking advantage of the instant asset write-off. What is the instant asset write-off and what has changed for 2019? Introduced in 2016, the instant asset write-off was initially set at $20 000 for small businesses only and was due to end...

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Tips for your next car loan

April 17, 2019
Tips for your next car loan

Securing finance for your new car through the dealership is easy. Produce your driver's license and a few other documents and, before you know it, you're behind the wheel of your new car.

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The dos and don’ts of buying used equipment

March 22, 2019
The dos and don’ts of buying used equipment

If you’re on the hunt for a piece of equipment, it’s likely you’re keeping an eye on the used market for the right one.This can be a wise way to purchase at a good price, as long as you know what to look for and what to avoid.

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How the PPSR protects your property

March 8, 2019
How the PPSR protects your property

The Personal Property Securities Register (PPSR) is “a national online register that can provide information to help protect consumers when they are buying personal property such as cars, boats or artworks”. The PPSR also protects businesses when buying, selling, leasing or hiring out goods, or selling valuable goods on consignment.

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Weighing up the risks

March 1, 2019
Weighing up the risks

It’s all about risk. The RBA is wary of risk – and has kept interest rates unchanged – while entrepreneurs embrace it. Who’s right and who’s wrong?

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Cash flow tips for tradies

February 22, 2019
Cash flow tips for tradies

As we move into the back end of the financial year, tradies and suppliers should be looking to balance their books. But since cash flow is the lifeblood of business, you need to make sure you're managing your money.

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The Royal Commission’s final report and what it means for your business

January 26, 2019
The Royal Commission’s final report and what it means for your business

Announced in November 2017, the Royal Commission was charged with considering “the conduct of banks, insurers, financial services providers and superannuation funds” along with “how well equipped regulators are to identify and address misconduct.” In the insurance industry, the Hayne Royal Commission has landed with full force, with the media highlighting tales of consumer suffering and the follies of financial executives. With the final report due by February 2019, what are the practical outcomes likely to be? The findings The inquiry has...

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Maintain cash flow while boosting profits? Go on…

January 12, 2019

Whether you’re a sole trader, a small-to-medium enterprise or an international corporation, all businesses need some form of equipment to function – even a humble fisherman from centuries past needed a hook, line and sinker!But it’s rare in this day and age that the equipment you require to be successful is cheap. In fact, buying and maintaining equipment can be one of the larger expenses in any industry.Which is why equipment financing has become so popular.

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