Over the past little while, there have been numerous developments in the Self-Managed Super Fund (SMSF) space. The passing of legislation in the Parliament includes increasing the limit of SMSF members from 4 to 6 and extending the bring-forward age. There are other changes, as the legislation is broad, so we have placed a link […]
Crisis Management
Ignorance is rarely bliss, and in the case of business, it can be catastrophic. When you’re running an SME, it can be comforting to think that a business crisis won’t happen to you. After all, you’re too small to make too many headlines, right?….. And you’ve got insurance for everything else, right? However, crisis management […]
Latest Victorian Government Business Support
Just to give you all an updated outline of the weekend’s press conference: In view of the extension of the lockdown, the Victorian and Commonwealth governments have continued with their support of small and medium businesses (SMEs). Business Costs Assistance Program Recipients of the Business Costs Assistance Program Round Two or July Extension will continue […]
Strategies to Improve Small Business Profitability
Profitability is one of the essential number all small business owners need to track to generate cash buffers. Increase your profitability, cash flows in. Reduce your profitability and times are tougher for your business. Here are 7 strategies to improve your business’ profitability. Monthly Sales TargetsSo many business owners run their businesses blind. They just […]