Did you know that throwing that small staff party to boost morale could trigger the entertainment rules or even fringe benefits tax while also affecting how you claim GST for those expenses? Or that providing a round of coffee to your employees could be considered a benefit? Entertainment expenses can be a messy affair for both business owners and professionals, read on to learn more.
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How do you know your killer business ideas are going to work?
As a business owner, you may have lots of ideas that you would like to incorporate into your business to make it successful. There are lots of factors to success, but one financial method used in determining investment viability is the implementation of capital budgeting techniques. Read on to learn more about some of these techniques and how they can help you determine if your ideas are likely to work!
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One of the trickiest things to get right, is the backbone of your business. For service based businesses, not having a solid backend can create all sorts of problems for your business’ longevity and result in various bottlenecks that ultimately cost you and your business time, productivity and money.