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Cashflow options for your business

FinCare's Senior Business Finance Manager discusses with you options to preserve and protect cashflow for your business. Why your business needs to consider options NOW? What would happen to your business if a key customer didn’t pay? Can…
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If you’re in business, you need to know about the PPSR

There is a simple step that many businesses can take to better manage the risk that can attach to certain assets Not so many years ago, a new scheme was introduced, which also established a national register, that could affect anyone who…
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Eight tips to help start your new financial year with a bang

The new financial year is here and now is a great time to review, refine, plan and take some action to set yourself up financially. To help kickstart your finances, try these simple steps. Take stock Let’s be honest. What went right…
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Rental (passive) income and ‘carrying on a business’ for JobKeeper eligibility

When assessing eligibility for JobKeeper assistance, the first question that must be answered is whether the entity was carrying on a business as at 1 March 2020. This question is of particular relevance to entities that have solely or predominantly…
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Alternatives to a tax invoice for certain GST credit claims

Tax invoices are an essential element of Australia’s taxation system, and serve both to collect taxation revenue related to the goods and services on which GST is levied as well as record the credits that are claimable by eligible businesses. A business…
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Six ways to work remotely and stay productive

As our organisations come to terms with the COVID-19 situation, there are an increasing number of us who will be working remotely at least some of the time over the next weeks or months.  Many in the accounting profession will have worked…

Start-up businesses: Which is the right structure for you?

Start up businesses need to make one important decision from the outset – what type of business set-up will suit your enterprise best? And which structure will be best for the future? You've got a choice of four basic business structures…

10 important tips for business owners

As a business owner, there is always something to do, however many owners often spend more time working in the business than they do on the business. Here are ten simple management tips to help you maintain a successful business in good…

Good records save small businesses

According to the Australian Taxation Office (ATO) many small businesses fail due to poor record-keeping. Aside from the legal reasons, there are many financial reasons for making sure your books are in order. Every small business owner knows…