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What’s It Mean?

Business Angels: Angel investor means “An angel investor or angel (also known as a business angel or informal investor) is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity”.  A small but...

‘Genuine Redundancy’

In the previous era under the Workchoices legislation, if an employer could point to ‘genuine operational reasons’ for dismissing  an employee (which  covered  most redundancy  scenarios),  they were not  at risk of an unfair dismissal claim.   To avoid the cost...

Insurance Products for Small Businesses

There is an insurance product to cover each of the many things that can go wrong in a business, but knowing what can go wrong and what insurance products are available is complex. What risks are there? what insurance do you need? how much should you buy? and who...

Government Grants For SMEs

Commercialisation Australia has grant funds available to assist companies with turnovers under $10 million, who have developed a new product or service, who wish to bring it to market and require assistance to do so.   Commercialisation Australia has funding...

Fringe Benefit Tax

The fringe benefits tax year ended on 31st March 2012. On that date you should have recorded the odometer reading for all motor vehicles and assembled your information relevant to the preparation of your fringe benefit tax return.   If you wish to have...