by Affinity | Jun 29, 2015 | Business eNews
Interest: Don’t overlook what you can deduct You can deduct any interest on money your business borrows, including interest paid on business loans, overdrafts and other finance facilities. This might sound obvious, but there are other interest expenses you can...
by Affinity | Jun 26, 2015 | Business eNews
With the end of the financial year now upon us, business owners should be focusing on end of financial year tax and accounting procedures which include: Ensure that BAS lodgements and super guarantee (SG) contributions are accurate and up-to-date. Where your business...
by Affinity | May 27, 2015 | Business eNews
The way that employers pay and report superannuation contributions has changed this year with the introduction of SuperStream. Businesses that haven’t yet considered what the SuperStream changes will mean for their business will need to take steps now to ensure they...
by Affinity | May 27, 2015 | Business eNews
A business plan takes a lot of time to produce. It should be a “living” document, regularly reviewed and adjusted, reported on at each monthly Board of Directors meeting or management meeting, to ensure the appropriate clauses relating to implementation have in fact...
by Affinity | Apr 29, 2015 | Business eNews
Management of Costs The management of costs is an ongoing problem for small business operators. The process commences with purchasing key products, required for your business, at the right price, receiving the goods you paid for and then carefully checking the quality...
by Affinity | Apr 29, 2015 | Business eNews
It’s a good idea to periodically review key aspects of the individual components of your business. Customers Who are your customers? How well do you know their preferences? Do you know your “A-grade” customers? Are you solving your customers’ problems with your...
