Businesses

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22
May

Is your physical store a victim of ‘showrooming’?

Written by Adam Turner

How can retailers stop online shoppers treating their physical stores as try-before-you-buy showrooms? People have been buying books and music online for years, but most shoppers still don't like to buy everything sight-unseen. They still want to try on a jacket, road-test a pair of shoes or heft a new notebook for weight before they hand over their money. So they head over to the local shopping centre to try before they buy.

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20
May

Tax deadlines for your business this EOFY

Written by Pam Pitt

Here we go again... another financial year coming to an end soon. As you prepare to trudge through the minefield of payroll and financial year end obligations, here’s a list of the important end of financial year (EOFY) deadlines for your business.

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20
May

Are you a guess-a-holic in business?

Written by Michael McCash

After writing the ‘3 Biggest Blind Spots In Stock Management’, I received a number of questions from readers. As I read through each one of them, one common issue became apparent. A crazy amount of businesses were guessing, second guessing and possibly triple guessing their most important business decisions.

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16
May

5 simple steps to prepare your business for EOFY

Written by Joe Kaleb

Whether you are a start-up or an established small business, keeping proper records is very important not only for calculating your income tax and BAS payments, but also for determining the financial health of your business. I’ve outlined 5 basic steps you need to do to start preparing for your business’ end of financial year (EOFY).

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16
May

3 tips to make your accountant love you more

Written by Tracey Sharah

Tax time — yes, I can hear you shuddering now, but for many businesses it’s time to prepare for the completion of their tax return. My best advice is to get your tax return done early in the year, so you can move onto the next financial year knowing any tax liabilities or refunds that are due. It’s important because you need to know how to meet your tax obligations and claim your business entitlements correctly so that you do not pay more tax than you need to.

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15
May

MYOB and BankLink unite to define a new era in cloud accounting

Written by Adam Ferguson

It has been an exciting couple of days due to a major milestone that will transform the future of accounting software in Australia and New Zealand. MYOB has signed an agreement to purchase the Australian and New Zealand operations of BankLink.

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