Creating a plan that’s ambitious enough to inspire (always aim high!) but practical enough to implement and quantify, is a challenge every business owner faces. This is where setting SMART Goals can help you create a digital strategy that achieves results. But first, what is a SMART Goal? Goals are an important part of every […]
$1B for Small Business to Go Digital – The Details and How to Use It
The 2022-23 Federal Budget delivered much-needed tax breaks and business grants for small and mid-sized businesses. The biggest news was the allocation of up to $1 billion for digital adoption through the ‘Small Business Technology Investment Boost’ and ‘Small Business Skills and Training Boost’ measures. The new measures enable businesses to claim a $120 deduction […]
Federal Budget 2020 -2021: ‘instant tax expensing’ big win for small and medium businesses
Nearly 99% of businesses in Australia will be able to instantly write-off work assets as part of a much-needed measure to stimulate the economy. Big news for small and medium business owners! The Federal Budget announced by Treasurer Josh Frydenberg, contains several measures that will offer urgent relief to struggling small and medium businesses. The […]
Cybersecurity best practices for small and medium businesses
Cybersecurity is often overlooked by small and medium businesses as its wrongly assumed cybercriminals only target large organizations. However, it is completely incorrect and out of sync with today’s cybersecurity best practices. Luckily, executing a good cybersecurity system doesn’t have to be difficult. There are simple measures that, if implemented, can significantly reduce the impact […]
Seeing Small and Family Businesses through: post COVID-19 challenges and the road ahead
In the latest episode of ‘Futurising Your Business’, Dinesh De Silva sits down to discuss the biggest issues SMEs face and what action is being taken with Australian Minister for Employment, Skills and Small and Family Business, The Senator, Hon. Michaelia Cash. Here’s a quick look at that discussion. As global economies begin to restart, […]
9 Things to consider if you’re running a business
Running your own business is incredibly exhilarating – and scary. There are so many challenges to navigate through and no way to ensure that any of it will work. If you’re thinking of starting a business in the new year, or are already on your entrepreneurial journey, it’s important to consider several factors to ensure […]
6-Step Checklist for EOFY 2019: Tax Tips for Australian Small Businesses
The 2019 financial year is really coming to a close, and as a small business owner, you are probably feeling petrified of the upcoming “tax time blues”. You don’t have to have a horrible experience during the EOFY, in fact here are some tax tips in 6-steps to help you ease the stress of the “tax […]
How to use the Instant Asset Write-off to Win Customers and Increase Sales
In a perfect world, we would all like to have an infinite budget and resources to spend on marketing for our businesses to increase sales. But let’s be real, while most of us small businesses have plenty of great ideas to promote our brands, attaining affordable resources is yet another story. That is why the […]
The Dos and Don’ts – Instant Asset Write-off For Small Businesses
Tax breaks are something we all look forward to, and the $30,000 instant asset write-off scheme is more than welcome. However, there’s a lot of confusion on exactly how small businesses can use the write-off, and what it means to their business. So, here’s a clear, jargon-free “dos and don’ts” guide on how the new […]