Category: Business
Buy your business premises in your SMSF
This strategy involves purchasing your business premises in your self-managed super fund (SMSF). This has the following advantages: Your superannuation is used to partly ...
Consolidate your business space for immediate cost savings!
Consolidating space involves consolidating the business over fewer floors or office locations. Consolidating staff into fewer offices reduces rent costs in three ways: The ...
How to become an employer of choice
A business that meets all of its employee expectations is called an employer of choice. An employer of choice attracts, motivates and holds on ...
What is business process reengineering and does my business need it?
Business process reengineering (BPR) is the redesign of core business processes to achieve dramatic improvements in productivity, costs, cycle times and quality. BPR aims ...
Supercharge productivity with employee surveys!
Employee surveys are used by businesses to gain feedback and measure employee engagement, workplace culture, commitment, employee morale, and performance. Conducting regular employee satisfaction ...
The financial benefits of outsourcing
The financial benefits of outsourcing include reducing labour costs, increasing efficiency and reduced capital costs. The most important business benefit is that it enables ...
Is my business green and why should I care?
Sustainable businesses or green businesses have minimal negative impact on the global or local environment, community, society, or economy while maintaining a profit. In ...
All employees should sign an employment agreement
A written employment agreement is used to outline the wages and conditions for employees and will include information such as employer and employee details, ...
Is your business doomed to fail?
Although every business is started with optimism and hope, the reality is creating a profitable, successful business is tough. Statistically, 30% of businesses fail ...
Foreign Controlled Australian Company
An Australian resident company is a foreign controlled Australian company if any of the following apply: A group of five or fewer foreign entities ...