by Cameo Ashe | Apr 22, 2021 | Business Basics, Managing Teams, Start Up / New to Business
Determining your business structure is one of the first decisions to make as a new business owner. And it’s also one of the most important. Each structure comes with its own set of benefits and liabilities. So, understanding how they will impact you day-to-day...
by Cameo Ashe | Apr 22, 2021 | Business Basics, Managing Teams, Start Up / New to Business
A Partnership business structure is made up of two or more people or entities. Most small business Partnerships are what is termed ‘General Partnership’ – this means that all of the partners are equally responsible for the management of the business, and each...
by Cameo Ashe | Apr 22, 2021 | Business Basics, Managing Teams, Start Up / New to Business
A Trust business structure is where there is an obligation imposed on a person (Trustee) to hold property or assets (such as business assets) for the benefit of others (Beneficiaries). The trustee is legally responsible for the operation of the Trust and you may have...
by Cameo Ashe | Apr 22, 2021 | Business Basics, Managing Teams, Start Up / New to Business
A company is a form of business structure. It is an entity that has a separate legal existence from its owners. This means it has the same rights as a person and can incur debt, sue and be sued. Members (or shareholders) whilst the owners of the company, are not...
by Cameo Ashe | Apr 22, 2021 | Business Basics, Managing Teams, Start Up / New to Business
Sole Trader business structures are quite easy and inexpensive to set up. As a sole trader, you are personally responsible for all of the operations (including debts) of your business. You also pay tax personally on the profits at your marginal tax rate. A sole...
by Cameo Ashe | Mar 16, 2021 | Business Basics, Managing Teams, Start Up / New to Business
When running a small business it can be easy to fall into the trap of feeling like you have to do it all, which can be overwhelming for even the most seasoned business minds. But while we may be used to wearing multiple hats, the question we must ask ourselves as...
by Cameo Ashe | Sep 28, 2020 | News
The JobKeeper wage subsidy scheme is being extended into March 2021 Before you jump for joy too much, there’s a few changes that you will need to be across. Key changes are: Introduction of two tiers of paymentsEmployees with history of working 20hours per week...
by Cameo Ashe | Sep 28, 2020 | News
JobKeeper 2.0 again requires businesses to qualify on decline in turnover Read more here You can again use Alternative Tests if you don’t satisfy the Ordinary Tests. Alternative Tests assist businesses that may have either experienced growth, just started or had...
by Cameo Ashe | Apr 16, 2020 | Tax & Accounting
The Federal Government has introduced the JobKeeper payment to enable conronaviris effected businesses to retain staff. Eligible businesses can claim $1,500 per fortnight per eligible employee for a six month period commencing 30th March 2020. The first claims can be...
by Cameo Ashe | Jul 24, 2019 | Strategy
Use your numbers to build a business strategy. This post is part of a four part series, explaining how numbers tell us a lot about a business and help us to form a strategy of what next step the business should persue. So far in working through our case-study we have...
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