Enriching Your Business
Managing Director of Coles Supermarkets, Ian McCleod has a simple strategy to build up the business. Firstly, he himself acts as a quality controller by simply walking through Coles’ supermarket floors to check on its fresh produce, up to the
There has been a decline in litigation in the business community as more and more are choosing alternative forms to resolve disputes, to which in some cases, are in fact mandatory. All disputes relating to family law, for example, have
In a business context, ‘groups’ and ‘teams’ do not give the same meaning. It is often difficult to distinguish one from the other, hence management should define and clarify the difference. A ‘work group’ interacts primarily to share information and
With an increasing level of business involving the Asian region, it is important for Australian companies to be aware of some business-related cultural differences, in particular, the significance of gift giving. Gift giving or ‘gifting’ may not be a norm
As a business owner or manager, you must always be aware of the risk of potential bankruptcy or insolvency of your customers, which would greatly affect your business and cashflow. How do you mitigate the risk of taking up customers
With 30 June 2013 just behind us, here are some strategies that you may find useful in preparation for 30 June 2014. For most small business owners, the end of the financial year calls for a review of their operations
The Government has decided to defer the introduction of the $2,000 cap on work related education expense deductions until 1 July 2015. Since the announcement of this cap a few months ago, there had been widespread protests from the education
As of 1 July 2013, the super guarantee rate had increased from 9% to 9.25% and that the upper age limit has been removed.
After the release of the draft of the Insolvency Law Reform Bill 2013 by the government late last year, the first changes are due to be effective from September 2013. These amendments will affect the Corporations, Australian Securities and Investments
The Federal Government will be removing the statutory formula method used to calculate fringe benefits tax, which will change the rules that apply to motor vehicle Fringe Benefits Tax (FBT). This was announced in July this year, and will be