Business Development

Business Development

OH&S - How can a manager comply with their duties?

Understanding the company, its operations, and the hazards associated with those operations:

Directors must understand all of the areas of operations of their company as well as a knowledge of and understanding of the hazards caused by their business' operations.

Directors need to rely on senior management to provide them with the information they need to comply with their duties.

Do you know what your health and safety duties as a director are?

Under the new WHS Act, directors of companies have increased duties they are expected to comply with.

These new duties place a higher level of responsibility on directors to be involved in the health and safety systems that are implemented within their company.

Taking Care of Business

How to Win Clients 

In his latest book, What Do Accounting Clients Really Want?, author James Evangelidis identifies some key criteria in winning new clients that is applicable across the spectrum of financial services.

1. Be energetic: Show your client passion and enthusiasm. People like to engage with people who exude energy and show a bit of spark.

10 great entrepreneurial solutions

 

It’s been a big year for Australian business. But all entrepreneurs know that with every experience comes a good lesson.

Each week, the “How I” articles bring a little insight about an entrepreneur who has achieved or experienced something particularly noteworthy. There’s too many to list, but here are some of the best pieces of advice given by these business leaders in 2011:

Use IQ tests to find the best staff

How to Insure your Business?

How to insure your business

There are many different types of business insurance that are designed to cover your needs, which can be grouped into four main areas:

· Employers liability or Workers' Compensation insurance 

· Property or assets insurance 

· Public/product/professional liability insurance 

· Car insurance 

Free Tax Seminars

Free Tax Seminars in Coffs Harbour and Port Macquarie

Australian Taxation Office 

Who should attend?

Small business operators, and those just starting or thinking about starting a new business, should consider attending this free tax seminar.

Some buying business tips for 2011-2012

When buying a business you are obtaining the opportunity to make money.

Consequently you need to have the appropriate accurate financial information to analyse the business.

CGT concessions for small business tips

The ATO have published three new practical tips to help you correctly apply the capital gains tax concessions (CGT) for small business.

These practical tips cover:

Value of goods taken from stock for private use for 2010-11

On 18 May 2011, the ATO issued Taxation Determination TD 2011/11 entitled "Income tax: value of goods taken from stock for private use for the 2010-11 income year". It was not previously issued as a draft.

I am buying/operating a business. What business structure should I choose?

There are a variety of structures which include Sole Trader, Partnership, Trust, Company and Superannuation that are available to choose when you are in business.

It will depend on your individual circumstances which structure will be right for you and your future needs. It is always best to seek the right advice when making these decisions as setting the right structure up from the very beginning can save you a lot of time and money.

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