The right organisation structure allows your business to grow without creating bottlenecks. Done well, it makes your business more efficient and increases profits faster than revenue growth alone. Every business has ten departments: Shareholder Director Leadership Product / Service Development Operations Marketing Sales Finance HR Admin / IT Each department should have one clear leader. […]
21
Oct
Oct
Make a plan You know what you want from your business; now it’s time to plan how to get it. Your business exists to serve you, not the other way around. A clear, simple plan links your personal goals with the actions and numbers your business must deliver. For example: if you need $100,000 per […]
17
Oct
Oct
You can’t map a path to success without knowing your starting point. Yet many business owners rush into planning without taking a clear-eyed look at where they stand today. This step requires honesty. By understanding your true position, you’ll make better decisions and avoid surprises that can derail progress. Here are five questions to help […]
17
Sep
Sep
The Reserve Bank of Australia cut interest rates in August to 3.6%, down from 4.1%. This takes the cash rate to 3.6% for the first time since April 2023. The final impact of this drop can be both positive and negative for your small business, so it’s worth understanding the effect that interest rate changes […]
18
Jun
Jun
Important legislative and regulatory updates are set to impact Australian businesses from 1 July 2025. These changes include superannuation, minimum wage, registration fees and deductions. Here’s a detailed overview to help you prepare: National Minimum Wage Increase From 1 July 2025, the National Minimum Wage will increase by 3.5%. New hourly rate: $24.95 Weekly rate: […]
15
May
May
Queensland’s pharmacy landscape is undergoing a significant shift with Pharmacy Business Ownership Act 2024 passed by Parliament, superseding the 2001 legislation. This new Act aims to modernise and clarify the rules surrounding pharmacy ownership, introducing key changes that are expected to come into effect around 1 July this year. Notably, the Act restricts ownership to […]
07
Feb
Feb
There have been some recent changes to the Queensland Building and Construction Commission (QBCC) reporting process. The QBCC has discontinued its manual email service for lodging annual reports and financial statements – this means DLA and you as the licence holder can no longer email the annual reports to the QBCC. As a […]
26
Sep
Sep
Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and setting the groundwork for good habits. Understand your deductions Before you start, it’s essential to […]
31
Aug
Aug
On the 12th day of Xmas my accountant gave to me: 12 reports, 11 actions, 10 hi-5s, 9 rums, 8 answers, 7 KPIs, 6 $ tips, 5 Core Values, 4 planning sessions, 3 coffees, 2 reminders & a Complimentary Client Review. Sing out if you didn’t get any of the above! #HappyHolidays
31
Aug
Aug
This year more than ever it’s important to get your records and tax return correct because of the unusual business circumstances and JobKeeper. Talk to us – we can help make tax time easy.