Lodgement or filing in the BAS or Business Activity Statement is a legal obligation for all businesses operating in the country. It is the country’s tax reporting and collecting tool and the Australian Taxation Office (ATO) have set specific rules and regulations on BAS and GST lodging. Non-compliance, inaccuracy and late lodgement can lead to penalties, fines and other sanctions
A bonded team is more in sync, more productive and happier working together. People who are friends are more motivated in achieving their common goals. Forward-thinking companies value relationships and camaraderie within the company. Management actively promotes and encourages goodwill and friendships among its employees. Here are some tips to effectively foster closer relationships within the company;
Entrepreneurship is a complicated thing. Business professionals in Brisbane – accountants, lawyers and financial advisers have seen a lot promising startups fail, and many that been wildly successful. Owning and running your own business has its perks – freedom to do the things that you love doing, freedom from employment constraints, being the boss and the possibility of growing a highly profitable venture that will set you up for life.
Business engagement is the invisible line that keeps entrepreneurs and business people connected to the business. And today’s seamless and open communication lines and social media messaging applications open and enhance that connection. It is no longer possible to be ‘unreachable’. This is both a blessing and a curse. While you can enjoy remote access and connection, constant engagement will also derail your work life balance.
Change is the only thing constant. One major unforeseen event or a series of small imperceptible events can lead to a massive change that can significantly affect your business. A devastating fire, a legal edict against your business or the emergence of a giant competitor can all ruin your business. Smaller and sometimes unrelated factors like a new social media platform, the micro-housing trend or the country’s next election can have the same upsetting effect to your well-planned and well-controlled enterprises.
Customer care is an essential aspect of any business. The most successful enterprises also happen to have the most sophisticated and extensive customer care services. Customer care is the company’s after-sales engagement with the clients. And just like your sales department, a well-organised and effective customer care department can make a big difference for your organisation.
Too much stress has a debilitating impact on one’s health, focus, and productivity. Stress management is the series of practices and techniques geared towards minimising or eliminating stress. However, there are certain types of professions or undertakings that naturally come with stress, running a business is one of them. Acknowledging stress as part and parcel of the business is one step closer to managing it.
Business meetings have a way of going forever. It is easy for business partners and associates to turn business meetings into a social one. As the initiator of the meeting, it is your responsibility to make sure it is productive and time efficient. Business people are generally busy, and keeping your meetings short and sweet is a managerial feat that will be appreciated by your business partners and associates.
We all know that starting a business is no walk in the park. But, how hard can it be to start a business, do things you’ve always loved doing, and earn money at that? The business leaders, CEOs, and successful entrepreneurs we see are all happy, confident, rich, and spend their days giving interviews, talking, and smiling. And they have a team of people to do the work for them. Is this the reality? It is, but there’s another side to it.