Jan 30, 2015 | By : admin

The Australian Competition and Consumer Commission is warning small businesses not to fall for an email invoice scam that swindled one small business owner out of $500,000. The consumer watchdog has received around 20 complaints about emailed invoices from scammers posing as legitimate suppliers to a small business. The acting chair of the ACCC, Michael Schaperb says around seven small businesses have so far been duped by the scam, handing over between $10,000 and $500,000 to the scammers. He is

Jan 12, 2015 | By : admin

Thank you. How often do you tell your employees or co-workers these two words – thank you? When was the last time you actually said these words? Make an effort to create a habit of being thankful and saying thank you. Put in your schedule a few minutes a week to send off an email to an employee or staff member to thank them for their work or contribution and make sure you cc it to other supervisors. Remember it’s more powerful if you let their superiors know that they have done a grea

Jan 6, 2015 | By : admin

Check out these ATO’s online offerings for small business owners. ATO assisting small business to get more done What is on offer for startup who want to start off on the right foot How to classify employees versus contractors the implications of getting it right. Review the deductions and record keeping requirement for home based business Having someone who’s both qualified and experienced to manage your bookkeeping is not only smart, it’s crucial to the success of your business.