Menu Newsletter
(02) 9299 1555facebooklinkedintwitter
SECURE CLIENT LOGIN

Please enter your details below to login to our secure client area.
If you would like to register for access, click here.

Find out more about Secure Areas

You are here: Home > Client Tools > Blog

Whoever said, "You can never have too much insurance" obviously never had to pay the premiums. Still, there's no denying the fact you need it to protect your business and its assets.

So you probably have building and contents, public liability and public indemnity insurance. But what else should you get cover for? What else can you get cover for?

The answer to the first question really depends on the type of business you own. As for what you can get cover for, you may be surprised.

Read more…

If you're still paying your employees' super with bank transfers (or worse still, cheques), then you need to change the way you do things-and fast.

From 31 October 2015, if you made super contributions for 20 or more employees you had to start making those payments online.

That means you can no longer pay by cheque (yes, some super funds insisted on being paid that way). And chances are a bank transfer won't cut it either because you'll also need to include other details such as the employee's name, Tax File Number and Super Fund member number.

Read more…

While everyone wants their businesses to be successful and operate for a long time, you may not necessarily want to remain at the helm.

At some point, you may want to pass the business on to your children, or to someone else in the company. You may want to sell your share to your business partner. Or you may want to sell the business to another person or company, and retire on the proceeds.

Ideally, you will choose the timing and method of your exit from the business. However, the way life unfolds sometimes, business owners do not always have a choice in what happens, or when.

Read more…

So you've got a great idea for your business, but you don't have the funds right now to get it off the ground.

You could try applying for a government grant, but it's often a long and arduous bureaucratic process of form filling and there are of course no guarantees you'll get the money. Some governments also offer tax incentives for research and development, but usually you need to spend the money before you can get it back.

And there are private investors-'business angels'-too, if you have the contacts and know how to structure and negotiate a good deal that you won't regret in the years to come.

Read more…

Thomas Edison once said that "Genius is one percent inspiration and 99 percent perspiration".

Unfortunately, going from that inspirational idea to the finished product takes a lot more than hard work. Just like Edison, you also need to invest in a lot of research and development.

And R&D doesn't come cheap.

Read more…

Success in business requires a number of essential ingredients. A sound strategy. A robust business model. Effective planning. Strong financial control and bookkeeping. A good team. Great systems. Measurement. Focus.

But you know what? Even all those elements are not enough without this skill: Execution.

Read more…

The principles behind winning in business and winning in sport are similar in many ways.

Take tennis, for example. If you've ever watched a match on television, you'll know that along with all the hitting, running and grunting there are a lot of numbers involved.

And we're not just talking about the score here. Each player's performance can be measured in other ways-percentage of first serves in, points won at the net, number of unforced errors on forehand versus backhand, and so on.

Read more…

In a lot of situations, hiring a contractor to get a particular job done makes perfect sense. It may require expertise or skills none of your employees has. You may only need someone for a short timeframe to clear a backlog of work. Or maybe you just want to avoid having to go through a formal recruitment process.

But be careful. Even though you hired them as a contractor, the Australian Taxation Office (ATO) may actually see them as an employee. And the penalties for disguising an employee as an independent contractor (known as "sham contracting") can be up to $51,000 per instance. 

Read more…

"You need to work on your business, not just in your business."

Made popular by The E-Myth Revisited author Michael Gerber, it's advice I'm sure you've heard dozens of times over the years (I certainly have). But despite being told over and over again, many small business owners still don't seem to truly understand what it means.

Let's look at a common scenario.

Read more…

Think back to the days before you started your business, when you were working for a boss. Chances are you were rewarded for your hard work with a regular salary. It may not have always been the same amount, but it came through like clockwork. And for the next week, month or however often you got paid, you'd do your best to make it last.

But now you are the boss, and so you don't need to be restricted to a set salary, do you? You can simply draw money out of the business whenever you need it, right?

Wrong.

Read more…

Whatever your requirements, we can help you find the solution...

Agri Business

Agri Business

Investors

Investors

Professionals

Professionals

Small Business

Small Business

SMSF

SMSF

Tradespeople

Tradespeople

Members of...

CA RAS
Xero SML
IPA

Contact Us

Physical Address
Level 26, 44 Market Street
Sydney,  NSW 2000
Australia
Find us on the map
Postal Address
Po Box Q284, Queen Victoria Building
NSW 1230, Australia
Ph. 02 9299 1555
Fax. 02 9299 1055 
Email. mail@stubbsco.com.au