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Business

Thinking About Adopting E-Invoicing? Here’s What You Need To Know

Invoicing is an important element of operating a business. It’s how the business receives payments. But if you are tired of having to chase invoices, correct errors and avoid email scams, and noticing an impact on your business’s cash flow, you may want to consider switching to electronic invoicing (or e-invoicing). E-invoicing is a digital-based …

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3 Key Factors That Could Impact Where You Run Your Business

The geographical area of your business can affect operating costs and, ultimately, how much you make. Here are three important factors to consider when establishing a location for your business. Location Is the location of your business’s physical space close to your prospective customers? Is it in an area that sees foot traffic, available to …

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Here’s What Businesses Need To Know About Their Super Guarantee Obligations

It is easy to get caught out with superannuation, particularly when you are the owner of a business. With so many things to occupy your mind, superannuation may slip from the forefront. But as a business owner, you must pay the superannuation guarantee for your staff, and you must pay it on time. A failure …

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Director ID Numbers Need To Be In Place – Are You Compliant?

As of 5 April 2022, new Directors will need to have applied for their Director Identification Number (DIN) prior to their appointment to the position. Existing directors were required to obtain a DIN prior to the end of the transitional period (30 November 2022), whereas directors of Indigenous Corporation have until 30 November 2023. Failure …

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5 Ways To Ensure That Your Business’s Service Quality Is Up To Standard

The hard part in obtaining favourable judgements for your business or service is making sure clients and others perceive all you have done for them – in other words, getting credit for what you have done. There are five principal dimensions to service quality: Reliability Reliability is the ability to provide the promised service dependably …

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