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Merry Christmas …
December 2015 Issue 111
How politically incorrect.How dare he wish us a Merry Christmas. He's not even a 'real' Christian. Not baptised and definitely not a regular Church goer. But you know what? I love Christmas. I love it. I love the fact that it is another opportunity for us to think about the relationships that we have with our families, friends and colleagues....
It is not too late
Entertainment
"Christmas and New Years Eve are times for celebration but who will be your entertainment to make your party the most memorable? A band, a comedian, magician or solo performer? Smooth Ops are one of the regions most popular bands with a repertoire of modern covers and golden oldies, guaranteed to have your guests dancing in the isles. Tuchasoul have...
It’s easy to save energy costs in your business
Business Sustainability
Saving money by reducing energy use in your business has never been easier, with free assistance available from the ACT Government's Actsmart Business Energy and Water program. Experienced Actsmart assessors can identify opportunities for savings that could otherwise be missed, including large savings with short payback times. A visit by an Actsmart staff member to your business makes the process...
Evergreen: Christmas comes early for contract renewals
Business Law
Evergreen contracts; often called automatic renewal clauses,they operate to automatically extend existing contracts for additional time,with silence or inaction deemed to be consent. Often appearing in the service industry, what once seemed a convenience can turn into a hidden liability for small businesses when they look to negotiate a new contract or terminate their existing agreement. So how do they...
Welcome to a $1,000,000,000,000 industry
Property
"I am pleased to commence contributing a column on strata management for B2B magazine. However, before jumping in, it is important that we all address the elephant in the room - the fact that far too many people in Canberra have had poor experiences with their strata managers. During my 10 years as a professional within the property industry,spanning strata...
Maximising super on the sale of your business
Accounting
A lot of business owners when asked what they think of superannuation will remark 'my business is my super fund'. However what happens when their business is sold? When a business is sold, generally there will be a substantial lump sum that the vendor may need advice on. If the intent is to retire, you are over 55 and certain...
Essential tasks at end of calendar year and the challenge of holiday mood
Bookkeeping
Here are a few tips to get all bookkeeping tasks lined up for the year-end festive season: 1. Payroll: Payroll mistakes are most common during holiday seasons as some business owners are left to process payroll manually when their bookkeepers or accountants have gone away. To avoid payroll mistakes: * Get your staff to apply for leave in advance, so...
Good governance driving performance
Corporate Governance
"Over the years I have written many columns for B2B on how good corporate governance can greatly improve an organisation's performance. So often, however, this is viewed as being for the big end of town, however, a recent article, on the AICD's Business Owner portal, was a timely reminder of how governance can assist businesses of all types and sizes....
The risks of informal property settlements
Family Law
"It may be tempting when you separate simply to sell up and divide what you have. Sometimes people enter into what we refer to as an interim (temporary) agreement to divide some of what they have (for example, the proceeds of sale of a matrimonial home) and deal with other matters (for example,superannuation) later. There are risks of both final...
Privacy law update
Intellectual Property
"The Australian Privacy Principles (APPs) became part of the Privacy Act 1988 (Cth) (Privacy Act) on 12 March 2014. The APPs generally apply to governmental agencies, individuals, and companies that are not a small business operators or registered political parties. The small business operator exception applies where annual turnover for the previous F/Y (or current for new businesses) was $3...
Social media and sport: A winning mix
Sport
Not sure whether social media is relevant to your business success? Ask Barack Obama who raised more money for his Presidential campaign than his competitors by using social media. Ask Proctor and Gamble who invigorated their 'Old Spice' brand by engaging with their customers in real time or even ask an Islamic state supporter why they constantly use Twitter. Think...
Jobseekers, it’s not okay to connect with your interviewer on LinkedIn
Recruitment
You want to stand out and make a good impression in your next job interview, but sending a LinkedIn connection or Facebook friend request to your interviewer is not the way to do it. Social media is an important networking and researching tool, but there are boundaries and jobseekers need to be aware of the appropriate way to utilise social...
Forget clicks – Attention is the new currency
Websites
"Yup, if you are still measuring your digital success with the number of clicks, you are doing it wrong. Our (human beings) average attention span is about 8 seconds, which is shorter than that of a goldfish. An average page visit lasts less than a minute. On a mobile device, it's even less. We are being continuously overloaded with information...
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