About B2B Editor

Not sure who to trust for business advice? If you only use an accountant for taxes then you are overlooking an important resource. An external accountant can provide vital knowledge about your industry and its key players. Just a quick catch-up will give you an idea of how your business is doing relative to competitors. By benchmarking in areas like...

Thinking about buying or building a property? Building insurance is likely just one thing on your long 'To Do' list - but as it's so important, should you make it number one? Understanding the hidden costs Whether the property you're about to purchase is a home or an investment, if it's severely damaged or destroyed down the track, the costs...

I attended a conference the day before and listened to a series of speeches on digital disruption. For those unacquainted with digital disruption, the term basically refers to the change brought about by new digital technologies and business models that are affecting the current value proposition of existing goods and services. This phenomenon is expected to eliminate up to 60%...

This latest ruckus between the Abbott Government and the ABC, in relation to a young man on QandA that had a criminal record (threatening to kill government officials), making statements and asking questions about the Abbott Government's proposals to strip citizenship from duel citizens and potential sole citizens - has really given me the shits. I don't mind that the...

The Canberra Business Chamber commends the ACT Government for providing strategic funding in this year's Budget to stimulate economic activity in the region. It is important the ACT continues to diversify its economy. The $11.75 million for a new business development strategy, Confident and Business Ready, is designed to drive investment, create jobs and encourage innovation. It will build on...

With a record number of new Canberra partner promotions in 2015, EY's current and former Canberra Managing Partners, Todd Wills and Lucille Halloran, share their insights on the growth of the practice, Canberra's market outlook and what they see as some of the key future opportunities in the region. TODD, YOU TOOK ON EY'S CANBERRA MANAGING PARTNER ROLE IN JANUARY....

Actually they are far less risks in moving your accounts to the cloud than keeping your data on a dedicated computer in your premises. Your accounts computer with all your accounting data is not only at risk from attacks from the internet through malware, spyware, key loggers or other nefarious pieces of code that can find their way onto the...

As people look to purchase their new homes sooner, Lender's Mortgage Insurance (LMI) has become more popular with homebuyers. Simply put, LMI protects the lender in the unfortunate event that the homebuyer or borrower defaults on the loan. On the flipside, LMI could make it possible for homebuyers to purchase a home with smaller deposit1,2. LMI is usually a once-off...

Much has been made of the recent spike in activity emerging from the Australian Taxation Office (ATO) in pursuing winding up action against small business debtors. That increased activity must serve as a warning to recalcitrant businesses. However, whilst the payment of taxes on time and for the full amount is always good business practice, if you find your company...

Many clients tell us they don't have an accounting background so it's difficult for them to check work done by their accountant/bookkeeper. This article provides business owners with a list of 10 things to tick off with their trusted advisor. 1. Payment summaries: Check that your bookkeeper/accountant has conducted a reconciliation between total salary & PAYG with holding in your...

We have been forced to come to terms with a world in which privacy concerns are less about keeping your personal information from others (a near impossible feat in the Digital Age) - but more about limiting its use and dissemination without our consent.1 The Australian Privacy Principles (APPs) were developed to deal with that precise concern through compelling all...

In 2014, the AICD published its Not For Profit (NFP) Governance Study and also held a series of roundtables which investigated the financial sustainability challenges of the NFP Sector. In this diverse NFP sector, factors affecting sustainability vary according to the function and funding base of each organisation. Those focused on service delivery, for example, are increasingly likely to have...

"Motivation", "Loyalty", "Drive", "Determination", "Goals" are words that often describe today's business success, and for over 40 years I have built one of Australia's most comprehensive stables of motivational speakers and entertainers, for your next business function. From staff sales training sessions, to conventions and corporate presentations, the right guest speaker, or entertainer, can make your next event stand out...

If managed correctly, direct mail can continue to be an important and cost-effective component of any marketing or information dissemination campaign, used either in tandem with the electronic media or as a standalone tool. A good direct mail campaign will focus on promoting a specific product, service or offer, and encourages your prospective customer to act - to receive further...

One of my old running mates recently posted a photo on Facebook of a sign which listed prohibited conduct in a recreation reserve: " jogging is prohibited". I posted a suggestion that if he was charged, the logical defence would be "but, your honour, I was not jogging. I was running. There is a difference. Not guilty as charged". My...

Redundancies, both voluntary and involuntary, are a very common occurrence in Canberra in recent times. Many people view them as a fresh start, a means of paying down debt such as mortgages, and a way forward into their future. This is particularly the case if a redundancy occurs shortly after a separation. Incorrectly, many people who receive redundancies after separation...