All Articles
Expert Advice
This is a topic that never goes away - it just varies in terms of degrees. Now, more than ever, employers are up against huge competition to retain and motivate their good staff. Losing staff is costly to any organisation; in dollar costs, lost productivity, loss of corporate knowledge and general workplace disruption. Retention strategies are not one off actions...
Expert Advice
Prevention is the best cure and forming a healthy identity... will ensure you spend more time doing things you like doing. We've all been guilty of using the cold as an excuse to sit on the couch. The funny thing is once we've set camp under three or four blankets, an apple while we watch our second movie for the...
Expert Advice
No matter how effective the risk management program within an organisation, things still go wrong. They may be events that we have anticipated or they may be incidents that we have completely come out of the blue (unknown unknowns to quote Donald Rumsfeld). What we need to make sure of when these incidents do happen is that we minimise the...
Features
We understand the Canberra business market and realise that there are thousands of very successful businesses operating from homes and coffee shops in the ACT and across the nation. But there is another cost effective alternative that can provide you with the same flexibility and give you an alternative to holding your meetings at home or in public places -...
Features
Many Australian businesses are struggling with the rising costs of inputs such as fuel and electricity. These challenges are making it harder for businesses to compete. RSM Bird Cameron, one of the largest mid-tier accounting firms in Australia, offers advice on how a better pricing strategy can help organisations stay ahead of rising business costs. Andrew Sykes, director of business...
Cover Story
As Canberra celebrates 100 years, elringtons is one of the few local law firms that can lay claim to have travelled alongside Canberra in its 100 year journey towards the vibrant and exciting city that it is today. In various iterations it has helped the communities of Queanbeyan, Yass and now Canberra since 1897. "This history and longevity is a...
July 2013 Issue 84
How many times has this happened to you, you're at a party with people that you are meeting for the first time, or you are having a quiet after work drink and you meet someone new, or your new hairdresser is making polite conversation with you, or you are even standing in line at the supermarket making small talk with...
B2B Property
When Brindabella Business Brokers sells a client's business, the one comment we always receive is why do we need to provide so much information upfront. Some of the items we ask for are 5 years of financials, leases, plant and equipment inventories, staff rosters, further capital requirements, franchise agreements, add backs, items not accounted for etc. Due to the level...
Features
With the end of the financial year looming, now is a good time to be thinking about your end of year superannuation strategies. it may also help you to avoid some common traps and tax penalties. OFF-MARKET TRANSFERS Of particular interest this year is the Government's proposed banning of off-market transfers which is due to take effect from 1 July...
June 2013 Issue 83
Last month's article discussed the difficult question that can arise as to the duration of a relationship, as duration is significant with respect to property settlement and spousal maintenance. This month, however, we look at what is an even more difficult question that needs to be resolved. This issue is whether or not there ever was a relationship. In matters...
B2B Property
One of Warren Buffet's sayings is "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price". A good example of this is when you go to the supermarket to buy some steak. The budget steak is $10/kg and the good steak is $35/kg. You buy the budget steak, cook it...
G2B: Chief Minister’s Message
The Centenary is a great time to reflection just how far Canberra has come in its first 100 years. The Territory economy has grown to around 2 per cent of the Australian economy. Our community is, on average, the best paid, best educated and healthiest in the country. We have the opportunity to further increase economic growth through a focus...
Expert Advice
Most issues or events that impact on an organisation's objectives occur due to the absence of, or ineffectiveness of controls - so it follows that ensuring the current controls that are in place are effective is fundamental to reducing an organisation's risk exposure. The bottom line - if controls are not being measured it is impossible to determine whether or...
Expert Advice
When you introduce a new member to your team, more often than not there is an initial training and learning period. To make the most of this time, both for the employer and new employee, it is important that Learning Styles are determined and understood. The Learning Style of the Trainer may be very different to the Learning Style of...
Accounting
With so many businesses now being run from home, the ATO is eager to ensure that those claiming tax deductions do so correctly. Understanding the rules. A home-based business may use the home as the principal place of business (such as a hairdresser, a doctor or a dentist), with clients coming to the home. Alternatively, the business can comprise of...
ACT Chamber
The input of small and medium business into the Australian economy can no longer be ignored by government. The ACT & Region Chamber of Commerce and Industry (ACT Chamber) is therefore supporting the national "Small Business. Too Big to Ignore" campaign led by the Australian Chamber of Commerce and Industry (ACCI). There are 2 million small businesses in Australia, employing...