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Need working capital? Your Accounts Payable ledger may hold the answer!
Cash Flow Solutions
At first blush, the idea of using your company's accounts payable ledger to generate cash flow is a little "left field". Traditionally, the Accounts Payable function has always been about cost management not revenue and savings, but that has changed with the emergence of what is generically referred to as supply chain finance. Choosing the right supply chain finance will...
Bringing the best to Canberra
G2B: Chief Minister’s Message
Canberra's progressive and open nature is attracting some of the world's best and brightest talent and companies to our city. As I mentioned in last month's B2B Magazine, the Government is seeking to achieve our ambitions to becoming a worldleading city by playing to our strengths, and that includes when attracting and retaining national and global talent to Canberra. Jobs...
Debtor management
Business Law
You have a thriving business and a diverse customer base. Your sales are on target, yet cash flow is poor. You sell on credit and you are concerned that tightening the credit you give will impact on your customer relationships. The ACT is one of the slowest paying regions in Australia, payment being an average of 19 days late1. An...
Are SMEs ready for a 2.4% increase to wages?
Features
The National Minimum Wage in Australia is expected to increase by no more than 2.4% this July, according to SME workplace specialists Employsure, adding more burden for small business. SMEs are eagerly awaiting for the Fair Work Commission to hand down its yearly decision on what the new National Minimum Wage will be. The decision could land any day now...
The Importance of Ergonomics in the Work Place
Features
Are you constantly looking for ways to increase productivity in the work place? If so, you've surely encountered the concept of ergonomics, but what does it entail? According to the International Ergonomics Association, ergonomics is a scientific discipline that aims to understand the interactions among humans and other elements of a system, and the profession that applies theory, principles, data...
Business sector coming of age in Canberra
Associations To Business
The ACT celebrated its centenary just a few short years ago - we are now a young and vibrant 104! While we honoured our city's longevity with a year of events, it is also worth recognising the staying power of many of our local businesses. It is estimated that one in three new small businesses in Australia fail in their...
Campbell & Co Lawyers: a modern law firm focused on the future
Features
The Past Founded by Barbara Campbell in 2000, Campbell & Co Lawyers has grown from a one-woman operation to one of Canberra's most respected local firms, focusing on Wills and Estate Law, Family Law and Dispute Resolution. The firm was initially run from her own home until it outgrew the space. In 2004 the firm amalgamated with Helen Small &...
Self-managed super fund – but should you manage it yourself?
Features
As the name suggests, a Self Managed Superannuation Fund (SMSF) is one where the members are also the trustees and therefore have the freedom - and the responsibility - to make all of the decisions relating to the fund. Some of these decisions include the fund's investment strategy, the type of retirement planning strategies to undertake, the type of retirement...
Great outlook for Brady Perspectives
Features
Scott Brady, founder and director of Brady Perspectives, has had a full and interesting career to date, including being an Australian Army Officer, working in intelligence, undertaking two tours of East Timor. After leaving the Army in 2007, Scott worked for Noetic Corporation, in the United States, working on three big projects for the US Department of Defence, looking at...
Pre ACT Budget Arts Announcement
News
Media statement by ACT Chief Minister Andrew Barr. Today I was pleased to unveil a new funding package for the Arts in Canberra as part of the 2017-18 Budget, alongside Minister Gordon Ramsay. Increasing investment in Canberra's thriving arts scene was an important ACT Labor commitment in the 2016 election campaign, recognising the contribution that arts make to the community....
Apis: positioning for the future
Cover Story
It is with great pleasure that Apis announces a number of recent staff promotions to support the growth of its Canberra based professional services team. Apis has operated in the Nation's capital for over fifteen years, offering specialist services across strategic planning, programme and project management, business and systems analysis, user research, product delivery, change management and complex procurement. "We...
Parlous attention to payroll procures penalty
Expert Advice
Airport lounges, once a haven of the elite and well-heeled travellers, are now most often the province of business types. So, whilst awaiting the departure of a flight recently and patronising such an establishment, I happened across a copy of that revered publication, The Australian Financial Review, open at an article headed "Accountancy firms liable for underpayments". As an accountant...
Unauthorised use of your brand – what are your options?
Expert Advice
Businesses often see their branding misappropriated. However, the range of intellectual property and allied rights which can attach to branding means care must be taken in developing a suitable strategy before taking action. Branding registered as a trade mark If the branding in question has been registered as a trade mark, then the simplest course is to consider trade mark...
Fringe Benefits Tax spotlight – customer loyalty programs
Accounting
Do you provide employees with a business credit card associated with a customer loyalty program? Are employees able to convert loyalty points accumulated in connection with the business credit card to rewards (e.g. goods, personal flights, holiday accommodation etc.)? Do you as an employer use the points accumulated under your business credit card to reward employees (or potential employees) with...
What is Native Advertising?
Expert Advice
Native Advertising is the future of advertising, magazines, newspapers, blogs and websites. It is basically paid editorial or advertorial. Or you could call it 'content marketing'. The way the old media (including online) worked was that the content was written by journalists and was 'objective', 'unbiased' and 'news'. There was a solid brick wall between 'journalists' and 'advertising'. The thought...
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