What’s essential to Setting up properly in Australia?

Posted by Michael Derin on 23-Aug-2018 11:06:39

If you are looking to operate your foreign owned business in Australia there are a few things you need to consider. Making sure that you get some of the key components right from the beginning can save you a lot of headaches and costs later on down the track. Here are some of the key things we think you need to consider before commencing your operations:

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Topics: Azure Group News, international business, Startup Australia, Startup investors, Company Director, Sydney Accountants, Starting business in Australia, TFN

Is lack of Financial Record Keeping linked to Company Failure?

Posted by Kelly Morgan on 16-Aug-2018 09:19:47

 

We all know that the number one reason for companies to fail is inadequate or poor cashflow. However, have you ever stopped to wonder what the other main reasons for company failure are? According to the Australian Securities and Investments Commission (ASIC) the other reasons are poor strategic management of the business, and poor financial control including lack of records.

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Topics: Azure Group News, small business, cashflow, Company Director, business failure, company failure

Why you shouldn't do Business without Terms and Conditions?

Posted by Kelly Morgan on 14-Aug-2018 12:33:31

When setting up a business there are hundreds if not thousands of tasks of varying size that need to be done or considered. When you haven’t even got a client yet it is hard to consider that you need good terms and conditions. Many entrepreneurs think those sorts of things can wait till later.

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Topics: Azure Group News, Startups, small business, Startup Australia, Company Director, Business success, terms and conditions

How to negotiate your Tax Debt with the ATO?

Posted by Tanya Moran on 11-May-2018 15:28:11

 

Small businesses need to manage a lot of ‘balls in the air’ and one of them is tax. Between their own income tax as an individual, company tax, GST and tax withheld for employees there is a lot of money that needs to be accounted for. In fact small businesses account for more than 60% of the total debt owning to the ATO. So if you have a tax debt here is what you need to know. #news #ATO #taxdebt

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Topics: ATO, small business, Business accountants, GST, BAS, withholding tax, tax debt, director penalty notice, Company Director