Artificial Intelligence (AI) was a thing of science fiction fantasy in the not so distant past, but now it seems to be part of the business vernacular.
On 21 February 2019, AusIndustry released new software guidance documents: “Software Activities and the R&D Tax Incentive” and a “Guide to Common Errors”.
Artificial intelligence ("AI") has been around for a while. In fact for the last 30 years it has fuelled most science fiction novels and movies. But it is now becoming more approachable for every day people and many people whether they realise it or not are using it already in their home and office. The rapid growth of ‘smart home’ devices such as Google Home and Amazon’s Alexa demonstrates the consumers appetite for such products. So where does this leave small business?
You have just started in a new business and you want to make your mark, stand out from the crowd and make a good first impression in your industry and with clients. Here are 5 things you can do straight away to set yourself apart:
In a few years it will be hard to find a business or person that isn’t touched by Virtual Reality ("VR"). In fact, if you are using Siri on your phone or have Google Home or Amazon’s Alexa then you already have virtual reality in your life.
Startups are difficult at the best of times, but there are some issues that are unique to the world of tech startups. We have broken these into two sections, financial viability and strategic advice.
Your relationship with your accountant should be a long term, trusting relationship. They should have a good understanding of you and your business in order to assist and advise you in the best possible ways. Not all accountants are the same, and it is therefore important that you choose an accountant that is right for you and your startup. Here are our tips on things to consider when choosing an accountant.
Finances are always an issue with startups. In fact, good habits can often mean the difference between a start up that thrives and one that fails. So how do you give your start up the best chance at survival? Here are our top 7 tips for creating strong financial habits:
Starting a new business can be overwhelming, there is so much to do and not all of it is within your skill set or interests. We find many new business owners struggle with getting a system in place for their accounting and this can cause big headaches down the track. So we have put together a list of areas that you need to put in place early to ensure that your finances run smoothly. #startup #startupadvisor
We love Gary Vaynerchuk or Gary V as his fans know him. His book ‘Crushing it’ has certainly been an international bestseller as well as a New York Times best seller. But there is a call here in Australia for us to review the language that we are using in our start up community.
The R&D Tax Incentive is a government initiative that focuses on providing a tax offset for some of the company’s costs associated with research and development activity.
While there is legislation that determines eligibility it is self assessed. What does that mean?
Australia may be small in population in comparison to other nations but we are innovative and creative and are real players in the technology space. So it is very exciting that the Australian Government and Innovation and Science Australia have recently launched Australia 2030 Plan: Prosperity through Innovation. This is a plan for Australia to thrive in the global innovation race.