Grants of up to $10,000 to provide fast relief for NSW small businesses battling the effects of COVID-19
As part of the response to COVID-19, the ATO has announced some potential relief for a Self-Managed Superannuation Fund (SMSF) that rents a commercial property to a related party’s business.
A $130 billion helping hand for businesses and their employees
The JobSeeker Payment has been expanded to include sole traders, the self-employed, casual workers and contract workers who meet the income tests as a result of the economic downturn due to the coronavirus.
Businesses getting bank loans to tide them over and boost their working capital will now have 50% guaranteed by the government and a repayment holiday of 6 months.
Its official! The instant asset write-off for this financial year is now $150,000 and the eligibility has been expanded.
For taxpayers having financial difficulties as a result of the economic downturn caused by Coronavirus, the Australian Taxation Office (ATO) will provide support. This includes more time to pay their tax debt and payment plans that may have zero or low interest.
A complete overview of the Federal Governments support package.
As part of the new Economic stimulus in response to the COVID-19 pandemic, announced on 22 March 2020, early access to superannuation may be available to those affected by COVID-19.
Phase two of the Federal Government stimulus package includes measures to boost cashflow for employers to help retain staff and keep operating. This applies to businesses and Not-for-profit entities.
YBM have put together a simple explanation of who can claim, what you can claim and how.
More and more workplaces are switching to remote working. The key to success in this way of working is staying connected to your employees.
As we continue to monitor the situation with COVID-19 (Coronavirus) we wanted to update our clients, friends and the community.
What started as a bit of a dare seems to have turned into a bit of an addiction! This March will see YBM Accounting and Business Advisors enter a number of teams into the Sydney Coastrek for the fourth consecutive year, with one of the teams this year appropriately named ‘YBM Can’t Believe We’re Back!’.
A $17 billion package has been announced in response to the expected downturn in the Australian economy as a result of the Coronavirus outbreak.
This support package delivers good news for 3.5 million businesses and around 6.5 million lower income Australians.
Now is the time to plan your business strategies for the rest of this year and next. How YBM can help you with that.
The way you and your business access government online services is changing. From 27th March AUSkey and Manage ABN connections will be replaced with MyGovID and Relationship Authorisation Manager (RAM).
With the increasing spread of Coronavirus, markets are getting very nervous about the disruptive impact this virus will have on the world economy.
Some welcome news to the communities affected by the recent bushfires as the state and federal governments announce a suite of initiatives to immediately help those affected.
How a dream for a gathering of awe-inspiring business owners and change-makers became a very successful reality.
YBM’s inclusion into the Australian Financial Review (AFR) Top 100 Accounting Firms 2019 confirms YBM’s position as one of the top regional accounting firms in Australia.
There are many ways to get funding for your business.
Self-confidence is your biggest weapon and tool when it comes to entrepreneurship or a startup. Wear it proudly!
Once you have your feedback organized, you’ll have a goldmine of ideas for improving every facet of your products and customer experience.
If you know what type of positions to advertise for you’ll empower your company to become more effective in the long run.
Something to consider: Business owners who meet with their accountants monthly tend to view them as their most trusted advisors, consulting with them for business advice more often than family, friends, and even their lawyers.
King was a visionary. He was a man who had a dream bigger than the times in which he lived.
A look into how and what sustainable businesses look like
Everything you need to know about how to start a business.
Emails. Phone calls. Meetings.
Inefficient processes exist at nearly every company, regardless of size or turnover.
There are situations in which you value the best-of-the-best.
By investing in enterprise management systems and intelligent apps, buildings can become more than just a workplace
2020 holds numerous victories for your business.
Tips and tricks for your interview
Pick a thing from your personal to-do list and accomplish it, it helps a lot.
Every good party needs some core elements to be a success
I have some of my own ideas about this, but I polled some of my smart friends and they came through for me with some great perspectives. Let’s get into this fascinating debate.
Staying diligent, no matter what includes taking time to implement these small measures.
If you discover that the customer didn’t complain about a specific thing but instead was ranting about nothing in particular, that could be a ticket to the bin.
The insights from these discussions will help our teams manage workplace stress, better support one another, and encourage individuals to prioritize their own personal wellbeing
Operating activities, investing activities and financing activities.
Don't start with too much money. (Yes, really.)
Do you know how to design a functional, well-fitting logo?
In as much as emotional intelligence is a fundamental skill, you must possess, the way and manner various individuals choose to attain this feat is variant.
Before any talk, I know my material cold. I don’t read from slides. I don’t talk from notes or a script.
The quote “awareness brings progress'', is not a cliché; but however, a general rule of thumb.
Being cautious and disciplined with your finances can be the difference between maintaining your project so that you can eventually succeed and be completely bankrupt.
It's time to stop worrying about what other businesses are up to.
The most important personality traits to look for in remote employees are self-motivation and discipline.
When it comes to making sure your business is doing better for the sake of the planet, it can all feel a little overwhelming.
This faster delivery of internal IT systems would also give us more credibility and currency.
A leader plays an active role in the realisation of set goals and objectives
Read our tips on gaining self-confidence, so you can achieve the dreams and goals you have created.
Your subject line is crucial if you want your emails to be opened & read by your prospects.
You’re just starting out, which means you need money. And quickly. Trust me, as a former small business owner, I get it.
Always remember to address the root cause of the problem; stop beating around the bush
Radiating warmth and friendliness will help your new employee feel relaxed and excited to start working.
Stress makes us stronger, and rest makes us last for longer
It usually takes several touchpoints for anyone to decide to purchase, so we need to hit potential customers from different angles.
Instead of waiting for marketing agencies to do the work, it is time for companies to start branding themselves.
This article will be focused on how users can deal with cases of abusive emails.
The same things happen to everyone in different ways.
The three major forms of business activities are financing, investing and operating.
An audit report could be either summarized or lengthy.
Take stock of the assets you have and create a realistic plan to define your purpose, gather resources and develop market insights.
Over 5,000 firms rely on Xero Tax to lodge their tax returns
My nine most important lessons from investing over the past 35 years are that: there is always a cycle; the crowd gets it wrong at extremes; what you pay for an investment matters a lot; getting markets right is not as easy as you think; investment markets don’t learn; compound interest applied to investments is like magic; it pays to be optimistic; keep it simple; and you need to know yourself to succeed at investing.
There are fresh warnings for people to be diligent when dealing with tax refunds following the re-emergence of scams hoping to trick unsuspecting victims.
Jason Blumer realised his creative talent would be curbed if he stuck to the traditional ways of running an accounting business. So when he was let loose to manage his father’s firm, he started experimenting and having fun.
A good succession plan can secure a business owner’s legacy, and their retirement. Why not help your clients come up with one? It could be one of the most important and enduring things you do for them. Here’s how to get the process started.
From small to large, accounting practices of all types can be effectively thinking ahead.
The government has secured the crossbench support necessary to pass a $158 billion tax cuts package for working Australians.
Reforms in aged care in recent years has meant the system has become complex and could even be confusing. Throw in that it is a highly emotive topic and it means it is an area that is in-demand for quality financial advice.
Cash Flow is what makes businesses live
It is essential to create a great first impression.
When a customer complains about your product, ask yourself first whether they have a point.
It’s not just personal data that are in jeopardy.
This blog article will help suggest a few things that you can do to make conferencing less of a hassle for business owners.
More than anything, companies must prepare their employees to be deeply knowledgeable but broadly adaptable.
Imagine that any email you send was given to every employee at your company. If this thought makes you nervous, and it isn't due to privacy laws, you may need to reevaluate your message.
The resources of every organisation includes among other things, physical, financial, time, information as well as human.
Understanding and articulating your company’s “why” is fundamentally important, but the “how” behind how you and your team execute drives your organization’s culture and ultimately, it's brand.
If you've ever thought of starting a bookkeeping business, now's the time. There are fewer barriers to entry than ever. Read our seven tips on how to get started.
A web app puts you out to the world, gives you a platform, brings traffic to your site.
As a member of the learning and development industry, I am bombarded with research, insights, event invites, and models almost daily
You need billing to be fast and accurate.
The Internet has made it very easy for a business to make its goods and services reach more and more people all over the world.
Ever heard the quote by David Allen, who says “You can do anything, but not everything.”
On the list of crucial things that determine if a small scale business will stay relevant or fold up within a short while, money is right on the top.
Planning is simply a process that involves shaping a course of action that is to be done at a later date.
Depreciation affects your bottom line, your tax bill, and the value of your business. Those are three good reasons to learn what depreciation is and how it works. Here are the basics.
Debits and credits are one of those fundamental concepts in accounting..
Technology has facilitated all aspects of life
All entrepreneurs need a parachute.
"Positioning" is a term that gets thrown around a lot but can often be confused with other marketing activities.
Do you know that the wages you pay your employee is not all that your employee costs?