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Government Grants and Incentives for Australian Businesses in 2024

As Australia continues to foster economic growth and innovation, the government offers a range of grants and incentives to support businesses across various sectors. These programs are designed to help businesses expand, innovate, and remain competitive in a dynamic marketplace. In this article, we’ll explore some of the key government grants and incentives available in […]

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Time Management for Business Owners: Boost Productivity and Efficiency with BOA & Co.

Time is a finite resource, and for business owners, it is one of the most valuable assets. Effective time management is essential not only for personal productivity but also for the overall success of a business. As a leader, the way you manage your time sets the tone for your entire organization. By cultivating a

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The Right Time to Establish a Subsidiary and the Benefits it can Bring to your Business

Creating a subsidiary can be a strategic move for businesses looking to expand, manage risk, or streamline operations. However, it’s crucial to understand the right circumstances and timing for establishing a subsidiary. Here’s a detailed guide to help you determine when to create a subsidiary and the potential advantages it offers. What is a Subsidiary?

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Understanding Changes to Casual Employment and Independent Contractor Definitions

What Do I Need to Know About the Changes to Casual Employment and Independent Contractor Definitions? Recent legislative changes have redefined casual employment and independent contractor definitions in Australia. These changes have significant implications for employers and workers alike. Here’s a comprehensive guide on what you need to know and how these changes might affect

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18 Prosperous Business Practices for Lunar New Year: Embracing Wealth and Wisdom

As we approach the Lunar New Year, businesses worldwide are preparing to welcome wealth, prosperity, and good fortune. Beyond the festive celebrations, this season carries rich traditions and superstitions that can influence business success.  Let’s delve into some lighthearted yet potentially lucrative Chinese and Asian superstitions every business owner should know, unlocking the potential for

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Mastering the Holding Company: A Comprehensive Guide to  Business Structure Optimization

In the fast-paced realm of business, staying ahead is key. Many businesses gain a strategic edge by adopting a holding company structure. Unlike traditional companies, a holding company doesn’t produce goods or services; instead, it owns other companies, known as subsidiaries. But how does this work, and why is it advantageous? This guide explores the

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Cash Management Tips For Business Owners – Make More Profit, Faster!

Running a business is no easy feat. Juggling multiple tasks simultaneously is the norm for business owners, and among these tasks, cash management reigns supreme. Effective cash flow management is a linchpin for a thriving business, wielding significant influence over its growth and profitability. Ensuring a positive cash flow not only guards against the peril of

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Wolters Kluwer Launches TeamMate® Document Linker: A Game-Changer for Audit Quality in Accounting Firms

New York, Date – In a significant development, Wolters Kluwer, a renowned global leader in professional information, software solutions, and services, has unveiled a revolutionary product, TeamMate® Document Linker. Designed specifically for accounting firms, this innovative solution promises to enhance audit quality by automating the linking of audit samples to supporting evidence, thereby saving precious

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Professional Services Firm Profits Under Fire

The Australian Taxation Office (ATO) has been concerned for some time about how many professional services firms are structured – specifically, professional practices such as lawyers, architects, medical practices, engineers, architects etc., operating through trusts, companies and partnerships of discretionary trusts and how the profits from these practices are being taxed.   New draft guidance

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