There is so much to organise to be ready to close up shop over the holidays. Planning and scheduling now can save you a lot of headaches on your return and save you disruptions throughout your break.
Phase One of PBAs began from 1 March 2018 on State Government funded projects valued between $1 million and $10 million (including GST). Following successful implementation, PBAs will be required on all building projects with a contract value of more than $1 million (including GST) in 2019. PBAs will not apply to engineering and infrastructure projects including bridges, roads and ports, unless ‘building work’
The government is currently offering grants to help small businesses owners grow their business. These grants can be used to help fund the development and growth of your business. The funding just requires an application to the relevant body once you are satisfied you meet the criteria. There are different grants available for specific purposes. The most relevant ones for Trade businesses owners are highlighted below.
The Queensland Government has introduced new reforms to improve security of payment in the building and construction industry.
From 1 July 2018 a new "GST withholding" regime commences whereby buyers of new residential premises or potential residential land will be required to withhold and remit GST portion of the sale price directly to the ATO.
Whether you’re just starting up, or have an established business, it is easy to fall into the trap of having to do and control everything yourself. Being the ‘jack of all trades’ limits your time and ability to make quality management decisions. Having your business accounting software online will enable your business to transform, grow and to compete with giants in your sector.
There is no “One Way” to design a sales process. There are many options, however considering that most businesses have no process at all, take on the one below as a starting point. The 8-step process below has proved to be successful in hundreds of businesses. You can then fine tune and tweak it to make it work for your business.