ATO compliance
At a compliance level, the ATO says that it is focusing on:
engaging with new trustees to ensure they can operate their SMSF and are not seeking illegal early access to their retirement benefits;
ensuring that trustees understand their obligations and that, although their tax agent or accountant will assis... |
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Your business plan is a management tool and is designed to suit the structure and needs of your particular business. There is not a one-size-fits-all business plan, or a set formula that you have to follow.
This leeway to design your own business plan can feel quite daunting at first, but this is easy to solve if you identify the reasons ... |
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Before you start a business and perhaps leave a job, try working out if the venture will be worth the risk.
By now you may be confident there is a genuine demand for your product or service, and that the market will pay your price for it. The next step is to work out how much you need to sell each month (hours of time, or quantities of pr... |
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Whether you're thinking of starting a new business, considering adding new products, opening a new branch, or increasing the services you offer, it's common sense to research your market to make sure there is sufficient support for your idea.
There's little point adding the latest top-of-the-range spa pool to your product range,... |
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If you’re looking impartially and unemotionally at the options ahead when starting your own business, you have to admit simply buying one already in operation is incredibly appealing. Not only do you get experienced staff and an existing customer base, you also get established premises, a well-known brand and a network of suppliers thro... |
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