June 29, 2015

Five Mistakes to Avoid When Starting a Business

If you want to succeed in your business, you have to avoid mistakes to ensure survival in the business. Here are some tips when starting a business. Listed common mistakes that you have to avoid if you want continuity of your business. Trying to do it all. It is advisable not to do all the things by yourself. You employ people who can help you. Assign task that can be delegated so you will have time for more sensitive and bigger issues. Just make sure you allocate funds for salaries of your staff. Trying to do it alone. It is very tough if you will start a business alone. You need people who can give you support and counsel. Failing […]
June 23, 2015

Important Considerations When Employing People

Considered as the best asset of any business are their employees so that recruitment and retaining the right people is necessary for the success of any business operations. For employees to create value and return on investment both the needs of the employees and the employer must be met. Employers’ should know their legal obligations along with strategies to develop the skills of their working force. Hiring People – A guide to hiring the right employees can be found on the FAIR WORK OMBUDSMAN’s which will help your workforce in getting started to be on the right tract. The guide covers the following: Know the Law– this section discusses wages, record-keeping, superannuation, taxation, workplace health and safety and discrimination. Thinking […]
June 11, 2015

An Overview of Payroll in Australia

Australia is noted to be a haven for companies who wanted to grow internationally because it provides a lot of business opportunities. Australia has a strong economy and low unemployment rate. Companies that would expand business in Australia can establish their presence in the other side of the globe without experiencing cultural and language barriers usually associated with hiring employees from other countries. For companies to leverage the benefits available to businesses in Australia they have to have knowledge with the payroll system including the TAX System. Since Australia has a pay-as-you-go (PAYG) system for income tax. This will allow employers to retain amount due for tax from their employees paychecks. The tax table is not the same in all […]
June 9, 2015

Maximise Your Return on Employee Investment

Employer-Employee relationship is important for the success of any business. While it is true that there are so many applicants for employment, the fact still remains that employers need to take care of their employees by enhancing their engagement and growth in the company. Employees are considered as the company’s best asset and investment. The importance of maximizing your return on this very important investment are discussed below. If you have a positive work culture wherein the aim is to motivate and inspire, your employees will respond towards a better customer engagement resulting in increased revenue and higher profit. Those businesses that builds trust among the entire organization creates a dynamic team . With motivated workforce, you will increase your […]