Hiring Your First Employee
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3 Crucial Steps to Successfully Hiring Your First Employee

What to look out for when hiring your first employee Looking at hiring your first employee? Achieving entrepreneurial success isn’t just about picking anyone for your company. It’s also about making sound decisions and implementing the right strategy in attracting the best prospective employees. The first few stages in the life of your business are…

A Guide to Employer Obligations
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A 2300 Word Ultimate Guide to Understanding Employer Obligations

Understanding Employer Obligations As an employer, it’s imperative to understand that your employer obligations extend further than the monetary compensation owed to your employees. Australia’s extensive legislation revolved around employer obligations, and employee rights remains a treacherous area for many inexperienced business owners to navigate. Below, we explore the obvious and not so apparent obligations…

Business Registrations
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9 Essential Business Registrations Your Businesses Needs

Are you starting your own business? Starting a business is an exciting time for any entrepreneur. Often times, this can be bogged down by the legal landscape of business registrations and the accompanying paperwork that is often involved in ensuring your business is legally permitted to operate in Australia. Without the assistance of an accountant,…

Working as a Contractor - Must Do's
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Working as a Contractor: Top 10 Contractor Must Do

So you’ve decided that you’re going to be working as a contractor in your industry. Great work! Contractors run their own business and the potential to generate a large income is an attractive option. However, with great reward, comes to a lot more responsibilities. In this guide, we go through some of the pitfalls that…

8 Things to Look For When Choosing the Right Accountant
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8 Things to Look For When Choosing the Right Accountant

Looking for an accountant? What you should be looking for in an accountant? What benefits can an accountant offer? Finding the accountant who will be the right fit for you can be a long and complicated process. The general view is that accountants are expensive and are only there to ‘fill out forms to keep…

Taking Money Out of a Limited Company
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4 Ways to Taking Money Out of a Limited Company

Taking money out of a limited company for personal use Many contractors choose to operate out of a Pty Ltd company as it is the most suitable structure for them. A Pty Ltd Company is a separate legal entity and thus, all the money and assets belong to the company as opposed to the shareholders…

9 Things You Absolutely Need to Know about Tax
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9 Things You Absolutely Need to Know about Tax

The Tax Guide for Contractors, Consultants, Freelancers and Locums As a consultant, contractor, freelancer and locum there is a range of taxation obligations you are required to deal with. It is important to speak to your accountant or the Australian Taxation Office (ATO) and Office of State Revenue (OSR) to ensure you have met all…

Is a Verbal Agreement Legally Binding?
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Is a Verbal Agreement Legally Binding?

There is a lot of conjecture as to whether a written contract is required for all agreements or is a verbal agreement also legally binding? The answer to that is that both verbal or written can be legally binding. However, do we recommend it? And the answer is no. Why written contracts are better than…

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