Top business & contractor tips, ideas and news in the industry.
These articles help and inform small businesses and contractors by providing the best hand-picked tips, trends and news to maximise their potential.
4 Important Lessons From Growing My Business
Running a business, let alone a successful one can be incredibly tough. Sharing the ups and downs of the business journey is something that doesn't often happen enough. It just so happens that business owners often only tell of their wins but elect not to divulge in...
The True Cost of Your Employee Tool | Box Bulletin November 2019
It has been a busy month for us at Box AS and it is just going to get busier all the way to Christmas! It's important that I continue to share with you some of the learnings and insights that have benefited me. In turn, I hope you find some of this valuable to apply...
Difference Between Employee v Contractor
Deciding on being engaged as an employee v contractor can be two very different things despite a lot of similarities. This can have implications on tax, superannuation, minimum pay and employment laws that may be applicable depending on how you are engaged by a...
Fundamentals on How to Buy or Sell a Business
Are you looking to buy or sell a business and not sure where to start? In this article, I'll go through some of the fundamental concepts you should know about buying or selling a business so that it can get you off in the right direction. Introduction There are...
How Hiring My First Employee Changed EVERYTHING | Box Bulletin October 2019
Wow, where has the time gone? There's been a lot of buzz lately in the Box Advisory community! Earlier this month, I had the pleasure of being a part of a panel of experts hosted by our friends at Prospa to talk about access to business lending for SMEs as part of a...
How Hiring My First Employee Changed Everything
Whilst being self-employed and running your own business may sound like the same thing to a lot of people, there are some differences that ultimately can have an impact on how you run and grow your business. 2016 - Self-Employed Working in corporate...
The Single Touch Payroll Deadline is Looming | Box Bulletin September 2019
We hope the new financial year has started off well for you! Let's get straight into this month's tips. Tip of the Month Deviating from the usual practical guides we provide, I share a personal story about how Box Advisory Services was born. However, there was...
How to Avoid ASIC Late Fees
As an accountant, you start to see patterns and this is no different with small business owners constantly being penalised with ASIC late fees. The two most common ASIC late fee penalties we see clients receive are late lodgement penalties for annual statement review...
Turning Hardships into Opportunities
A lot of people see and hear about business success they think the success they’ve achieved is linear. That the person behind the success either had superior intelligence or was fortunate to be at the right place at the right time. And that’s simply not true. I can...
Land Tax – The Forgotten Tax | Box Bulletin August 2019
I want to tell you a quick story of a new client situation we often get (about once a month) that might be relevant to you. Let's call him Rod - I had a meeting with Rod regarding a serious tax issue last week. Over the last 5 years, he has been working really hard to...
7 Tips to Spot ATO Scams (2019)
Throughout the last year, I’ve noticed approximately one in four of my clients have been on the receiving end of an attempted ATO scam. These scammers impersonate as staff from the Australian Taxation Office. The ATO has reported that they received over 40,000 reports...
