Financial Advice

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Getting paid faster: a guide for franchise head offices


Franchise head offices have a significant impact on the strength of the entire franchise group. To ensure everything is operating at its best and most profitable, franchise head offices need

ATO debt recovery powers could be unleashed on SMEs


During Covid, the ATO ceased their debt collection and audit activity, but all signs point to 2021 being a year of unleashing for the ATO. In September 2020, the ATO

The best (practical!) ways to help your potential franchisees get finance in 2021


Franchised businesses have a greater rate of success than independent start-ups. High brand awareness and reputation, access to working capital from franchisees, efficiencies in marketing, training and product development, established

How to improve your employees’ financial wellbeing


It is critical that employers are having open dialogues with their employees to monitor both mental and financial wellness.  In PwC’s recent 9th annual Employee Financial Wellness Survey (a US

Insolvency protections extended for SMEs


The Federal government has announced that it is extending the temporary insolvency and bankruptcy protections that have been put in place to support struggling small businesses impacted by the Covid

Easier access to JobKeeper funding announced


Coronavirus-hit businesses will get easier access to wage subsidies with the federal government injecting a further $15 billion into JobKeeper. In a move designed to cushion the economic sledgehammer blow

4 tax boost opportunities for franchisors


There are new government schemes and initiatives that franchisors could benefit from this new financial year, writes Vaughan Fergusson, founder of Vend. The dawn of a new financial year provides an

What you’ll have to do to keep staff on JobKeeper 2.0


JobKeeper will be extended through to 28 March 2021 in an amended, two-tier format that sees payments reduced and aligned to full or part time hours. The two-tier payments from

What SMEs need to do to survive 2020


We are seeing one of the toughest starts to a new financial year in decades, with small-business owners bearing the brunt of the impact. By the end of September, the

Banks extend loan deferrals program for small business


The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has welcomed the decision by the Australian Banking Association (ABA) to extend its loan deferrals program for small businesses that