15 Business Tips Every Entrepreneur Should Know

Whether you are just starting a new business or you are already up and running, it is always good to take a step back and evaluate if you are taking all the right steps to make your business as successful as it could be. Check out this link for 15 Business tips ever entrepreneur should know. #Quarles #AusBiz #CPA #Finance #Accounting #Perth #Money #Bookkeeping #Business #Tax #Entrepreneur #BusinessTips #TipOfTheDay

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Forget the pecking order at work

Organisations are often run according to "the superchicken model," where the value is placed on star employees who outperform others. And yet, this isn't what drives the most high-achieving teams. Margaret Heffernan began her career in television production, building a track record at the BBC before going on to run the film and television producer trade association IPPA. In the US, Heffernan became a serial entrepreneur and CEO in the wild early days of web business. She now blogs for the Huffington Post and BNET.com. Follow the link below to see what she thinks about the pecking order in the work place and why things need to change. TedTalk #TedTalks #TheSuperChickenModel #Quarles #AusBiz #CPA #Finance #Accounting #Perth #Money #Bookkeeping #Business #Tax

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“Markets change, tastes change, so the companies & the individuals who choose to compete in those markets must change” – An Wang. #Quarles #AusBiz #CPA #Finance #Accounting #Perth #Money #Bookkeeping #Business #Tax #FirstDayOfTheWeek #Quote

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Did #Santa get you what you were wishing for? From all of the team here at Quarles, we wish you a very merry #Christmas and happy holidays. Remember to stay safe on the roads while you’re out visiting your family and friends.

Age of entitlement: age-based tax breaks | Grattan Institute

There has been a lot of conversation happening around the budget and what the government should do to help ease the current deficit. Often the first suggested course of action is a cut to Health services and Centrelink Benefits. But a new Grattan Institute report suggests that there is a potential $1 billion worth of savings to be found in removing three tax breaks for older Australians. The Tax breaks in question are the Seniors and Pensioners Tax Offset (SAPTO), the higher Medicare levy income threshold, and the higher private health insurance rebates that are available only to older Australians. These three tax breaks have been introduced over the last 20 years and while they were affordable while the Government was operating with a budget in surplus, it is time to start reviewing them. With over 65’s staying in the work force longer and earning more than ever before the number paying tax has halved in the last 20 years. The proposed changes would have little effect on the 40 per cent of seniors who receive a full Age Pension, with the main people effected being Seniors who are wealthy enough to receive no pension or just a part pension. Often the argument for these tax breaks is that it is a reward for a lifetime of paying tax, but these tax breaks are a relatively new policy that previous generations were not entitled to. Another argument being that they help promote workforce participation and to assist in preserving retirement income for poorer Australian’s. But the reality is that of the Seniors who do lodge a tax return, none of the benefits go to the bottom 40%. With deficits running at about $40 billion a year the government is going to have to make some tough decisions in the future. With voters over the age of 55 making up over 38% of enrolled voters it could be a very unpopular decision, but one that could be a step in the right direction to ensure that we do not hand an unsustainable bill on to future generations. http://grattan.edu.au/report/age-of-entitlement/ #Quarles #AusBiz #CPA #Finance #Accounting #Perth #Money #Bookkeeping #Business #Tax #Seniors #SAPTO #Centrelink

Why the best hire might not have the perfect resume

Regina Hartley is a human resources director for UPS Information Services, and makes human connections with employees immersed in technology. She holds a BA in political science from SUNY Binghamton and an MA in corporate and organizational communication from Fairleigh Dickinson University. She is a certified Senior Professional in Human Resources (SPHR) from the HRCI. Given the choice between a job candidate with a perfect resume and one who has fought through difficulty, Regina Hartley always gives the "scrapper" a chance. If you want to know why, check out this link below. #BusinessMgmt #TEDTalks #Quarles #AusBiz #CPA #Finance #Accounting #Perth #Money #Bookkeeping #Business #Tax #HumanResources #Scrapper @hrcertificationinstitute

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“Don’t let making a living prevent you from making a life” – John Wooden #Quarles #AusBiz #CPA #Finance #Accounting #Perth #Money #Bookkeeping #Business #Tax #FirstDayOfTheWeek #Quote

ACCC takes Meriton to court over TripAdvisor trickery

It can be very frustrating when you purchase a product or service that doesn’t meet your expectations and in today’s market often people rely on social media or website reviews to help make decisions about their purchases. The number of companies who restrict people from leaving negative reviews, try to block them or even bully them to try and change a review is on the rise. One such company that is under investigation for similar practices is Meriton Serviced Apartments, which manages about 4400 apartments around the country. Australian consumer law prevents businesses from making or inducing false or misleading representations through testimonials or reviews, which means if you ever find yourself caught in this situation you are well within your rights to take the matter further. You can lodge complaints to the Australian Competition and Consumer Commission (ACCC) or Choice which is Australia’s leading consumer advocacy group. ACCC Consumer Rights #ACCC #Quarles #AusBiz #CPA #Finance #Accounting #Perth #Money #Bookkeeping #Business #Tax #ConsumerRights #TripAdvisor

Tenants win as Perth CBD commercial vacancies soar

It seems like only a few years ago that the rent for office space in the CBD of Perth was out of reach for a lot of businesses. The price of rentals averaged about $1,000 per square meter in the CBD five years ago. But this has dropped to as low as $250 per square meter in West Perth, with some owners even going so far as to offer years of free rent to entice renters. It is causing a huge change to who is renting the office spaces in the city, with a lot of businesses that couldn’t afford the previously high rental prices, now being able to move back into the CBD. The biggest growth in the past three years has been the education sector. Also moving in to the CBD is more non-profits, medical research and technology companies. #Quarles #AusBiz #CPA #Finance #Accounting #Perth #Money #Bookkeeping #Business #Tax #Rental

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“There are no secrets to success. It is the result of preparation, hard work & learning from failure” - Colin Powell #Quarles #AusBiz #CPA #Finance #Accounting #Perth #Money #Bookkeeping #Business #Tax #FirstDayOfTheWeek #Quote

Will Cash Ever Die?

In the day of PayPal, Paypass, online purchases and various other payment methods, it might be tempting to step away from cash as some businesses are starting to. But the 2016 U.S. Health of Cash Study by Cardtronics revealed that 56% of consumers use cash as frequently as they did one year ago, and 23% are using it even more frequently. Check out this link for a more in-depth analysis of the report including how it may impact your business when choosing what payment methods you offer. #Quarles #AusBiz #CPA #Finance #Accounting #Perth #Money #Bookkeeping #Business #Tax #PayPal #WillCashEverDie?