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Articles by Nigel Plowman

Protecting Intellectual Property in Your Business

July 18th, 2023

Operating a business will typically see business owners and managers get wrapped up in day-to-day operations. As time goes on, the success of a business relates directly to the growth and development of those involved in management and operations – but how often do we reflect on it? How do we place a value onread more

McKinley Plowman Federal Budget Update 2023-24

May 10th, 2023

The 2023-24 Federal Budget was handed down on Tuesday 9 May 2023 by Treasurer Jim Chalmers of the Albanese government. The budget will return to a $4 billion surplus this financial year, followed by a $13.9 billion deficit the following year. Treasury forecasts under this budget inflation will fall from 6% this year to 3.25%read more

The Benefits of Tax Planning for Your Bottom Line

March 29th, 2023

Tax Planning season is here! With 30 June fast approaching, now is the time to consider tax planning for your business. They say that if you fail to prepare, prepare to fail – or in this case, prepare to potentially deal with a hefty tax bill and disrupted cash flow! Getting a clear picture ofread more

WA Small Business Market Outlook 2023

February 2nd, 2023

Are you thinking about selling or buying a business this year? If so, read on – there may be some great opportunities for you in the WA Small Business Market in 2023. The COVID-19 pandemic had far-reaching consequences across the business sector, starting with many businesses closing their doors permanently as a result of lockdowns,read more

Action Items to Navigate a Tough Economy

September 9th, 2022

There is a lot going on at the moment that is contributing to increased pressure and stress on household budgets and businesses alike. With rising inflation prompting several interest rate rises and increased cost of living pressures, many Australians are looking for practical, actionable ways to improve their situation. Here we have some action itemsread more

Act Now to Secure Your .au Business Domain

August 24th, 2022

You may be aware that in March of 2022, the .au Domain Administration (auDA) introduced a system allowing businesses, individuals, organisations and associates with an Australian connection to register a “.au” direct domain, shortening the existing format, often “” or similar. This was brought in to afford website owners the opportunity to use a shorterread more

Growing Your Business – Five Key Focus Areas

February 11th, 2022

For the vast majority of business owners, the goal for the first few years is to achieve stability – predictable cashflow, a steady stream of customers and new business, and certainty around the future of the business. Once things have stabilised, some take a breather and rest on their laurels. Others look to take activeread more

Casual Employee Conversion – The Details

April 29th, 2021

Casual employment serves many purposes within a workplace. For employees, it’s a good chance to work for a higher hourly rate (casual loading) and potentially work for a variety of employers concurrently. For employers, upshots include the fact that there is no requirement to accrue leave entitlements for casual employees, and that such employees canread more

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