Finding employment solutions for your business is a challenge - sourcing the right person, with appropriate experience, at a fair wage, isn't always easy. Furthermore, classifying your workers correctly as a contractor or employee may not always be clear when you're recruiting for a role, and is an area where many businesses have been caughtread more
Have you ever wondered how your business ‘stacks up’ against similar businesses in your industry? What are all the other businesses doing that may be different to yours? What if there was a way you could measure the financial performance of your business on a regular basis? All of the above questions (and many more)read more
Knowledge is power – and while the advent of the crystal ball isn’t exactly around the corner, it is fair to say that forecasting the financial performance of your business is not only achievable, but should be an integral part of the way you operate. Successful business owners understand the importance of using historical data,read more
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
In our previous articles for Incisive Due Diligence (focusing on the business acquisition space) we’ve covered some of the important phases and factors involved in purchasing a business and making it work. Deal execution is the art of bringing all the moving parts together pre-settlement, and that’s what we’ll be looking at today. Executing aread more
As we explored in a recent article, the Government’s JobMaker Scheme aims to incentivise businesses to employ those whose work status has been impacted by the ongoing COVID-19 pandemic. Under the scheme, businesses can claim $200 per week for eligible employees aged 16-29 years; or $100 for those aged 30-35 years. Now that payments areread more
When businesses embark on an acquisition, the sheer amount of moving parts across things like contracts, purchase price, ongoing negotiations and much more means that the well-planned integration of a new business too often falls by the wayside. This is why around two-thirds of integrations fail. The fact is, onboarding a new business along withread more
2020 is drawing to a close – and with it, one of the most difficult and unpredictable years for everyone will soon be behind us. After a tough 12 months, those who run their own business, or have dreams of doing so, are now taking the opportunity to think about how they’ll make 2021 aread more
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