If growing your business, successfully tendering for projects, saving money on human capital costs and managing your employee relations effectively sounds desirable, then read on, because your business can benefit from an Enterprise Bargaining Agreement (EBA). What is an EBA? An EBA is a legally binding agreement governing how your business will engage, remunerate and…
The view from the window at Resonate HQ on a brisk winter’s morning is sublime. The backdrop of the Perth city skyline as it begins to glimmer with the first rays of sun, and in the foreground a stream of commuters that have disembarked the train and are heading to work to begin the daily…
As a business owner, there are plenty of things you need to manage, and two of the most important of these are assets and risks. In other words, building your wealth and protecting your wealth. There’s no point building a lot of wealth if the way you have things structured behind the scenes means that…
Success in business requires a number of essential ingredients. A sound strategy. A robust business model. Effective planning. Strong financial control and bookkeeping. A good team. Great systems. Measurement. Focus. But you know what? Even all those elements are not enough without this skill: Execution. Call it “Getting Things Done”, making things happen, the action…
Larger businesses have a Chief Financial Officer (CFO) on staff. But what can small and medium sized businesses do in this regard? Clearly, larger businesses can afford an in-house CFO. But it goes beyond an affordability issue: Large, successful businesses also understand how crucial the CFO role is to their business performance… The CFO keeps…
Most people will quite literally earn millions of dollars in their lifetime. Yet many people struggle financially and live from paycheque to paycheque. With the ageing population and many Baby Boomers now continuing to work, at least on a part-time basis, past the traditional retirement age, people are working more years than ever. Even if…
For many, the word ‘budget’ is about as appealing as the word ‘diet’. It seems to imply what you will go without, rather than what you will achieve. To a successful business owner, however, the word ‘budget’ has a very different meaning. It’s more like a map than a diet. It’s an outline of where…
There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory.” As you know only too well, you don’t pay rent, meet payroll or pay your bills with profit. You pay them with cash. A business can make a lot of sales, have a book full…
Time is running out. If you want to take a few simple preventative measures to minimise or defer how much tax you will pay for this Financial Year, you need to do two things: Read the following 9 point checklist, then Call or email us as soon as possible so we can make a time…