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Probably all business owners have some sort of plan as to how they want to retire from "the business". For many business owners, the plan will involve selling the business or a share in it...and if all goes as expected there'll be plenty of time to make sure the business is ‘market ready’... in the same manner you...
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If I pay my employees above-award rates, do I still have to pay penalties, allowances, loadings and overtime rates due to them under a modern award?
Many employers pay above-award rates either to attract good quality employees or because the demand for labour outstrips supply.
In addition to paying above-award rates, employers are...
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In the criminal jurisdictions of Australia and New Zealand (and some other Western criminal jurisdictions) prosecutions are commenced by the laying of an “information” in a first instance court, which may or may not be the court which ultimately determines the matter. For example, in New South Wales (NSW), Australia, even...
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We often hear employers say “Joe Bloggs is not covered by any award because I pay him a salary well above the award minimum rates”. This is a common misconception amongst business owners which can lead to non-compliance with award terms and ultimately land you in hot water!
Modern Award coverage is determined by referring to...
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Clients who take forever to pay their bills and treat you like a bank can be frustrating at the best of times. According to credit information company Dun & Bradstreet, it now takes an average 55.6 days to be paid – the slowest rate of payment in three years.
Focusing on a healthy cash flow is essential for any successful...
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