Entries by Salisbury Accountants & Business Advisors

Attracting talent to your workplace

January 23, 2023 in /by

7 Ways to Distinguish your Business in a Competitive Hiring Environment

Businesses need people to serve customers and grow. This requires ‘recruitment’ which can take many forms like hiring full or part-time, subcontracting, and offshoring.

Whatever the approach, a recruitment strategy should help the business to stand out from other options candidates are considering. This is […]

Reengineering Your Business

January 16, 2023 in /by

For Profit and Sustainability

Sometimes business leaders need to fundamentally change the way things are done in order to grow profit, or just to survive.

This is termed ‘Business Reengineering’.

What is Business Reengineering?

Business Reengineering usually means eliminating activities or processes which are not adding value. In some cases, they will be substituted with better […]

Successful Delegation to Drive Business Performance

December 19, 2022 in /by

As Accountants, we like to see our clients operating at high levels of efficiency and generating healthy profits.

However, one thing that prevents business owners from getting the most from their team is the failure to delegate work.

Many businesses invest a significant amount in human resources including compensation, recruiting, training and benefits so it’s […]

Single Touch Payroll Phase 2

December 5, 2022 in /by

Changes to Single Touch Payroll

Employers required to report additional payroll information once your payroll software is ready

Additional information to report as part of Single Touch Payroll (STP) Phase 2 will include:

amounts paid to staff — instead of reporting a single gross amount, you’ll separately show items such as overtime, paid leave, and […]

There’s beauty in the simplicity of running your own business, if you have the right start

December 1, 2022 in /by

Slides Coffee Bar is the hottest spot to grab a brew or a bite when you’re wintering in Falls Creek

With a mouth-watering array of delectable local and homemade fare plus warm, friendly service, Slides has become the go-to for families and the après ski crowd.

Slides founder, owner and perennial skier Jules Mitas has […]

Accounting as a Driver of Good Business Decisions

November 28, 2022 in /by

5 Ways an Accounting Function Should Create Business Value

Business leaders rely on the accounting function for a variety of purposes. One of these is compliance, but leaders should have much higher expectations of their accounting function.

Let’s look at how a multiskilled accounting function can provide critical support to enable the best outcomes.

Objective […]

Victorian support for flood-affected businesses, farmers and community sport

November 25, 2022 in /by

Funding and support is now available for flood-affected businesses, not-for-profits, farmers and community sport organisations.

Victorian businesses, primary producers and community sport organisations with direct damage due to the 2022 Victorian floods can now access more support through an $877 million Commonwealth and Victorian Governments recovery support package.

The new Business and Community Sport […]