We are doing something special here at PJT and we wanted to include you. We are incredibly committed to helping local business owners be as successful as possible, and we have put together a series..

We are excited to introduce you to our new client portal which is hosted by Nimbus Technologies. The online portal will enable us to share files and documents securely and more efficiently. Docume..

In the coming weeks there will be a slight change in how we process transactions. When you receive an engagement letter (quote) from us to do your work, there will be a section nominating your pay..

The ATO has received additional funding (several hundred million dollars) to undertake more audits this year. Each year, the ATO identifies specific occupations where it pays particular attention ..

Giving Feedback Effectively Number One Rule: Try to make it a positive process and experience. Before giving feedback make sure you remind yourself why you are doing it. The purpose for giving feedbac..

Whether you are the Boss or the employee, you need to have a certain level of people skills, or ‘soft skills’ as they are now known. Good people skills are just as important as techni..

Below are a list of questions you can ask yourself and your team to establish if you have a great culture where you work and is it in line with your business strategy and goals? We have also inclu..

When a positive work culture exists between employees, management and customers, business will thrive. It can help improve employee productivity which has a direct result on your bottom line. ..

PJT Accountants & Business Advisors are registered consultants for the Queensland Government Jobs Assist program. Under this program, Government Assistance up to $8,000 (available in two ..

Have you looked at your back office lately? This is often the most boring part of your business, which in turn often means that it is the most neglected and most costly part of your business...

There are many ways to grow your business. However, to enable this to happen you need to analyse whether you are operating at capacity or if you can adequately service additional growth in client n..

By now, most business owners have a Facebook page. It’s easy enough to set one up and update it, not so much keeping up with all the changes. Read on for the latest changes, and tips on how ..

1. Headlines are essential Because the title is the first thing that's read, it needs to entice the reader by alluding to the potential benefits of the piece. Interesting and punchy titles th..

By Ravi Sharma I just walked back into the office from an appointment with an optometrist. I should really say ‘my optometrist’ but it doesn’t feel like I have any relationship ..

Do you want to increase sales dramatically? Then shift your sales focus from attracting new customers to enticing your proven customers to buy again. The best sales prospect is a prospect that&rsqu..

One of the most common issues business owners have is not knowing how to increase profits. Understanding the few key factors that drive your business´s profitability is the first step to ..

What is Cost of Goods Sold exactly? Cost of Goods Sold includes all the direct costs of selling your particular product. For example, it includes the cost of the product itself, freight to get the pr..

If you have multiple debts, you may want to know how consolidating your loans can lower your repayments and pay off your loans sooner. Here is an example showing how consolidating can do this: In..

For many people, their business is one of their biggest assets. For others, they want to build it up so that the business can support their family into the future – whether they sell the bus..

Having a cash shortage can be very stressful. A lack of cash can make it difficult to meet your businesses financial obligations, such as loan repayments, paying creditors and payroll. 82% of bu..

Cashflow is the lifeblood of every business. Current estimates indicate that approximately 90 per cent of business failures are the result of poor cash flow. Having an effective credit policy ..

When talking with my clients, the area which causes the most concern and is perceived to hold the business back from getting to that next level is cash flow. Not only does it seem to inhibit b..

Email can be an excellent communication tool, if used effectively. If used ineffectively, there can be plenty of disadvantages, particularly when it comes to communicating with your colleagues or your..

Put your hand up if you avoid conflict and difficult conversations at every opportunity? Well, you’re not alone. The main reasons why people avoid confrontation, conflict and difficult ..

1. Have a good structured recruitment process to get the right person for the role. Include testing, both skills and personality, references and even interviews with different staff members. It is a..

Would you like to get the job done faster whilst maintaining high quality? How can you go about being more efficient in your business? If you can be more efficient in your business, it gives you th..

Happy New Year! The start of a new year is an ideal time to ensure your finances are organised and up to date. The major areas we recommend revising are: Superannuation Insurance Wills and..

If your company is like many other small to medium businesses, your employees represent both your organisation's biggest expense, and your most valuable asset. This means your company's productivi..

Well its 30 June and the end of financial year. Below are 5 'Must do's' to help you meet your end of year requirements: 1. Bank Reconciliations Make sure all bank accounts are reconciled a..

It's almost the New Financial Year - did you set yourself any New Year's business resolutions? Making new resolutions and goals always makes me feel excited about the possibilities for the comi..

We believe at PJT that good Businesses will always make Good Money. It is up to you to ensure your business is a good business. What makes a good business? Business owners actually understa..

An inclusive workplace is one where the human rights principles of fairness, respect, equality and dignity are promoted and are part of the organisation’s goals and every day behaviour. ..

All of this recent weather-related damage and loss has highlighted some alarming risks in the small-medium business sector. The flow on financial liability to the business owner and subsequent per..

By Jason Fong Residential fixed interest rates have been quietly dropping for a couple of months, however it only makes news once the majors get on board, with some 3yr rates in the high 6% ra..

Some of you may have heard about the Centro case (http://www.couriermail.com.au/business/centro-censure-hits-boards/story-e6freqmx-1226083067348), where a court found one of the nation's highest-ca..

The way in which you manage your business' assets and working capital is vital to your survival and prosperity. Effective asset management is instrumental in increasing the return your assets provi..

A normal will as most people know them is fairly straight forward. A business will is no different. You may have heard of them as a buy/sell agreement, and the best way to describe them is by ..

The federal government released the second tranche of its Stronger Super reforms yesterday. The latest draft contains legislation that would: Expand covenants for registrable superannua..

Building wealth for retirement is a priority for many investors. To assist this process, borrowing to invest – also known as gearing – is a popular way of increasing exposure to gro..

The report released as part of the Cooper Review in April 2010, disclosed that over 70 per cent of SMSFs have individual trustees. Further, it revealed that in recent years nearly 90 per cent of S..

As a Medical Practitioner, you have the option to borrow in SMSF to purchase your own rooms. One of the main benefits of borrowing within a SMSF is the ability to quickly reduce debt – SMSF..

Low-income earners are in line for a major retirement boost from a tax refund on their superannuation contributions. The move will help overcome unfairness in the tax system where low-inco..

Well it’s that time of year again when Christmas is fast approaching. Most businesses like to celebrate the end of the year and reward their staff by having a Christmas Party. In addition to..

30 June is fast approaching, which is your last chance to accelerate your tax deductions and boost your tax savings. Here are our top tax tips for business: Accelerate your deductions If..

In July 2008, the Council of Australian Governments (COAG) formally committed to the harmonisation of Work Health and Safety (WHS) laws, with a commencement date of 1 January 2012. While the ..

The historic carbon tax passed without much fanfare recently. You may be wondering how it will affect you and your business. The details The tax on carbon will come into effect on July ..

The Australian dollar over the past six months has maintained a position either above or close to parity with the United States dollar. Irrespective of this rollercoaster ride, in historical terms..

Another month has gone by with rates on hold, although most economists are predicting a drop by Christmas. The downward movement in fixed rates would certainly support this along with the competitive ..

Do you need assistance from the Government? There are plenty of grants available to help businesses, the most common being Jobs Assist, where you can receive $8,000 worth of business advice for fr..

ATT: Hospitality Employers Beginning late January 2012, the Fair Work Ombudsman (FWO) will commence a targeted compliance campaign in Queensland’s accommodation industry. The campaign will ru..

So you've decided to jump on the social media bandwagon - a wise move. Not sure where to start? The first thing to do is to set out what you want from this. Do you want to boost sales, your ..

Our client is the owner of a hotel in regional QLD. They have been trading for approximately 5 years, and employ 15 staff members. The owners purchased the business at the height of the hotel mark..

Craft beers made by independent brewers are still small players - making up 2 per cent of the market, or 6 per cent if Coopers is factored in. But their popularity is growing rapidly, as is the p..

The looming economic climate of 2012 may result in more businesses becoming insolvent in 2012. Andrew Graham, national head of business solutions says, “The Australian hotel and liquor indu..

Social media has moved beyond pure frivolousness and is now mainstream in society. Social media – Facebook, Twitter, Blogs, and LinkedIn to name a few – now plays a meaningful role for..

Obviously no one likes paying tax. Medical professionals are high income earners, and can't avoid paying it, but you can minimise how much tax you have to pay. Australia's tax system is ve..

There is one step in the customer service process that can turn your patients from merely satisfied into evangelists for your practice. It’s the step that gets ignored the most – the &lsqu..

One of the best ways to increase profits in your practice is improving your efficiencies. When your medical practice is highly efficient, you’ll have more time to dedicate to patients and in..

What Medical Services are GST free? Medical services you supply are GST-free if a Medicare benefit is payable for the service. If a Medicare benefit is not payable, the medical service you suppl..