5 things to remember when managing a redundancy
When terminating an employee by reason of redundancy, it is critical to ensure the redundancy is genuine, provide a fair consultative process and know your employee’s entitlements.
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When Christmas parties go bad: How to avoid exposure
A prominent city billboard advertisement for corporate Christmas parties includes the slogan “Nothing HR can’t sort out in the morning”. The slogan is likely to strike a chord with many employers.
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Kicked out of your own company: What to do
It happens more than we admit: Entrepreneurs get kicked out of their own companies. What to do when it happens to you.
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Build a sustainable business with your IP
IP encompasses all registered or unregistered design rights, trade marks, patents, copyright, confidential information, trade or business names, database rights, know-how and technology. IP rights are inherently invisible, but can be very valuable assets if they are properly identified and protected.
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Is it legal to monitor staff on social media after hours?
Not only can your performance at work be monitored, employers are increasingly turning to social media to monitor their staff’s personal behaviour. But what legalities do managers need to be aware of? Here’s a look.
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Are you at risk of employee fraud?
No matter what business you’re in, it can happen. Don’t get blindsided by fraud: Know when employees are likeliest to steal.
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Get some perspective on the risk of legal action
For the most part, businesses run well, employees love their job, and employers are good people. But when it goes wrong, it can go badly wrong for both. The threat of legal action has greater consequences than you think – let’s put it in perspective.
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How to protect your business from risk
The role of an SMB owner is wide-ranging and understated: CEO, general manager, accountant, HR manager, and marketer. Without the luxuries afforded to a larger organisation – such as having a risk management team – small business owners need to self-manage all risk scenarios and shortcomings in-house.
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How stop a marriage break-up from ruining a business
Nobody wants to think about it when times are good, but the break-up of a marriage can have huge consequences for business owners. While you may not want to go as far as a pre-nup, you can follow some smart advice.
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How to manage workplace theft and negligence
Controls on loss of product through theft and accident are especially important when margins are tight. SMBs are exposed to loss in a number of ways, so here are some expert tips for how this issue is best managed.
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How to be compliant this new financial year
Remember the changes announced in the Federal Budget in May? No? Well the beginning of the new financial year means that many of these measures have now commenced. Use this list of changes to ensure you’re compliant.
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Employing foreign workers: What you need to know
So, you’ve heard about Gina Rinehart’s deal to bring 1715 temporary foreign construction workers to her Roy Hill mine, but what do you know about your own ability to employ foreign workers? You may be surprised to learn that you don’t need to be a mining magnate to access highly skilled foreign workers.
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How to keep company secrets when employees move on
Consider these measures you can take to stop proprietary data from leaving with your workers.
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Using superannuation to buy your business premises: How to
As a business owner, you face the constant decision of how much to allocate to superannuation versus how much to invest in business assets. Bit, if you own your own business and also have a self managed super fund (SMSF), you can have the best of both worlds. Here’s how.
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A case for transparent employee expenses
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How to respond to an ATO Director Penalty Notice
A struggling company can quickly become a serious liability, and the flow-on effects can impact on a director’s personal assets. Here’s a look at one way a director can become liable and what can be done to avoid it.
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National Business Names Register launches
A service allowing businesses to nationally register their names in a single online process has kicked off, removing costs of up to thousands of dollars and eliminating wasted time spent registering names with various states and territories.
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Bad blood: What to do when business relationships fail
Relationships end and friendships fail, it’s a sad fact of life. But what options are there when a relationship between business shareholders is irreconcilably damaged?
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How to manage requests for flexible working arrangements
As flexible working becomes a reality for many businesses around the country, SMB owners should know their legal position in regard to employee requests for changes in work arrangements.
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Back to basics: Small business insolvency
Even profitable businesses go bust as a result of cashflow issues, tax debts or other unexpected circumstances – making it vital business owners know the basics of corporate insolvency, so they can protect themselves should anything go wrong.
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