Christmas may only roll around once a year, but this period can place a huge demand on employer and employees in some industries. It’s vital to be organised and mindful of staff stress levels. Some suggestions to help alleviate the stress of this time of year could include:
Everyone enjoys staff Christmas parties. They are a good time for staff to let their hair down and relax, but it’s also a good time to familiarise yourself, staff and management on policies for workplace Christmas parties and social events. You may feel this is being a bit over the top, but as you have a duty of care to your employees, it’s important that everyone is on the same page to ensure everyone enjoys themselves safely.
If you need assistance with understanding your obligations as an employer, including the awards and contracts, you can contact Business Advisory South West and Peel and book a free appointment to speak to one their HR consultants.
As you can see, the point of sacrificing to super is to
a) reduce taxable income
b) to increase your superannuation balance.
The new changes will allow your sacrificed income to achieve what is actually intended to be achieved.
Employers will be required to update their systems to comply with this new law from January 1.
NB: In our experience, most employers have complied with the spirit of the law as opposed to the letter of the law, so you may find your employer has already been using the new rules.
Moustaches for Movember: Hugh McDonnell, Nicholas Hodgins, Dom Papalia, Reon Tither, Justin Golds, Mitch Oliver, and Kiel Jackson
Liina Kalmet took her partner Ric out to lunch. They visited Bunbury tourist spots they’d never been to before, including the museum and heritage centre.
Sharon said she enjoyed getting her teeth into problems and solving them for the clients.
“One of our clients was on the brink of closing their doors, however we’ve been able to work with them to keep the doors open, make some changes and implement systems,” she said. “Hopefully in six months time they’ll be seeing the other side of that and come out smiling. That’s what we’d like to see. It’s about giving work life balance back to the clients. Sometimes we take the work on ourselves, or sometimes we help to streamline their day and internal processes. A good entrepreneur or successful business owner surrounds themselves with people who are experts at what they do - and they spend their time doing what they do best.”
A bookkeeper's job has a lot of scope, and there are a few things that our clients may not be aware of that our team can do for them – like call on them as back up when people are on holidays, help out with a review and implement changes to their internal systems, and carry out routine work on site.
There are challenges to the job too, many of which revolve around embracing new systems.
“Many clients want change, but they can be hesitant to embrace new technology,” Lara said. "So it's our role to show them how to do it effectively. We minimise the chaos and implement positive change."
“There are a lot of add-ons and systems which can help our clients, which means we’ve got to expose ourselves to them and keep abreast of it first,” Sharon said.
That said, our team have a few favourite programs and apps that help keep things running efficiently.
Nichelle said her favourite was Receipt Bank, an app that automates some of the bookkeeping process and streamlines the data entry.
Sharon said she loved using Xero, because it removed the need for manual data processing and was easy to teach clients to use.
“It’s the best cloud-based accounting software,” she said.
Jackie added that Xero removed the need for paper copies of documents.
“Kounta is a great point of sale system for cafes and restaurants,” Lara said. “It has a good integration into Xero.”
Our bookkeeping team work side by side with BHR’s accounting team, and are able to add extra value to what we do.
“We’re a resource that the accountants get to use too,” Sharon said. “They get a lot of questions from clients on how to do things, and the accountants can refer clients straight onto us as experts, knowing we’re going to be able to help them further. We do the same, and can double check things with the accountants. We all support each other.”
Our bookkeeping team are a valuable resource at BHR Papalia. If you'd like to know more about how they can assist your business, give us a call on 9791 5877.
Running a business requires a whole range of skills that often have nothing to do with the actual product, which makes this kind of support invaluable to small business owners. We’ve seen some great results already through Business Advisory, and are looking forward to seeing many more businesses in our community take advantage of this service to build the capacity and skills needed to grow and flourish.
Indigenous businesses provide services across South West WA as varied as cultural experiences, plumbing, professional services and health services.
The opportunities for Indigenous businesses in WA are currently growing, thanks to the WA Aboriginal Procurement Policy (APP). This policy requires government agencies to award a minimum of two per cent of contracts to registered Aboriginal businesses in the 2019-2020 financial year. Similar policies are in place in NSW, Qld and nationally.
These policies support increased opportunity for Indigenous businesses, create employment, build capacity in local communities, and strengthen the diversity of suppliers operating businesses and offering services. A diverse supplier base is important because it promotes innovation, provides multiple procurement channels for goods and services, and actively helps to build the capacity of a diverse range of suppliers.
IPS Management Consultants were proud to be recognised as Certified Supplier of the Year by Supply Nation in 2018 and 2019. We do a lot of work in this space, from the development, review and implementation of Reconciliation Action Plans for businesses across the country, to capacity building for Indigenous businesses. This year our Managing Director Kristal Kinsela-Christie wrote the first book to be published on Supplier Diversity in Australia. Supplier Diversity How is a step by step guide for government and corporate buyers looking at procuring Indigenous business, and is rapidly becoming a popular title around the country.
Kristal explains Supplier Diversity in the first paragraph of the book as follows:
Supplier Diversity is plain common sense.
Why wouldn't you want to use your procurement spend or purchasing power to buy a quality product or service, enact social change and have a positive impact on the lives of Indigenous people at the same time?
Indigenous Business Month is important to IPS Management Consultants, and to the Indigenous business community as a whole, because it recognises the breadth and depth of Indigenous business around Australia and the incredible benefits supplier diversity has to the economy and the community.