DJ Grigg - Blog Breakeven Point

Breakeven Point – What’s Yours?

Understanding your business breakeven point is essential to know how much money you need to make to stay in business. It can therefore help you make well-informed financial decisions and practical business plans. The breakeven point is the income or sales needed to cover all costs. Any earnings above this point generate profit. So your […]

DJ Grigg - Blog Working From Home

NEW RULES: Working From Home Deductions

Starting in the 2022-2023 financial year, there are new rules for keeping records and calculating deductions for people who are working from home. There are now two ways to work out your deductions: the actual cost method and the revised fixed rate method. The revised fixed rate method has been changed to make it easier […]

DJ Grigg - Blog Post Cashing out Annual Leave

Cashing Out Annual Leave – Here’s the lowdown.

Are your staff asking about cashing out annual leave? There are some important rules to remember before paying out annual leave. Firstly, you must review the employee’s modern award to check that cashing out leave is explicitly allowed. Most awards allow for excess annual leave to be paid out, and we give you the general […]

DJ Grigg - Blog Post Digital and Cloud

Business Tips: Go Digital and Cloud

Transforming into a digital and cloud business sets the best possible infrastructure for future growth. And, as your business scales, the benefits of going digital will become apparent. Running your key business processes in the cloud and using the latest digital software and apps adds to your efficiency and productivity. And most importantly, digital systems […]

DJ Grigg - Blog Small Business Benchmarks

Your Business Performance vs ATO Small Business Benchmarks

Are you interested in comparing your business performance against the ATO Small business benchmarks? It can be a valuable exercise to see whether your business is performing well, on average, or lower than the benchmark figures. Each year the ATO publishes industry-based data to highlight specific ratios of financial and other types of performance. For example, […]

DJ Grigg - Blog Digital Credit Cards

Spend More Efficiently with Digital Credit Cards

Do you need to manage expenses for your business and team? Digital credit cards have been around for some years but have recently grown in popularity. Their user-friendly practicality is becoming appreciated by many business owners. How do Digital Credit Cards Work? The provider issues a digital card number in exactly the same format as […]

DJ Grigg - Blog Business Relationships

Business Relationships in Times of Crisis

Strong relationships with clients, customers, suppliers, and staff are key to business success. But in a crisis, it’s easy to focus on your own issues and neglect those important connections. Here’s how to stay connected during difficult times – because you won’t get through without strong relationships and ongoing support. Communication and contact Transparency goes […]

DJ Grigg - Blog competitive business

Stay Competitive in Your Business Industry

It’s challenging to make your business stand out from the crowd, especially in the 21st-century digital environment where large and small businesses compete for the same customers. Remaining competitive is vital for any business. If you stay ahead of your competitors and hang onto your customer base, your sales stay stable, and your revenues remain […]