Entries by Salisbury Accountants & Business Advisors

Managing Your Business in an Inflationary Environment

Many global businesses are facing increased costs.

This is not necessarily a new business challenge… but the COVID-19 pandemic is driving significant and unpredictable “price spikes”.

Let’s look at what business leaders should be thinking about in this environment.

First, what is driving these changes? 

Here are some of the important factors influencing the cost […]

Reviewing business performance

Why just reviewing top-line financial half-yearly performance is no longer enough

In our new business world, annual reporting is becoming redundant because, by the time annual results are consolidated and produced, the data is already obsolete and the market has moved on.

In the changing commercial landscape, delaying indepth business reviews until the end of […]

Superannuation investment scam alert

November 2021 phone and email scams – superannuation

The ATO is concerned about an increase in scams involving fake superannuation investments.

Scammers are phoning and emailing people, pretending to be financial advisers or super experts. They are encouraging people to invest their super in a supposedly high performing self-managed super fund (SMSF).

These scammers will […]

Starting a small business

Why now is the best time to start a small business

Bricks or clicks? 3 considerations for making the leap

There’s no question about the critical role small business plays in our economy. Visit the Australian Bureau of Statistics website and you’ll see that 98% of Australian business is made up of small and medium-sized […]

Your SMSF investment strategy

Have you reviewed your SMSF investment strategy?

Self-managed super funds (SMSFs) are required to prepare and implement an investment strategy to help meet their investment and retirement goals.

The investment strategy is not designed to be a ‘set and forget’ document but rather a strategy you continuously review to ensure you are meeting your retirement […]

7 Ways to Manage through Uncertainty

Managers usually try to keep teams focused on long-term goals and strategies.

But these are uncertain times… and leaders are challenged to find new ways to help employees feel productive, safe, engaged and motivated.

Success will involve a blend of bold, decisive decision-making and “soft skills” which we’ll explore further here.

Managers Taking Care of […]

7 Ways Leaders Inspire Change (in Challenging Times)

Humans are adaptable. That’s how we’ve survived for a long time!

No surprises, then, that people have quickly responded to COVID-imposed changes, like complying with lockdowns, wearing masks or working from home. However, sustaining these changes for a long time is much more challenging.

The problem gets more complex because we don’t know how long we […]