By: Simon Cunningham

With the start of a new financial year looming now is a great time to prepare your business for the year ahead. Be disciplined and set aside some time to prepare an annual budget, nut out a roadmap and align your team so everyone is focused to achieve the right outcomes. At some point most founders feel the pain of a burning platform, many live constantly with the fear of running out of money before

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By: Михаил  Чуркин

Diversity may seem like the new buzz word in today's global landscape, however in a world where talent is becoming harder to retain diversity is in fact a word for all business leaders and entrepreneurs to pay attention to. Many people consider diversity to be about equality in gender and race, however it spreads further than that. To be diverse and stay ahead of the game today requires an understanding of culture on a broader

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2012

On July 1st 2014 all business owners will need to pay their employees more Superannuation (Super) as the next round of increases comes into effect. This is good news if you’re an employee, however for many startups this means less runway when increased employee costs are added to budgets and forecasts for the 2015 financial year. Employer super obligations are changing with a gradual annual increase to 12% by 1st July 2019. Currently super is

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Legal Stuff for Aussie Startups

As a director of a startup you have an obligation to being legally compliant. This means that you need to be aware of the rules and regulations and keeping up to date with changes is important. There are a few changes that will be coming into effect during 2014, here's some more info to help you keep informed. 1. Privacy Act changes due in March 2014. A new set of privacy principles related to the

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How much R&D can I claim?

If you are just starting out in business you may not be familiar with Research & Development Tax Incentives (R&D) available from the Australian government. They offer help to businesses by offsetting some of the costs of performing R&D. Many existing startups are not aware of what constitutes as research and development, therefore potentially missing out on a substantial cash injection for their business. Is my startup eligible to submit an R&D grant application? R&D projects

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Understanding an investment offer is crucial and at times it can be confusing to get your head around the numbers. Here is a simple way to look at it: If you founded your startup with lets say 2 co-founders both putting in $500 each to get it off the ground it looks like this: An investor makes you an offer of $200K for 20% of your company. A common mistake is to interpret that this

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LP at Telstra

At yesterdays 2013 Australian Digital Summit  Robert Scoble and Shel Israel spoke about  patterns that are currently emerging across the globe. In an Age of Context  they refer to 5 current forces in digital, sensors, mobile & wearable tech, location, social and big data. These forces are today what will enable highly personalised products for tomorrow. This sparks a conversation around privacy and if there is a need to change what’s taboo and what’s not.

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Most entrepreneurs are constantly head down bum up coding, developing and selling their business but as the end of the financial year fast approaches it’s time to look up and take stock of your finances. If you plan to make a claim to the government for R&D tax credits keep reading. What you may not know is, in some cases expenses must be paid before 30 June 2013. This may be the case for employee

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Whether you are a startup looking to hire a contractor or you yourself are providing a service and issuing an invoice it is important that you know your stuff to avoid finding yourself in hot water. Startup Obligations as an employer Hiring a contractor as a helping hand can be a very tempting proposition for a bootstrapped startup.  With a burning platform founders are often reluctant to commit to the hassle of employees with payroll,

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clare hallam pollenizer

It was a sunny Monday morning 14th April 2008 when I strolled across the street to embark on what was my first day at Pollenizer. A couple of weeks earlier I’d met Phil at a neighbours BBQ, we talked about Pollenizer and he shared the pain he endured in setting up MYOB and that is where it all began. In the early days I worked from home. Once a month very soon became once a

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For most  bootstrapped startups cash for a bookkeeper is often considered a luxury rather than a necessity and often only implemented when the business is well underway and the founder no longer has the time to maintain spreadsheets and a shoebox full of receipts.  Working with Pollenizer will give you access to the Finance and Ops Team who get stuck in, set up your company, open a Saasu account and an online filing system full

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