Business Insights Archives - Page 2 of 2

RSM Australia: 2021-22 Federal Budget – A missed flight for the tourism & hospitality industry

What about me? The “Me” I refer to is the tourism and hospitality industry, which could be forgiven for recalling the lyrics to Moving Pictures 1981 hit when reviewing the most recent federal budget (or for those more contemporary readers, Shannon Noll released his own version in 2004). This budget…

Melissa CarmichaelMay 17, 2021

Business Insights

RSM Australia: JobKeeper has ended – What’s next for tourism and hospitality cash flow?

Cash Flow Management One of the key success factors for a sustainable business model is effective cash flow management. On the flip side, if a business consistently spends more than it earns, this can lead to cash flow issues and potentially, business failure. Debt management is critical with certain debts…

Melissa CarmichaelApril 14, 2021

Business Insights

RSM Australia: Payroll & Rostering – Looking beyond Single Touch Payroll

In recent years, business owners have been inundated with information on Single Touch Payroll (STP), however, as we close in on 12 months since STP became mandatory, it’s time to look at other aspects of payroll software that can help add value to your business. In the competitive landscape of…

Melissa CarmichaelMarch 9, 2021

Business Insights

RSM Australia: Selling your tourism or hospitality business and paying no tax

When selling your business there are a number of key areas that should be addressed in order to get the best outcome for you. The structure of your business It’s always important to look at the structure of your business, from the moment you set up to the moment you…

Melissa CarmichaelFebruary 11, 2021

Business Insights

RSM Australia: Major Players in the World of Cloud Accounting

With the ever-changing tourism landscape and how we interact with each other, having cloud software for your business today is key. Cashbook and accounting software Xero has been a major player in the Cloud accounting software market for many years now. Founded in New Zealand in 2006, the program was one…

Melissa CarmichaelJanuary 19, 2021

Business Insights

Cashless Transactions: The Way of the Future?

Selecting and implementing the right technology in your business can be overwhelming and confusing. As technology continues to advance, the choices become endless and it is understandable many businesses choose to throw it in the ‘too hard basket’ and continue doing business the way they have done in the past.…

adminDecember 11, 2020

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MRBTA honours the traditional owners of this land, the Wadandi (Saltwater) people, and their elders past, present and emerging. We acknowledge the Wadandi people’s 60,000-year custodianship of this special place, and we thank the them for generously sharing with us their immensely deep cultural knowledge and connection to the land.