Anthill Magazine

‘Bean-talk’ — a golden egg for small business

Running a small business inevitably means becoming a jack of all trades, including ‘doing the books’. This, in turn, requires one to learn tricky accounting packages, spreadsheets and accounting jargon. The result is waving goodbye to your evenings, weekends and regular sleep. On the plus-side, there are ...

Plan your cashflow this holiday season – or it could get very ugly

March is consistently the worst month of the year for company insolvencies. Why? Because businesses don’t plan for the inevitable drop in cashflow over the holiday period. Tim Lea offers some great advice on how to keep all the balls in the air while you ...

Untangling the Red Tape – Standard Business Reporting starts July 2010

It is probably not news to many business owners that red tape is a pain in the neck. A typical business can have many government agencies to report to, including the Tax Office (primarily Business Activity Statement and Income Tax), ASIC, APRA, ABS as well as ...

Matthew Bourke, 2009 Anthill 30under30 Winner

What is 30under30? 30under30 is an Anthill initiative that was launched in early 2008 to encourage and promote entrepreneurship among young Australians. Each year, we invite our readers to nominate young Australian entrepreneurs deserving of recognition for their outstanding entrepreneurial endeavours. Anthill’s editorial team then trawls ...

Federal R&D Tax Credit Bill passes, more changes to come

The passage last Thursday of the Tax Laws Amendment Bill (2009 Measures no 4) represents the Rudd Government’s first significant milestone on the road to delivering a more streamlined R&D Tax Credit for innovative Australian businesses. The bill sets the foundation for the new R&D Tax ...

We Gen Ys need more dollars and sense (here’s how)

One in five people who go bankrupt are under 30 years of age. Figures from the Insolvency and Trustee Service of Australia demonstrate that Gen Ys are almost as good at spending money as our debt ridden parents. The argument going around in the media is ...

Would you like to increase your company profits by 52 percent?

Would you like to increase your company profits by 52 percent? Of course you would. But why 52 percent? Because that’s the average amount our clients have increased their profitability by after engaging SustainedAbility. Download the FACT SHEET – 5 Steps to Improving Your Profitability SustainedAbility SustainedAbility is a boutique ...

Small Business Support Line workers trained by beyondblue?

At Anthill, we do our best to provide education for ambitious business owners so that they are prepared for every obstacle on their road to success. But we also like to let you know what other assistance is available beyond the ‘Hill. Today, the Australian Federal ...

Clive Peeters’ $20m internal fraud – are you vulnerable too?

The Australian business community is still reeling from the news that a Clive Peeters employee managed to embezzle $20m before anyone noticed. The obvious question arises: is anyone safe from this kind of fraud? How is it that a company the size of Clive Peeters didn’t ...

When business is booming, but the cupboard is bare

Financial statements can be a bit of a mystery to the uninitiated. If you begin to glaze over when it comes to looking through your balance sheet, you’re not alone. We are often asked, “What’s the balance sheet for and what does it really mean?” It ...