Business

Female manager working on tablet in factory
Geography no protection for trade marks

Evolving technology and globalisation are helping to bring more innovative and unique ideas to life. But at the same time, they are creating an ideal environment for opportunistic businesses or individuals to exploit a business’s competitive advantage for their own benefit.

Robot thinking close up
How can a robot deliver advice?

You already know my position on the over-use of “disruption” in the business world. Now I am adding robo-advice to my list of catchphrases to question.

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Webinar: Transfer of IP in a business sale

Intellectual property may not be as tangible as plant, property and equipment, but for many businesses its value exceeds the dollars on a balance sheet. When it comes to selling a business, IP can have a critical impact on the success of the deal for your clients.

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How vulnerable are Aussie brands?

Your brand is the first thing your customers recognise you for, and the last thing they remember. Redchip hosted a gathering recently to share our ideas about an important conversation we believe business advisers should be having with their clients.

Food truck in the street
What’s in a name?

Despite what many people think when starting up a business, the simple act of registering a business, company or domain name does not provide any proprietary rights.

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SBE Turnover Bill proposed changes

The existing $2M turnover test for determining whether your client is a small business entity (SBE) is no longer your only consideration, with the Government’s 2016-17 budget proposing a number of significant changes to the SBE turnover test.

Three bouquet
Why three weddings and no funerals is good news

Redchip’s annual EOFY function last week gave me a moment to reflect on the year we’ve had and the commercial landscape for the coming 12 months. In personal news, I was stoked to remind our team we’d had 3 weddings, one baby and no funerals at the firm in FY2015 – good news!

Safe lock code on safety box bank
When business confidence softens: Protect your personal assets

When the economy is perceived as unstable, business confidence falters. With an increase in bankruptcy cases also fuelling concern, personal wealth protection has become a top priority for many clients.

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Round one ends: The review finishes

Although it is fair to assume that the ATO has a reasonable suspicion of the specific tax issues relating to your client – this is not always the case. For this reason, it often pays off to have the ATO communicate to you the specific tax issue/s being investigated.

Close-up of businessman stopping the effect of domino with hand
Assets in one entity pose significant risk

We often see businesses operating under structures where their valuable assets sit within one entity. Not only does this expose them to significant risk, but they are often paying more tax than necessary and, in turn, reducing their working capital.