There are THREE parts to effectively managing tax. Most business owners are familiar with the first two: Tax reporting that comprises preparation of a range of tax returns required by the ATO; and tax payments which are the direct result of the aforementioned tax reports.
You’ve made good progress on a key task. Then it starts. The phone rings, the emails arrive and there’s someone else at your office door. You already have a list of priorities for the day. What do you do?
The ability of some business leaders to shape a strong, harmonious and sustainable team is both an art and a science, and always impressive. The leader who has habits in place for creating a cohesive team really is worth their weight in gold.
For business owners, there’s huge potential for you to be distracted from working efficiently through your priority tasks. Distraction simply goes with the territory – think email, social media, phone calls and texts from colleagues, employees, suppliers, customers and more.
‘The power of an idea is in its implementation.’ I couldn’t agree more with business coach Michael Sheargold. It takes implementation to transform a concept into reality and to put a plan into practice, but it’s easier said than done. Effective implementation requires time, strategy, purposeful communication and follow-up.