Module 10 Flashcards
What standards do you need to ensure compliance with when setting up and selecting an office premises
Health and safety act 2015, shop,trading hours 1990, planning regulations, building code clauses
When is it common to work from home
Sole practitioner
What are the benefits of working from home
Overhead costs are lower, tax deductions are possible on personal housing costs, these are also normally possible for those who are employees
What is a business assest
Current assets, fixed asset and intangible assets
What are the negatives of working from home
Inviting clients to your house is not always a professional look. In growing your business, employing others, extending service, expanding client will need a larger and more public office premise
What is a current asset
Cash in your bank account, accounts receivable (money)
What is an intangible asset
Patents from copyrights, designs, trademarks, secret formulae’s or processes
What is a fixed asset
Items you have purchased to run your business. Must be $500 or more and have a useful life over 1 year. The costs can’t be claimed in full as a business expense
What you should you consider when purchasing a fixed asset
Hire or purchase lease arrangement. Impacts overhead costs and cashflow management.
If you own your own building you can claim depreciation deductions in your tax return for commercial premise
To find the Depreciation of business asset you need to know:
Date you got the asset
To calculate depreciation; cost or adjusted value, business use percentage, depreciation method, disposal date
What are the depreciation methods
Diminishing value (DV) and straight line (SL)
What are workplace policies
Relates to the systems, rules, procedures that guide your employees and the operation of the business - sits with an office manual
What is an office manual
Core business operations, delivering services at a high ethical standard
What should practice systems include
Drawing and documentation standards, quality assurance checklists, standard project forms - RFIs etc.
What is key to the practice systems and office manual
That is is accessible for all staff, concise and clearly distinguish guidance to employers requirements of them
Practice systems involve deciding a filing structure, what are some options
Paperperless? - 100% digital and saved to an internal sever
A mix of paper and digital?
What should you consider when deciding a filing system
Sustainablility objectives, environmental objectives, practice location, client type
What are the options for it services?
Hire an it contractor, provide the service in house to troubleshoot any information management and tech questions
What can the BIM manual include
BIm workflow of the practice, training and upksilling for staff, troubleshooting software,how to share cad models with external organisations
What does a BIM manual/ system also require
A BIM/CAD manager who has expertise in managing the BIm workflow of the practice
Following the BIM systems, what else needs to be considered
What lisvences and software the firm will use - what the costs of these are and how they will impact the overhead costs of your business
What are some additional systems internally that you may consider
Sample libraries, product technical information libraries, archive of standard details, model making space - make sure there is strorage and space for these libraries and stores
How do quality and risk management systems work with your office manual and systems
They are complimentary
What do risk management and quality management systems do
Minimising and mitigating potential risks that could breach employment law, planning and building regulations with the aim to protect the practice and its employees from future claims and disputes
