A good reason for setting your business structure up correctly is to ensure that you can become an employee to access some of the tax concessions available. As a sole…
Managing cash flow is a vital part of running a successful business. Some business owners think managing cash flow simply means keeping track of how much money enters and leaves…
For many business owners, determining the success of a business comes down to how much profit the company makes. Of course, finances are an important measure of a company’s overall…
The pains caused by a recession can be excruciating, which is why most of us dread the thought of it. A recession can mean massive layoffs, jobs becoming harder to…
Happy New Financial Year! The 2020-2021 financial year is upon us and now is the perfect time to start planning your financial strategy for the year ahead. Here are our…
For many small businesses, the best way to improve profitability is to increase turnover, as there’s no limit to sales but there is a limit to how much you can…
As small business owners look to operations after COVID-19, there are some important business questions to ask. These questions will help you determine what adaptations you want to keep, whether…
It’s tax time again – what can you claim to reduce your tax? DEDUCTIONS YOU CAN CLAIM According to the Australian Taxation Office (ATO) website, there are 4 things you…
Over the last 18 months many of us have become instant experts in online video conferencing. One of the more popular platforms is Zoom. Zoom is a cloud-based service which…
If you’re like many small business owners you’re probably astounded by how the world has changed in a very short time. While we can all hope that the pandemic is…
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