Should you buy a building for your business? Tired of paying rent for your commercial premises and considering buying a premises for your business? Owning a building works best if your business is well-established, you have money to invest, and … Read More
The ABCs of bookkeeping
The ABCs of bookkeeping In today’s digital times, you’re probably used to having unrivalled access to your financial numbers, key performance indicators (KPIs) and cashflow metrics. Without good bookkeeping, the speed and quality of your reporting can quickly fall down. … Read More
Using your Personality Type to your Advantage in Business
As a business owner or professional, understanding your personality type can help you maximize your success and effectiveness in the workplace. By identifying your strengths and weaknesses, you can tailor your approach to communication, decision-making, and problem-solving to align with … Read More
Running a Horse Agistment Business in Australia
Running a horse agistment business in Australia can be a rewarding and profitable venture. However, it is important to be aware of the licenses and registrations required, as well as other legal and operational considerations. In this article, we will … Read More
What you need to know from the 2023 Federal Budget
The Federal Treasurer Jim Chalmers handed down the 2023 Federal Budget on 9 May 2023. The following is a list of highlights from a tax and superannuation perspective. Businesses The instant asset write-off threshold for small businesses applying the simplified … Read More
Signs it might be time to end a business relationship.
Terminating a long-term client relationship can be a difficult decision for any business. Long-term clients are often seen as valuable assets, providing consistent revenue and stability to the business. However, there may come a time when a client relationship is … Read More
Super Guarantee Rate Rises in July to 11%
In July 2023, the superannuation guarantee statutory rate will rise to 11%. Annually, the rate is increasing by 0.5% until July 2025 when it will reach the legislated 12%. Prepare Now for the July Rate Rise Review your current superannuation … Read More
Let us help you with transitioning to digital bookkeeping
Keeping up-to-date records of your business transactions isn’t the most glamorous part of being an entrepreneur, that’s for sure. But, in reality, having accurate and up-to-date bookkeeping is actually one of the core ways to keep your finances (and your … Read More
How to maximise the value of your business
Generally speaking, an exit strategy will be put in place years before your planned exit date. This gives you time to work on your sale plan and deal with any succession issues. But more importantly, it gives you the time … Read More
Cash flow forecasting puts you back in control
We all know that positive cashflow is the beating heart of any successful business. And with so many external pressures on your cash right now, it’s important to have one eye on the future. Cashflow forecasting is an increasingly important … Read More