If you are ‘pressing go’ on your new business, what are the key elements to have in place before you begin trading? The complexity of your operational model will vary greatly, depending on the kind of business you’re setting up. … Read More
Retail’s online boom: Are you getting a slice of the action?
In 2021, retail e-commerce sales amounted to approximately 4.9 trillion U.S. dollars worldwide, according to research by Statistica. At the same time spending at physical stores has dropped. While that was strongly influenced by Covid restrictions and distancing measures, the … Read More
Farm Accounting – 10 tips for success
Farming businesses have unique accounting needs. The specific challenges you face in running a successful and thriving farm, require tailored business advice that goes beyond simply tax and accounting needs. Not many other businesses rely on living produce and have … Read More
Hiring Employees for your Startup Business
When setting up your new venture, the people you hire may well become the most important assets in your business. They’re your trusted workforce, the face of your new brand and the people you’ve entrusted with getting your business idea … Read More
Offering Salary Incentives to Staff
Are you thinking about offering incentives to staff in the form of salary packages? Sometimes the terms ‘salary sacrifice’ and ‘salary packaging’ are used interchangeably, but there are differences between the two. A salary sacrifice is when the employee chooses … Read More
Has your ABN been cancelled without your knowledge?
Is your ABN still active? The ATO has brought in an automated cancellation notification service for potentially inactive Australian Business Numbers (ABNs). If you haven’t had any business activity or are behind in getting your activity statements lodged, the ATO … Read More
Understanding the Basics of Business Taxes
Understanding the Basics of Business Taxes Different business structures pay taxes in different ways. Although there are many taxes that a business might be affected by, the main ones are goods and services tax, income tax, pay as you go … Read More
Xero Bookkeeper Canberra ACT
Ascend Solutions provides your Canberra business with peace of mind, knowing that your Xero Bookkeeping is taken care by Certified and Professional Xero Bookkeepers. Your Canberra Xero Bookkeeper is certified in the latest updates and Xero best-practice Our team of … Read More
Franchise Accounting Canberra
Did you know that there are now more than 30,000 private sector businesses now operating in the nation’s capital, Canberra, and employs nearly 2/3 of Canberra’s workforce? This figure has risen by 800 new firms throughout 2021, despite the impact … Read More
5 goal-setting tips for the year
5 goal-setting tips for the year Wouldn’t it be great to have your best year ever, this year? Whether you want to grow your business or take more time for yourself, these goal-setting tips can help you achieve your long-term … Read More