Productivity is a term associated with strong economies, robust businesses and the efficiency gains of clever staff. If only businesses were efficient, then we would have fewer of them failing, more employment and better incomes for owners and workers alike. … Read More
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Business Owners
Getting your small business tax in order
With the 2023/24 financial year now wound up, it’s time to think about submitting your tax return and making sure you have the cash reserves put aside to pay the company’s tax bill. This short guide to getting your small … Read More
New Migration Regulations – what you need to know.
New Migration Regulations: What Small Business Owners Need to Know Australia’s new Migration Amendment (Work-Related Visa Conditions) Regulations 2024 are shaking up the immigration landscape. These changes are important for small business owners as they impact both employers and the … Read More
DIY Bookkeeping and Accounting? The 5 big challenges
When you’re starting out as a small business owner, the temptation is to go DIY with your accounting. Hiring a professional accountant or tax adviser costs money and that’s an overhead that you can remove by doing all the financial … Read More
Should you buy a building for your business?
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