Cash Flow Problems? Consider These Tips

Cash flow is the number one reason businesses fail. If you’re in this tough position you’re not alone and we’re here to help you get back on top. We’ll outline likely causes of cash flow problems as well as tips to help you deal with them. What went wrong? Asking this simple question to better […]

What is an Outsourced CFO?

Let’s start with – what is a Chief Financial Officer (CFO)? The CFO is the person responsible for all the financial aspects of your company. The CFO will oversee those responsible within your company for maintaining accurate and timely books and keeping up with tax implications. The CFO will also provide advice and guidance when […]

Your Office Christmas Party and Tax

It’s almost that time of year again. It’s silly season, where we allow ourselves to let our hair down a little and indulge in end-of-year festivities. The celebrations may look a little different in 2020 than any other year – and depend on which state in which you live – but the tax implications and […]

Why and How to Change Business Structure

When beginning a new business, many entrepreneurs start with sole trader status. As your business grows, it may become necessary to change structures. Similarly, when purchasing a business, you may identify that the structure is not ideal and seek to make a change. There are many things to think about when it comes to changing […]

How to set and reach achievable goals

2020 has been a year of challenges, but also a year of rethinking. There’s no doubt that lots of new ideas may have passed through your mind. Whether it was rethinking your work-life balance, saving money, or shifting towards a new business plan, there are many ways in which you may have dreamed up new […]

The power of a 1-page business plan

A new business idea has sparked in your head, and you are ready to move forward? Or perhaps you have been running your business for a while and thinking of progressing to a different stage? Having a clear direction supported by exact steps is crucial for any business. And that is the exact job of […]

Record-Keeping Requirements for Business

The start of the financial year is a great time to review and understand the requirements of record-keeping for business. If you can stay on top of your record-keeping throughout the year, you’ll have less of a headache come tax time next year. Not only that, but sound record-keeping in your business will enable better […]

Maximising your tax deduction

And just like that, we are in a new financial year. The start of 2020 has been bumpy for lots of individuals and businesses, throwing a curveball and affecting not only professional but personal lives as well. Tax deductions can be overwhelming: what to claim, and how much? What about COVID-19, JobKeeper and JobSeeker stimulus? […]

How to Find a Good Accountant for My Business

While some leave it until the last minute, selecting an accountant for your business is an important exercise. It can mean the difference between comprehensive reporting and maximum tax returns and leaving money on the table. It can also ensure you receive timely, accurate advice regarding your business structure, practices, entitlements and more. Steps to […]

What Grants are Available for Businesses?

Over the past few months, there have been a range of funds and grants made available for businesses to help with the fallout of COVID-19. While some of these have closed, we’ve researched a few other avenues that may be of interest, if you’re looking for support to help you weather the storm. Indeed, the […]