Blog
Many newly incorporated companies that have previously been sole traders find it difficult to distinguish between company money and personal money. As a company director, you’re entitled to receive some form of income such as a salary. However, unlike... Read more
As the Treasurer foreshadowed, this is a budget of targets – a big, long-term crafted budget designed to give enough pre-election glow but with structural measures to reign in spending and reduce concessions. Highlights included: Company tax rate reduced to 25% over... Read more
Getting the right business structure in place is one of the most important business decisions you can make throughout your business lifecycle. Unfortunately, without the right business advice it can be an easy mistake to get your business structuring... Read more
Commonly, the relationship between profit and cash flow are confused. Many small business owners don’t understand the distinction between “profitability” (as presented on a Profit & Loss report) and the true health of the business from a cash flow... Read more
When your business grows, it’s a great thing. But your business can grow rapidly and without adequate planning, there may not be enough space to work efficiently. There are several things to consider when deciding to expand premises, including whether... Read more
Sounds like a bunch of boring numbers, but as of July 2016 by law anyone giving financial product advice under an Australian Financial Services Licence (AFSL) must satisfy ASIC’s training standards which are explained in Regulatory Guide 146 Licensing:... Read more
As we hurtle towards the end of the financial year, we are also fast approaching the 30 June 2016 deadline for SuperStream. If you’re a 542 client, you needn’t worry – you’re more than likely already using Xero’s... Read more
As Valentines Day is just around the corner, we’re feeling the love and keen to share it. Are you looking for a new accountant? A true partner in your business? It could be time to shift the dead weight... Read more
New year, new (business) you? We hear you! Whether you’re just starting out or growing your business, doing better business for the New Year is a top priority. In our experience we’ve found the difference between a good start... Read more
As we round out another year (and get over the fact we’ve just written that sentence), we’re excited about what 2016 holds for businesses. There’s change in the air for the world of accounting and it only means good things... Read more
