Spotlight On: Super Strategies for Business Owners



There is no doubt you have heard a lot about the recent super reforms. With so much being said, we’ve distilled our top strategies to help you stay compliant and take advantage of the new rules.   Make voluntary personal contributions The goal posts are changing around both concessional (pre-tax) and non-concessional contributions caps. Lower super caps make it harder … Read More

2017/18 Budget changes that may affect your business.


The 2017-18 Budget has been sold as a Budget of “choices”, with the Government making some clear-cut decisions about who to reward and who to penalise. While there’s much to be said about the complete budget, we’ve reviewed the key highlights that may affect your business. Want a printable version of this infographic? Click here.   To view the full … Read More

CGT + business sales: how you can benefit at the right time

CraigBusiness Process

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We all know it takes years of hard work and effort to reap the benefits from a successful small business. If you’re considering selling your business, it’s crucial to approach it correctly or risk losing the benefits of your hard work.   Timing is critical The earlier we can establish the value of your business, the more opportunity to make … Read More

Spotlight on: Super strategies for employees


Super For Employees

As an employee, salary-sacrificing superannuation, by making before-tax super contributions, is a popular strategy for middle-to-high income earners. Salary sacrificed superannuation contributions under an effective salary sacrifice arrangement are not considered to be fringe benefits and can be a tax effective strategy for increasing personal and retirement wealth. The general principle behind salary-sacrificing into super is to increase your superannuation … Read More

How the wrong business structure can cost you millions

StuartBusiness Structures

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  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 wrong. Aside from causing operational pain, the wrong business structure can literally cost hundreds of thousands of dollars over the … Read More

Two letters, three numbers: What RG146 really means for you


shutterstock 147626675 financial advice

  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: Training of financial product advisers (RG146). The low down There are two set requirements that must be met to provide … Read More

Easy tips to manage your time better

StuartBusiness Process, Darnelle O’Brien, General

Easy tips to manage your time better 542 Partners

If small business owners weren’t running their businesses, they would make skillful jugglers because if it’s one thing small business owners do well, it’s juggle their time. Important decisions need to be made while at the same time not neglecting the day-to-day running of the business and managing emails and accounts. In our last 2½ years in business, we’ve come … Read More

How to make your business investment friendly

CraigBrett Wright, General

How to make your business investment friendly

If you’ve got an idea, or a business but the money isn’t exactly rolling in yet, it’s tough to build a thriving business. Which is why many small businesses and startups look for funding and seek out investors. Venture capital firms are comprised of private investors who research, negotiate and fund businesses in early stages of development. Even some leaders … Read More

How 542 Partners used their super fund to purchase business premises


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A growing business is a good thing. But if your business grows too rapidly and without enough planning, you can find yourself with a common growing pain: not enough space for everyone to work efficiently.   With increased orders to fill, or clients to service you may also need to find premises that accommodate bigger production facilities and storage, or … Read More

On The Record: Staying on top of small business accounting

CraigBusiness Process

inSource pic Office

Staying focused on accounting is hard for any business owner. If you don’t manage your small business accounting accurately, you can endanger the success of your business.   Our 5 accounting tips to help grow your business.   Professional vs. DIY Though many business owners act as head of accounting, sales, and marketing to cut cost, it helps to hire … Read More