Beware the debt trap that comes with optimism
According to a newly released report from Dun and Bradstreet, Australia is feeling more settled and optimistic. Interest rates are low, housing prices are on the rise, personal savings have increased and there's a general feeling of business confidence that's...
read moreWhat can I claim on my tax?
A business owners and tax payer's guide One of the most common questions we answer around tax time is "can I claim this on my tax". If the answer is a no, then it's "why not?" So I thought I'd take the time to clear some questions for those who don't already know the...
read more4 benefits of online accounting
A recent study by the Australian Bureau of Statistics shows that 1 in 7 (roughly 14%) of small and medium sized businesses aren't yet using basic IT for their day-to-day accounting processes. And we think it's probably a bit higher - maybe one in four or five (20-25%)...
read moreIs your accounts filing system an old shoe box?
Now that we've become a Xero certified advisor, we thought it was time to talk about what else is available to you in the world of online accounting for small business. Being a business owner is often hard graft and anything that saves you time or money is often a...
read moreIs your accounts filing system an old shoe box?
Now that we've become a Xero certified advisor, we thought it was time to talk about what else is available to you in the world of online accounting for small business. Being a business owner is often hard graft and anything that saves you time or money is often a...
read moreKnowing your numbers
Why it's critical for your business It can be really daunting getting your head around your business' financials, especially if you're just starting-up. But there's really no need to worry - unless you're ignoring your numbers! Ignorance isn't bliss - more so as far...
read moreSham Contracting – are you at risk?
Watch out small business owners - we've got another crack down targeting small business to add to the ATO's hit list that we wrote about previously - 'sham' contracting. A NSW transport business has recently been handed a record fine of $286,704 for engaging in sham...
read moreThe 2013-14 ATO hit list
Happy new financial year! With the start of 2013-14 tax year the ATO is under even more pressure from the government to boost revenue. So, the ATO is planning on taking "firm action" against people who they see as 'cheating' the system. But the good news is, the...
read moreBusiness investors & buyers – what do they look for?
Last blog we wrote about the top things you need to do in order to be heading in the direction of having your business be considered as an ideal investment. This week we thought we'd take that a little further and look at what investors and buyers look for, in greater...
read moreKnow what you do and why then do the important work
The only two things you need to get a business start-up off the ground A couple of weeks ago, I came across a business show called Be Your Own Boss. It's essentially a much more friendly version of Dragon's Den that aired a decade or so ago. Based in the UK, angel...
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