Build your financial security with OBT Financial Group – Lockyer Valley Business of the Year recipients and specialist financial advisers to individuals, business owners and farming families on accounting, tax, business advice and wealth planning for over 40 years.
What’s the difference between Joe’s Burger Bar and a McDonald’s franchise? One is completely reliant on the owner and the other has a fully documented system of operation. Which do you think is worth more? Find out how this could apply to maximising your business value.
Archives for June 2019
Winter economic outlook
The recent Federal election will have a major influence on the economy as will government spending in the future. Read why.
Is Selling Your Business the Next Best Step
It’s a question many of us will be facing. Perhaps not now, or in the near future. But the opportunity to sell your business may come along, either planned or by chance. Whatever the circumstance, you should be ready. The sale process can be intense and happen quickly so make sure you do it right, cover your bases and prepare for a successful exit. It’s never too early to start.
Superannuation tax hints
Superannuation is a very tax-effective vehicle to save for retirement. We outline some tips to help you maximise your super.
Tax tips and tax return hints
Find out if you’re entitled to the following tax offsets (rebates) and deductions for the year ended 30 June 2019.
MYOB payroll product for microbusinesses
MYOB has launched a low-cost payroll product for micro businesses, enabling Single Touch Payroll (STP) compliance in time for the ATO’s 1 July deadline.
Stay close to your numbers
Find out how having a better understanding of your numbers helps you to make better business decisions.
New Minimum Wage announced
The Minimum Wage Panel on 30 May 2019 handed down its minimum wage decision for 2019. From the first pay period commencing on or after 1 July 2019, the National Minimum Wage will increase to $740.80 per week, or $19.49 per hour.
The CFO – A Vital Role in the Cockpit of Your Business
We explain the role of a Chief Financial Officer (CFO) and why it is important in a business and outline best practices in managing your accounting function as well as ideas on appointing a Virtual CFO to ensure strategic oversight of your finances.
