Working with an accountant who is also a specialist business advisor to provide specific management advice makes a lot of sense, yet only a few firms are qualified and confident enough to do so. Read why.
While customers are important, not all are alike. Classify yours to help you understand which groups represent the most value to your business and will help you identify your most profitable segments with target services and communications.
Are you meeting your Pay As You Go (PAYG) Withholding obligations? If you are running a business, you can no longer claim deductions for payments to employees or workers if you have not met your PAYG obligations. This applies to tax returns lodged for the 2020 year onwards
This article explains how the approach to sales is undergoing fundamental change as organisations gain access to data that was previously unavailable. Analysing sales performance helps us decide what to do next in terms of generating leads, product focus and improved lead times. And it is easier than ever before to track our progress and grow our revenue.
In the wake of this month’s Federal Election, our combined focus needs to be on how you can save tax before 30 June 2019! Here are 2 key areas that will affect you in the short term.
What crowdfunding means for the wealth industry Many family-owned businesses across Australia are not pre-IPO candidates nor are they willing to hand over management to venture capital or private equity firms. In the absence of any obvious transition to their children or other family members… Read More >>
Keeping good records critical to business success To help your small business keep good records and avoid mistakes, check out the ATO’s tips, tools and services. Record-keeping tips Keep all business records including income, expenses, bank and other goods and services tax (GST) records for… Read More >>
Building your legacy How to redesign your business life Business lifestyle involves balancing work with other priorities in life, developing a culture that warrants engagement and productivity as well as developing the direction for lifelong business success. While you may have a strong lifestyle currently established,… Read More >>
How can you make your business worth a larger amount when you want to sell it? Before we answer this question, remember: your business will only be worth what someone else is willing to pay for it. So, you may think it is worth $1… Read More >>
Trading names A trading name was a name used by an entity or person to trade under. A trading name is not a registered business name. The Australian Taxation Office (ATO) collected trading names before 28 May 2012. They are currently displayed on the Australian… Read More >>