Blog

  • 01
    Dec
    2024
    Holiday makers jumping inot the beach

    Taking a Holiday as a Small Business Owner

    The Christmas break is on the horizon and a lot of small business owners are worying about how (or even if) they can get away. Running a small business is no small feat, and taking a holiday might seem like an impossible dream. But with planning and a few strategic measures, you can enjoy a […]

    READ MORE
  • 30
    Oct
    2024
    The special shopping cart key on a keyboard

    Learning How To Advertise Online

    This is a guide to get you thinking about how you can make money out of advertising on the internet. There are a lot of options but keep it simple to begin with. Pick one advertising goal and use one ad avenue and once you have some experience – branch out. Keep in mind that […]

    READ MORE
  • 30
    Sep
    2024
    An Artificial Intelligence microchip.

    AI and Accounting for Small Businesses

    Artificial Intelligence (AI) is changing the way small businesses manage accounting, automating routine tasks, improving accuracy, and providing deeper insights. But this is actually making accountants more important. Accountants are more than number crunchers; they act as business advisers. They can help you create budgets, plan for the future, and make strategic decisions that improve […]

    READ MORE
  • 27
    Aug
    2024
    A big company skyscraper.

    How Small Businesses Can Compete with Large Companies

    In today’s competitive market, small businesses often feel overshadowed by larger enterprises. In Australia big businesses are often multi national with big staffs and even bigger money. With their vast resources, extensive networks, and established brand recognition, big businesses seem to have all the advantages. However, small businesses in can not only survive but thrive […]

    READ MORE
  • 31
    Jul
    2024
    Small business owner going over records for a tax audit.

    Tax Audit Insurance: Protecting Your Small Business

    Advances in information technology (AI) means that the scope and ability of the ATO to closely and forensically examine tax returns has increased enormously. This includes current but also past tax returns. That means the ATO will use AI systems to go back through your current – but also past, tax returns and might (for […]

    READ MORE
  • 30
    Jun
    2024
    An accountant goes over a paper ledger.

    Accountants and Bookkeepers: A Guide for SMBs

    Tax time is here and most businesses are going to be looking for – or spending a lot of time with, an accountant. Here is a guide on how to get the very most from your bookkeeper and accountant. What Bookkeepers can do for you For small and medium-sized businesses (SMBs), effective bookkeeping is essential […]

    READ MORE
  • 31
    May
    2024
    A pile of paperwork for BAS

    Back to Basics: Understanding Goods and Services Tax (GST) in Australia and How to Complete Your BAS

    The Goods and Services Tax (GST) is a fundamental component of Australia’s tax system, impacting businesses of all sizes. Understanding GST compliance is essential for ensuring your business operates smoothly and avoids penalties. This guide will provide an overview of GST, compliance requirements, and practical steps on how to complete your Business Activity Statement (BAS). […]

    READ MORE
  • 01
    May
    2024
    Hands on the steering wheel. Driving to work.

    Claiming Tax Deductions For Your Work Car

    Whether you’re a business owner, freelancer, or an employee who uses a car for work purposes, understanding how to properly claim car tax deductions can significantly enhance your tax refund. In Australia, the Australian Taxation Office (ATO) allows individuals and businesses to claim expenses related to the business use of a vehicle, but knowing the […]

    • Comments: 0
    • Posted by: user
    READ MORE
  • 31
    Mar
    2024
    Blackboard about planning and strategy.

    Create a Profit Plan for Your Small Business

    A profit plan is an essential tool for any entrepreneur or small business owner striving for financial success. It serves as a road map to guide your business towards profitability by outlining what you want to achieve and how you are going to achieve it. This guide will walk you through the basic steps of […]

    READ MORE
  • 31
    Jan
    2024
    Australian bank notes with a dollar coin on top.

    Business Accounting Best Practices for Your Business

    Accounting might not be the most glamorous aspect of running a business but it’s undeniably crucial. Accurate and efficient financial management is the backbone of any successful business, providing insights that drive informed decisions and propel growth. Whether you’re a sole trader, large business, seasoned entrepreneur or just starting out, implementing strong accounting best practices […]

    READ MORE