Blog
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30Oct2024
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 […]
- Tags: Advertising, Small business
- Comments: 0
- Posted by: user
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30Sep2024
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 […]
- Tags: Accounting, AI, Small business
- Comments: 0
- Posted by: user
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27Aug2024
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 […]
- Tags: Small business
- Comments: 0
- Posted by: user
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31Jul2024
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 […]
- Tags: audit, Small business, Tax
- Comments: 0
- Posted by: user
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30Jun2024
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 […]
- Tags: Bookkeeping, Small business, Tax
- Comments: 0
- Posted by: user
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31May2024
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). […]
- Tags: Bookkeeping, Small business, Tax
- Comments: 0
- Posted by: user
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01May2024
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
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31Mar2024
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 […]
- Tags: Profitability, Small business
- Comments: 0
- Posted by: user
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31Jan2024
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 […]
- Tags: Bookkeeping, cash flow, Small business, Tax
- Comments: 0
- Posted by: user
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26Jan2024
Google Ads: A Small Business Guide to Ad Campaigns
How Google Ads Works: Imagine a virtual auction held every time someone searches on Google. Businesses like yours bid on relevant keywords and the highest bidders get the prime ad spots. These ads can appear above or alongside search results, on partner websites, or even on YouTube videos. So if you are selling cakes and […]
- Tags: Advertising, Profitability, Small business
- Comments: 0
- Posted by: user