Tax Laws + Wealth in 2019: Thoughts for the Year Ahead
There are a huge number of tax laws that may change this year as a result of the upcoming 2019 Federal Election. It’s important that you have an understanding of how these tax and other changes will affect you.
Why your Business Needs a Profit Coach
If you want to play a sport, chances are you will have a coach. So why wouldn’t you engage a Profit Coach when looking to get serious about building your business, lifestyle and wealth?
If you are not interested in working smarter rather than harder, using data to work out ways to
Accountant and Bookkeeper: What’s the Difference?
Getting the lyrics to a song completely wrong can be pretty funny sometimes, but getting the difference between an accountant and a bookkeeper incorrect is never going to be something you will laugh about.
How Sales Growth Causes Negative Cash Flow
The relentless pursuit of sales growth is universal. Yet success on a big scale often seems improbable, a mere fantasy. So improbable that the awkward questions about how to satisfy escalating demand can go ignored
Managing Your Business Cash Flow Over the Holidays
Whether your business is large or small, well-established or in start-up mode, you need to take a planned approach to managing cashflow during the holiday season. Here are few tips for keeping on top of cashflow management during the Christmas/New Year holiday period.
Recurring revenue stream — How to start it
Adding a recurring revenue stream (or two, or three!) can provide a predictable, ongoing source of income which will improve the accuracy of your projections, increase profits, and provide a buffer for any unexpected sales dips. Here are four simple ways to start earning recurring
What to do if you get a tax audit request
Worried about receiving an audit letter – an official request by the ATO to review your accounts and confirm details you have lodged to date – don’t panic. Prepare. These four steps will help you get through the process with minimal stress and the best possible outcome
What to do if you fall out of a business partnership
It’s been said that a business partnership is a lot like a marriage, and the comparison holds true when things go awry: the end of a partnership is a lot like divorce. These tips can help make separation easier – and more amicable – should your business partnership come to an end.
Pros and cons of working with family and friends in business
It can be fun and rewarding to work with family and friends. But before you hire the people you care about most, it’s wise to consider the pros and cons.
Polite ways to sack a client
Problem clients come in all shapes and sizes and can really suck your energy. The key is to remember is it’s not always in your best interest to serve everyone who walks in the door. Here’s a few ways to respectfully let go of clients who aren’t an asset for your business.
