It’s tax time again, and over the next few weeks, we will be rolling out our guide to what you can and can’t claim in your Australian 2017 tax return, and tips to lodging your tax on time easy. In most cases, if you are a simple PAYG with very few deductions and you are…
Posts Tagged:lodging your payg tax return
I often meet with the owners of well-respected businesses that have great sales, they’re growing rapidly and are making substantial profits. The problem is, they have massive cash flow issues. I see this situation a lot and it’s more common than you think. If it’s not identified and managed early on, it can become a…
Somebody once said to me profit is just a matter of opinion, it’s something your accountant puts together for you when they put your financials together but cash is real, cash is king! I totally believe cash is the lifeblood of your business and understanding how cash flows through your business is one of those…
Its (EOFY) time, here is a List of must-do tasks for Business Owners. The end of the financial year is always an opportunist time to reflect on the year gone, look at the scoreboard and strategies for the year/time ahead. Regardless of what you do, if you do it honestly, then you will have more clarity…
No matter what the economic environment there is always an opportunity for growth. Unfortunately, we don’t always take advantage of that opportunity whether we want to grow to become the biggest player in our chosen market. Grow to keep pace with inflation or somewhere in between we need to focus on the critical enablers that…
In this article, I’m going to share with you some top tips I’ve learnt as an introverted accountant on how to network better when you go to a networking event. Others may find me to be an extrovert, however this has not always been the case. For the past 18 months, I’ve attended and surrounded…
Whenever I talk to business owners about their business success they’re forever talking to me about how they are increasing their sales and how well they are marketing their products or services. But while sales are really important for your business success there are many other aspects of a business to get right to truly…
Communicating is more than speaking, it’s about listening, both verbal and non-verbal. I am bi-lingual, there is no way in making me a better communicator. Communication is a trained skill like many in business. I learnt the importance of communication very early on, I often remember when we first arrived in Australia not knowing a…
Get your private business ready for sale even if you aren’t selling. 10 tips to send you on your way to adding tremendous value to your business: Most business owners know successful a outcome requires careful planning, preparation and execution. That’s why regardless whether a sale may or may not be in the near future,…
It may feel like an overwhelming task to write your business plan, but it has been proven that how well you’ve written your plan contributes markedly to your business success. The Reason Starting your own business from ground up can be difficult and demanding, so writing a business plan forces you to think thoroughly…
