Avoiding penalties on presents and parties
Christmas can be a tricky time when it comes to tax and there are lots of ways your business might land an unexpected tax bill. The staff Christmas party isn’t…
Recharging for Success
As a small business owner, you may find it difficult to justify taking time off. After all, your business demands your attention, and you worry what will happen if you…
From hands-on to hands-off: tips for a self-sustaining business
Owning and running a small business can often feel like juggling flaming torches, while riding a unicycle on a high wire—you’re constantly managing multiple tasks, with each one demanding your…
Succession planning – More than an exit strategy
Although the day may be a long way off, when it comes to exiting your business, the golden rule is to start planning early. With a detailed succession plan in…
Which business structure is best?
A catchy business name, a trustworthy brand and an engaging website or social media presence are all vital to any small business. But don’t underestimate the effect of the business…
Which business structure is best?
A catchy business name, a trustworthy brand and an engaging website or social media presence are all vital to any small business. But don’t underestimate the effect of the business…
Managing risk when growing your business
It’s a risky business being in business for yourself, so knowing how to identify and manage risk is an important part of running a thriving business. Anything that impedes a…
Navigating FBT and your obligations
Businesses looking to attract and retain staff often provide employee benefits, on top of salary, as a way to sweeten the deal. Many of these benefits (but not all) can…
9 tips for improving your profits
There are many advantages to running a small business. You have the flexibility and independence to make your own decisions, you can turn your vision into a reality and then…
Making sure your deductions don’t get personal
It can be easy to overlook your personal use of business assets when it comes to completing your business and self managed super fund tax returns but be warned, the…