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Practical accounting, tax and business advisory insights for Melbourne, Sydney and Gold Coast owners – SMSF, BAS, compliance and growth strategies.

New business startup what to do!

By |2024-02-27T15:32:09+11:0030/01/2022|Categories: Accounting & Business Insights, Business Growth & Scaling|Tags: , , |

Starting out in a new business and being your small business startup journey I remember many years ago how exciting it was to begin the small business journey. It has been a journey twenty years later that's is full of ups and downs, fun and pain and plenty of laughs. Twenty years in and I have no regrets. In fact, anyone that can do it, should. Yes like all of us I have made some dumb decisions but I don't have any regrets? No way, in fact, I have also made some good decisions too. There have been a lot [...] READ MORE

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What happens to my business when I die?

By |2024-02-27T15:44:12+11:0029/01/2022|Categories: Accounting & Business Insights, Estate Planning|Tags: , , |

When I die what happens to my business and my affairs? Will my business continue or just stop? If you were running as a sole trader and you die, in most cases, your legal personal representative will step in . It is their role to manage your business. They can assess if the business needs to be wound up, sold or transferred to a beneficiary. Your business asset forms part of the assets of the estate. Therefore legally executed will , can help give certainty to your wishes. Many clients are unsure of the process of what happens once they [...] READ MORE

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A smart Cashflow Strategy will generate better business profits!

By |2022-05-07T04:21:37+10:0027/01/2022|Categories: Accounting & Business Insights, Business Growth & Scaling|Tags: , , , |

For many businesses, cash flow is an issue that holds the business back. But, unfortunately, there never seems like there is never enough cash when you need it. With Christmas around the corner, it’s time to plan. Naturally, a business owner will not want to reduce their cash balance unnecessarily at this time. But, on the other hand, an increase in cash into the business can make life easier and lower the cost of financing. Moreover, squiring the money now can pay dividends in the post-festive month of January. How to reduce cashflow leaks  To help you preserve or increase [...] READ MORE

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Why success will outdo failure every time

By |2022-01-18T01:39:27+11:0017/01/2022|Categories: Accounting & Business Insights, Business Growth & Scaling|Tags: , , |

Are you taking a giant step to make a difference or falling into a black hole? The fear of failure has killed more dreams than all other fears combined. The fear of failure is insidious because it's mainly in your imagination. It can also prevent you from trying new ideas, growing and trying something new. Fear guarantees failure. Interestingly, young children have no concept of failure. They couldn't care less if they failed to do something. They just try again. There are no negative thoughts or emotions involved. They just keep on going. Having hesitations is essential, which leads to [...] READ MORE

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Victoria Australia 3204
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