Start-up businesses: Which is the right structure for you?

Start up businesses need to make one important decision from the outset – what type of business set-up will suit your enterprise best? And which structure will be best for the future? You've got a choice of four basic business structures…

10 important tips for business owners

As a business owner, there is always something to do, however many owners often spend more time working in the business than they do on the business. Here are ten simple management tips to help you maintain a successful business in good…

The unique needs of small business owners

The main reason people go into business for themselves is quite simple – to have more control. For others, wealth creation is the main focus, although small business also brings with it the higher chance of failure and loss. Is the hard work…

Good records save small businesses

According to the Australian Taxation Office (ATO) many small businesses fail due to poor record-keeping. Aside from the legal reasons, there are many financial reasons for making sure your books are in order. Every small business owner knows…
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The latest business model – because sharing is caring

With help from the internet, the latest business model is quietly turning millions of ‘average Joes’ into entrepreneurs. Uber is connecting riders with drivers through apps. Airbnb is connecting hosts with travellers looking for a place…
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What can you tell your employees about super?

It’s a common question asked by employees: “what should I do about my super?” If you are an employer or manager and feel confident of your knowledge of superannuation and investment, it can be tempting to give an answer. However, just…
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Bushfires 2019–20

Devastating bushfires have impacted large parts of Australia since late 2019. If you live in one of the identified impacted postcodes, and don't want to think about tax, we've automatically deferred any lodgments or payments you…
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6 tips for investing in property

We are often asked if it is a good time to invest in residential property. Quite simply there is no yes or no answer to this question. The real question you need to ask yourself is, “is this the right time to invest in property for me?” There…
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Renovating? Be careful not to over-capitalise.

Perhaps due to the popularity of do-it-yourself (DIY) television programs, home renovations are big business. The rewards are there, but watch out for the hidden costs – and we’re not talking about fancy tap-wear! Australians in increasing…
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Winning the debt war

The Australian Bureau of Statistics estimates that the average amount of money Australian households owe on mortgages, credit cards and personal loans combined is approximately $168,600 per household. In 2015-16 it was reported that the most…