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What to consider before buying a business

Are you considering buying a business? Before you take the big leap and sign the paperwork, there are a few things that are well worth considering.

  Are you considering buying a business? Before you take the big leap and sign the paperwork, there are a few things that are well worth considering. Starting a new busi…

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Accountant, bookkeeper and tax agent – what’s the difference?

These 3 terms are often used interchangeably, but they each offer quite different services and play unique and valuable roles within your business!

  As a small business owner, you’re expected to wrap your head around all aspects of the business, even the things you may have no background in or no interest in. One of these…

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Ways you can improve your budgeting and forecasting

Here are some of our top tips on how you can improve your business’s budgeting and forecasting.

As a business owner, budgeting and forecasting are both extremely important elements that can help you accurately plan for your business’s future.  With the right strategy and pro…

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Using your mistakes to your advantage

Learning to use your mistakes to gain insight and learn more about your business can be a great way to make the absolute most of a bad situation!

Whether you have been managing your business for years or you’re only just getting started, money management can be tricky business, no matter how savvy and clued-up you are about…

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The Fear Factor

Let’s dive into the most common accounting fears that businesses’ deal with, and how to face them.

Being a business owner inherently comes with risk. And with risk, comes fear. So let’s dive into the most common accounting fears that businesses’ deal with, and how to face th…

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Getting Clients to Pay on Time

Here are some ways to encourage your customers and clients to pay their bills on time.

Having a successful and well-functioning business heavily relies on cashflow. For cashflow to happen, you need people to pay their bills. Your business offers a product or service…

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Accounting terms: the basics

Some accounting terms to help you muddle through the accounting world

Not everyone can be an accountant. But plenty of small business owners find themselves having to navigate through our world. Whether it be to actually do the accounting, which is …

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Business New Year’s Resolutions 2021

Our favourite 2021 must-do’s in order to give your business the chance it deserves in the new year!

Need some inspiration on what to do to set your business up for success in 2021? Luckily that’s what resolutions are for. We have made things easy for you and have compiled a l…

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Slow Season vs Small Business

The slow season can be a stressful time for a small business. But with some planning and imagination, plenty of positives can be created.

As Christmas and New Year’s rapidly approach, many small business owners are faced with a quiet few months. As many people take much needed time off for a break, to explore our go…

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How to set your business up for success during silly season

Our best business accounting tips to help you see through the silly season!

It’s been a strange year for all, but regardless, Christmas time comes with both its gifts and challenges for businesses. For retailers, it’s the busiest and most hectic time of y…

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Should your small business have public liability insurance?

If you own a small business, do you really need Public Liability Insurance? The short answer is yes.

If you own a small business, do you really need Public Liability Insurance? The short answer is yes. If you are a small business owner, you already have plenty on your pla…

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All you need to know about auditing

Auditing is very important in the accounting world and take place by examining and verifying a company’s financial records to make sure that transactions are represented fairly and accurately.

Auditing is the objective examination and evaluation of a company’s financial statements. This is usually performed by an external third party but can also occur with internal par…

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Let’s Talk About Cashflow

The success of a business is often measured using cashflow, as it is a key indicator of financial health and of a business is viable and successful - read more here!

Cashflow is extremely important for businesses of all sizes. It is basically the net change in your company’s cash position from one time period to the next. If your incoming cash …

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JobKeeper Payment Extension

Our breakdown of the new JobKeeper extension

With the ever-changing job climate brought on by the COVID-19 pandemic, it’s really important to keep up to date with any updates the Australian Government provides. Earlier in t…

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5 things to ask your accountant that can help your business save

There is never a wrong time to start asking the right questions to your accountant about how your business can better save.

Whether you have just hired a business accountant, are switching accountants, already have an accountant or are just considering it, there is never a wrong time to start asking th…

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How to keep personal and business finances separate

If you haven’t got that clear line between your business finance and personal finance established yet, don’t stress! It’s never too late to start.

It’s easier than you’d think to get your business finances and personal finances mixed up. No matter the size of your business, it is always a good idea to keep business finance a…

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How to transition from in-house to outsourced accounting

Our top tips on how to smoothly transition your business from in-house accounting to outsourced accounting

If your business is starting to grow, self-managing your finances can start to be difficult and overwhelming. It’s not uncommon for businesses who start out doing their accounting…

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The biggest EOFY mistakes businesses make

There are a handful of mistakes commonly made by businesses at the end of the financial year that are well worth keeping your eye out for.

The end of the financial year has a habit of creeping up on us, but it’s not a time you want your business to enter unprepared. There are a handful of mistakes commonly made b…

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Taxable Payments Annual Report

TPAR is the third party reporting of particular tax related information to the ATO by suppliers of certain services.

Taxable Payments Annual Report Running a successful small business can be an extremely rewarding endeavour. However, it does come with its fair share of challenges. There are s…

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Top tips on the hottest tax deductions

Here are a few different things that are worth claiming in your tax return that you might not know about!

Top tips on the hottest tax deductions One of the best and easiest ways to help with your personal tax return and give it a little boost is to take advantage of all the differe…

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