Ron Swanson and the importance of prioritising tasks
As a business owner, you likely have 1000 things to get done at any one time, all fighting for your attention and taking up little pieces of your concentration. Of course, this is
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Six tips to help your trade business soar
Here are 6 tips for improving some of the areas in your business that may need help.
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Release yourself from the tie of Bad Debt
There is a famous quote that says: “A business can go broke while making a profit.” If this were to happen to your business, it would indicate poor cash-flows. Cash-flow is vital
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EOFY Reporting and Lodgement Requirements
It is 30 June 2017 and there are certain reporting and lodgement requirements that need to be carried out at year-end. If your business pays wages and/or pays contractors, there
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Job Costing: How to maximise your profit
Job costing is the best way for you to increase your profit and cash flow. This means you need to track the profit of individual jobs. For example, any single job may involve
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2017 Budget Updates: GST and Superannuation
The Federal Treasurer, Scott Morrison has delivered his second budget. Mr Morrison said the budget is focused on boosting the economy and households, so that we live within our
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Business Budget: How useful is it for your business?
June quarter is when many entities create a budget by estimating business income and expenses for the next financial year. Ideally, the budget is then used to compare the actual
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3 Ways to Reduce Bad Debtors
The construction industry is currently going through a volatile phase. There have been numerous builders going into administration in the last few months and this has left a lot
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Tax planning for Tradies
Tax Planning If you operate a business, you may be able to claim more tax back on that new ute than you thought. In the 2016-17 budget, the Government announced a change in the
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Bookkeeping For Tradies
The most important function in your trade business is your accounts and bookkeeping function. To enable you to focus on managing your business, you need to have adequate systems
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