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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Boosting Profit For Trade Businesses

Boosting profit should be the main aim of a business owner. Whether you have a trade business or you operate in another industry, you should have the goal of boosting the profit
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Xero Applications for Construction and Trade Industry

Following on from our previous post about management software, we look at the top rated Xero apps used by businesses in construction industry. What are some of the applications
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Management Software for Trade Businesses

Are you searching for the best management software for your trade-related business? There are so many options when it comes to management software or add-on products for your
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End Of Year Tax

Your trading entities’ 2016 Financials and Income Tax Returns should now be ready for processing. If you’re finding yourself feeling anxious and dreading the annual visit to the
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Reporting and Lodgement Requirements

The new 2017 Financial year has begun and if your business pays wages and/or pays contractors, there are a number of reports that need to be issued and/or lodged for the
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Exit Strategies For Business Owners

The first thing a business owner should consider when going into business, is the available exit strategies. Setting up a strategy to exit your business should be planned from the
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