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Category: trade business (3)

What is break-even: Part 1

Understanding The Three Elements Of Break Even Making the decision to start your own business is a bold move that involves risk but can also come with greater rewards. As a
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Are your corporate Christmas events subject to tax?

Almost every business has an end-of-year function and/or Christmas event. You have to be careful when hosting these types of functions because Fringe Benefits Tax has a way of
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New GST Withholding Regime

From 1 July 2018 a new “GST withholding” regime commences whereby buyers of new residential premises or potential residential land will be required to withhold and remit the GST
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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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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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Where Does Your Profit Margin Put You in the Market?

This information is designed to give you insight into why it is important to decide where you want to be positioned in your market. This positioning happens through your pricing
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Financial Reports - When Did You Last Review Yours?

How often are you measuring the performance of your business?
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Why Discounting Hurts More Than It Helps

You really want to win that proposal, you want to help out a mate, your cash flow is looking dismal, so all you need to do is offer a discount right? Wrong.
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Super Contributions

It can be easy to forget about Superannuation when you’re a small business owner. When you are an employee you grow accustomed to your employer taking care of your super but once
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A Crucial Addition for your Business Success

Accounting software is a crucial function in the success of your business. Understanding how your finances stand will allow you to make intelligent, informed business decisions.
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