ATO “keeping JobKeeper payment fair”
The ATO is using its compliance resources to maintain the integrity of the JobKeeper measure.
Free succession guide for family businesses
The Australian Small Business and Family Enterprise Ombudsman, in conjunction with Family Business Australia, has released a new online guide to succession planning — the “Introductory Guide to Family Business Succession Planning” — which provides a step-by-step guide to passing the family business on to the next generation.
Strong foundations. Strong business.
You can’t build a strong business on weak foundations. Strengthening your business foundations can make a big difference to your business success, and of course, your personal prosperity… If you are looking to move your business forward, it’s important to take the time to get your business fundamentals right, and often it’s just a few…
Selling your business? A little planning now goes a long way
Even if you’re not ready to sell your business just yet, or your retirement is years away, planning and preparing your business for sale should start today. Having a sale-ready business puts you in a position of strength and ready to capitalise on opportunities as they arise.
Remaining relevant is the key to continued business success
If you want your business to remain relevant and continue to grow, it’s time to be proactive … and in our experience it’s often small and easy-to-implement actions that can significantly improve your business success (and personal prosperity). Here are THREE key considerations for business owners that can help your business remain relevant now and…
Managing your business through uncharted waters
With the “new normal” continuing to evolve in Victoria, most business owners are feeling frustrated or concerned by the lack of certainty the future holds. We’re living it too and understand the significant challenges and stress you may be experiencing. Our focus for the next few months is to help and support our clients through…
Adapting to COVID-19 – personally and professionally
Many businesses have experienced significant challenges during COVID-19 and many business owners have been personally and financially impacted as a result. There’s no doubt about it, the past few months have been tough. We want you to know we’re here to help with proactive strategies for both you and your business. Read responses to the…
Where will your income come from in retirement?
While the sale of your business may contribute to a large portion of your retirement savings, incomes in retirement can come from a number of different sources which may vary over time depending on market conditions and your personal circumstances and investment strategy. So, before you hang out the ‘For Sale’ sign, there are some…
Where does all the money go?
“My business has made a profit and yet I’m not seeing it… Where does all the money go?” This is one of the most common questions that business owners ask and it’s often a symptom of deeper cashflow or operational concerns. If you’re not sure where the money in your business is going, you are…
What’s your greatest business asset?
Your accountant is most likely your greatest business asset, and yet one which is often underutilised. As a business owner, you trust your accountant to efficiently prepare your tax and annual statements, tax returns (individual, company and/or SMSF) and BAS. However, if you limit your accountant’s input to tax and compliance services, you could be…