The age-old saying “Cash is king” has been with us for decades. Historically, the concept has often been used to explain business failures. Without an adequate source of cash on hand, it is all too …
5 Reasons Why You Should Buy Local And Support Small Business
For two decades now, the local small business has been an endangered species, caught between major retail chains and the remorseless pressure from landlords to squeeze higher rents out of their …
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Should You Lease or Buy Equipment for Your Business?
Can’t decide whether to lease or buy the equipment you need for your small business? Don’t worry, asking yourself these six questions will help you decide… It doesn’t matter what line of work …
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5 mistakes to avoid at tax time
#1 – Mixing personal expenses with business This a huge burden on businesses at tax time. The amount of time that is spent separating personal and business expenses is phenomenal. To relieve this …
5 mistakes to avoid when choosing an accountant
#1 – Choosing an accountant based on price This is #1 for a reason! Do you know how much you are being charged? Are you being charged a low fee, only for them to charge like wounded bulls …
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Single Touch Payroll – What is it? Is my Business affected?
What is single touch payroll? Single Touch Payroll Reporting (STPR) is a legislated requirement which will see the ATO collect payroll data in real time. This will create significant changes for …
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