How To – Growing Your Business
Growing your business means more cash for you now plus a higher sale price in the future when you decide to eventually sell your business.
Why it’s time high time you took your tradie business into the digital era
It’s time for guys and gals on the tools to get with the program and take their tradie business digital, writes Michael Savanis, Chief Revenue Officer at NextMinute. Is your tradie business still operating in analogue mode – hand-written quotes and invoices, shoebox accounting and a stash of bills and receipts stuffed in the glovebox of…
Action Required – Urgent for Trusts: Avoid extra tax with a Trust Distribution Resolution before 30 June 2026
Do you have a Discretionary Trust, also known as a Family Trust? If yes, you MUST keep reading!
Cap Tax using a Bucket Company
In the lead up to 30 June 2021, we want you to know why using a “bucket company” can be a great strategy for saving tax on trust profits distributed.
Try these ten ways to become more money savvy and achieve financial freedom
Try these ten ways to become more money savvy and achieve financial freedom Money is considered a socially taboo topic so it’s often tricky to know if you are on the right track to achieve financial fitness, writes Pheobe Blamey author of The Happy Money Journey. All too often we leave money matters to our…
Time is Money
Time is money: How and where should business owners spend their time to succeed? There is one resource that we are all given equally: time. What you do with yours in business can be the difference between success, failure, or plain old mediocrity, writes Alan Manly author of The Unlikely Entrepreneur. Many business owners decry a lack…
10 biggest mistakes entrepreneurs make and how to sidestep them
10 biggest mistakes entrepreneurs make and how to sidestep them According to the Australian Bureau of Statistics more than 60 per cent of small businesses in Australia close within the first three years, which is often the result of common mistakes made along the way, writes Damian Blumenkranc, a serial entrepreneur and the communications…
Christmas Party – Can I Claim a Tax Deduction.
You may be planning a party or similar event (e.g. a bowls day) for your employees. CMA Accounting and Taxation Services has reminded employers to make sure they consider the fringe benefits tax (FBT) implications of the party or other event. These will depend on: The amount you spend on each employee; When and…