Tax Planning: The Missing Link in Business Profitability
Tax Planning: The Missing Link in Business Profitability When business owners think about tax planning, it often falls into the “necessary evil” category—important, but far from inspiring. Yet, tax planning is one of the most powerful tools for building a business that is both profitable and resilient. Let’s reframe the conversation. Tax planning isn’t just […]
The Business Case for Prioritising Profit: The Key to Long-Term Financial Success
The financial health of a business isn’t just measured by revenue – it’s measured by what’s left after the bills are paid, the taxes are lodged, and the employees are compensated.
9 Money Rules to Build Wealth
Everyday we all face having to make decisions around money. Should I pay off my debt, should I buy a house, should I invest in the stock market, property, whatever, the list goes on. To make the kind of life-changing wealth we want, we need to start by narrowing down on our options so we […]
Dividends
Today we are talking all things dividends. If you have a company within your structure and want to understand better how dividends work to save you tax and manage your wealth, then this article is for you. With the tax planning season well and truly in swing, understanding how the payment of dividends work is […]
Everything You Need to Know About Companies
I love companies. Of all the structures available to businesses in Australia, companies are by far and away my favourite. Today I’m going to try and make you love them as much as I do. So what is a company? To understand what a company or a “corporate form” is means understanding 2 key concepts. […]
9 Ways to Guarantee a Cashflow Problem in Your Business
I have a pretty dry sense of humour, and hopefully you take the approach taken with this week’s topic in the spirit in which it is intended…with humour. Yes these are serious problems, but sometimes, we need to view them from a different stand point and humour can help. There are so many problem solvers […]
Hiring Your First Employee
Right, so a question I get asked A LOT is around hiring your first employee. When to do it, how to afford it, which role to recruit for first? So if these are some of the questions which have been keeping you awake at night, then this article is for you. We will start at […]
FBT on cars
Hi, today we’re talking about ways to save you money so you can spend it on other things. Are you in the market for a new car and you own a business? Wouldn’t it be great to buy it through the business? You can claim all the expenses, you can claim the interest on the […]
Tax Tips 2024
Let’s not miss out on tax planning opportunities in 2024 by missing the deadline! Today we will be looking at using these strategies to help with planning for and reducing taxes: using losses to help reduce tax, deferring income, using negative gearing and investments and reviewing your business structure. We’ll also quickly look at when […]
Money Management Tips for Small Business
Money Management Advice for Small Business in Australia Ever wondered why the failure rate of businesses is so high? Are you too afraid to start your own business because you’re worried about failing? Do you lie in bed at night worrying about how to manage the cash in your business? Don’t worry, because today I […]