The Federal Government has fast-tracked corporate tax-cuts for small and medium businesses with turnovers of up to $50m, introducing it to Federal Parliament. So how much tax do we have to pay? Draft laws to drop the tax rate to 26% in 2020/21, then to 25% the following year cleared the House of Representatives and…Read More
October is Small Business Month, an initiative by the NSW State Government to support small businesses that make up 50% of Australia’s workforce. We’re really impressed with the business podcast series, Flying Solo, that includes interviews with business owners who have cracked their market to navigate some of the challenges of balancing business and lifestyle.Read More
Mitch and Matt Faulkner are cousins, and they established Onyx Coffee Spirits in 2012 with their friends of four decades, Pete the distiller and Scaysey and Ini the coffee brewers. It started with a taste for coffee, a flair for cocktails and an observation of market demand for both. “Mitch, Scaysey and Ini have been…Read More
Single Touch Payroll legislation will require small businesses to use cloud software next year. With this in mind, David Evers and Troy Marchant recently attended the Xerocon 2018 event in Brisbane with thousands of Accountants, Bookkeepers and Small Business owners and they were pleased to see that technology is helping business owners find time for…Read More
There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory.”Read More
In a lot of situations, hiring a contractor to get a particular job done makes perfect sense. It may require expertise or skills none of your employees has. You may only need someone for a short timeframe to clear a backlog of work. Or maybe you just want to avoid having to go through a formal recruitment process.Read More
Most people choose to see a financial adviser at significant turning points in their life, according to David Evers from Gosford Accounting and Financial Planning firm Robson Partners.
David Evers says “I usually see people set up a meeting for advice when starting work or changing jobs and looking at superannuation options.”Read More
Proper forecasting is essential for the long-term success of your business – particularly when it comes to cashflow.
Cashflow is generally cited by the small business owners I work with, as their NUMBER ONE concern. Many are regularly caught unaware by cashflow shortages, a situation which in turn severely restricts their ability to grow their business as they’d like.Read More