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Safeguard your assets with an asset protection plan

Asset protection refers to the strategies used to safeguard wealth and assets from potential risks, such as lawsuits, creditors, and financial downturns. Asset protection aims to create a barrier between …

Why you could be disqualified as the Trustee of your SMSF

The Commissioner of Taxation wields considerable authority under subsection 126A(2) of the Superannuation Industry Supervision Act 1993. Under this act, the ATO Commissioner is authorized to disqualify individuals from acting …

The ultimate guide to improving business cash flow

In the business world, cash flow remains the lifeblood that keeps your operations running smoothly. Whether you’re a start-up finding your feet or a seasoned business, maintaining a steady cash …

5 essential steps to crafting a solid business plan

So, you have a great idea. You have dreamed of how it can work and everything adds up in your mind. You are confident that it could grown into a …

Apply now for the Xero Beautiful Business Fund!

Xero Beautiful Business Fund applications are now open! Xero recently announced the launch of the Xero Beautiful Business Fund. Itʼs their new initiative, backing small businesses for the future. What …

Navigating financial pressure: a guide to asset liquidation for your business

Every business encounters financial challenges at one point or another. But when the going gets tough, just remember that you’re not without options. One practical strategy that can help you …

The benefits of helping your staff with financial stress

According to a recent survey from PwC, 60% of full-time employees are stressed about their finances, and more than half reported that this stress impacted their sleep, mental health, and self-esteem. It’s …

Validate your new business idea with market research

Assessing the viability of your new idea is an essential part of market research. While seeking input from friends and family is common, gathering information from the market itself can …

10 concepts every small business owner needs to understand

Even if you have outsourced your financial functions, as a small business owner, it is crucial to have a solid understanding of key financial concepts to work with your advisor …

Choosing the right business structure

Here are seven reasons why it’s critical to use the correct structure for your business: Liability Protection: Some businesses, such as companies, offer limited liability protection. This means the business …

How can social media help grow your business?

As a business owner, it’s crucial to understand the power of social media marketing. Social media platforms provide an opportunity for businesses, no matter the size, to reach a larger …

Launching a business? Ask these 9 questions

Starting a new business can be incredibly exciting, but it’s important to thoroughly evaluate your business idea before taking the plunge to ensure you’re creating a sustainable and successful venture. …

Managing Money and Mental Illness

Living with a mental illness can be challenging, and one aspect of life that may seem particularly daunting is managing your finances. The stress and unpredictability associated with mental health …

The pros and cons of selling your business to an employee

As a business owner, the thought of selling your company can be quite daunting. You’ve poured your heart and soul into building it, and it’s crucial the company continues to …

Debt management tips for small business owners

For a small business owner, managing finances can be a daunting task. Keeping track of expenses, payments, and cash flow can be overwhelming, especially if you’re dealing with debt too. …

Are you feeling the squeeze?

It seems like the perfect storm has hit, with rising interest rates and inflation soaring. As a result, households are dealing with higher borrowing costs, leaving them with less disposable …

How to safeguard your business from employee expense fraud

As a small business owner, you always look to keep your business running efficiently. Expense reimbursement fraud is the last thing you want to face. Not only can it hurt …

Claiming crypto losses on tax, and how to work out capital gains

So, you’ve bought crypto. You’re not alone. Though the statistics are inexact, some surveys suggest as many as 21% of Australian adults now own crypto assets (and that a further 8% have …

Using tax incentives to lift productivity

Two new innovation-focused tax incentives were legislated recently: the Technology Investment Boost and the Skills and Training Boost. Whether these have a material impact on innovation and productivity relies on …

How to fill the skills gap.

Australia’s skills shortage remains a challenge for employers, with businesses now more willing to explore different avenues of finding talent, including taking on retirees. A survey by recruiter Robert Half …