If you’re expecting a surge in business in the 2024-25 financial year that will boost your taxable income, now is the time to plan ahead to make sure you meet your obligations and maximise your cashflow. Take a look at your expected taxable income for the current financial year (2023-24) - that’s the assessable income for your business minus any...
Free financial counselling services are available to help small business owners who need information about managing debt or are in financial distress. Financial challenges are often cited as the biggest cause of anxiety for small business owners. An Australian Government Department of Industry, Science, Energy and Resources report Small Business...
Reducing your environmental impact might be easier than you think. We share seven steps you can take to green your small business.
Taking a few small steps towards developing a sustainable business can deliver long term benefits for not only the environment, but also your business’s bottom line, contributing to your long term profitability and building customer loyalty. It can also help you win tenders and contracts, with sustainability increasingly becoming a focus and...
Do you feel like a vehicle you purchased for your business has been more trouble than it’s worth? No one likes the idea of having purchased a lemon, especially given the expense of buying a vehicle and your expectation of how it will save you time and money. As warranty periods can be limited, especially for second hand vehicles, the most important...
As a small business owner it is important to make sure that if you are open for business on a public holiday or long weekend that you are prepared. Before starting your preparation find out if you are allowed to be open on a public holiday, as small retail shops, special retail stores, service stations and motor vehicle shops must be closed on Good...
