As a small-business owner of long standing, you should be rightly proud of your achievements. You’ve built up this organisation from scratch and have been able to retain customers over the long term, and you may have a certain amount of intellectual property associated with your efforts as well. While you may be earning a reasonable amount each year as you continue to operate, you may be starting to think about the future. Read More»
Do you like the idea of being an independent business owner, but are not sure if you want to start the entire process from scratch? In other words, do you want to take advantage of other people’s experience (and mistakes) so that you get a head start in your endeavours? If so, then you will need to look at businesses that are for sale as an ongoing concern and satisfy yourself that they will be the right choice for you. Read More»
Sometimes running a small business can feel like spinning plates, especially if you’re responsible for many different areas. It’s therefore not surprising that filing your tax return through your tax accountant is often left to the last minute. This is not a good strategy as it can leave you open to fines for late payment if you have to amend the return or provide additional documentation that was missing with your first submission. Read More»
Keeping track of the books for your small business might seem like a nuisance, but it is required for tax related purposes. It is possible to save time and money as a small business owner if you know what accounting strategies are most effective. This means that if you want your small business to be in good standing with Australian Taxation Office, there are some accounting tips that you can adopt to simplify the process and also ensure that you have adequate accounting records. Read More»
If you run a small business, it is highly recommended that you hire an accountant. Not only can they help you keep your books and prepare your taxes, but they can also help you make business finance decisions. Here are some things to look for when you start interviewing candidates to be your new accountant.
Education and Certification
The first thing to look at is what type of education the candidate has received. Read More»
