Making your business as profitable and secure as possible should be one of your financial goals. Some small business owners interpret this goal as being to save as much money as possible i.e. don't spend. Whilst this can have advantages, there are times spending a little can achieve more information, control and efficiencies. It may [..]
If you are using pencil and paper, or even a spread sheet, to do your accounting, it is costing you a lot of time. It probably worries you and is very easy to make mistakes. The good news is that accounting software is getting much more efficient and powerful to assist your business. However choosing [..]
Not everyone has heard about the two exciting changes hidden in the Budget for small business owners. Previously you could use the Small Business Entity Concession scheme to entirely claim the value of Assets purchased up to a value of $1,000. This limit has been dramatically increased to the value of $6,500 GST Exclusive from [..]