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Small Business Asset Write Off
Is this your last chance to take advantage of the $20,000 Small Business Asset Write Off? A couple of years ago the Government introduced this incentive to encourage small business to invest in assets and stimulate the economy; this tax break was finishing 30 June...
read moreAre you getting the right advice?
Running a business is much easier when you have good relationships with staff, customers and suppliers. In fact many would say business success is about the trust and level of service that comes with great relationships. Relationships with external...
read moreIs it easy to run a charity?
On the 1st of April I raced in and was the race director for the 2017 Tingira Cup a paddling event managed by Shark Island Paddlers. Paddling craft includes surf skis, ocean skis, outriggers and SUP; this year the long course was 18km, shorter course was 10km and the...
read moreAre You Positive About Cash Flow?
No doubt you have heard the statistics about the risk of starting a business and how many end up in tears. Yes, that’s right. 60% of businesses fail within three years of opening the doors. Most do not even know they are failing as they fail to look at the...
read moreEOFY Tax Time Tips – Income Protection
You might not know, but the end of financial year is a great time to take out insurance. Particularly if you want to ensure you can still receive an income if you’re injured or fall ill. You see, Income Protection premiums are tax deductible. What is Income...
read moreDo you really know your numbers?
How was business last month, do you know? Perhaps you respond: ‘I was busy and there is money in the bank.’ Being busy does not mean PROFIT, positive CASH FLOW or progress. Business owners need to earn a living at the very least. However,...
read moreDutch Disease
Dutch Disease is the classic economic model describing two sectors of the economy; one booming (often resources) and the other lagging (not booming) and the effects on the economy: The resource boom increases demand for labour and takes labour and other resources from...
read moreWhy Build a Business for Sale…
Most business owners are looking for increased profit this year, next year, growth and at some stage on the journey a better life and work mix! What about selling a business? Here are five reasons why building a sellable business should be your most important goal,...
read moreTargeting the Digital Economy
It would be fair to say that the Tax Office is not considered the most modern and proactive government agency They are struggling to keep on top of the changing business world, which has become more global and invisible; online shops (Amazon) with goods...
read moreBusiness New Years Resolutions
Are you a director in a business or a business owner? Did you make any resolutions for you and the business? At the end of my holiday I got some time alone and time to write up some notes on the business and the way forward. I lost my phone on holidays though not my...
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