The ATO can potentially treat a payment or a loan by a private company to a shareholder or an associate (such as a family member)

You need to be SMART The SMART goal-setting method is one way to help you set more effective goals, which then makes you more likely

You can fund your business operations and investment one of four ways: debt (a loan from the bank or another third party), equity (your own

One benefit of both reviewing your historical cash flow patterns, as well as creating a cash flow forecast, is being able to make changes that will

Key performance indicators (KPI’s) are internal measures you can use to improve your business. Think of them like a system of levers – if you pull

It’s essential that you take the time to sit down and map out a plan to get control of your money. That means knowing where,

So how do you know which structure you need? There are a number of factors to consider when choosing a structure. Some of the key

One of the single biggest mistakes business owners make is that they try and do everything themselves. The reality is, you can’t. At the very least, you

Financial management is all about having accurate, up-to-date financial information so you can make informed business decisions. You want to protect your investment and make

You need to ensure that all of your statutory compliance is met on time and with complete accuracy. If you don’t, you’ll be hit with

It’s essential that you take the time to sit down and map out a plan to get control of your money. That means knowing where,

Human nature may suggest the answer is “yes”, but do we really know? The answer lays in the structure of your business. The benefits of

SWOT Analysis After reviewing your financial statements, it’s important to put all of that information together to give yourself a holistic view of where your

SUPPORT ‘Give light and people will find the way.’ – Ella Baker  As a business owner, there will be many times when it feels like

SYSTEMS ‘Step by step and the thing is done.’ – Charles Atlas  Good financial systems need to be in place to help you manage your

STATUTORY ‘It is easy to dodge our responsibilities, but we cannot dodge the consequences of dodging our responsibilities.’ – Josiah Charles Stamp  All industries have

STRUCTURE ‘I thrive in structure. I drown in chaos.’ – Anna Kendrick  Building and property development relies heavily on laying a strong foundation. As you

STRATEGY ‘If you fail to plan, you are planning to fail.’ – Benjamin Franklin Every time I jump in my car to drive to a

Superannuation laws- Eight important facts (2021) June 24, 2021 Posted by: Tony Dimitriadis Category: Uncategorized No Comments   Superannuation contributions, laws and changes can be