Expanding Your Business to Asia? Here Are a Few Key Considerations
November 7, 2019
With a staggering population of over 4.4 billion spread across over 50 countries, Asia has a distinctly diverse business landscape. Naturally, they are one of the most favoured consumer markets for international businesses. The diversified market and business environment are undoubtedly untapped goldmines; however, it has its own set of challenges. Its divergent nature makes…
Read MoreTick these Crucial Checkboxes For a Profitable Business Expansion
October 9, 2019
Did you know small and medium sized enterprises (SMEs) have the lion’s share in Australia’s GDP? According to a report, small businesses form the backbone of the Australian economy with a colossal contribution of 57% to its annual GDP and 7 million job generation. Owing to favourable market conditions and increasing investments, the SME sector…
Read MoreTake Charge of Cash Flow In Your Business with These Tips
August 30, 2019
It is no secret that insufficient and poorly managed cash flow can cripple even the most profitable businesses. According to a new study from Wakefield Research, commissioned by Intuit Australia, small businesses in Australia have lost opportunities worth $5.8 billion due to inadequate cash flow. It is essential to take control of your cash flow to…
Read MoreKeep your Business on Track by Staying on Top of your Bookkeeping
August 9, 2019
Financial management is no child’s play, especially when your business is still taking baby steps in the volatile market. Inadequate cash flow and haphazard finances can cost you dearly, taking your business back to square one. That’s the reason why you need to iron out your finances early on to survive, thrive and flourish in…
Read MoreNew Financial Year 2019-20: Get Your Finances in Order
July 1, 2019
The start of a new financial year is the right time to start preparing your business for the fiscal year 2019-2020. Implementing a smart and proactive plan plays a pivotal role in ensuring finances are in order, and your business is well prepared for the year ahead. Here are some tips that will help you…
Read MoreTips to Avoid Getting Red-flagged by the ATO
June 13, 2019
As the ATO continues to upgrade their data matching capabilities each year, tax audits are becoming increasingly well targeted. For those who are audited, this can be very stressful and also potentially expensive. The ATO is becoming better at detecting returns that forget to declare foreign income or claim an usually high amount of work-related…
Read MoreStartup Tax Incentives – A Comprehensive Guide
May 10, 2019
In the last decade, Australia has had an exponential rise in the start-up sectors. An underlying aim of the Australian government’s new tax benefits is to encourage and promote entrepreneurship by assisting investors. The government intends to address a funding gap issue between pre-concept stage investment and support finance. Therefore, the government has started two…
Read MoreTax Tips – Earn a Better Return on your Tax Refund
April 9, 2019
As we are almost at the end of the financial year, here are some simple tips that will help maximise your tax refund. 1. Make Investments in Property Although your tax return is nowhere close to the value of a house deposit, you can still use it to invest in a property. With platforms like…
Read MoreFour Amazing Tips for Cryptocurrency Tax in Australia
March 8, 2019
The transaction and use of cryptocurrency in Australia are evolving rapidly. If you’ve bought, sold or even traded using cryptocurrency, you have a tax obligation to retain records. Here are a few essential tax tips that you need to consider if you have made a profit by trading in cryptocurrency: 1. Sort out Tax Liabilities…
Read More3 Common Causes of Cash Flow Gaps and their Solutions
February 14, 2019
Most businesses – be it small or big – struggles with cash flow gap at some stage. However, it can be really detrimental for a small business. Here we have listed down a few common causes that widen that cash flow gap: 1. Inefficient Financial Planning and Management There is a saying: Failing to plan…
Read MoreCommon Pitfalls Property Investors Should Not Ignore!
November 28, 2018
Deciding to invest in a property is perhaps one of the most challenging things, especially if you are in the late 20s or early 30s.
The property market has always been volatile, and therefore one needs to analyse different factors and market trends to avoid potential minefields.
Top 3 Biggest Property Investment Myths
November 1, 2018
When it comes to property investment and wealth creation, misinformation and myths pose a potential danger.
The property market is always buzzing with a lot of baseless information, which eventually results in a wrong move.
