Lack of Cashflow?– Prepare for a Heart Attack!

news2

When I discuss cashflow issues, losses and profits with many of my clients I usually try to put things into perspective. You see, if a business makes losses it can continue to do so for a number of years. A business can be profitable and still run out of money – and that is a [Continue Reading…]

Will Your Bookkeeping Make or Break You?

images

As an accountant and business advisor over the last 20 years I am amazed at the number of times I am approached to fix a business’s bookkeeping. Sometimes we are given books and records by a business owner many months after the work has been completed and we are shocked at the level of work [Continue Reading…]

Traits of Successful Business People

Does Sir Richard Branson Think Like This? As a Business Growth Strategist and a Chartered Accountant, I have been lucky enough to be involved in over 3,500 businesses over the last 20 years. It has allowed me to see what traits successful businesses have and how they implement them in their business. I have never [Continue Reading…]

WHAT THE HECK IS AN ATO DIRECTOR’S PENALTY NOTICE – HELP!!

etaxonline-banner4

When a director gets one of these it can be really scary. So what are they and how can you avoid getting one? As a company director, or a director of a corporate trustee,  you normally have limited liability and debts of a company cannot be allocated to a director unless they have given personal [Continue Reading…]

What Would Happen If Your Brisbane Bookkeeper ‘Died?’

bookkeeping

Not a nice thought really. But if it has got you thinking then that’s a good start. It does not have to result in death either. I am sure you have heard stories about bookkeepers who can no longer work because of family commitments, because they have become ill, are just too busy with workload, [Continue Reading…]

The Perfect Way to do Your Brisbane Bookkeeping Wrong!

featured4

If you are a business owner and do your own bookkeeping the chances are you have no real qualifications or have not been trained extensively to understand tax, accountancy and bookkeeping. In most cases, business owners have learnt by trial and error and picked up tips from here and there. I routinely speak to business [Continue Reading…]

Mistakes In Do-It-Yourself Bookkeeping And How A Brisbane Bookkeeping Firm Can Help To Avoid Those

Mistakes In Do-It-Yourself Bookkeeping And How A Brisbane Bookkeeping Firm Can Help To Avoid Those The main objective of any business is to earn profits and the most successful way to do is by reducing costs especially when times are difficult and business is hard to come by. Costs are often cut to a minimum [Continue Reading…]

Brisbane Bookkeeping Can Handle Your Quarterly BAS Preparation And GST Requirements

Brisbane Bookkeeping Can Handle Your Quarterly BAS Preparation And GST Requirements Most business people know they have to do a BAS but many do not really know what actually is declared one. Not only do they ATO collect taxes but they also provide a variety of statistical information for them to use. It includes various [Continue Reading…]

S**t! I have and ATO Audit? What to do and how to avoid them

As a Tax Agent that is usually the first thing a client says to me when I tell them I have received a letter that they are to be audited. Sometimes the words are more explicit. The response I get has hardly changed in the 19 years I have been involved in tax. Over the [Continue Reading…]

What Should Every Business Have?

It is an interesting question and one that advisors are asked often. Every business wants to be successful but being successful is only one part – there are lots of other things that have to be done.   Your business is a means to an end and the idea is that your business makes enough [Continue Reading…]