Month: March 2019

  There’s a lot to remember when running a small business. Here’s a few simple suggestions to help make a big difference; Keep an accurate and up to date accounting file. This will ensure you always know your business’s current position and it will assist in decision making Manage your time effectively. Make use of…

It is interesting over the years the number of times we have had similar discussions with business people around cash and profit. In business we often drive profit. Many businesses tend to focus on the Gross Profit but forget it is a holistic approach that best serves the welfare of the business. Many conversations are…

This month we take a look at an environmentally-friendly cleaning business doing things a bit differently. Our client Redgum Cleaning Cooperative offers professional green-cleaning services to homes and offices across Melbourne’s inner, northern and western suburbs.They use a business model that is working well for the members. We asked Ella, Eleanor, Jason, Pete and Alex who are…

Employers with 20 or more employees have been required to use single touch payroll since 1 July 2018. The new rules push all businesses with employees into the single touch payroll system. This includes the situation where payments are made to the owners of the business in the form of salary, wages or directors fees.…

The February 2019 Parliamentary sitting days were the last opportunity before the Federal Budget for the Governmenttointroduce or push through new legislation. Next month, on 2 April, Parliament reconvenes for the Federal Budget and it’s likely that an election will be called very soon after that (18 May 2019 is the last possible date for the…