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News & Articles on Finance & Business, Accounting, Taxation, SMSF & more

Too Busy Working In Your Business To Plan For The Future?

Business owners are often advised to “work on their business and not in it” if they want to grow their profit and develop their people. Owners know that to do this they need to spend more time analysing and planning and less time on operational issues, but still find that they are doing tasks others could do. This leaves them little time to step back and take a long-term view of the future of their business. There are many reasons

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Formal Exit Strategy Needed To Save Thousands Of Businesses

There are countless people in our society who have worked hard for many years, establishing and running successful businesses through good times and bad. Their efforts have seen them provide work and advancement opportunities for others, develop new and innovative products that have improved standards of living, and established a legacy for their descendants. Why is it so hard, then, for many of these people to recognise that a time will come when they need to move aside and get

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Is It Important For Business Owners To Understand Accounting Terms?

For non-accounting people, many of the terms accountants use might seem like part of another language, but it is essential that small business owners have some understanding of the more common terms, and what they mean. This enables them to have meaningful conversations with their accountants, which can trigger ideas that could improve their businesses. Understanding Terminology Makes for Easier Conversations As accountants and business advisors, we offer services to our clients that are additional to preparing tax returns. It

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