Category: Optimising Processes

Written by seriously good accountants. For business owners who want to understand their numbers, make good decisions & grow.

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5 Ways To Keep Your Money Safe

Business owners often develop a sixth sense when one of their employees shows signs of addictive behaviour. Traditionally we associate fraud and theft from a small business with gambling and addiction problems. Yet a recent report in The West Australian newspaper of a woman who siphoned more than $1.2 million…

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Filed Under: Compliance, Culture, Optimising Processes

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5 Steps for Fixing Your Cash Flow Problem

Cash flow is the pulse of any business. Get cash flow right and the enterprise is set for growth and prosperity. Get it wrong, however, and tragedy inevitably follows. Managing any small business’ cash flow is incredibly frustrating and stressful. There are employees to pay and creditors to keep happy.

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Filed Under: Business Advisory, Culture, Optimising Processes

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Should You Lease or Buy Equipment for Your Business?

Can’t decide whether to lease or buy the equipment you need for your small business? Don’t worry, asking yourself these six questions will help you decide… It doesn’t matter what line of work you’re in or even whether you are a new or growing business, equipment is crucial for business…

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Filed Under: Accounting, Growth, Optimising Processes, Tax

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Single Touch Payroll – What is it? Is my Business affected?

What is single touch payroll? Single Touch Payroll Reporting (STPR) is a legislated requirement which will see the ATO collect payroll data in real time. This will create significant changes for businesses and reporting to the ATO, so instead of filling out monthly, quarterly and yearly forms, the ATO will…

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Filed Under: Accounting, Compliance, Optimising Processes

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