Cash is Not Profit and Profit is not Cash
One of the purposes of a business is to make money, and that means you need to know…
Understanding your revenue drivers
For your business to make money, you need to generate revenue. You produce revenue through your usual business…
Should your small business adopt AI tools?
We’re living through what the World Economic Forum has called ‘The Fourth Industrial Revolution', and artificial intelligence (AI)…
Forecasting: taking the guesswork out of your finance strategy.
As a business owner, it’s increasingly difficult to ride out the changing economic conditions and manage the financial…
When should your business be passed to the next generation?
You’ve spent a lifetime building up your family business, growing the company and creating a lasting legacy for…
Taking on the family business legacy: becoming the successor.
Becoming the successor to the family business is a genuine honour. But taking over control of the family…
5 ways to improve the governance of your family business
Running any kind of business is tough work. But when you add in the additional challenges of running…
Increased tax return amendment period for small / medium businesses
A measure aimed at reducing the burden on small and medium businesses wishing to revise their income tax…
Common tax return errors for rental property owners
The ATO has published a list of common taxpayer errors found from its recent property management data matching…