Happy EOFY! People not in the accounting trade will add the ‘S’ at the end, signifying the glorious time when prices on normally unattainable goods get slashed drastically. For accountants and business owners though, this isn’t a time to leaf through shopping catalogues. We knuckle down and start getting returns together. If you are concerned about doing yours, read through the tips below.
You’re so busy with life in general that all you want to do is get your tax return done as soon as possible. But your haste can cause you to lose money. Don’t forget to claim these in your next submission.
If you fail to plan, you plan to fail as the saying goes. The fact you’re reading this means you aren’t in the former category. Hundreds of small businesses attempt to get off the ground every year, but the failure to follow crucial steps like the ones below makes starting successfully that much harder.
Some people were taught to save since the cradle and passing over their credit card is painful. Others have no trouble spending their paycheck. Small business owners commonly fit in the former group. However, maximising savings doesn’t necessarily equal success. The term ‘you need to spend money to make money’ is true to life, and we have a few suggestions on what to spend your on to help your business grow.
Ah, savings. Almost impossible to build in a world where we can’t go without our avocado toast and extra coffees. There are ways to help that bank balance go up instead of down, and you might have heard of them before. Sometimes, though, good advice has to be repeated.
Business improvement is an annual occurrence for some companies and a once-in-a-blue-moon event for others. Bosses and owners spearhead the movement but it’s helpful if the employees know a few things about the process.
Millennials and Generation Y are entering a tough market; housing prices are up as well as the unemployment rate. University is more expensive. Everything costs. The lesson stings less, though, if you start learning early. From accountant to parent, use our tips to help your child get money-smart.
In business, as in life, people shop around for deals to save them money. It’s an instinct. In property investment, though, taking the cheap option isn’t the smartest idea. As the old saying goes, you need to spend money to make money! If you’re shaking your head, let’s look at some of the reasons why.
With the new year come the new year’s resolutions. As a business owner, you might resolve to become more prosperous: earn more, worry less. You can do an in-depth analysis, AKA a business improvement audit, without your accountant.
Going over your finances isn’t fun, unless it’s payday and the numbers have increased. Doing a financial reset at the beginning of the year, though, and setting goals will ease your anxiety in the long term.