Some employers need to pay PAYG withholding liabilities to the ATO monthly, even if the BAS is lodged quarterly. The monthly instalment activity statement (IAS) and payment is due on the 21st, whether you are lodging your own statement or using our lodgement service. Things to review before finalising the IAS: Have you allocated all […]
Your Monthly Activity Statement (BAS) Is Due On The 21st
Your monthly activity statement is due by the 21st of this month. Use the following checklist to make sure you are ready for lodgement day: Have you allocated all bank transactions to the correct accounts? Have you verified that the bank balance listed in your accounting software matches the balance in your bank account? Do […]
How Healthy Is Your Working Capital?
We all know that cash is king when it comes to business success, but what exactly is ‘working capital’ and how does this financial metric help measure the health of your business? Working capital is made up of the cash and assets that are available in the business to fund your operations and keep you […]
Your Workspace Can Impact Productivity
A great office space is about keeping your people happy, productive and working towards the key goals of your business. An office is more than a place to put your desks, it is the heart of your business and the space where your people will spend most of their working day. Your office needs to […]
Fundamental Three To Successfully Scale Up Your Business
There are three fundamentals to successfully scale up your business: having a clear organisation structure, having comprehensive systems, and developing great leadership. Heard the quote, “What got you here won’t get you there”? These are wise words (and the title of a book you should read!) are from Marshall Goldsmith. Choosing to scale your business […]
Is My Accountant A Cost Or Investment?
Accountants tell their clients to reduce their overhead costs as one of the seven ways to grow your business. One of your overhead costs is your accounting fees. So, is what you spend with your accountant an expense which needs to be reduced, or is it an investment? An expense is a necessary evil. It […]
Why You Need To Take A Break From Your Business
Running your own business takes up most of your time, as an owner – and finding a window in your diary to take a break can be tricky. But having a proper holiday away from the stresses and worries of the business can be incredibly beneficial – helping you to come back refreshed, rejuvenated and […]
Funding your business – equity or debt?
When you’re looking to expand and grow your business, you’ll almost certainly need extra finance to achieve this. But what’s the best funding route for your company? Should you opt for equity or debt when it comes to sourcing this additional investment and capital? And what are the pros and cons of these two options? […]
How To Write Engaging Content For Your Marketing
Content marketing is a key weapon in your company’s sales and digital marketing armoury. To promote and profile your business in the digital age, you’ll need to create web content, blog posts, social media posts and email campaigns – and this requires having the resources to produce high-quality, engaging content on a frequent and regular […]
