The end of the year is the perfect time to take a step back and review your business performance for the first half of the financial year.

Deciding which business model to use is not just a case of grabbing someone else’s way of doing business. The model needs to accommodate your individual requirements.

None of us likes to think of a flood, storm or fire impacting us, so we avoid making a plan to deal with the situation. Yet having a business contingency plan is essential.

In this blog post I’ve discussed six key areas to consider when you're creating your plan.

In this blog post I’ve discussed six key areas to consider when you’re creating your business contingency plan to deal with unexpected injury or illness

Its easy to make a mistake when you are new to dealing with GST. Here are 7 common mistakes that I come across when helping business owners new to GST.

Are you growing your business and you’re not sure about registering for GST and the issues you need to be aware of before you do? This blog has a look at 5 things that you should consider before registering.

Unexpected things can happen that cause you to get behind in paying your tax obligations. This blog has actions that you can take to help plan how to sort it out.

Are you declaring all your income to the ATO? Here are 5 areas that people forget to declare.

When making decisions about your business what numbers to you need to have at hand so you are informed as you work through the decision process.

Separating your business and personal finances builds a strong financial foundation - there are other reasons for keeping them separate.

We all know that insurance is necessary for our protection yet it’s not always easy to know the type and amount of insurance that we need. In this article I’ve highlighted six key types of insurance to consider for your business.

Are you thinking of hiring your first employee or contractor? Have you looked at your business and determined if it can afford both the money and time commitment? This blog discusses some of the decision points and some compliance requirements when hiring.

The perfect time to look ahead and prepare for your new financial year is in the closing months of the current financial year. 7 questions I ask my clients during this review are listed here.

Do you know how much your business can pay you? Do you know how to work this figure out? In this blog I discuss ways to get to that figure without just guessing

Do you know which of your business expenses are deductible for tax purposes? There is no point in paying more tax than you need to, yet you always want to make sure you’re not claiming more than you should!

I’ve put together a list of common tax-deductible expenses for businesses registered in Australia. As this area can be complex the following list is for information purposes only.

Tax time! It’s enough to strike fear into the heart of any business owner. Yet it doesn’t need to be that way. By setting aside dedicated time a few months out from the end of the financial year you’ll be in a much better position and have your business ready for tax time.

I’ve set out three ways for you to get your business prepared for the end of the financial year.

Have you been wondering if Profit First it is the right choice your business?

In this blog I set out what it is, how it works, the downsides to watch out for and what stage of business it best suits.

A budget is an essential management tool for any business. It contains the estimated income and expenses for a certain time and details how the over-all plan for the business will be financially executed. It also allows you to plan for future events such as purchasing a piece of equipment or attending a conference or seminar.

To create a budget there are six steps I recommend you work through.

Cashflow is the lifeblood of our businesses. We need money flowing in, circulating through our business and flowing out in order to have a sustainable business.

To use our cash effectively we need to know what we have. If a business doesn’t know what cash it has available to spend it can’t make informed decisions that will work in its favour. Decision making becomes sluggish. Decisions become harder to make.

Cash flow is equally important in our personal lives.

Lets look at 6 key steps to manage your cashflow.

Are you getting expert advice in your business? You don’t have to do everything for your business yourself.

Many of my clients don’t like dealing with numbers - I love it!! They engage me to provide expert advice about their business numbers. There is nothing better than the bank reconciliation matching to the cent! And reviewing a profit and loss actual to budget report satisfies the detective in me as I find out why one expense is higher or lower than budgeted.

Here are the five essential experts that I use in my business.