Business: Flight to safety
With the COVID Delta variant causing a new level of community angst, ongoing business disruption is inevitable and returning to what we once considered normal seems unlikely for a while yet, if ever.
Business: Flight to safety, time of opportunity or succession?
The last 18 months has been disruptive to say the least. Business owners who initially considered doing nothing in the belief Coronavirus would blow over quickly soon realised that approach wasn’t an option. Following the initial pause of the nation-wide lockdown in April 2020, businesses regrouped and what we have seen since is three distinct…
QLD Stamp duty exemption creates BIG benefits for small businesses
In good news for Queensland small businesses, changes to stamp duty laws enable mum and dad type businesses to restructure with a full or partial duty exemption when transferring assets.
Business Resilience
Now and beyond COVID While there is no denying that COVID-19 has resulted in extreme ups and downs for businesses, it’s important to know that proactive and informed business management is, and will always be, the driving force behind surviving and thriving. As we move into the so-called ‘new normal’ we explore the business practices that…
What your balance sheet says about your business success
In our experience, the most common issue for a business owner who doesn’t understand their numbers is a problematic cash flow. For example, if a business is making profit, why is it sometimes a struggle to pay the BAS on time? The answers to this and other key questions are found in your balance sheet.…
How to be Successful in Business: THREE key benefits of understanding your numbers
Whatever your definition of business success may be, there’s no getting away from the importance of having a firm grasp of your numbers. As simple as it may sound, understanding your numbers generates significant benefits for a business owner, including the ability for you to make the type of strong and well-informed decisions that underpin…
How to be Happy in Business: #1 Numbers
As a business owner, having confidence in your numbers delivers the sense of control and clarity you need for achieving business as well as personal goals. Being happy in business has 3 foundations: #1 is to clearly understanding the numbers, #2 is developing a strategy for achieving your business and personal goals, and #3 is accessing qualified business…