business Preparing Your Business for Finance: What a Lender May Need to See Finance preparation starts with an accurate picture of the business and a clear borrowing purpose. Historical results, current records and realistic forecasts each have a role.
business Moving from a Trust to a Company: What Business Owners Need to Consider Moving a business from a trust to a company is not a routine upgrade. Start with the reason for the change, who will own the company and what the transition would involve.
business Partnership vs Company: Key Differences for Australian Business Owners A partnership and a company create different relationships between owners, assets, profits and responsibilities. The appropriate arrangement depends on how the business will operate.
tax Understanding GST: Questions Business Owners Should Raise With Their Accountant GST deserves attention beyond the next BAS. Changes in activities, customers or significant transactions can affect registration, pricing, purchase credits and cash flow.
business Taking On Your First Employee: Financial Responsibilities to Plan For Employing someone involves more than funding their wage. Understand the ongoing commitment, confirm the employment terms and establish who will handle payroll and related responsibilities.
business Better Business Records: Why They Matter Beyond Tax Time Business records should help you assess commitments during the year, not just prepare a return. Their usefulness depends on currency, completeness and the context behind the figures.
news What Should an Annual Accounting Relationship Cover? An annual accounting relationship should make responsibilities clear. The services available, the work included and the support provided during the year are separate questions.
business When Is It Time to Review Your Business Structure? A structure review should start with what has changed in your business, not a preferred entity type. Ownership, new activities and future plans are useful starting points.
business Tax Planning Before 30 June: Questions Worth Raising Early A useful tax planning discussion considers the expected result, cash requirements and decisions ahead. It is not simply a search for expenditure before the financial year ends.
