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 Bringing in a Business Partner: Accounting, Tax and Structure Questions to Consider Bringing in another owner is more than agreeing on a percentage. Clarify what they will contribute, what they will own and how the arrangement will work before making commitments.
business Buying Commercial Property for Your Business: Accounting and Tax Questions to Consider Buying premises and choosing who should own them are separate decisions. Consider the commercial purpose, funding, GST and ongoing responsibilities while key terms remain open.
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 Buying a Business: Financial and Tax Questions Before You Commit The asking price is only part of an acquisition. Understand what you would buy, whether the earnings reflect your operating costs and what funding is needed beyond settlement.
business When Business Ownership Changes: The Financial Matters Worth Considering Early An ownership change involves more than updating names or percentages. Clarify what is changing hands, how payments will be funded and which responsibilities will continue.
business Before a Major Business Change: When It Is Worth Speaking With Your Accountant You do not need a finished plan to raise a significant business proposal. Early accounting input can help identify what needs assessment while relevant options remain open.
tax What Is Personal Services Income? When Business Owners Should Seek Advice Personal services income mainly rewards an individual’s efforts or skills. Identifying it is different from deciding whether the PSI rules apply to the business’s arrangements.
business Selling a Business or Commercial Property: Why Tax Planning Should Start Early The sale price is not necessarily what you will have available personally. Early tax planning helps clarify the transaction, its timing and the proceeds you can realistically expect.