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Tips and articles to help you implement Profit First and take control of your Australian small business
Today is the Day
Feeling inspired is an understatement really… Let me start by saying this is a whole new topic for me. I usually restrict myself to Accounting, Tax and Cashflow improvement as my bread and butter when it comes to writing. I leave the attempts to Inspire the world to...
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Business Structuring 101: Part 5 – Trusts
A trust is a business structure unlike any other. Everyone has heard of them, in particular ‘Family Trusts’ but very few business owners understand how they work. As a result, they tend to avoid them and stick to sole trader or company options. It’s such a shame...
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Business Structuring 101: Part 4 – Companies
In the second installment of this series we looked at Sole Traders, where the individual is the business. Now its time to explore the other end of the spectrum. A company is a completely separate legal entity from those who own and operate the business. A company has...
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Take a holiday – your business will thank you!
Australians love a good holiday. It’s the perfect time to take the kids to the beach, have a BBQ with your parents and generally take a well-deserved break from reality somewhere exotic. Whether its a long weekend, annual leave or the great Australian ‘Sickie’ we...
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Xero Streaming – Setting up Superstream in Xero
SuperStream is here! It is time to get on-board before the grace period ends and the ATO starts fining employers for failing to comply. This article with cover how to implement Superstream in Xero specifically. For a more general discussion around Superstream...
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Streaming Super – A quick start guide to Superstream
SuperStream is the new way all employers must report and pay their employee’s superannuation contributions. With the SuperStream system superannuation contribution data will be processed electronically and the payments made by EFT or BPAY. Why do we need Superstream?...
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