The value of knowing your Business Value

The value of knowing your Business Value

Ask most business owners if they know what the value of their business is and they wont be able to tell you.  Business owners believe that they only need to know the value of a business when it is time to buy or time to sell.  This is simply not the case.  Knowing the...
6 End of Year Tax Tips

6 End of Year Tax Tips

  It is that time of year again where business owners start thinking of legitimate ways of reducing their tax before 30 June.  Here are 6 end of year tax tips $20,000 instant asset write off As for 2015, the federal governments instant asset write-off is again a...
The Importance of a Business Plan

The Importance of a Business Plan

In 1992 a British psychologist conducted a study on elderly patients in a Scottish hospital, all of whom were having hip or knee replacments.  Back then (not sure if it is different now), recovery from a hip replacement was painful and hard work.  The patients had to...
Beware the ATO Scam

Beware the ATO Scam

We have received several phone calls in the last month from clients who have received rather disturbing phone calls.  The caller on the end of the phone say they are from the Australian Taxation Office.  They then proceed to say one of several things, examples of...