How an Accountant Helped Me

About Me
How an Accountant Helped Me

Some small business owners view accountants as an unnecessary expense. I know this because I used to be one of those small business owners. However, all of that changed when I realised that my business account didn't balance. I realised that I did not have the skills to do the numbers anymore so I called in an accountant and asked him to go over the books. He was a real pro and I decided that I needed him on my team. Since hiring the accountant, I have learnt just how important the work they do can be to a small business.

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Top 4 Factors to Consider When Outsourcing Your Accounting Functions

7 July 2020
 Categories: , Blog

From being able to concentrate better on your core competencies to avoiding the burden of putting together a package for an in-house team, there are many benefits to outsourcing your accounting services. These are all benefits that you can look forward to if you hire the right services. That said, what should you consider when choosing an accounting services company? Here is a look at the top factors. Certifications and Licensing Read More …

Working Capital Explained for Startup Business Owners

2 June 2020
 Categories: , Blog

Startup businesses are challenging enterprises for anyone who runs or owns one. Being new in the market usually means that you cannot predict the impact of your decisions. Most things are just trial and error. However, you can change the narrative by learning about the fundamental aspects that affect the decisions you make for your business. Examples here include accounting essentials such as income statements, balance sheets and cash flow statements. Read More …

Why You Would Be Better off to Outsource Your Payroll Processing Headache

27 July 2019
 Categories: , Blog

If you run a growing company, then you know that your business is only as good as your best employees. You know that you need to look after them as much as you can and ensure that they are happy while working for you, but this is sometimes easier said than done. Furthermore, you need to look into different programs and incentives to make sure that your people are at least as well cared for under your watch as they would be by your competitor. Read More …

How to Make Better Use of Your Tax Refund

28 November 2018
 Categories: , Blog

Are you somebody who looks forward to receiving your tax refund from the ATO following the end of each financial year? Some people treat this as a cause for celebration and an opportunity to splurge on that latest flat-screen TV or something similar. Yet it's important to remember that the cheque or deposit that you receive from the ATO is simply a refund of your own money, and the government has been using it to generate interest all year. Read More …

Are You Vulnerable to a Tax Audit?

6 November 2018
 Categories: , Blog

Does your heart skip a beat whenever you see an official letter in your mailbox? If it is obviously from the ATO, then this may make your mouth dry as well, as you wonder why they are writing to you at this time. More often than not the answer is quite mundane, but sometimes this form of communication may be the trigger for a full audit. How can you be prepared for this eventuality and, more importantly, make sure that don't worry yourself to death in the meantime? Read More …