Tips & strategies to help your business grow

Discover strategies for business expansion and tax optimization to thrive in today's competitive landscape

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Accounting & Tax

5 min | Nathan Watt

How to Understand and Improve Your Business Credit Score

Your business credit score could be the hidden reason behind loan rejections, tough supplier terms, or lost contracts. This no-nonsense guide explains what your score really means, why it matters for every Aussie small business, and the simple steps you can take to check, fix, and improve it today.

Business Consulting

10 min | Nathan Watt

What is a Breakeven Point and How to Use It in Your Business

Think you’re making money in your business? Until you know your breakeven point, you’re guessing. This in-depth guide breaks down what a breakeven point really is, why every business owner should track it, and how to calculate it in both dollars and units. With real-world examples, visuals, and practical strategies, you’ll learn how to use this one powerful number to set smarter prices, spot problems early, and make confident decisions for your business. Whether you’re just starting out or scaling up, this is a must-read for taking control of your bottom line.

Accounting & Tax

15 min | Nathan Watt

BAS Due Dates

Having a hard time remembering when stuff is due? You’ve got a lot to do in business and if your accountant isn’t reminding you, it’s easy to forget the heap of things you’ve got to submit as the tax office middle man. But late lodgement is one of the 4 common mistakes small business makes with the ATO, so bookmark this page it’s got your BAS due dates for quarterly and monthly reporting cycles.

Accounting & Tax

15 min | Nathan Watt

A Guide To Superannuation For Small Business

Superannuation has been around a while now. The earliest instances can actually be traced back to Federation in 1900.

Accounting & Tax

5 min | Nathan Watt

What Is A Family Trust And How Do They Work?

A family trust is an agreement where the trustee (either a person or company) holds assets for the benefit of others - like family members. There's lots of names thrown around; family trust, trust fund, discretionary trust and lots of confusion about how trusts work so if want to understand what they are, and how they work then you've come to the right place. Strap yourself in, and trust me....

Business Consulting

5 min | Nathan Watt

How Do You Make More Sales?

No, we’re not launching a marketing service, so what do we know about making more sales? Apart from growing Watson & Watt from nothing to something in the last 7 years I know that more sales is actually business strategy, not marketing and sales.

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Practical resources to build a better business

(89) All articles

(56) Accounting & Tax

(29) Business Consulting

(06) Mortgage Broking

General Accounting & Tax

Know your numbers

Structuring

Superannuation

Drivers of Performance

Goal Setting

Implementation

Strategy

General Mortgage Broking

Accounting & Tax

Which Business Structure Is Right For You?

15 min | Nathan Watt

A key component to business success is ensuring you have the right legal structure for where you're going. In fact it's one of the very foundations of our 3 step strategy with clients.

Accounting & Tax

What is a Partnership?

5 min | Nathan Watt

One of the most fundamental decisions you have to make when forming a business is which structure is right for you. In Australia, you have a number of options, including trust, company, sole trader and partnership. In this blog we'll dive into what a partnership actually is and how they work.

Accounting & Tax

What Is A Family Trust And How Do They Work?

Lots of people confuse having a business, with having a company. So what exactly is a company, and how do they work for small and medium businesses?

Accounting & Tax

Everything You Need To Know About Being A Sole Trader

5 min | Nathan Watt

Choosing how to structure your business takes some forethought. In Australia, there are four common ways to go about it, and being a sole trader is an easy way to get started, but it’s important that you choose carefully. After all, the structure you choose will impact the licenses you have to obtain, how much you owe in taxes, and your potential personal liability in the event of issues.

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Tailored tips for your growth

Accounting & Tax

5 Reasons You Need A Tax Specialist For Your Small Business

15 min | Nathan Watt

We live in a DIY age, where people imagine to themselves that with a quick click on Google they can suddenly turn into an expert on pretty much anything, I mean when I google my sickness symptoms it keeps telling me I have Lupus, so it’s easy to be convinced in believing you’re suddenly an expert on tax preparation.

Business Consulting

Sales Is Not A Dirty Word

10 min | Nathan Watt

One of the biggest challenges I faced in my career as an accountant and business consultant is sales. And if I felt the heat when I was working for other people, it magnified to the intensity of the sun, when I started my own business with no customers.

Business Consulting

Where Do You Start With Marketing?

15 min | Nathan Watt

I’ve been working with small businesses for years now advising them on a wide range of business issues. But it wasn’t until I started Watson & Watt, and got my hands dirty on my own business, that I really had to understand “marketing”.

General Mortgage Broking

What Information Do You Need For A Home Loan?

15 min | Nathan Watt

Applying for a home loan can be a daunting process because you’re usually entering into one of the biggest transactions of your life, and the bank’s can be faceless corporations dancing to the beat of their own drum. Yes, they want to lend money, but only on their terms.

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