Tips & strategies to help your business grow

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

Interested?

07 3067 3017

Book A Discovery Call

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.

Business Consulting

15 min | Nathan Watt

Goal setting: A guide for success

They're useless because they only serve a purpose if the desire to achieve that future state is stronger than our desire to stay in our current state – aka if you can be bothered to do something about it.

Accounting & Tax

10 min | Nathan Watt

An Employer’s Guide To Stapled Superannuation

You know how it goes, you hire a new employee, send them the super choice form and they leave it blank or don't return it, so you're required to set up and contribute to your "default super fund".

Business Consulting

10 min | Nathan Watt

Offset vs Redraw: What’s The Difference

If you’ve got a home loan or even just looked into one, you’ll have heard these terms, and on the surface they seem to do the same thing. A place to deposit extra cash to reduce the interest you pay. So is it just semantics or are there differences you really should know. Well yes, yes there are.

useful resources

Practical resources to build a better business

(82) All articles

(50) Accounting & Tax

(28) 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

Australian Resident For Tax Purposes Explained

15 min | Nathan Watt

If you’re an Australian resident for tax purposes you pay tax on your worldwide income. This can have a massive impact on how much tax you pay. So in this article you'll learn when you're considered an Australian tax resident, even if you don't have permanent residency or visa, what happens on entering the country, and what happens if you are leaving.

Accounting & Tax

Are Christmas Gifts For Staff Tax Deductible?

15 min | Nathan Watt

So it’s Christmas and what have you done…..about gifts for your staff.

Accounting & Tax

6 ways to reduce your accounting fees

10 min | Nathan Watt

Accounting Fees, I imagine paying them would be right up there with the paying the dentist after a tooth extraction; Painful, and expensive. Maybe that’s why my subconscious led me to study accounting. It was self preservation!

Accounting & Tax

5 Tips to Handling The Financial Crisis

15 min | Nathan Watt

If you’re going to eat a shit sandwich – don’t nibble. Commit yourself to the fact that this isn’t going to be pleasant, but take some big bites, chew like hell and you can get through it.

Accounting & Tax

5 Things Your Family Trust Needs To Do Before 30 June

5 min | Nathan Watt

Every year your accountant slips you a document says something about Bamford, and sends you an invoice. Ever wondered what that’s about? Well wonder no more.

Accounting & Tax

5 Things You Need To Do When Hiring Staff

5 min | Nathan Watt

You need to hire your first staff member, or maybe you're just wondering whether you've got everything under control.

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.

Accounting & Tax

4 Common Mistakes Small Business Make With The ATO

5 min | Nathan Watt

Tax is in Australia is complicated, that’s why we have one of the highest rates of tax agent dependence in the world, but even that doesn’t stop these mistakes from happening and with the tax office’s super smart algorithms tracking your every interaction and building a risk profile about your business and its directors, you can’t afford to make these mistakes any longer.

get inspired

Tailored tips for your growth

Accounting & Tax

How Much Tax Do You Pay On Dividends?

5 min | Nathan Watt

A common question we get from people is how much tax they need to pay if they were issued with dividends from their company.

Business Consulting

What You Need To Do After You’ve Set Goals

15 min | Nathan Watt

Where are you? When running a small business, the most correct answer can be “everywhere”. I get it. I’m not immune to it either.

Accounting & Tax

15 min | Nathan Watt

How do you register for GST? And what happens when you do register for GST? Find out this and how you become the nation's (unpaid) tax collector. Exciting times right? Let’s get into it.

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.

DISCOVER ALL RESOURCES