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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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Practical resources to build a better business
(56) Accounting & Tax
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Accounting & Tax
Small Business CGT Concessions: How to Sell Your Business & Keep More of Your Money
5 min | Nathan Watt
If you qualify for the Small Business CGT Concessions, you could significantly reduce—or even eliminate—the capital gains tax (CGT) on the sale of your business. But like everything tax-related, the legislation doesn’t make it simple. There are (more than a few) rules, conditions, and hoops to jump through. So, let’s break it down in plain English.
Accounting & Tax
What is an Income Statement (Profit and Loss Statement)?
5 min | Nathan Watt
Every business should strive to better understand their financial performance so that they can continuously improve it. The one that everyone loves to look at is the Income Statement, better known as a Profit and Loss Statement (P&L) but other than a surface understanding, this financial report remains mysterious to many business owners on how it can be used to improve your business.
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
BAS | A Beginner’s Guide to Business Activity Statements
5 min | Nathan Watt
New to the world of business finances? The Australian tax code can be difficult to understand for anyone who’s unfamiliar with its many facets, but it’s important that every business owner has at least a basic understanding of things like BAS, GST, and other essential elements of it.