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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
(29) Business Consulting
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Tailored tips for your growth
Accounting & Tax
ATO Audit Penalties: What Business Owners Need to Know & How to Avoid Costly Mistakes
5 min | Nathan Watt
Penalties vary based on the nature of the discrepancy, ranging from 25% for lack of reasonable care to 75% for intentional disregard. To minimize risks, maintain accurate records, ensure timely lodgements, and consider professional advice.
Accounting & Tax
The Balance Sheet Explained
15 min | Nathan Watt
It’s not how much you make it’s how much you keep – right?
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
Understanding Voluntary Administration
10 min | Nathan Watt
A Voluntary Administration is designed to help avoid court involvement during times of financial hardship when companies are facing creditors.