Tips & strategies to help your business grow

Why Work With Mid Tier Accounting Firms In Sydney?

Mid-tier firms sound like they’re the best of both worlds right? Big enough to have a good reputation and some really smart technicians to make sure your accounting and tax is sorted but not as expensive and elite as the big 4. And If you need services like audit, corporate finance or international tax, then taking your business to mid or top tier accounting firms in Sydney is probably best for you.

Why 45% Of Small Business Starting Today Won’t Last 3 Years And What They Can Do About It

It's a staggering statistic isn’t it? Almost every 2nd business that starts this year, won’t exist in just 3 years. If you dig deeper into the data set (which you can find here), you also find that 20% of business fail in the first year! Not even 12 months in, and the business (and the dreams of the founders) are dashed.

Where Do You Start With Marketing?

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”.

What You Need To Do After You’ve Set Goals

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.

The Hardest Question In Business

Those that have answered it (properly), usually end up succeeding. Those that don't/can't answer it, usually don't succeed. The end up floating along in the zone of mediocrity or become part of the alarming business failure statistics.

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.

How To Start A Business In Australia

So you’ve got an idea. It’s growing and growing it’s all consuming – it’s all you can think about. You just need to know how to start a business in Australia and money will fall from the sky, you’ll work from the beach and come and go as you please. Less Stress and more money right?

How to quit your job and start a business (by someone who is doing it right now).

It’s scary, I know, quitting your job when you’ve got a family depending on you. You’ve built a life around an income – a mortgage, young kids, bills to pay, a standard of living you’d like to keep and a retirement that’s approaching all too fast (well, kind of).

How Do You Make More Sales?

How Do Business Models Make You Money?

Have you ever given thought to what your offering your customers?

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Tailored tips for your growth

A Small Business’ Guide To Marketing Your Price

10 min | Nathan Watt

Pricing is perhaps the most important choice you will make when selling your products and services. Price is an indicator that lets customers know what to expect. High price = this must be good. Low price = probably not going to work/break in a short time (and that can be just fine).

4 Common Mistakes Small Business Make With The ATO

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.

ATO Audit Penalties: What Business Owners Need to Know & How to Avoid Costly Mistakes

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.

Everything You Need To Know About Being A Sole Trader