Tips & strategies to help your business grow

Buying a property can be a stressful time. It’s one of the biggest financial investments most people make. So it makes sense to be as prepared as possible before you go signing purchase contracts. That’s why as part of our process we suggest clients obtain approval in principle before they go looking for a property.

What is an Income Statement (Profit and Loss Statement)?

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.

Business Consulting

What is a Rate Lock?

Interest rates are at historic lows, the property market seems to be going bonkers and somehow people in Sydney have $4mil for a run down bedsit.

What is a Partnership?

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.

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....

What is a Company?

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?

General Mortgage Broking

What Information Do You Need For A Home Loan?

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.

What Happens If You Take Cash Out Of A Company? Division7a

Got a company? I mean a real company, as in a Pty Ltd legal structure? Then this one is for you.

What Happens If You Don’t Pay Superannuation On Time?

Four things happen if you don't pay superannuation on time...none of them good.

General Mortgage Broking

What Do Lenders Use As Your Income When You’re Self-Employed?

If you’ve ever wondered how much money you could borrow you’ve no doubt found a lender’s borrowing capacity calculator, plugged in a few details and out spits a number – and if you're an employee for the most part that’s fine. There are a few wrinkles when it comes to casual employment, bonus', and regular overtime etc but generally PAYG income is what it is. But business owner income. Ohh boy. Buckle up.

get inspired

Tailored tips for your growth

Business Consulting

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

Before You Refinance Your Home Loan, Try This

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.

General Mortgage Broking

How much money, after tax, can you make in an hour? $50? $500? $5,000?

Australian Resident For Tax Purposes Explained

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.

You (Probably) Don’t Have A Tax Problem