Not sure if you’re doing everything right when it comes to paying directors’ fees? You’re not alone. Directors’ fees can be confusing because you need to follow procedural requirements when paying them. There are also ATO rules to be aware of if you want to claim them as a tax...
Author: Patrick Sargent
Patrick Sargent is a Chartered Accountant and registered Tax Agent who is passionate about helping business owners and individuals achieve their goals, helping small businesses with a range of accounting services, including tax preparation, financial advisory, accounting and bookkeeping, and personal tax planning, as well as company, trust, and partnership tax returns and more.
How to increase cash flow in your small business
What’s your biggest worry for your business?How to increase cash flow in your small business?Cash flow tends to top the list for many business owners, and for good reason. ASIC’s report on corporate insolvencies shows that year after year, inadequate cash flow remains a key reason why businesses fail.But it’s...
How to start a business in Australia
https://youtu.be/FtaIzrsfbA8 Since small businesses account for almost 98% of all enterprises nationally, the question of how to start a business in Australia is indeed a popular one. To help you transform your vision into a viable undertaking, we’ve put together a roadmap, beginning with a general framework of how to...
When is the right time to hire an accountant?
It’s fair to say that COVID-19 disruptions have redefined what it means for businesses to be flexible operationally and financially. More than ever, business owners need to be on top of cash flow, pivot to new operational strategies and understand different financing alternatives. They also need to know the latest...
How to generate high quality leads for your business – The Ultimate Checklist
So you’ve started your business but now you’re struggling to generate leads for your product or services? Don't stress, you’re not alone. Even professionals can struggle with this. Lead generation is imperative for the operations of any business and in the long run, the benefits are endless. If you want...