NSW Covid19 Small Business Financial Support
NSW - What lockdown support is available to business? If your business has been adversely impacted by the recent lockdown in NSW, support is available. The NSW and Federal Governments have announced a series of new measures to support business during extended lockdowns of four weeks or more. Up to $15,000 through the expanded NSW 2021 COVID-19 business [...]
Do I need an ABN for my sole trader business?
Do I need an ABN for my sole trader business? Like many people, you may be just starting your small business or side hustle and are unsure on whether or not you should obtain an ABN? Perhaps it’s a life-long hobby that has suddenly started generating revenue for you and you now need to decide if you [...]
Home-Based Small Business Tax Deductions
Home-Based Business Tax Deductions The pandemic has seen a dramatic rise in small businesses operating from private home locations across the Macarthur region. Often these small one-person businesses have been started either as a side hustle that has grown or out of necessity to replace lost employment. Educating yourself on what deductions you can claim for this type [...]
Ten Productivity Tools To Help You Get More Work Done
Ten Productivity Tools To Help You Get More Work Done In today’s fast-paced world, everyone wants to be more productive. Fortunately, there is an ever-increasing number of tools, many of them available online and across multiple devices, that promise to help us achieve our goals. The challenge then becomes how to know not just which tools will live [...]
Tax Tips For New Small Business Owners
Tax Tips For New Small Business Owners 1. Commit to clean bookkeeping from day one Year-round, effective bookkeeping is the best way new business owners can minimize tax season stress. With the wide range of accounting software out there, there’s no reason to rely on time-consuming manual methods that leave room for error. All-in-one [...]
Five Reasons To Buy A Franchise
Five Reasons To Buy A Franchise If you’ve got the entrepreneurial spirit but aren’t ready to start up your own business, you might want to consider a franchise. A franchised business can offer the best of all worlds: the opportunity to work for yourself, earn a profit quickly, and enjoy a high long-term success rate. Read on [...]
Essential Tips To Grow Your Family Small Business
ESSENTIAL TIPS TO GROW YOUR FAMILY BUSINESS Most family business owners have a similar goal in mind – to grow the business and pass it on to the next generation of their family. While keeping the business in the family and getting to work with your parents, siblings, or children who share common goals can be a fun [...]
Eight Key Characteristics Of Successful Small Businesses
Eight Key Characteristics Of Successful Small Businesses No matter what industry your small business operates in or the size of your small business it is a fact that there are certain non-negotiable characteristics that all successful small businesses have in common. We believe that most of these are just commonsense, but of course, as time goes on in [...]
Five Essential Tips For New Property Investors
Five Essential Tips For New Property Investors Everyone wants to achieve financial independence. However, until you have enough income-generating assets, you are unfortunately dependent on someone else such as your employer. Investing in properties, when done right, can provide an ongoing income stream and a cash lump sum when you decide to sell it. If you are a [...]