by Davie Mach | Dec 21, 2022 | Accounting, BAS, Tax Returns & Financial Statements, Small Business Handbook
As any business owner knows, change is a constant part of running a successful operation. What works well at one stage of a business’s development may no longer be the best option as the company grows and evolves. This is especially true when it comes to business...
by Davie Mach | Nov 30, 2022 | Accounting, Accounting, BAS, Tax Returns & Financial Statements, Contractor Handbook, Small Business Handbook, Tax Planning, Tax Planning
Medical professionals constantly juggle their day-to-day practice with the business side of things. But let’s face it, as a doctor, you’ve got your hands full with patient care, so management and financial planning tends to take a backseat. While a...
by Sean Yee | Dec 20, 2021 | Accounting, Small Business Handbook
Knowing the difference between the two accounting methods is vital as a business owner because it can significantly impact your business. You must decide between two primary methods: accrual accounting or cash accounting. Cash accounting is the oldest form of...
by Davie Mach | Oct 22, 2021 | Accounting, Small Business Handbook
The last thing that any business owner wants to think about is closing their company. However, considering the worldwide pandemic and how tough the last two years have been on our economy, it has become an inevitable consideration for many business owners. ...
by Davie Mach | Oct 22, 2021 | Accounting, Accounting, Contractor Handbook, Small Business Handbook
Considering the current state of the worldwide economy and the effects of the pandemic, it’s no surprise that business owners are rethinking their exit strategies, particularly in terms of liquidation.Some business owners have seriously weighed up the option of...
by Davie Mach | Jun 29, 2021 | Accounting, Small Business Handbook
Finding a good business accountant for your small business can seem like an impossible task. With so many accountants out there, it’s hard to know which one is right for you and your company. You could ask around for referrals, but at the end of the day, you...
