Starting your own business is a BIG leap of faith. Will you find any customers? Will you make enough income? These are questions that any founder will ask themselves

The money we spend each day tends to be invisible. When was the last time you withdrew your cash for the week and used it to make purchases?

‘Fail to plan, plan to fail’, as the saying goes. If you're going to create an effective, successful and profitable business, you need to create a solid strategic plan.

When you’re running a business, it’s easy to get caught up in the day-to-day activity and lose sight of the big picture.

If you’re going to grow your company in the right way, pinning down your goals and having a clear vision for the business from the outset is vital.

Contracting or freelancing requires you to wear a lot of hats.Relationship-building, keeping track of your time, marketing your skills and actually doing the work.

Each quarter, GST-registered small businesses submit a business activity statement (BAS) to the Australian Tax Office (ATO).

Making a profit isn’t something that happens overnight – to create a good return from your business you need a clear focus and a well thought-out strategy for increasing profitability.

Donating to charity not only supports the vital work of an organisation or group, but it can have positive side-effects when it comes to claiming tax deductions.

How you get your end of financial year information from your employer showing your earnings for the year (also known as a payment summary or income statement) depends on how your employer reports your income, tax and super information to us.

When you’re employed, your employer makes compulsory contributions to your superannuation.

Cash flow is the lifeblood of your business. And when it comes to cash flow management, preventing cash issues is far easier than trying to solve these issues after the event.

As of 1 July 2019 new legislation regarding several areas of superannuation will come into effect.

If you have a home office for your business, you should be able to claim some of the costs involved in maintaining, owning and using your home.

If you are already reporting Single Touch Payroll (STP) to the ATO, there is a different process for issuing payment summaries from now on.

Single touch payroll (STP) is a new regulation that changes when and how small businesses report payroll activity to the Australian Tax Office (ATO).

Access to the internet is now second nature for those of us working online every day.

Landing a large client is an exciting milestone but servicing them can be demanding.