Tag: Partnership

  • 2025 New Year’s Resolution: Should Your SME Outsource Its Finance Function?

    As we kick off 2025, many small and medium business owners are setting resolutions to improve and grow their businesses. One often overlooked area where significant gains can be made is in your finance function. Should you continue handling your accounting and bookkeeping in-house, or is it time to outsource? Let’s explore the benefits of…

  • A Must-Read Guide: Bookkeeping for SMEs in Australia – Navigating the Essentials

    Small and Medium-sized Enterprises (SMEs) form the backbone of the Australian economy. Effective bookkeeping is crucial for these businesses to thrive. Good bookkeeping practices not only ensure regulatory compliance but also provide clear insights into financial health, guiding strategic business decisions. In this post, we’ll explore the do’s and don’ts of bookkeeping, highlighting important aspects…

  • What Business Structure Should You Choose When Starting Up?

    Welcome to our Start-Up Series, where we offer essential guidance for new entrepreneurs. Today, we’re tackling part of a vital question: “What business structure is best for my start-up? “ Understanding this is key to your venture’s success, particularly from a tax perspective. The 3 Pillars of Business StructureWhen deciding on a business structure, there…

  • Choosing the Right Business Structure: A Simple Guide for Australian SMEs

    As a business owner, one of the most crucial decisions you’ll make is selecting the right business structure. This choice not only affects your tax obligations and potential personal liability but also influences your ability to grow and adapt in the future. Let’s delve into the four main types of business structures in Australia –…