As the year winds down and the holiday season approaches, small business owners across the Sunshine Coast start asking the same questions: Can I claim the staff Christmas party? Are client gifts tax-deductible? How do I plan ahead for holiday cash flow? Is it too late to review my business goals for the year?…
As June 30 approaches, many small business owners start to feel the familiar EOFY pressure. There’s paperwork to finalise, reports to run, super to pay, and questions for the accountant piling up. It’s often a mad dash to the finish line, with the mindset of “just get it done.” But what if EOFY wasn’t…
Cash flow is the heartbeat of any business, but for those working in construction, trades, or the service sector, it’s particularly critical. Even businesses that are profitable on paper can find themselves struggling if cash isn’t flowing in at the right time. Over the years, it’s become clear that the businesses that thrive are those…
Running a small business is exciting, but keeping up with the financial side can feel overwhelming. Whether you’re just starting or have been in business for years, solid accounting practices are the key to staying profitable, reducing stress, and avoiding costly mistakes. This guide will walk you through the essential steps to keep your business…
The impacts of ex-Tropical Cyclone Alfred have been significant for businesses across South East Queensland. If your business has been affected, there are financial support options available to help with recovery, including grants, concessional loans, and income support payments. Below is a list of assistance programs, links to apply, and steps to help your business…
As a small business owner, working with an accountant can be one of your smartest investments. A good accountant does far more than just crunch numbers—they can provide financial insights, help you plan for growth, and ensure you stay compliant with tax laws. However, many business owners struggle to maximise this relationship. If you’re wondering…
A new year means a fresh start, and for small business owners, it’s the perfect time to get organised and set the tone for the months ahead. January might seem like a quiet month, but it’s the ideal opportunity to implement smart financial practices and plan for success in 2025. Here’s how to kick off…
As December rolls around and the year draws to a close, it’s time for small business owners to reflect, prepare, and set themselves up for success in the new year. The festive season might be busy, but taking the time to tidy up your finances can make a world of difference for your business. Here’s…
Running a small business is both rewarding and demanding. Among the many responsibilities that come with entrepreneurship, managing finances effectively is crucial. Good accounting practices help you maintain a healthy business, maximise tax benefits, and make well-informed decisions. In this guide, we’ll cover essential accounting tasks that every small business owner should master to stay…
Effectively managing your finances for your small business is crucial for success. Modern accounting platforms like MYOB and Xero offer powerful tools to streamline your financial management. In this blog post, we’ll explore five practical tips to help you improve your accounting system and make the most of these platforms. Embrace Cloud-Based Accounting …