Is a Self-Managed Super Fund the Right Choice for Your Retirement Goals?
9 November 2023
When it comes to planning for retirement, there are many options available. One option that has gained popularity in recent years is a self-managed super fund (SMSF). An SMSF is a type of pension scheme that is managed by the members themselves rather than being outsourced to a third-party provider. This allows for more control over investment decisions and potentially higher returns. This blog post provides a closer examination of what a self-managed super fund is, how it operates, and its suitability for individuals.
How A Business Accountant Can Prepare Your Company For Sale
8 May 2023
Selling your business is an enormous decision to make, and it can be a very complicated process. You have spent years building your company, and you want to make sure that you get the best possible return on your investment. Therefore, having an experienced, knowledgeable professional beside you is essential as you navigate the process of preparing your company for sale. A business accountant can be just the resource you need to ensure that everything runs smoothly.
Should You Buy A Similar Business To Help Expand Your Own?
6 October 2022
As a successful small business owner, you undoubtedly know how difficult it is to grow without investing in new equipment or staff and the associated onboarding costs. It's little wonder that many companies take a long time to see the fruits of their investments when they try to expand in this way. Yet there may be an easier path to success, and some people will decide to buy another business as a "
2 Major Accounting Mistakes to Avoid for a Small Business
23 May 2022
Proper accounting and financial management are critical to a successful business. Yet the lack of appropriate accounting knowledge pushes some business owners to make mistakes that derail their growth trajectory.
Although accounting errors are bound to happen occasionally, you can avoid most of them and minimise their impact by learning about these common accounting habits that could harm your bottom line.
Mixing Personal and Business Finances
However tempting it is, refrain from using personal finances to boost business operations.