How A Business Accountant Can Prepare Your Company For Sale

Posted on: 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.
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Should You Buy A Similar Business To Help Expand Your Own?

Posted on: 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 "
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2 Major Accounting Mistakes to Avoid for a Small Business

Posted on: 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.
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As a Tradie, Are You Claiming All Your Tax Deductions?

Posted on: 20 December 2021

If you run a small business as a contractor, you may think that tax accounting is a one-way street where you only seem to pay out to the ATO. Yet, the tax code is comprehensive and contains a number of different ways to help a business owner like you, and this may allow you to pay less at the end of the year than you might think. What are some of the available deductions that could be appropriate in your case?
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