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Brisbane 2032 Olympics and Paralympics benefit to Businesses
Business

Brisbane 2032 Olympics and Paralympics benefit to Businesses

Brisbane will be hosting the 2032 Olympics and Paralympic Games, making it one of the largest events ever undertaken in Queensland. Opportunities will be available to businesses across all industries, including tourism, event management, infrastructure, sporting clubs, real estate, retail, and hospitality. Economic boost opportunities Engaging local industry and creating jobs are one of the

5 Compelling Reasons Why Each Business Must Have a Succession Plan
Business

5 Compelling Reasons Why Each Business Must Have a Succession Plan

The sudden change of leader is one of the businesses nightmares. Finding the correct person to fill in the last head’s shoes is difficult, let alone challenging for the entirety of the company. However, it is something even the most successful companies can’t avoid.   But with the help of a succession plan, companies shouldn’t have

What an Accountant Can Do for Your Private Medical Practice
Business

Accountant for Businesses: What an Accountant Can Do for Your Private Medical Practice

When people are asked what accountants do, they frequently mention the responsibilities of tax agents and independent auditors. This only shows how often the functions of professional accountants are misunderstood. Therefore, it is even more important to stress the importance of hiring an accountant for businesses, including private medical practices.  The medical field’s need for

5 Important Factors to Consider Before Selling Your Business
Business

5 Important Factors Before Selling Your Business 

As a business owner, a time may come when you will have to move forward and sell your business. While not all business owners take this step, it is best to be prepared in case the need arises in the future.   Selling your business is not as simple as finding a buyer. There are many

6 Surefire Steps to a Better Business Budget Strategy
Business

6 Surefire Steps to a Better Business Budget Strategy

Small business owners must estimate and match expenses to revenue to keep track of their income. Without a business budget strategy or plan, a business runs the risk of spending more money than it takes in or not spending enough money to grow and compete. 1. Check Industry Standards To know how much money your

Should I Get an Accountant for My Small Business
Accounting

Should I Get an Accountant for Small Business?

Running a business can be quite tricky, especially when you’re just starting out. From ensuring you’re creating the best product or providing the best service to making sure you have your marketing strategies on point. However, you shouldn’t skimp on your finances since this is a vital element that can help you reach your business

Strategies for Making Forecasting and Budgeting More Effective
Budgeting

Strategies for Making Forecasting and Budgeting More Effective

No matter how big or small your business is, forecasting and budgeting are essential. It helps you plan strategically on how to allocate necessary funds. It prevents you from getting into unfavourable financial situations and lets you anticipate the future.  With the proper budget, your company will be on a path toward growth, thereby increasing

Top Reasons to Establish a Self-Managed Superannuation Fund
SMSF

Top Reasons to Establish a Self-Managed Superannuation Fund

A Self-Managed Superannuation Fund (SMSF) is a private fund that offers various benefits over a standard super fund. There are a number of reasons to establish a Self-Managed Superannuation Fund, and it is vital to thoroughly consider the advantages of establishing one.     1. More Investment Access and Control   Establishing an SMSF allows you to invest

5 Common Bookkeeping Mistakes Made By Small Businesses
Small Business

5 Common Bookkeeping Mistakes Made By Small Businesses

Business expansion requires a lot of resources. One such resource is bookkeeping, and many businesses neglect it.  Many business owners believe that accounting is a simple process and don’t spend the time necessary to learn it. However, inadequate accounting and common bookkeeping mistakes and practices can lead to insolvency. Poor accounting puts the financial health of any organisation at risk.  Here

tax minimisation
Tax

4 Crucial Tax Minimisation Strategies for High Income Earners

“She works hard for the money,” Donna Summer once said. Her song still resonates for most adults now. Although we do not want to share something that we worked hard for, we have to give some to the government. It is how things work and that is where tax minimisation strategies come into play.  Everyone

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