As the year wraps up, it is easy to get caught up in the festive season and forget about your business goals. Before you switch into holiday mode, it's worth taking a moment to reflect on how your business is currently performing and what you can do to start the New Year off strong.  A quick end of year check in can help you understand how your business is going and if you’re on track to be hitting your targets that were set at the start of 2025/26.  1. Book a Business Adviso

Getting a deposit or part-payment feels great, especially when you’re juggling multiple jobs. But if you don’t set aside the tax portion right away, it can catch up with you fast.  Many small business owners, especially tradies, make the mistake of treating deposits as extra spending money. The problem? That money still counts as income, which means it’s taxable. Ignoring that fact can lead to:  Unexpected tax bills  Penalties from the ATO  Cash flow headaches when it’s time

Hiring an apprentice is not just about giving someone a go on site. It involves employment contracts, payroll, super, workers compensation and more. The wrong structure could expose you to unnecessary risk and can be more difficult to change later down the track.    When you hire staff there comes many risks. Risk of the staff member getting hurt, risk that the staff member could cause mistakes, risks that staff member could become disgruntled for legitimate and non-legitimat

As your business grows, it may be time to think about changing your structure. Moving from a sole trader to a company can offer better legal protection, open new tax planning opportunities and help you work with larger clients.    But many business owners are caught off guard by the actual cost of making the switch.  This post will help you understand the fees involved so you can plan properly and avoid any unwanted surprises. Whether you are growing fast or simply looking f

Switching from a sole trader to a company is a big step. It gives you more structure, protection and opportunities to grow. But it also means updating the people and organisations you deal with.  Many business owners think once they register the company, that is the end of it. Not informing the right stakeholders can cause confusion, delays and even legal issues. Clear communication helps you stay compliant, keep your relationships strong and avoid unnecessary stress.    Who

Starting a business is exciting, but making the right choices early on can save you a lot of time, money, and stress down the track. Two of the most important decisions you'll face are choosing the right business structure and picking a business name that reflects your brand.  Many business owners rush through this part or follow what others are doing without understanding the long-term impact. Getting these steps right helps you stay compliant, build trust with customers and

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Starting out as a sole trader makes perfect sense. It is simple, affordable and gets your business off the ground quickly. But as your business grows, you might start to feel the limits of that setup.  Many business owners reach a point where they wonder, “Is it time to take the next step?”  Some common triggers for starting to think about changing from a sole-trader structure:  Having employees  Increase in income  Great volume of work and risk  Larger jobs and projects  Pur

If you are working in the NDIS space, you probably know how tricky it can be to juggle your income, expenses and personal spending all from one bank account. It might feel easier to keep everything in one place, but that mix can quickly lead to stress. Often important details then get lost, tax deductions are missed, and it becomes harder to show clear records when the ATO or your accountant asks for them.  Opening a separate business bank account is a simple and easy way to