DJ Grigg - Blog Post Get Paid

Business Tips: Make it Easier to Get Paid

Making sure you get paid on time is crucial to your success. The process of making sales and generating revenue lies at the heart of any business model. But you can’t manage your cash flow effectively or raise any profits if customers don’t actually pay their invoices. The easier you can make it for customers […]

DJ Grigg - Blog Post Budgeting and Cash Flow

Business Tips: Budget and Manage Cash Flow.

Working to strict budgets becomes a necessity if you want to stabilise your finances and grow the business. Managing the cash flow twists and turns of a project can be hard work. But it’s easier to do when you have an agreed budget and can track your spending and performance. So, what’s the best way […]

DJ Grigg - Blog Post New Startup Business Development

New Startup? Your Business Development and Us

As your accountant, we won’t just look after the financial side of your business, we can also advise you on the strategic side of your company. Including the importance of business development as a vital part of your growth plan. Business development (BD) is what helps your company move from slow, organic growth to fast-paced, […]

DJ Grigg - Blog Post Business Operations

New Startup? Get Your Business Operational

If you are ‘pressing go’ on your new business, what are the key elements to have in place before your business is operational and you begin trading? The complexity of your operational model will vary greatly, depending on the kind of business you’re setting up. For obvious reasons, a small two-person design agency will have […]

DJ Grigg - Blog Post KPI performance

New Startup? Set KPIs and Measure Performance

Once you begin trading, you’re faced with a new challenge – successfully managing the course of your brand-new business and making sure it’s a profitable enterprise. It’s easier to manage your startup’s sales and finances when you have access to the best possible information and data about your performance. Tracking specific metrics and key performance […]

DJ Grigg - Blog Post New Startup Ideal Customer

New Startup? Identify Your Ideal Customer

Customers form the beating heart of your startup. Without a stable customer base, you can’t generate sales, bring in income or create a viable business model. So, it’s vital for your new business to have a very clear and fleshed-out idea of your ‘ideal customer’. Your perfect customer may well evolve and change over the […]

DJ Grigg - Blog Post New Startup Employees

New Startup? Hiring Employees 

When setting up your new venture, the people you hire may well become the most important assets in your business. They’re your trusted employees you are hiring, the face of your new brand, and the people you’ve entrusted with getting your business idea out into the real world. Because of this, it’s vital that you […]

DJ Grigg - Blog Post Self-managed Super Fund

Self-Managed Super Fund: What you Need to Know.

It’s always a good idea to think about your retirement. Many people in Australia use a Super Fund to manage their retirement savings. But some people opt to do something a little different and set up a self-managed super fund (SMSF). What is an SMSF? At a basic level, setting up an SMSF means creating […]

DJ Grigg - Blog Post Superannuation eligibility changes

Superannuation Eligibility Change: How will it Impact You?

In addition to planning for the expected statutory super rate rise to 10.5%, some employers need to prepare for a significant changes regarding superannuation eligibility from July 2022. Removal of the $450 Monthly Earnings Threshold The $450 per month superannuation eligibility threshold has been removed for most workers. This means employers will need to pay […]

DJ Grigg - Blog Post Superannuation Rate Rise

Superannuation Guarantee Rate Rises to 10.5%

The superannuation guarantee statutory rate has remained at 9.5% since July 2014. However, plans have been in place for some years now to incrementally increase the rate to 12%. In July 2022, the rate will rise to 10.5%. From then on, the rate will increase by 0.5% each year until July 2025. At that time […]