Golden Insights
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Budgets Are Boring! 5 Ways to Spend Less Easily
Budgets Are Boring! 5 ways to spend less without one. If you hate budgets and budgeting and find it sooo boring, how can you easily cut your spending? Here are five ways to save without tracking every transaction: Review your subscriptions - Your fixed outgoings...
Breakeven Point – What’s Yours?
Breakeven Point - What's Yours? Understanding your business breakeven point is essential to know how much money you need to make to stay in business. It can therefore help you make well-informed financial decisions and practical business plans. The breakeven point is...
UPDATE: Working From Home Deductions
UPDATE: Working From Home Deductions Starting from the 2023 financial year, there are new rules for keeping records and calculating deductions for people who are working from home. There are now two ways to work out your deductions: the actual cost method and the...
Cashing Out Annual Leave – Here’s How
Cashing Out Annual Leave - Here's the Lowdown Are your staff asking about cashing out annual leave? There are some important rules to remember before paying out annual leave. Firstly, you must review the employee’s modern award to check that cashing out leave is...
Business Tips: Go Digital and Cloud
Business Tips: Go Digital and Cloud Transforming into a digital and cloud business sets the best possible infrastructure for future growth. And, as your business scales, the benefits of going digital will become apparent. Running your key business processes in the...
Business Performance vs ATO Small Business Benchmarks
Your Business Performance vs ATO Small Business Benchmarks Are you interested in comparing your business performance against the ATO Small business benchmarks? It can be a valuable exercise to see whether your business is performing well, on average, or lower than the...
Spend Efficiently with Digital Credit Cards
Spend More Efficiently with Digital Credit Cards Do you need to manage expenses for your business and team? Digital credit cards have been around for some years but have recently grown in popularity. Their user-friendly practicality is becoming appreciated by many...
Business Relationships in Times of Crisis
Business Relationships in Times of Crisis Strong relationships with clients, customers, suppliers, and staff are key to business success. But in a crisis, it’s easy to focus on your own issues and neglect those important connections. Here’s how to stay connected...
Stay Competitive in Your Business Industry
Stay Competitive in Your Business Industry It’s challenging to make your business stand out from the crowd, especially in the 21st-century digital environment where large and small businesses compete for the same customers. Remaining competitive is vital for any...
5 Ways to Reduce Your Business Energy Bills
5 Ways to Reduce Your Business Energy Bills Rising global energy prices are a worry for all business owners. When the cost of your predicted annual bill goes up, that’s likely to stretch your cash flow thin. So, what can you do to overcome the problem of rising...
Holidays & Annual Leave – What You Need to Know
Holidays & Annual Leave – What You Need to Know The summer holiday period can be confusing to employers and employees alike. Public holidays worked or taken as annual leave, business shutdowns, annual leave provisions... There are many rules employers need to...
Accounting for the Construction Industry
Accounting for the Construction Industry Are you looking for expert assistance for accounting and bookkeeping in the building and construction industry? We know it's a complex industry, and it's been hit hard recently. Getting professional help to get your business...