Getting the most from your Accountant means more than doing your Taxes

Posted by Azure Group on 14-Jan-2019 13:38:47



Great accountants don't just take care of tax-prep and compliance issues. Numbers really do tell a story and today's entrepreneurs are turning to qualified business accountants to help drive success and business profits.


We often think of an accountant as the person that does our tax return or lodges our BAS statements each quarter. But an accountant with true commercial acumen can really make a significant difference in your business and help you.

Strengthening and developing your relationship with your accountant is really an investment in your long term business success.

Here are some examples of how your accountant can add more value to your business.

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Topics: Accounting Firm Sydney, Azure Group News, Business accountants, Sydney Accountants, taxation

Can you do the math? What's 25 percent of $148?

Posted by Azure Group on 18-Oct-2018 09:57:05



One area that many entrepreneurs and small business owners undervalue is math. What do we mean by math? The ability to, at any moment, know the critical numbers that calculate whether you are profitable or not.

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Topics: Business accounting, Business accountants, Small Business Accounting, Azure Group News, business advisory, Sydney Accountants, Accounting Firm Sydney, Entrepreneur

5 Reasons you should understand the Value of Your Business

Posted by Kelly Morgan on 28-Sep-2018 07:00:00



Ever wondered what your business is worth? 
If you aren’t planning on selling in the near future you may not have even thought about it. However, we think it's important to always understand the value of your business and outline 5 compelling reasons why!

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Topics: Business success, Small Business Accounting, Business accountants, small business, Business Growth & Cashflow, Azure Group News, business valuation

Key Tax Concessions for Small Business

Posted by Tanya Moran on 09-Aug-2018 08:43:36

Small business owners need to be aware of tax concessions. While you need to check your eligibility, here are a few concessions may apply:

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Topics: Tax professionals, SME tax rates, small business, Sydney Accountants, Accounting sevices, Outsourced accounting services, Business accountants, Azure Group News

How your Tax Strategies can affect your Business Loan

Posted by Azure Group on 26-Jul-2018 10:21:59

 

Traditionally banks have been wary of lending to small business and the capacity to borrow is becoming more difficult. Because of this, banks have spent most of their focus on bigger fish, leaving entrepreneurs and startups to generally fend for themselves. However, Australia is built on small businesses, so it is in all of our best interest to make sure that these businesses get the help they need to become successful.

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Topics: Sydney Accountants, Business loans, Business banking manager, Small business loans, Investment, banking solutions, Business banking, Business accountants

Can Negative Gearing be used as a Profitable Strategy for Property Investors?

Posted by Tanya Moran on 24-Jul-2018 09:54:57

 

Negative gearing…..a topic that polarises most financial advisers and confuses most investors. So is negative gearing a good strategy? Can it be used to as a profitable strategy for Property Investors? In this article we look at exactly what negative gearing is and the difference between negative and positive gearing.

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Topics: Negative Gearing, Net rental income, capital raise, Capital growth, Tax deductions, Positively geared property, Investment, Sydney Accountants, Business accountants

5 Reasons you should Seek Advice from an Accountant

Posted by Azure Group on 17-Jul-2018 08:47:15

Often when we have a tough business decision to make we are at a loss as to who we should get advice from. There is often a fear that professionals have their own agenda so we shy away from asking. Instead many people turn to family or friends. While they might have your best interests at heart, they are often ill equipped to advise on business or finances. This can mean that you get the wrong advice and make ill informed decisions.

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Topics: Accounting Firm Sydney, Sydney Accountants, Business accounting, Accounting sevices, Outsourced accounting services, Small Business Accounting, Business accountants

The challenges of Dashboard Reporting

Posted by Kelly Morgan on 04-Jul-2018 07:00:00

 

Dashboard reporting is designed to make life easier. They are a one page snapshot of the real time results of a business and how it is performing against key measures. It is a clear and concise, visually appealing representation of key business drivers and risks. Sounds great right? Well there are a few limitations and issues with dashboard reporting. Here are the key issues you need to be conscious of when viewing your report. The challenges of dashboard reporting

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Topics: Dashboard reporting, Business growth, Business efficiency, Business performance, Business accountants, Azure Group News, Sydney Accountants

Business Owners: 5 Tips to get the most out of your Accountant

Posted by Azure Group on 29-Jun-2018 08:51:21

A good accountant is vital to your business operations. Not only for planning accounting and tax, but for advice on almost all aspects of your operations. Therefore ensuring that you have a good relationship with your accountant is critical.

So how can you increase your chance of getting what you need from your accountant to grow your business? #sydneyaccountants #news #smallbusinessgrowth

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Topics: Business accountants, Sydney Accountants, Accounting sevices, Outsourced accounting services, Business accounting, Accounting Firm Sydney, Business growth, Small Business Accounting, Business efficiency

AASB 16: The leases standard is changing from 1 January 2019. Are you ready?

Posted by Kelly Morgan on 20-Jun-2018 13:00:00

Designed to improve transparency, comparability and disclosure of leasing activities there is a new leasing standard coming. It takes effect on January 1, 2019 and you need to be ready. In this article we look at what are the changes, who it affects and what you need to do in order to be ready by 1 January 2019. #sydneyaccountants

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Topics: IFRS16, Leasing standard, AASB16, Accounting model, Balance Sheet, profit, loss, Business accountants, Tax professionals, Lease Accounting Standard