Is it Perfect Timing to Invest in Australia?

Posted by Azure Group on 02-Oct-2018 08:38:14



We may have just faced yet another leadership change and cabinet reshuffle. But our political musical chairs hasn’t seemed to affect our ability to be an appealing investment prospect. With record low interest rates and stable unemployment we are a country with a lot going for it.

Australia is an economy that has proven it is resilient, adaptable and safe. As the world’s 13th largest economy it has a AAA rating by all three global rating agencies and is forecast to have an average annual read GDP growth of 2.9 per cent over the next five years. 

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Topics: Investment, Invest assets, Invest money, Investor, Property Investor, Startup investors, Invest in Australia, international business

Can you succeed as an Entrepreneur if you treat your Business like a Hobby?

Posted by Michael Derin on 01-Sep-2018 09:12:00

Whether you need motivation to transform your idea into a functioning business or you just need a little boost when you’re down, it’s always good to seek wisdom from bright and successful minds who have experienced it all before. 

Recently, I heard one successful entrepreneur say “If you don’t want to work ON YOUR startup for at least 10 years, don’t startup at all”.  This was meaningful to me because, as a business owner myself with more than 25 years experience in entrepreneurship I can easily relate with that sentiment.

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Topics: enterpreneurship, Entrepreneur, Startups, Startup investors, Business growth, Business Growth & Cashflow, Business success

What’s essential to Setting up properly in Australia?

Posted by Michael Derin on 23-Aug-2018 11:06:39

If you are looking to operate your foreign owned business in Australia there are a few things you need to consider. Making sure that you get some of the key components right from the beginning can save you a lot of headaches and costs later on down the track. Here are some of the key things we think you need to consider before commencing your operations:

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Topics: Startup Australia, Startup investors, Sydney Accountants, international business, Azure Group News, Starting business in Australia, Company Director, TFN

How to choose the right Accountant for your Startup?

Posted by Azure Group on 20-Aug-2018 08:42:08

Your relationship with your accountant should be a long term, trusting relationship. They should have a good understanding of you and your business in order to assist and advise you in the best possible ways. Not all accountants are the same, and it is therefore important that you choose an accountant that is right for you and your startup. Here are our tips on things to consider when choosing an accountant.

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Topics: Startup investors, Startup Australia, Startups, Investment, Accounting Firm Sydney, Azure Group News, Tech Business, Technology Business, startup accountant

Top 4 Financial Tips for Startups

Posted by Michael Derin on 23-Jul-2018 08:37:39

The startup economy is booming in Australia. Driven by innovation it is tipped that by 2033 startups will play a huge role in our economy by contributing as much as $109bn or 4% of GDP and 540,000 jobs.

With this increase in numbers, the failure rate of startups is likely to soar.  A report by the International Business Times in May 2017, suggested the failure rate was 50%.  One of the reason for this was due to Capital Issues.  So can you ensure your startup doesn't fail due to financial reasons?

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Topics: Startup investors, Startup Australia, Startups, Azure Group News, Financial advisor, Financial advisory

Don't let your Startup fail: 7 Financial habits of a Healthy Startup

Posted by Michael Derin on 09-Jul-2018 10:37:30

Finances are always an issue with startups. In fact, good habits can often mean the difference between a start up that thrives and one that fails. So how do you give your start up the best chance at survival? Here are our top 7 tips for creating strong financial habits:

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Topics: Startups, Sydney Accountants, Tech Business, Startup investors, Startup Australia, Technology Business, Azure Group News

Business Accounting: 7 steps to get your Startup on track

Posted by Kelly Morgan on 14-Jun-2018 13:00:00

 

Starting a new business can be overwhelming, there is so much to do and not all of it is within your skill set or interests. We find many new business owners struggle with getting a system in place for their accounting and this can cause big headaches down the track. So we have put together a list of areas that you need to put in place early to ensure that your finances run smoothly. #startup #startupadvisor

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Topics: Tech Business, Startup Australia, Startup investors, Startups, Azure Group News, Sydney Accountants, Business accountants

Claiming Start Up Costs

Posted by Michael Derin on 23-May-2018 07:00:00

Starting a business can be costly. Most of the time there are significant set up costs before you have even started generating an income. So how can you claim costs when you don’t have an income to offset it?

As a general rule capital costs such as the purchase of a business is not claimable, however, the costs associated with maintaining and running a business are tax deductible.

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Topics: Startup investors, Startup Australia, Startups, Business accountants, claiming tax, Investor

Has the governments Angel Investor Tax Incentive Scheme lived up to expectations?

Posted by Michael Derin on 27-Apr-2018 12:29:53

Introduced almost two years ago, the angel investor tax incentive scheme hasn’t quite lived up to expectations. The $100 million dollar scheme was part of the governments $1 billion National Innovation and Science Agenda that they released at the end of 2015.

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Topics: ESIC, GST, Startup Australia, Startups, ATO, Startup investors, capital raise, Tax deductions, Angel Investor Scheme

Startups: 7 Ways to Stay on Top of your Cashflow

Posted by Kelly Morgan on 13-Apr-2018 16:48:31

Ask most business owners what their biggest challenge is and 9 times out of 10 the answer is cashflow. For startups this is even more difficult, especially in the technology arena where significant money is spent on research and development before go to market is achievable.

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Topics: cashflow, Business Growth & Cashflow, Startup Australia, Startup investors, Startups, GST, ASIC