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: Business accountants, Sydney Accountants, Accounting Firm Sydney, taxation, Accounting

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: strategy, Business accountants, Sydney Accountants, Accounting Firm Sydney, Small Business Accounting, business advisory, Accounting

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: international business, Startup Australia, Startup investors, Company Director, Sydney Accountants, Starting business in Australia, TFN

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: small business, Business accountants, Outsourced accounting services, Tax professionals, SME tax rates, Sydney Accountants, taxation

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

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

Ignoring your Fringe Benefits Tax (FBT) obligation could trigger an ATO Tax Audit

Posted by Tanya Moran on 13-Jul-2018 08:45:50


Previously the ATO has not focused its efforts on Fringe Benefits Tax (FBT) and therefore many business owners have put their heads in the sand and ignored it. But this isn’t a great strategy and with the ATO now putting more emphasis in this area it could land you in hot water. Here is what you need to know.

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Topics: ATO, Fringe Benefits Tax, audit, auditor, Sydney Accountants, FBT, tax audit, ATO audit, taxation

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: Tech Business, Startups, Startup Australia, Startup investors, Sydney Accountants, technology

How to choose the right Bank for your Small Business

Posted by Azure Group on 06-Jul-2018 08:44:35

How to choose the right bank for your small business?

When you are first starting out in business you don’t know what you don’t know. There are so many decisions to make, and banking probably doesn’t seem like a big decision. You will probably go with who you have your personal banking with. But your banking choices can lay the financial foundations for your future financing opportunities. You should at the very least be looking for a bank that is supportive and reliable.

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Topics: Lending, Business banking, Small business loans, Business banking manager, Sydney Accountants, Business accounting

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: Business growth, Business accountants, Dashboard reporting, Business efficiency, Business performance, Sydney Accountants, Accounting

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? 

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

How to amaze a Business Banking Manager: Be a Perfect Customer

Posted by Azure Group on 25-Jun-2018 14:18:09

 

Ever wondered what a bank wants from a customer?  Banks may seem unreasonable at times, but the truth is, what they want is actually pretty simple! Here is our guide to be being the perfect bank customer.

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Topics: Business banking manager, Bank covenant, Business loans, banking solutions, Lenders, Bank, Westpac, CBA, ANZ, NAB, Sydney Accountants