1. Your company is making progress
Every business owner dreams of growing and expanding their revenue.
2. Your customers are behind on paying invoices
Many small businesses face this struggle: chasing down customers who owe them money.
3. You’re unsure about your taxes
Having a Bookkeeper in place can help to ensure you stay compliant with GST regulations and understand which BAS reports you need to file.
4. Stakeholders need detailed and accurate financial information on a consistent, regular basis
If you have shareholders and investors associated with your business, it’s important to show them that you can provide them with regular financial reports.
5. You don’t see a rise in profits, even as your sales grow
Just because your company is making more in sales doesn’t necessarily mean more profits are rolling in. If your numbers savings are up, perhaps your overhead costs are as well.
The bookkeeping team at Smart Business Solutions Group is happy to provide a closer look at your current data to help you find more savings. We provide tailored services that allows you to get better results. Contact us for a free no-obligation consultation to discuss your needs and learn more about our services.
WEBINAR 25 SEPT // 12PM
The final session focuses on the changing legal environment, highlighting recent amendments to the Fair Work Act, capturing independent
contractors under workers' compensation schemes, payroll tax considerations, superannuation compliance, and practical steps to mitigate
risks.
WEBINAR 11 SEPT // 12PM
In the third session, we'll delve into superannuation guarantee changes, including proposed changes to payday superannuation, new rates and
bases, and the impact on SG liability. Gain insights into employer deductions, termination of employment considerations and more.
WEBINAR 4 SEPT // 12PM
Master allowances and reimbursements, understand their PAYG and super guarantee implications, and learn to navigate travel vs.
living-away-from-home allowances. Gain insights into FBT considerations, new ATO record-keeping requirements, and effective salary packaging
arrangements.
Starting July 1st, 2024, non-profit organisations (NFPs) in Australia with an ABN, but not recognised as charitable, must annually submit a NFP self-review return to the ATO to confirm their tax exemption status. This process involves three main sections:
Systemisation is the backbone of a successful business. It is the process of creating repeatable and efficient workflows that streamline operations, reduce stress, and foster growth. This blog explores why businesses should embrace systemisation, how they can implement it, and what types of businesses stand to benefit the most.
Building on the findings from Xero Small Business Insights (XSBI) report, Small business productivity: Trends, implications and strategies, this special report presents industry and regional labour productivity data for small businesses.
