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.
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In this episode of The Accountant That Builds, host Shannon Smit discusses the massive wealth transfer expected from Baby Boomers to the next generation, estimated at $84 trillion. Shannon highlights the opportunities and challenges of this transfer, focusing on estate planning, tax liabilities
Over the coming years, we’re about to witness the largest wealth transfer in history as Baby Boomers pass their hard-earned fortunes to younger generations. With an estimated $84 trillion set to be transferred, mostly from savings, investments, and real estate, this shift holds both incredible opportunities and significant challenges for families.
As Australia's highest marginal tax bracket impacts more individuals, a growing number of Australians face rising tax obligations due to "bracket creep," where wage growth outpaces tax rate adjustments. This trend is expected to persist, with tax-efficient strategies the backbone for financial advice to help individuals secure long-term wealth.
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