Are you the director a Small to Medium Business? If so, you are invited to attend “The Role of a Director in Small to Medium Businesses” workshop on Wednesday the 13th of September.

If your business is in the building and construction industry you are quickly running out of time to get your Taxable payments annual report lodged!

In any business transaction we need to be careful and take precautions before making a commitment. When buying a house we get a property inspection, when buying a car we arrange for the vehicle to be inspected before purchase. So naturally it is wise for us to have an expert check-out the business before buying. 

At its meeting yesterday, the Board of the Reserve Bank of Australia decided to leave the cash rate unchanged at the record low of 1.50 per cent.

There are many versions and definitions of profit. A Business Broker will provide potential buyers with financial records, who need to be aware of the subtle differences in terminology used to describe profit, so that they can understand the impact and implications of these differences.

Managing your debtors is a crucial part of maintaining your cash flow, and recently the Australian Financial Review reported that small businesses in our country are owed $26 billion in unpaid invoices.

Business owners have once again been reminded to be on the lookout for suspicious emails, after thousands of fake invoices impersonating accounting software provider MYOB started hitting inboxes.

Radical and substantial superannuation changes take effect from 1 July 2017, meaning time is running out to make the most of this very effective tax minimisation strategy.

The Treasurer has presented the Federal Budget proposals for 2017 to Parliament, and the Business Wise team have been busy breaking it down. In this article are the key changes that we feel may affect a large number of our clients.

If you have a Family Trust (also known as a Discretionary Trust) you likely need to distribute the income of a Trust through a resolution to beneficiaries, and must do so BEFORE the end of the financial year (June 30) for the resolution to be effective in determining who is to be assessed on the Trust’s income. If a Trustee fails to make a resolution to appoint the income of