An AI Robot That Can Do Your Laundry?! – The Ultimate Franchise Opportunity!
A little post NOTHING to do about accounting 😊 but if a business can get licensed rights to what’s in the second video below – I can pretty much guarantee, they will do extremely well! Recently I heard about “Robot Dogs” being used to attract attention at Expos and Conferences… see video below: But, this […]
Aussie Inflation Plummets to 3.2% in September Quarter 2024
A recent ABS report shows that annualised trimmed mean inflation dropped sharply from 5.4% in September 2023 to 3.2% in September 2024. This marks a major shift in Australia’s economic landscape over the past year. This sharp decline represents a remarkable turnaround in the country’s economic indicators. The new figure is now within striking distance [
4 Powerful Levers to Grow Your Business Profits
Contents & Summary This eye-opening analysis shows how businesses can dramatically increase profits by implementing four key strategies. We thank business coach Wes Hone – this article is adapted from some of his content. Wes states: “Remember the purpose of profits? It’s so that you can pay tax and be a good corporate citizen. But [&helli
October Updates on Inflation & Interest Rates: Implications and Opportunities for Business Owners
Interest rates shape the financial health and strategic decisions of businesses. For established business owners, understanding the current interest rate environment and its far-reaching impacts is essential for navigating challenges, and identifying opportunities that arise from economic changes. The Reserve Bank of Australia (RBA) is at the forefront of monet
$900Billion Lost Market Cap in 2 Months! The Meteoric Rise and Sudden Fall of Nvidia’s Stock Value: A Closer Look
(Photo Credit: NVIDIA Newsroom) So it seems like it’s too bad for anyone who got excited and invested in the rising stocks of Nvidia in early July! Few stories have captured the attention of investors and industry experts quite like the recent fluctuations in the tech chip-maker Nvidia’s stock value. As a leading player in […]
New Financial Year – New Business Strategies?
The start of a new financial year is the perfect time to take stock and set your business up for success. It’s an opportunity to review your strategies, make necessary adjustments, and ensure you’re on track to achieve your goals. But with so many competing priorities, it can be challenging to know where to focus […]
Claim Your Home Office Expenses Correctly With ATO’s Revised Fixed-Rate Method
With the rise of remote work in recent years, more and more Australians are setting up home offices. Whether you’re a full-time employee, a freelancer, or a business owner, it’s important to understand how to correctly claim home office expenses on your tax return. As of 1 July 2022, the Australian Taxation Office (ATO) introduced […]
Albanese Government Warns of Malicious myGov Scammers Targeting Businesses
In recent years, scammers have become increasingly sophisticated in their tactics, particularly when it comes to impersonating government entities like myGov and the Australian Taxation Office (ATO). These malicious actors are constantly finding new ways to exploit unsuspecting victims, and businesses are not immune to their schemes. The Australian government
The Dreaded ATO Tax Audit – Latest Stats, and How to Be Ready
For any business owner, one area that often causes concern is the potential for audits and reviews by the Australian Taxation Office (ATO) or other government revenue authorities. While these audits may not necessarily reflect any faults in your book-keepers or accountant’s work, they can still disrupt your business operations. Staying informed about th
Australian Company Failures Surge to 11-Year High, ASIC Data Reveals
In a stark wake-up call for Australian businesses, the latest insolvency data from the Australian Securities and Investments Commission (ASIC) paints a grim picture of the corporate landscape. With a staggering 36.2% increase to 7,742 companies entering external administration from 1 July 2023 to 31 March 2024, it’s clear that the aftershocks of the pan