A picture can tell a thousand words and your Profit and Loss Statement can hide a wealth of information – if you know where to look. Many business owners know what a Profit and Loss Statement is, but don’t prepare one regularly. Even if they prepare them, they often don’t take a good look […]
It’s BAS time and I thought I would share with you my BAS preparation process in the hope that it might help yours become more streamlined and less chaotic. Everyone does things differently, so there is certainly no wrong or right way.
Pop quiz: how was your profit for the first half? If you can’t tell me, I’m a little disappointed.
Did you have a profitable 1st quarter of the 2017 year or do you not have a clue? If you had a profit, well done! Have you set you targets for the 2nd quarter of the year? If you don’t have a clue, let’s take a look at what you might be able to do […]
The mere mention of the word Business Activity Statement (BAS) is enough to make many business owners break out in a sweat. Even more stressful than that, is having to come up with the cash to pay the BAS! The stress associated with BAS time can be more easily managed when you fully understand what […]