It is important to know the value of a business if you are looking at buying or selling a business. The problem is that the figure you have in mind and the figure from that of the other party are not the same. If you are the seller, you would probably be disheartened if buyers […]
People look at some business loans in a negative way. Many borrowers in the past have been victimised because they are normally easy to access and carry high interest rates. However, a business loan may be the best option when compared side by side with traditional financing products and taking into account the short term […]
There are many aspects of your business that can impact the amount of cash you have on hand. You can boost your cash flow by monitoring your expenditures and raising your profits. Here are more tips: Watch your stock levels You will tie up your cash and multiply your storage and insurance expenses by keeping […]
Small business owners should be wary of filing the wrong work-related tax claims, as the Australian Tax Office (ATO) has introduced real-time checks for online tax returns for 2016. Revenue adjustments of over $1.1 billion in income tax followed as a result of the ATO conducting about 450,000 reviews and audits of individual taxpayers in […]
Business owners who have invested a lot of time and money growing may strongly feel the need to retain ownership of the business within the family when they exit. If you are looking at handing over the reins of your business to a relative, either by gifting it or selling it, you must consider the […]
At some point, every business owner will decide to exit their business. There are various reasons why this happens. These include declining profits, growing competition, shift in life goals or health, retirement, or handing over the business to family members. Some may even exit their business because they can’t keep up with its growth. Exiting […]
That time of the year when every business is advertising their product or services, taking advantage of the “End of Financial Year”, has just ended. It’s great to be up to date with as many tax deductions as possible, but what plans are you making for “Beginning of Financial Year”, which started this July? Most […]
Many changes for Australian small and medium businesses come on 1 July each year. With the new financial year now underway, there are a host of tax and legal changes that SMEs need to know about. Here are the changes that SMEs need to know about: Rise in minimum wage Effective 1 July 2016, the […]
PJS Accountants
Level 1, “The Hub”
2 Loraine St
Capalaba, QLD 4157 Australia
Phone: (07) 3390 3177
Fax: (07) 3245 5726
Email: admin@pjsaccountants.com.au
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