Are you thinking about becoming a sole trader? Want to know the advantages & disadvantages of setting up as a sole trader structure?
Being a sole trader has its benefits, but how do you know when its time to move to a different business structure? If you’re operating as a sole trader you need to be aware of ‘unlimited liability’ and how that effects you.
There is nothing more crucial to a business than a good structure. Get it wrong, and you could end up with a disaster.
Don’t be fooled. The tax office would never ask for your private details over SMS.
It has been a devastating Summer for affected residents in Australia. Thankfully, the tax office is doing their bit to help.
The operations of your business are the heart of the greater mechanism.
Penalties from the tax office can be ghastly. But… you might be able to avoid them.
The Government are making a few changes will should positively impact the economy.
The setup of your business financials can make or break your success.
Perhaps it is something you should consider this Blue Monday.
Keeping it complex will ensure that you can retain the most amount of money possible.
It isn’t law yet, but if it does happen, this will hugely affect small business owners.
Sorting out a trust with your accountant will open you to a variety of benefits for your small business.
