Business
Should your business pay cash or borrow?
When it makes sense for a small business to pay cash for equipment, vehicles or growth, and when finance is the better choice, including working capital, tax, GST, interest rates and risk.
Read the article →
Business
Contractor or employee? Getting it right when you hire
How to tell whether a worker is a contractor or an employee, why having an ABN doesn't decide it, and your super, PAYG, payroll tax and workers compensation obligations if you get it wrong.
Read the article →
Business
Don't get scammed: a small business guide to fraud prevention
The scams and internal fraud that hit small businesses most often, from fake invoices and changed bank details to payroll fraud, and the simple controls that stop them.
Read the article →
Business
How do I make my quotes profitable?
How to work out a charge-out rate that covers your real costs, the difference between markup and margin, pricing overheads and risk, and checking every job afterwards so your quotes actually make money.
Read the article →
Business
How to choose the right business structure
Sole trader, partnership, company or trust? How each one is taxed, who's liable for the debts, what it costs to run, and which suits your business.
Read the article →
Business
How to keep accurate business records
What records the ATO expects your business to keep, for how long, and a simple weekly routine in Xero or MYOB that makes tax time and BAS painless.
Read the article →
Business
Starting a business: a checklist for the first 90 days
A practical checklist for starting a small business in Australia, covering structure, ABN and registrations, GST, bank accounts and software, insurance, pricing, tax and cash flow, so you start right.
Read the article →
Business
The KPIs that actually matter for a small business
The handful of key performance indicators worth tracking in a small business, including gross margin, cash, debtor days, labour cost and job profitability, how to calculate them and what good looks like.
Read the article →
Business
Profitable but cash poor? Why profit isn't cash
Why a profitable business can still run out of money, the common cash flow traps, and the simple habits that keep enough cash in the bank to pay wages, suppliers and the ATO.
Read the article →
Business
Single Touch Payroll: what employers need to know
How Single Touch Payroll works for employers, what's reported each pay day, the 14 July finalisation deadline, how employees see their income statement, and the common mistakes to avoid.
Read the article →
Business
Changing accountants: how the switch works
How to change accountants without the hassle, including linking your new accountant with the ATO, transferring your records from your old accountant, timing, costs, and what a good new accountant should do first.
Read the article →
Business
Signs tradies have outgrown their setup
The warning signs that a trade business has outgrown its sole trader setup, spreadsheets or shoebox, and what to change first, from Xero and quoting to structure, staff and tax.
Read the article →
Business
Small business CGT concessions explained
How the small business capital gains tax concessions work when you sell a business or business property, including the eligibility tests, the 15-year exemption, the 50% active asset reduction, the retirement exemption and the rollover.
Read the article →
Business
What business advisory actually involves
What a business advisor does beyond tax and compliance, including budgets, forecasts, KPIs, pricing, structure and regular meetings, which businesses benefit, and what to expect from an advisory relationship.
Read the article →
Business
When should you switch from sole trader to company?
The profit level, risk and growth signs that say it's time to move from sole trader to a company, what it costs, and how to make the switch without a tax bill.
Read the article →
Business
Why cloud accounting software pays off for small business
What cloud accounting software like Xero, MYOB and QuickBooks does for a small business, the time it saves, the features worth using, and how to set it up so it actually works.
Read the article →
Business
How to read your financial statements
A plain-English guide for business owners to the profit and loss, balance sheet and cash flow statement, what each one tells you, the numbers to look at first, and the warning signs to watch for.
Read the article →
Ready to talk?
Book a free consultation of up to an hour, in the office or by video, or just call.
Suite 2, Level 3, 50 Belmore Street, Penrith NSW 2750 · Also at 317 Windsor Street, Richmond · info@judgeaccountants.com.au