Business To-Do List
When you’re an entrepreneur, your to-do list is often long and constantly growing longer. There are an overwhelming number of things you need to do, and it can feel like they’re all urgent. In such… Read more
When you’re an entrepreneur, your to-do list is often long and constantly growing longer. There are an overwhelming number of things you need to do, and it can feel like they’re all urgent. In such… Read more
If you are a foreign business owner looking to establish your company in Australia, it is a regulatory requirement to have at least one director who is an Australia resident. XO Accounting can provide this… Read more
With the end of financial year quickly approaching, it’s important to get your tax information together early. Use the checklist below to ensure you are well prepared before visiting your accountant. Income PAYG Summaries Pensions… Read more
The COVID-19 pandemic showed many companies that it is possible to continue operations while employees work remotely. Even as we return to a post-COVID normal, many companies and employees are continuing to do so, forgoing… Read more
Preparing for tax season is really a year-round endeavour. Tip number one for small business owners (SMB) is to update financials on a monthly basis, using a streamlined software or cloud-based system. This way, come… Read more
We cannot stress further the importance of properly managing your cash flow to ensure the smooth running of your business. After living through the COVID-19 lockdowns, we have come to realise that it is more… Read more
Non payers are an unavoidable liability for most small businesses and can cause serious cash flow problems. Often, small business owners are baffled when facing the issue of non payment – particularly is the customer… Read more
Businesses usually incur two types of costs: variable and fixed. As a business owner, it’s important you understand the difference and what it means for your business. Variable Cost Variable costs are expenses that differ… Read more
When it comes to the overall success of your business, one of the most important decisions you’ll face is how to price for the work you do. Charge too much and you could scare away… Read more
Too many businesses fall over because the owner has not established efficient business systems. This typically happens because the business owner is so caught up in the day-to day running of the business that the… Read more