xero expenses

Xero expenses

If you have a Xero account for your business and you have staff that are constantly purchasing business related things without a company credit card, the app Xero Expenses is fantastic. Instead of asking staff to keep their receipts, giving…
business for sale

Selling a business? Don't forget about tax

It can take many years and a lot of hard work to build a successful small business. When you finally decide it’s time to sell, tax is often the last thing on your mind. Yet it can have a big impact on how much of the sale price you get to…

5 signs of a well run business

Every small business owner wants their business to thrive, but it can be tough to keep the money coming in the door while staying on top of all the necessary paperwork. One way to ensure success is to understand the behaviours that separate…
spring clean your business

Spring clean your business

This time of year we all tend to do some spring cleaning, and not just at home. Now that we are in the new financial year, you may have some numbers on how things are going and can clear out some unnecessary expenses. The secret to a…

Important due dates

We have recently created a poster for our business clients to remember some very important Australian business due dates. We created this for our business clients, but they have been so well received that we've decided all business owners…
business structuring confused

Business structuring: which one is right for me?

Wondering how your business should be structured? In this article we are going to focus on the four main business structures: sole traders, partnerships, companies, and trusts. Get it right from the start and your business will be set up for…
Single Touch Payroll

Have you heard of STP?

Single Touch Payroll or STP is a new system whereby all employers are required to submit payroll data to the ATO on the same day that they pay their employees.

Four business hurdles that trip up first timers

Whether you’re keen to start monetizing a passion project, or want to finally escape office politics and run your own show, here are four issues that regularly trip up new business owners. Starting your own business is an exciting time.…

Shaun talks about Trusts: Podcast

Shaun Farrugia (Optimised's founder), recently sat down with Paul Benson from Financial Autonomy (who is also our resident Financial Planner). They talked about all things Trusts, including: The dummies guide to what exactly a Trust…

Create a business budget in seven simple steps

You’ve got clients, you’re making money and you’re paying the bills. But if you don’t have a budget, how do you know your business is on track? Many businesses make the mistake of not creating a budget, either because they don’t…
, ,

Blockchain, Bitcoin & other Cryptocurrencies: What you need to know

Blockchain. Bitcoin. Cryptocurrencies. You’ve probably heard these words popping up more and more often around your office water-cooler, but what do they mean? Let us explain. Blockchain, Bitcoin and other cryptocurrencies are some…

WHY A CASH FLOW FORECAST MIGHT JUST SAVE YOUR BUSINESS

Poor cash flow is the cause of up to 80 percent of small business failures. Make sure your business doesn’t become another statistic. Seizing an opportunity for growth, responding to threats quick-smart and keeping stakeholders happy…
, , ,

2017 Budget wrap-up

We have put together a summary of the key tax and financial changes that were announced in last night’s federal budget. This was Scott Morrison's 2nd budget and is focused on increased transport infrastructure spending which will support…
, , ,

Your 2 minute guide to the tax and super changes that affect you and your business.

Below is a summary of the key tax and superannuation changes that were announced in this years federal budget. There are some wins for business – aimed to stimulate ‘Jobs & Growth’ which was this year's slogan. There are plenty…