Business Advisory

Employee vs Contractor: A Simple Guide for Business Owners

When dealing with an employee vs contractor classification, the stakes for business owners and workers couldn’t be higher.  Misclassifications can trigger costly ATO audits, leading to back payments for superannuation and workers’ compensation premiums. For business owners, a mistake could result in paying unplanned entitlements and fines. Workers, too, need to understand their status to …

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MYOB vs QuickBooks vs Xero: Which Fits Your Business Best?

MYOB vs QuickBooks vs Xero – if you’re a small business owner, you’ve probably heard these names mentioned when discussing accounting software.  But how do you choose between them?  Choosing between them isn’t the most exciting task, but it can significantly impact your business’s financial health. You want a solution that’s user-friendly, efficient and accurate.  …

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6 Practical Cash Flow Management Strategies for Businesses

Cash flow management strategies almost always determine a business’s success, yet they’re often overlooked in the daily grind. As a business owner, you’re likely busy with countless tasks—from serving customers to managing staff. But here’s the kicker: Paying close attention to your cash flow can make a world of difference in your business’s success. So, …

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