Business Advisory

Many small businesses begin as sole traders, which is when an individual owns and runs the business by themselves. It’s a simple, inexpensive way to get started. However: Sole traders often consider switching to a company structure as the business grows.The question: What is a company structure? And when is the right time to make […]

As a small business owner, few things are more frustrating than dealing with clients who don’t pay their invoices on time. Having late payments can put your cash flow at risk and waste valuable time that could be spent growing your business. So, what should a small business owner do when those payments don’t come

Cashflow. For many small business owners, just hearing the word evokes frustration and stress. Maintaining a healthy cash flow isn’t easy in today’s world of fluctuating revenue, looming expenses, and unpredictable hiccups. As an accountant, I’ve seen firsthand how cashflow problems can bring even the most promising ventures to their knees. But with the right

We all know the importance of having healthy relationships with our family, friends, and loved ones.  But with your accountant…? Let me explain. Read on about one of our clients, James (name changed for confidentiality), and how his healthy relationship with the Central Coast accountants at MYC Partners helped him realise his dreams of owning