Support Flexible

The BAS Trap: How Gold Coast Businesses Can Avoid Getting Caught

by Support Flexible

Running a business on the beautiful Gold Coast is a dream for many. But with the sun, sand, and surf comes the responsibility of managing your business’s finances, including the often-dreaded Business Activity Statement (BAS). Don’t let BAS lodgement become a headache! This comprehensive guide will break down everything you need to know to ensure smooth and compliant BAS lodgement for your Gold Coast business.… Read More »The BAS Trap: How Gold Coast Businesses Can Avoid Getting Caught

Top 5 Tax Deductions Small Businesses Are Missing

by Support Flexible

Running a small business is a rewarding but challenging endeavor. One area where many business owners unintentionally fall short is maximizing their tax deductions. Missing out on eligible deductions means paying more tax than you need to, impacting your bottom line. This article highlights five common tax deductions that small businesses often overlook, helping you keep more of your hard-earned money. Home-Based Business Expenses: If… Read More »Top 5 Tax Deductions Small Businesses Are Missing

Maximise Your Super: A Guide for Small Business Owners

by Support Flexible

Superannuation is a crucial part of retirement planning, and as a small business owner, understanding the ins and outs of super can be particularly important. Not only are you responsible for your own retirement savings, but you also have obligations to your employees. This guide provides a comprehensive overview of superannuation for small business owners, covering everything from contributions and compliance to investment strategies and… Read More »Maximise Your Super: A Guide for Small Business Owners

Five Business Trends Poised to Reshape Businesses in 2025

by Support Flexible

The year 2025 is just around the corner, and with it comes a wave of exciting possibilities for businesses. Here, we’ll explore five key trends predicted to impact the business world significantly, based on insights from Forbes Australia. Understanding these trends can help you prepare your company for success in the coming year. Technology for Enhanced Productivity and Personalization: Gone are the days of scrambling… Read More »Five Business Trends Poised to Reshape Businesses in 2025

David vs. Goliath: How Small Businesses Can Compete with Larger Competitors

by Support Flexible

Starting a small business is exciting, but it can also be daunting, especially when you’re competing against larger, more established companies. However, with the right strategies, you can level the playing field and succeed. Identify Your Unique Selling Proposition (USP) Your USP is what sets you apart from the competition. It could be the quality of your product, your excellent customer service, your niche focus,… Read More »David vs. Goliath: How Small Businesses Can Compete with Larger Competitors

How Much Does Bookkeeping Cost? A Gold Coast Business Owner’s Guide

by Support Flexible

A reliable bookkeeper can be a valuable asset, but finding the right one at the right price can be a challenge. In this post, we’ll explore the factors influencing bookkeeping rates in the Gold Coast and provide insights on how to choose a service that aligns with your business’s needs and budget. Key Factors Affecting Bookkeeping Rates: Scope of Services: The level of bookkeeping support… Read More »How Much Does Bookkeeping Cost? A Gold Coast Business Owner’s Guide

Streamline Your Payroll: Essential Tips for Small Businesses

by Support Flexible

Small business payroll might seem simple at first, but as your business grows, so does the complexity of the process. However, this complexity is a good sign – it means your business is expanding! Understanding Small Business Payroll When managing payroll, you need to consider various factors like income tax, superannuation, award rates, salary sacrificing, and more. While you can handle it yourself, outsourcing payroll… Read More »Streamline Your Payroll: Essential Tips for Small Businesses

Simplify Your Business Life with BAS and GST Tips

by Support Flexible

Business Activity Statements (BAS) and Goods and Services Tax (GST) are essential aspects of running a business in Australia. Understanding and complying with BAS and GST regulations can help you avoid penalties and ensure the smooth operation of your business. This comprehensive guide provides valuable tips on preparing and lodging your BAS and getting your GST information right. Understanding BAS and GST Before diving into… Read More »Simplify Your Business Life with BAS and GST Tips

Mastering Money Matters: A Small Business Guide to Bookkeeping

by Support Flexible

Ever felt overwhelmed by the financial side of running a small business? Don’t worry, you’re not alone! Understanding bookkeeping can be a game-changer, helping you make informed decisions and stay on top of your finances. Let’s break it down. At its core, bookkeeping is the process of recording and tracking your business’s financial transactions. It’s like keeping a detailed diary of your money, but with… Read More »Mastering Money Matters: A Small Business Guide to Bookkeeping

Landlords Need a Break: EOFY Tips for Rental Properties

by Support Flexible

Being a landlord can be a lot of work. Between finding tenants, managing repairs, and dealing with rent, it’s easy to feel overwhelmed. And when it comes to tax time, things can get even more complicated. That’s why we’re here to help! End of Financial Year (EOFY) can be a real headache for landlords. There are so many things to keep track of, from… Read More »Landlords Need a Break: EOFY Tips for Rental Properties