small business australia

Bookkeeper vs Accountant: Why Most Gold Coast Businesses Are Getting It Wrong

by Support Flexible

When it comes to managing finances, many Gold Coast business owners are unknowingly throwing money down the drain. Why? Because they’re confused about the difference between a Gold Coast bookkeeper and a Gold Coast accountant—and that confusion leads to overspending, inefficiencies, and compliance risks. In this blog, we’re going to challenge the status quo. Most people assume they only need an accountant, but in reality,… Read More »Bookkeeper vs Accountant: Why Most Gold Coast Businesses Are Getting It Wrong

EOFY Isn’t the End – It’s a Fresh Start for Gold Coast Business Owners

by Support Flexible

For many business owners across the Gold Coast, the end of the financial year (EOFY) often feels like a finish line. The stress of reconciliations, tax submissions, and compliance checks can be intense — and once June 30 passes, there’s a temptation to breathe a sigh of relief and hit pause. But in reality, EOFY isn’t the end — it’s a golden opportunity for a… Read More »EOFY Isn’t the End – It’s a Fresh Start for Gold Coast Business Owners

What Should Your Bookkeeper Actually Be Doing for Your Business?

by Support Flexible

When it comes to running a business, your bookkeeper plays a far more important role than simply handling the numbers. In fact, a great bookkeeper becomes a vital partner in helping you stay financially healthy, compliant with tax laws, and focused on growth — especially if you’re a small to medium-sized business on the Gold Coast. So, what should your bookkeeper actually be doing for… Read More »What Should Your Bookkeeper Actually Be Doing for Your Business?

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

When Should I Hire a Bookkeeper?

by Support Flexible

NOW!!!!! No seriously…….. NOW!!!! Its actually never too early to hire a bookkeeper – my suggestion is always BEFORE a business begins.. That way you get yourself SET UP FOR SUCCESS. Sometimes a business goes through the motion of ticking all the boxes with opening their trading doors, then after a few weeks, or (shame on you) after several months, scrambles around trying to hire… Read More »When Should I Hire a Bookkeeper?