Business Exit Strategy

What’s an exit strategy? Having a well prepared business plan is an important step, however ensuring you have an exit plan is more important. Businesses that have been prepared for an owner’s exit are significantly more likely to succeed than unprepared businesses. If you fail to plan, you are planning to fail You need to start now, do not wait until that ‘later time’. Running a business is hard and full of unexpected turns and the right …

Read MoreBusiness Exit Strategy

Start NOW to beat the Taxman!

Not only are these legal ways to cut your tax bill, they’ll give you more money to build your wealth. While the taxman is targeting investors hiding assets overseas, there are much less complicated ways to cut your tax bill. Here are 6 legal tax-minimising strategies that you can easily use – and they can make a significant difference to your overall wealth creation. Mortgage Offset Account Have you accumulated some cash and you’re not sure about …

Read MoreStart NOW to beat the Taxman!

Need a Business Plan or Re-evaluate your Current One?

Why? Building a business from scratch can be challenging, therefore, creating a business plan compels you to systematically think through every aspect of your business and develop a solid blueprint to follow. A business plan will help you map your business strategy for the future and motivate you to reach your goals.  It will help you anticipate obstacles and work out solutions for overcoming them, thereby reducing anxiety and stress. Additionally, the process of writing a business …

Read MoreNeed a Business Plan or Re-evaluate your Current One?

We’re a lucky country, but will you have enough for Retirement?

If you were to watch the news recently (by recently I mean in the last 2 decades) you would think that Australia maybe about to lose its ‘Lucky Country’ tag. However research released by Credit Suisse Research Institute has Australia fairing very well in the wealth rankings. The richest nations in the world are classed as those with a wealth per adult figure of over USD 100,000. Below is a table ranking these nations in order of …

Read MoreWe’re a lucky country, but will you have enough for Retirement?

Forget New Year Resolutions – I Want a Wealth Strategy

As we finish the silly season, it’s common to look back and reflect on the year that was. While everyone is busy looking back and celebrating the highs and (hopefully) learning lessons from the lows we’re all about looking forward.  That’s how you get ahead – when everyone is looking back you need to look forward, so we think that NOW is the best time to make a wealth plan for 2015. Forget New Year Resolutions Resolutions inherently feel …

Read MoreForget New Year Resolutions – I Want a Wealth Strategy

Thank YOU from your Award Winning Accountants

We would like to thank our clients and network of associates that have helped us over the past 18 months. It’s our clients that we are here for and help us achieve our goals, because we only succeed when they succeed. It’s been a great start to the business and transitioning from Graham Fuller & Associates to Business Edge Accountants. The team has continued to work hard and look for opportunities at every corner and this has …

Read MoreThank YOU from your Award Winning Accountants

Festive Accountants

  It’s that time of year and there are plenty of opportunities just around the corner, sometimes you just need to be looking for them. We’ve been preparing for our Christmas closure for the past month and working towards clearing our books to kick off the new year fresh. We hope all of our clients and associates received their Christmas Cards in the mail and can see that the team does have fun and thinks a little …

Read MoreFestive Accountants

What is SuperStream?

  SuperStream is a new Government reform to simplify the superannuation system and make the payment and reporting of super contributions more efficient. Under the SuperStream reform super contributions MUST be made electronically and pass through the SuperStream Network. The Cooper review defines SuperStream as “…a package of measures designed to bring the back office of superannuation into the 21st century. Its key components are the increased use of technology, uniform data standards, use of the tax …

Read MoreWhat is SuperStream?

Bookkeeping

Bookkeeping, Getting It Right

Bookkeeping and end of year document preparation can be time consuming and mind numbing for many people. The options on how to get yours ready year in and year out also seem endless. It’s not about what works for someone else; it’s what will work for you, your business and your future. What Are Your Options? While many accountants can be costly to prepare your end of year financial statements, Business Edge Accountants looks to establish a …

Read MoreBookkeeping, Getting It Right

Payroll, Making it Simpler with QBO

For November & December we’re offering Quickbooks Online Free to all new subscribers that sign up as either current or new clients. QuickBooks Online offers an integrated payroll solution from Keypay with its simple and easy to use bookkeeping software. Best of all, for small businesses with under 10 employees; there is no additional cost to you or your business to include payroll in your Bookkeeping solution. Advanced Features QuickBooks Online along with KeyPay includes “advanced” payroll features which …

Read MorePayroll, Making it Simpler with QBO