Tag: personal finance

Use the Right Business Structure When you start a new business, you need to carefully choose the right business structure for your goals and for the type of business you want to run. Each business structure has different requirements around set-up costs, asset protection and tax. There are four primary business structures in Australia and their tax implications are as follows: Sole trader You pay taxes on your business income…  Read more

Considering home ownership? Congratulations! Buying a home is an exciting milestone and for most people, one of the biggest investments they’ll ever make. Among the many decisions to be made along the way, you’ll need to choose the best mortgage option for your circumstances. In this blog we’ll weigh the pros and cons of fixed, variable, and revolving credit home loans to help you make the right choice. Why choose…  Read more

Although most entrepreneurs recognize the importance of careful financial management, few want to spend their time dealing with numbers. Unfortunately, not keeping a close eye on your income and expenses can be very costly for a business. Here are five of the most common bookkeeping pitfalls, and some simple tips for getting back on track. Mixing Business and Personal All too often, entrepreneurs adopt a “buy now, sort later” approach…  Read more