Generational Wealth Experts

q4 financial

Business Advice

As a business owner, making sure you are not caught in a state of paralysing surprise, understanding your cash flow is essential to manage your business. As you may know only too well, you don’t pay rent, meet payroll or pay your bills with profit.
Monitoring the health of your business with a regular business health check is a priority. Aside from day-to-day management, there are a variety of areas a business needs to proactively and regularly consider to ensure all that you have worked for and grown remains viable and healthy.
Growth is what all businesses should strive for but there are dangers to growing your business too fast. Be prepared, avoid the dangers & follow this advice.
In the dynamic landscape of business operations, the role of a Chief Financial Officer (CFO) is paramount in steering a company towards financial success. However, for many businesses, the prospect of hiring a full-time CFO may seem financially daunting. As a strategic alternative businesses may choose to use an accountant to fulfil the role of a Chief Financial Officer (CFO) for several reasons...
There are harsh penalties for employers if the super is not paid on time.  In addition to interest and penalties, the employer cannot claim a tax deduction for any payments made after the due dates. Read on...
The answer according to the ATO - you should keep records long enough to cover the period of review (also known as the amendment period) for an assessment that uses information from the record.  

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