This article, written from an accountant’s perspective, explores the various roles or ‘hats’ a business owner often wears, including visionary, financial steward, marketing guru, sales leader, operations manager, HR manager, customer service champion, and compliance officer. It emphasizes the challenges of managing these multiple responsibilities and the importance of time management, delegation, and seeking professional support. The aim is to provide a comprehensive view of the multifaceted nature of running a business.

This article, tailored for employers and written from an accountant’s perspective, explores the concept of non-cash staff benefits. It covers the types of benefits, tax implications, benefits to employers, implementation strategies, and the importance of professional advice. The focus is on how non-cash benefits can enhance employee morale and productivity, while also highlighting the need for careful consideration of the associated tax and reporting requirements.

This article, written from an accountant’s perspective, provides an overview of various short-term funding options available for businesses in Australia. It covers overdraft facilities, short-term business loans, invoice financing, trade credit, credit cards, merchant cash advances, P2P lending, and government grants. The focus is on helping business owners understand and assess these options to effectively manage short-term financial needs.

This article, written for Australian taxpayers from a tax agent’s perspective, outlines the key tax deadlines in September, including BAS, superannuation guarantee contributions, PAYG installments, company and trust tax returns, and individual tax returns. It emphasizes the importance of awareness, timely action, review of tax positions, and the benefits of professional advice to maintain compliance and avoid penalties.