An up-to-date business cash flow forecast can help you manage your business more efficiently. It’s an estimate of the amount of money you expect to flow in and out of your business. It includes all your projected income and expenses […]
A Canadian bank recently surveyed over 500 small business owners about what they love and hate most about owning their own business. Unsurprisingly, flexibility and feeling in control ranked first in the “love” category. Meanwhile, almost 60% said bookkeeping was […]
Criminals are impersonating the ATO to steal identities, access bank accounts, and defraud Australians, often using highly convincing emails, SMS messages, and phone calls. There has been a dramatic increase in phishing scams that pretend to be from the ATO. […]
Improving sales and revenue can resolve many business challenges. When more money comes in than goes out, your business stays solvent, giving you time to implement further improvements. Here are some actionable strategies to increase your revenue and drive growth. […]
Whether you handle online payments, store customer data, operate remote teams, or rely on SaaS platforms to run your company, you’re exposed. From stolen credentials to ransomware, cybercrime can disrupt your business, cost you real money, and damage your reputation. […]
The Australian Accounting Awards is an annual event that recognizes the leading firms and professionals who have made significant contributions to the accounting industry. Since its inception in 2014, the awards have been the most anticipated program and a benchmark […]
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The ability to manage your business finances effectively is a huge advantage. In this way, you can make well-informed business decisions and maintain the profitability of your organization.
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We are Australian Accounting Awards Finalists! Propel Accountants and Advisors is excited to announce that we have been selected as finalists for the upcoming Australian Accounting Awards in the categories of Business Advisory Firm of the year & Multiservice Firm […]
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Propel Business Group is excited to share with our clients that the Australian Government has announced that the instant asset write-off scheme introduced to bring forward spending amongst the 2020 pandemic will be extended for 12 months, until June 2022. […]
Read More… from How to Benefit from the Asset Write-Off Extension For Small Businesses
It might be a confusing time to be an Australian Employer, Propel Business Group is committed to providing our clients with the most easy to digest information to help their business survive during these difficult times. Download your free Employer Guide […]
Read More… from Are you an Australian Employer? Download your FREE guide to JobKeeper Payments
The $130 billion Job Keeper stimulus package may be a game changer for a lot of businesses owners, sole traders, and employees who have either been stood down already, or were fearing losing their job in the near future. To reiterate, any business that has lost […]
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All businesses need to have a plan in place during the COVID-19 pandemic. This checklist provides general guidance around important aspects and actions you should be considering for your business. We encourage you to have regular contact with your accountant […]
The Western Australian Government has announced measures to support small business during the coronavirus (COVID-19) pandemic. The small business relief includes: $17,500 grants for small businesses with a payroll between $1 million and $4 million. The $1 million payroll tax […]
Eligible employers will be paid $1,500 per fortnight per eligible employee. Eligible employees will receive, at a minimum, $1,500 per fortnight, before tax, and employers are able to top-up the payment. Where employers participate in the scheme, their employees will […]
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There are three fundamentals to successfully scale up your business: having a clear (and documented) organisation structure, having comprehensive systems and processes, and developing great leadership. With growth comes growing pains. Such pains can affect team morale as well as […]
Financial advisers, talk a lot about risk, so what is sequencing risk? Let’s begin with an example… Wayne and Chris each contribute $20,000 per year to their superannuation funds for 10 years. They both earn an average return of 5% […]
4. Transition to Retirement Strategies If you’re nearing retirement age but don’t want to stop work entirely, another option might be to transition into retirement. For those over 60, Transition to Retirement (TTR) pensions are tax-free and TTR strategies can […]
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3. Super in your 50s… It’s time to push the pedal down! If 50 really is the new 40, then life has just begun. The kids are gaining independence or may have left home, and the mortgage could be a […]
2. Put Strategies In Place to Give You Your Desired Result. The second part to retiring in style is developing strategies to deliver on your desired goals. This can involve all the different areas of financial planning to make sure […]
Read More… from RETIRE IN STYLE – 2. Put Strategies in Place
The 5 Pillars to ‘Retire in Style’. Keep It Simple. Have a plan that is based on sound principals and proven outcomes that have survived the test of time. Implement Smart Strategies. Such as minimizing tax, making effective use of […]