There are numerous types of business structure and it can be difficult to figure out which one to choose when you are starting your business or expanding it. Your choice will depend on the size, type, and needs of your business and how you want to run it. Continue reading
Online shopping has had a meteoric rise in popularity in recent years. Even the most traditional high street shops have their own online purchasing options. WooCommerce helps you to turn your website into an online store. Continue reading
The term ‘tradies’ covers numerous professions; carpenters, plumbers, electricians, bricklayers, plasterers, gardeners, landscapers, painters, tilers, mechanics, and more. Most tradies like to get on with their own jobs and don’t really like spending time doing the paperwork. However, in recent years the ATO has been cracking down on cash-in-hand work by matching the credit and debit card payment data provided by the financial institutions against ATO records. This is one reason why many are now turning to bookkeepers. Continue reading
These are exciting times. You are just about ready to open your new business. You’ve been busy setting up all of the systems that you need for your business to work – including the bookkeeping. You know that proper bookkeeping will give you the best perspective on how your business is performing. It’s not glamorous, but it’s very important. It can also be very confusing for first-time business owners.
This is where many owners succumb to pitfalls while setting up their business. Because there are many forms to file and BAS regulations to follow, things can sometimes be missed. One such thing is GST registration. It’s surprising how many Gold Coast start-ups fail to register for GST. If you are just starting your business, it could be very beneficial to register for GST. Let’s look at a few reasons why that is. Continue reading