Entries by Nikita

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A Guide to Accounting Software for Small Businesses in 2025

Beyond just managing numbers, today’s accounting technology provides real-time financial insights, automates tedious tasks that take up so much time and ensures compliance with tax regulations. Cloud-based accounting software lets you stay in control, no matter where you are. But choosing the right accounting software for your small business isn’t as easy as doing a […]

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Records All Small Businesses Must Have for a Smooth EOFY

The end of the financial year can be stressful if your financial statements and records are scattered. Things like missing documents, incorrect figures, and last-minute scrambling to get everything in order can lead to unnecessary tax bills, compliance risks, and missed deductions. Good record-keeping is more than just ticking boxes for the tax man. It […]

Free Cash Flow and Its Impact on Your Business Value

Imagine having the financial freedom to seize new opportunities, invest in your business, and even reward yourself for your hard work. Now imagine the opposite: struggling to make payroll, delaying payments, and constantly worrying that your business is only breaking even and not turning over a profit. The difference between these two scenarios often comes […]

Market Share and Its Impact on Business Value

Market share is more than a number. It is a powerful indicator of your business’s value, stability, and growth potential. Yet many businesses struggle to understand its true impact or how to leverage it effectively. If you want to attract investors, secure funding, or even just gain a competitive edge, your market share shows you […]

End-of-Year Tax Deductions: Christmas Parties & Gifts

With the festive season in full swing, so are office Christmas parties, but are you aware of the tax implications, especially the Fringe Benefits Tax (FBT), of your Christmas party and employee gifts? Throughout this blog, we will deep-dive into Fringe Benefits Tax (FBT), and outline what expenses you can claim and which ones might […]

5 Ways to Improve Your Business Cash Flow

Cash flow is the lifeblood of any business. It’s the money coming in and going out of your business. Positive cash flow means you have enough money to pay your bills, invest in your business, and grow. Negative cash flow, on the other hand, can lead to serious financial problems and can be a source […]

Key Factors That Affect Your EBITDA Multiple

The EBITDA multiple is one of the most commonly used metrics for determining your business’s value.  EBITDA—Earnings Before Interest, Taxes, Depreciation, and Amortization—gives a clear snapshot of your company’s profitability by cutting out the noise of non-operating expenses. The EBITDA multiple then helps determine how many times your EBITDA a buyer might be willing to […]

Margin vs. Markup – A Guide to Nailing Your Pricing Strategy

Understanding the difference between margin and markup is essential for business owners looking to create a pricing strategy that drives profitability.  While they may seem similar at first glance, margin and markup serve distinct purposes in your financial planning. Confusing the two can lead to pricing errors, missed profit opportunities, and dreaded cash flow issues.  […]

Can Directors Take Cash Out of Their Business?

For directors and shareholders, withdrawing money from a business involves more than a simple transfer of funds.  The Australian Taxation Office (ATO) has strict rules about how money can be taken from a company. If you do not follow these rules, you may face serious tax problems. This can include double taxation, which nobody wants! […]