The trap that can send your highly profitable restaurant broke

There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory.” As you know only too well, you don’t pay rent, meet payroll or pay your bills with profit. You pay them with cash. A restaurant can make a lot of […]

Is your business sailing along without a map?

For many, the word ‘budget’ is about as appealing as the word ‘diet’. It seems to imply what you will go without, rather than what you will achieve. To a successful business owner, however, the word ‘budget’ has a very different meaning. It’s more like a map than a diet. […]

The Small Business $20,000 Immediate Write Off.

Just a quick FAQ for those small business owners, extracted from business.gov.au: What has changed as a result of the 2015 Budget? Under the changes to simplified depreciation rules External Site for small business, you can: immediately write off eligible depreciating assets costing less than $20,000 each, as long as […]