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That your business becomes as profitable as it can be (on a cash basis). Profit pays debt, profit drives the business forward and profit gives you the reward for all your hard work.
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Blog
Many business owners don’t actually run a business, they just work a job while trying to avoid paying PAYG.
A job is a paid position of regular employment. A job is where, for a financial return, you work for someone who is running a business or an organisation. A business will be using your work to make money. If they don’t make more from your efforts than you do, then the job and probably the business won’t last too long.
There is an infinite number of ways for money to disappear, and a finite number to keep it. Here are 5 ways to keep it.
Money likes security (hence banks, wallets etc.) In order to make more money most people need to change their relationship to it.
Have 20 or more employees
The ATO comes up with very convoluted schemes when if only they would let people know they can pay tax at any time.
Working on or in your business – is it time to put the E-Myth to rest
Michael E. Gerber wrote the E-Myth more than 25 years ago. A book about why businesses don’t work and what to do about it.
“You have to be prepared to put yourself in harm’s way” – David Wessels
I had the pleasure of attending a dinner a week or so ago.
Want to get your business on Social Media– well not always.
Lots of café and restaurant owners go to a lot of trouble to work social media, get recognised for their skills and hard work, and then get caught out for under paying and social media blows up in their faces.
Running a larger building or Sub-contracting business. Bet you are paying too much money.
Is your construction business paying thousands of dollars too much in GST – you probably don’t know – right?
All I want is direction and solutions. That’s why I am sitting in front of you
So, I’m sitting in front of a business owner who has the perfect business model for a café.
One letter saved the ATO millions – great example of a feedback loopRelating something the ATO did, to something we do.
The tax office and a specialist behavioural economical research unit within the federal government used a randomised trial to target 2000 tax agents, specifically naming individuals lodging higher than expected work-related expenses claimed in a letter.