Blogs
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.
Blog
You can’t keep cool things down
According to Doug Putman, the billionaire founder of Canada’s Sunrise Records, who bought HMV in 2019, downloading and streaming have failed to kill the record shop. HMV is posting profits this year with a growth in CD sales and even a resurgence of the cassette tape”.
The new norm? There is no new normal; things keep changing.
We have been here before. The normal is constantly changing, so should you and your business.
The ATO and the Anglia Van
f I saw an Anglia Van now, I would stop – WOW, an Anglia Van. You don’t see those anymore.
not lodging BAS
Ha – ha you can’t see me You think that if you don’t sign your BAS the ATO can’t see you or know you owe them a BAS and some money….
Drawings
"I have a tax debt. I haven’t been chased by the ATO yet, but I assume that will happen soon. Can you find out what's going on and help me create a plan?"
Where Did My Profit Go?
You see a $38,000 cash profit in your profit and loss account (P&L), but your bank account doesn’t reflect this.