Your Business Angels -
Blogs for extraordinarytimes
What’s the best way for a business to deal with inflation?
Good Morning – all our clients would now understand that inflation is a part of our economy and business life we need to manage. The following we know can help you. The best way to use the below “inflation hacks” is to go through and pick out 3 to 4 things that you can easily do […]
Throwing money at a tax debt isn’t a strategy; it’s just plain stupid. A tax debt says there is a problem here; get that fixed first
Our company has spent years negotiating with the ATO. If they hear a story to be reasonable and they think there is a plan in place – then they give time. (If they don’t phone back in and talk to a different case manager) Tax debt doesn’t mean a big rush to an insolvency firm […]
Where is the most dangerous place to live on earth? Anyone for a 6-day tour of Mogadishu?
I’m trying to tie in my cleaner, a trip to Mogadishu and comments about danger here in Australia. To start with, my cleaner didn’t come today because she said I didn’t pay her – which is true because I didn’t, but her invoice didn’t reach me – could be a lame excuse, but I didn’t see it. […]
Tactic can drive strategy – you must be aware of the little things – but don’t let personal culture ruin it
I can tell you this story as it occurred a long time ago but is as relevant today as when it occurred 20 years ago. I had by then in our accounting and consultancy business developed a matrix plan (we still use) for businesses that allows us to find new profits and strategies by looking […]
Dollar got the blues
dollar got the bluesgettin lower every daydollar got the bluesgettin lower every dayi wanna do something about itfolks if i only had my way used to be 2 for 1now it’s 1 for 2used to be 2 for 1now it’s 1 for 2what in the world are we poor people gonna do? As the Reserve […]
Heads up – a tax debt can screw your credit rating
It’s official ATO tax default data is now included in Equifax commercial credit reports. Ok, the ATO has been “softly, softly” in collecting tax debt. If you haven’t arranged to pay down debt or do something else (with Our Help), you can now be punished by having your credit rating blown – and that could […]
“Everything has gone through the roof.”
Speaking with a client who runs several food outlets in SydneySpeaking Now is a time to be sensible. Foodstuff prices are rising, and in our conversation yesterday, we also talked about chicken, beef, and the lack of lettuces from the marketplace. We also talked about price rises that the market will stand. Having been hammered […]
Its business as usual
A big round of uncertainty, and there you are our economy. So what do we tell Your Business Angels clients. Australia’s newest Federal Treasurer, Jim Chalmers, is putting a spotlight on the fiscal situation he’s just inherited from the Morrison government. They all do it. When new governments come to power in Australia, they inherit a budget from […]
This affects all businesses. From our CEO Gavin Waring
I appreciate that not all our clients are builders or tradespeople. But we have enough of you to make this a critical blog, as well the effects of the problems in the housing market will blowback on the economy and affect all our clients. Below are comments and reports on Metricon. The company probably stayed ahead of […]
Changing gear, making changes its time
It’s been a fantastic week where I have almost finished a book called “Still Life” by Sarah Winman. In this book, our “English” characters live most of their life in Florence between the 1950s and 1970s. This is a book for a soul in need of joy. I have found myself looking up many of […]
Stay Ahead Of The Pain
The last time I was in the hospital, I had an operation. Coming out of that operation, the nurses gave me Panadol and some other magic beans and said it was best for a few days to stay ahead of the pain, so before the pain starts, do something about it. Unless you have been sitting […]
Why we would never recommend you to be a sole trader
You pay too much tax to start with.
You could contact us now and see what we are able to do to help you reduce tax and save for the future, and / or you can read on. So, it was a good idea to go into business; you applied for an ABN thought that being a sole trader was the way to […]
Dealing with business problems – Your Business Angels
Some problems you go over or around, rather than crash straight into them Writing down a list of your business problems is a good start. The next thing to do is analyse them into priority and solvability before committing your resources to something you could just as easily sideline. In 1984 Steve Bunk Neil Lawrence wrote a book […]
Guessing what the taxman will do
The ATO will be robust in collecting this money; our belief is its gloves off after Australia Day 2022. Your Business Angels will blog a series of articles about what the taxman will do this year, how we will help those who have a tax debt as well push what we consider the best ways […]
Don’t just grind on in your business – please.
Recreation and re-creation seem to be the same word. Recreation, such as swimming and fishing, are activities for enjoyment when not working. Re-creation is to form anew. Having a break and suddenly thinking of something grand for your business is the process of re-creation. It’s Christmas time and a time to slow down or stop […]