The end of the financial year often feels like a rush to the finish line. There’s a flurry of activity as tax returns are prepared, financial statements are finalised and the year is put behind you. But it’s also the ideal time to look ahead. Last year’s financial performance holds some of your most […]
Australian small business productivity has reached its highest level in nearly four years, with businesses generating $84.30 in revenue for every hour worked, according to recent Xero data. While this signals a positive shift in output efficiency, it also raises a practical question for business owners: what are high-performing businesses doing differently? The answer […]
Australia’s 2026 Federal Budget, handed down on 12 May by Treasurer Jim Chalmers, focused heavily on reform, productivity and easing cost pressures. While much of the political attention centred on tax and housing changes, several measures may directly affect small businesses and their owners. For small business owners, the key question is simple: what […]
Tax time can feel overwhelming for many small business owners. In most cases, the stress does not come from the tax itself, but from disorganised records and rushed preparation. The solution is not working harder at the end of the financial year, but putting simple systems and processes in place that run consistently in […]
7 practical strategies for businesses to reduce late payments and protect cash flow Edit with Elementor Late payments are increasingly putting pressure on Australian businesses, with new research highlighting just how widespread the issue has become. About 80% of businesses experienced late or overdue payments in the past 12 months, while 17% now consider […]
The $20,000 instant asset write-off has been confirmed for the 2025–26 financial year, giving eligible small businesses the ability to immediately deduct the cost of qualifying assets. While the measure offers welcome cash flow relief, it is important to understand who qualifies, the timing rules and when claiming the write-off actually makes commercial sense. […]
Owning the premises from which you operate your business – whether it’s a shop, office, factory or warehouse – can offer stability and control. One route many small business owners consider is buying their business premises via their self‑managed superannuation fund (SMSF). This approach has benefits, but also strict rules and compliance requirements. Here’s a […]
The start of a new year is a good time for small businesses to pause, reflect and decide where to focus next. Clear goals help owners stay on track, manage resources effectively, and respond to market changes. Although each business has its own priorities, the process of setting meaningful goals is similar for all, […]
For many Australian small businesses, Artificial Intelligence is fast becoming a mainstream lifeline. According to the 2025 Australian Small Business AI Report from BizCover, 80% of small businesses are already using or planning to adopt AI within the next two years. This shift is opening real opportunities to improve day-to-day efficiency and strengthen cash flow for […]
Simple cash flow strategies to keep your business on track Cash flow pressures continue to drive high insolvency risks for Australia’s small and medium-sized businesses, according to CreditorWatch’s July Business Risk Index The data reveals a worrying jump in business-to-business (B2B) invoice defaults, a key predictor of future financial distress. In the current economic […]