Westcourt

How the Export Market Development Grant can help business families

If you are a small business or a medium sized business looking to expand your presence offshore by exporting, the export market development grant is especially designed to help you do that. How much is the Export Market Development Grant? The maximum grant payable is $770,000 over an 8 year period. It is capped at… Continue reading How the Export Market Development Grant can help business families

What is business accounting?

As small business accountants we often come across business owners who find that accounting is a foreign language that will never makes sense. And the fundamental fault for this lies in the person presenting the information – the small business accountants. The language of small business accountants is simply a language. And the better the… Continue reading What is business accounting?

Structuring your business to combat inflation

In Australia inflation has effectively not been part of the family business and investing landscape for at least two decades. So dealing with rising prices and rising costs, and engaging cloud accounting software solutions to help that, in your commercial family business to make it prepared for inflation is important.  Here are some simple measures,… Continue reading Structuring your business to combat inflation

What is Cloud Accounting and how does it help family businesses?

Cloud accounting is definitely the buzzword for Australian small and middle sized businesses.  And while cloud accounting is often talked about many Perth business owners are not completely sure about what is cloud accounting and what it means for their business. Cloud accounting is still accounting The primary reason why businesses do accounting is to… Continue reading What is Cloud Accounting and how does it help family businesses?

A deep dive into the New Xero Ultimate package

As Xero scales up (and down) its cloud accounting solution for business across Perth and Australia it is exciting to see that Xero has recently released their new “Ultimate Plan” What is the Ultimate Plan? The Xero Ultimate Plan is the most comprehensive plan available to the families who own businsses.  It includes Xero’s core… Continue reading A deep dive into the New Xero Ultimate package

West Australian Covid Grants are still alive and well

Now that JobKeeper has ended many accountants are calling the end of State Government COVID grants.  And that is not the case at all. In particular the Small Business Hardship Grant is particularly attractive for businesses. How much can I get? The amount of the grant is dependent on the number of employees you have… Continue reading West Australian Covid Grants are still alive and well

7 reasons why every business needs a CFO

The engagement of a Chief Financial Officer (CFO) in a business is currently a buzzword among accountants and bookkeepers across Perth.  And the importance of a true CFO focusing on your business cannot be overstated to ensure your business is on track and progressing strategically. Even if your small business is not yet of a… Continue reading 7 reasons why every business needs a CFO

Xero v MYOB – which is the better accounting software for you?

The advent of cloud accounting has changed the face of bookkeeping and accounting for small businesses across Perth and the broader Western Australian region. And a common question for a start-up business is – should I start off with Xero or MYOB? And for those start-up owners who don’t like reading – our endgame answer… Continue reading Xero v MYOB – which is the better accounting software for you?

What is offshore taxation and its impact on business globally?

As businesses from Perth expand internationally looking for growth the difficult issue of offshore taxation becomes relevant. In effect as you generate profits from another country – that country will seek to tax those profits in that other country. And understanding offshore taxation requires clarity on the tax regimes in both countries. Introduction to offshore… Continue reading What is offshore taxation and its impact on business globally?

How to automate a sales quotation and win business

The practice of issuing a quote to your customers is an important part of running a small to medium sized business and should be part of your overall business plan.  The quote will give your customers an indication of price, service expectations and turnaround times. Around Perth the practice of requesting a quote is now… Continue reading How to automate a sales quotation and win business

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