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Tips & strategies to help your business grow

Discover strategies for business expansion and tax optimization to thrive in today's competitive landscape
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Accounting & Tax
5 min | Nathan Watt
How to Understand and Improve Your Business Credit Score
Your business credit score could be the hidden reason behind loan rejections, tough supplier terms, or lost contracts. This no-nonsense guide explains what your score really means, why it matters for every Aussie small business, and the simple steps you can take to check, fix, and improve it today.
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Business Consulting
10 min | Nathan Watt
What is a Breakeven Point and How to Use It in Your Business
Think you’re making money in your business? Until you know your breakeven point, you’re guessing. This in-depth guide breaks down what a breakeven point really is, why every business owner should track it, and how to calculate it in both dollars and units. With real-world examples, visuals, and practical strategies, you’ll learn how to use this one powerful number to set smarter prices, spot problems early, and make confident decisions for your business. Whether you’re just starting out or scaling up, this is a must-read for taking control of your bottom line.
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Accounting & Tax
15 min | Nathan Watt
BAS Due Dates
Having a hard time remembering when stuff is due? You’ve got a lot to do in business and if your accountant isn’t reminding you, it’s easy to forget the heap of things you’ve got to submit as the tax office middle man. But late lodgement is one of the 4 common mistakes small business makes with the ATO, so bookmark this page it’s got your BAS due dates for quarterly and monthly reporting cycles.
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Accounting & Tax
15 min | Nathan Watt
A Guide To Superannuation For Small Business
Superannuation has been around a while now. The earliest instances can actually be traced back to Federation in 1900.
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Accounting & Tax
5 min | Nathan Watt
What Is A Family Trust And How Do They Work?
A family trust is an agreement where the trustee (either a person or company) holds assets for the benefit of others - like family members. There's lots of names thrown around; family trust, trust fund, discretionary trust and lots of confusion about how trusts work so if want to understand what they are, and how they work then you've come to the right place. Strap yourself in, and trust me....
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Business Consulting
5 min | Nathan Watt
How Do You Make More Sales?
No, we’re not launching a marketing service, so what do we know about making more sales? Apart from growing Watson & Watt from nothing to something in the last 7 years I know that more sales is actually business strategy, not marketing and sales.
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General Accounting & Tax
Know your numbers
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Accounting & Tax
Australian Resident For Tax Purposes Explained
15 min | Nathan Watt
If you’re an Australian resident for tax purposes you pay tax on your worldwide income. This can have a massive impact on how much tax you pay. So in this article you'll learn when you're considered an Australian tax resident, even if you don't have permanent residency or visa, what happens on entering the country, and what happens if you are leaving.
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Accounting & Tax
What Is A Family Trust And How Do They Work?
5 min | Nathan Watt
A family trust is an agreement where the trustee (either a person or company) holds assets for the benefit of others - like family members. There's lots of names thrown around; family trust, trust fund, discretionary trust and lots of confusion about how trusts work so if want to understand what they are, and how they work then you've come to the right place. Strap yourself in, and trust me....
Read more
Accounting & Tax
Fringe Benefits Tax (FBT) 2025: What Small Businesses Need to Know
5 min | Nathan Watt
Are you across your Fringe Benefits Tax (FBT) obligations for 2025? With new updates, potential tax savings on electric vehicles, and common pitfalls to avoid, staying on top of FBT is essential for small business owners. This guide covers key exemptions, strategies to reduce your FBT bill, and important deadlines to keep your business compliant. Don’t pay more tax than you need to—read on to make sure you’re prepared!
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Accounting & Tax
How Do You Change Accountants?
15 min | Nathan Watt
One thing I hear a lot is that people think it’s a major hassle to change accountants and I was in need of a blog topic, so I put two and two together (because as an accountant I can do that you know) and Voila! A brand new extremely valuing providing blog.
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