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The Balance Sheet Explained

It’s not how much you make it’s how much you keep – right?  In your personal life this is represented by the amount you’ve saved, and the value of investments less debts.  You can tell if you’re making progress by comparing this to a prior period, like last year.  And this is no different for a…

BAS | A Beginner’s Guide to Business Activity Statements

New to the world of business finances? The Australian tax code can be difficult to understand for anyone who’s unfamiliar with its many facets, but it’s important that every business owner has at least a basic understanding of things like BAS, GST, and other essential elements of it. If you’re scratching your head and unsure of…

Liquidation | A Beginners Guide

Is your business facing financial trouble? Liquidation is a term you’ve surely heard, but it’s not the only option. Liquidation is used to wind up or end a company, but it’s often confused with other options that may have the same or different goals.What is Liquidation?When a company enters liquidation, they are entering into their…