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.

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.

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.

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.

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....

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.

useful resources

Practical resources to build a better business

(89) All articles

(56) Accounting & Tax

(29) Business Consulting

(06) Mortgage Broking

General Accounting & Tax

Know your numbers

Structuring

Superannuation

Drivers of Performance

Goal Setting

Implementation

Strategy

General Mortgage Broking

Accounting & Tax

When Inflation, Wages & Interest Rates Are Increasing, How Much Do You Need To Increase Your Sales By?

10 min | Nathan Watt

The cost of everything is going up. When wages, inflation, interest rates are increasing what does this mean to your profit and what do you need to increase your prices by just to make the same profit?

Business Consulting

What is a Breakeven Point and How to Use It in Your Business

10 min | Nathan Watt

Business Consulting

The Money Is In The Margins

10 min | Nathan Watt

Business is all about leverage. Leveraging other people's (employees) time, leveraging other people’s (investors, banks) money, leveraging systems and processes and leveraging assets (property, machines, software etc).

Business Consulting

Should You Raise Your Prices?

10 min | Nathan Watt

More profit for no extra work? Sounds great right? All the increased revenue goes straight to increasing your net profit as you've not added any costs - it's pure profit.

Business Consulting

How To Massively Increase Your Profit Through Bundling

5 min | Nathan Watt

Do you want to know how smart businesses use one simple strategy to massively increase their profits?

Business Consulting

How Many Sales Do You Need To Make The Money You Want?

10 min | Nathan Watt

I’ve got an easy question for you: How much money do you want to make?

Business Consulting

How Do You Make More Sales?

5 min | Nathan Watt

Business Consulting

For Every Dollar Into Your Bank Account How Much Is Yours To Keep?

25 min | Nathan Watt

Business cash flow can be tricky. Especially when you’re starting out. You see money come into the bank account, you start thinking what you can do with that. Then there’s wages to pay, suppliers you owe, your accountant has reminded you that super and BAS are due, and you need put money away for income tax for next year. Seems like everyone gets paid before you.

Business Consulting

Do You Know Your Numbers?

5 min | Nathan Watt

Every business owner needs to be more than familiar with their numbers. They need to know them truly madly deeply.

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Tailored tips for your growth

Accounting & Tax

When Inflation, Wages & Interest Rates Are Increasing, How Much Do You Need To Increase Your Sales By?

Interest rates are at historic lows, the property market seems to be going bonkers and somehow people in Sydney have $4mil for a run down bedsit.

Accounting & Tax

ATO Audit Penalties: What Business Owners Need to Know & How to Avoid Costly Mistakes

5 min | Nathan Watt

Penalties vary based on the nature of the discrepancy, ranging from 25% for lack of reasonable care to 75% for intentional disregard. To minimize risks, maintain accurate records, ensure timely lodgements, and consider professional advice.

Accounting & Tax

The Risks Of Being A Company Director

10 min | Nathan Watt

Starting a company is easy. Too easy almost. Just be over 18, not bankrupt, fill in a form, pay the fee and you’ll have a Pty Ltd company registered with ASIC (Australian Securities and Investments Commission) in about 10 minutes.

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