Tips & strategies to help your business grow

Why Your Small Business Needs A Forecast

If I told you what your bank balance was going to be in 7 months time. Would you be able to tell me if I was wrong? Are you always a little surprised by payments to the ATO, or super?

What is a Rate Lock?

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.

The Hardest Question In Business

5 min | Nathan Watt

Those that have answered it (properly), usually end up succeeding. Those that don't/can't answer it, usually don't succeed. The end up floating along in the zone of mediocrity or become part of the alarming business failure statistics.

Offset vs Redraw: What’s The Difference

If you’ve got a home loan or even just looked into one, you’ll have heard these terms, and on the surface they seem to do the same thing. A place to deposit extra cash to reduce the interest you pay. So is it just semantics or are there differences you really should know. Well yes, yes there are.

Goal setting: A guide for success

They're useless because they only serve a purpose if the desire to achieve that future state is stronger than our desire to stay in our current state – aka if you can be bothered to do something about it.

Founder’s Feast 2018

I’m a big believer that if you surround yourself with good people, good things will happen. So, one morning in the shower (where I do all my best thinking), I pondered, what if I put together an event with the best business people in town, who may not know each other, what could come of it?

Commercial Property Loans Aren’t What They Use To Be

Back in the day, commercial property loans were pretty standard; 30% deposit and 10-15 year term.

Business Loans 101

Access to finance is one of the top concerns of business owners. Even profitable businesses can go bust simply because they can't fund their growth. As a business there are a number of options available in the market and each serve a different purpose.

5 Steps To A Better Business

When people start a business they tend to have a vision of something they want to build. They want it to look and feel a certain way, or get to a certain size. But after being in business for a little while they can get a lost, or stuck and don’t know how to move their business forward. This is because small business generally don’t have a strategy and don’t know where to begin in creating one, so here I’ll outline the 5 Step process we use to get you back on track, and build the business of your dreams.

get inspired

Tailored tips for your growth

General Mortgage Broking

Funding Position; More Important Than Borrowing Capacity?

Personal Services Income: A Beginner’s Guide

When you're looking to buy a house, it's pretty natural to look at "how much will the bank lend us"?

Accounting & Tax

5 min | Nathan Watt

Personal Services Income, or PSI, is given as a reward for an individual's personal efforts and skills. At least, that's how the Australian Tax Office sums it up. When it comes to your taxes, PSI is a common type of income for Sole Traders and individuals who earn money through an interposed entity (consultants and contractors) like a company or family trust.

Where Do You Start With Marketing?

How Do You Change Accountants?

I’ve been working with small businesses for years now advising them on a wide range of business issues. But it wasn’t until I started Watson & Watt, and got my hands dirty on my own business, that I really had to understand “marketing”.

Accounting & Tax