Tips & strategies to help your business grow

What is an Income Statement (Profit and Loss Statement)?

Every business should strive to better understand their financial performance so that they can continuously improve it. The one that everyone loves to look at is the Income Statement, better known as a Profit and Loss Statement (P&L) but other than a surface understanding, this financial report remains mysterious to many business owners on how it can be used to improve your business.

Business Consulting

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.

What is a Partnership?

One of the most fundamental decisions you have to make when forming a business is which structure is right for you. In Australia, you have a number of options, including trust, company, sole trader and partnership. In this blog we'll dive into what a partnership actually is and how they work.

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....

What is a Company?

Lots of people confuse having a business, with having a company. So what exactly is a company, and how do they work for small and medium businesses?

General Mortgage Broking

What Information Do You Need For A Home Loan?

Applying for a home loan can be a daunting process because you’re usually entering into one of the biggest transactions of your life, and the bank’s can be faceless corporations dancing to the beat of their own drum. Yes, they want to lend money, but only on their terms.

What Happens If You Take Cash Out Of A Company? Division7a

Got a company? I mean a real company, as in a Pty Ltd legal structure? Then this one is for you.

What Happens If You Don’t Pay Superannuation On Time?

10 min | Nathan Watt

Four things happen if you don't pay superannuation on time...none of them good.

General Mortgage Broking

What Do Lenders Use As Your Income When You’re Self-Employed?

10 min | Nathan Watt

If you’ve ever wondered how much money you could borrow you’ve no doubt found a lender’s borrowing capacity calculator, plugged in a few details and out spits a number – and if you're an employee for the most part that’s fine. There are a few wrinkles when it comes to casual employment, bonus', and regular overtime etc but generally PAYG income is what it is. But business owner income. Ohh boy. Buckle up.

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Tailored tips for your growth

Business Consulting

Where Do You Start With Marketing?

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”.

5 Tips to Handling The Financial Crisis

How Do Business Models Make You Money?

If you’re going to eat a shit sandwich – don’t nibble. Commit yourself to the fact that this isn’t going to be pleasant, but take some big bites, chew like hell and you can get through it.

Business Consulting

Have you ever given thought to what your offering your customers?

How Do You Change Accountants?