In this video John discusses how you can minimise your business tax by ensuring you use the most effective business structure.

Alright, so we all know taxes can be a headache, right? But did you know there are some sweet concessions out there that could save you a bunch of cash? Whether you're running a bakery, a consultancy, or a building biz, understanding and making the most of these concessions can seriously beef up your bottom line.

In the fast-paced world of business, setting long-term goals is essential for growth and sustainability. However, while grand visions are important, they can sometimes feel overwhelming and distant, making it challenging to maintain momentum and focus. This is where the concept of setting 90-day business goals comes into play, offering a powerful framework for driving success through strategic planning.

As a business owner in Australia, navigating the complex terrain of taxation is an essential aspect of managing your financial affairs. While there are various strategies to minimize tax liabilities, one often overlooked avenue is leveraging superannuation contributions.

In this article, we unveil five tax minimization strategies tailored to the Australian business landscape, helping you retain more of your profits while staying on the right side of the law.

In the ever-evolving landscape of business, maintaining healthy profit margins is essential for the long-term success and sustainability of any enterprise. Whether you're a startup or an established company, finding ways to increase your profit margins can be a game-changer.

With its array of features, Xero offers a potent solution for managing finances effectively. In this article, we'll explore some expert tips to harness the true potential of Xero and save precious time in the process.

Managing cash flow well is the key to having a successful business. Xero is an online accounting software that allows you to manage all aspects of your business finances in one place. It also helps you keep track of your expenses so you can see where you're spending money.

Who would not want to have thousands of tax savings? Of course everyone loves that. Having a lot of tax savings means opportunity to earn more and invest more. There’s one way we can actually achieve that, it’s called a Bucket Company Strategy.

Start with end in mind for your business budget - Net Profit. To start creating a budget for a business, start with determining how much net profit you want to shoot for, i.e how much net proft each month and for the full year are you aiming for?

Pay yourself more wages - This strategy is mainly relevant if you are running your business in a Pty Ltd Company. Yes, you can pay yourself more in wages! Often business owners are not paying themselves a wage or enough of a wage.