Your start-up or small business can be alike a train, a little hard to accelerate at the start of the journey but a smooth efficient machine once a speed has been established. Acquiring and having control on both resources and cash are common challenges faced by and crushing the dreams of new and smaller businesses. With the vast majority of start-up businesses failing within the first 3 years of being established, this budgeting issue is often noted as the most common undoin

As a start up we imagine you may be facing potentially daunting risks on your exciting adventure into establishing a business. Within this time, overhead costs can hurt cash flow and make it hard to have the time required to gain traction in your industry. Thankfully we can advise some ways of helping you through turbulent times such as selecting a suitable business structure and making use of Queensland Based start up business grants. For example one allows you to claim a ma

Capital gains taxes may hurt your returns on an asset based investment such as property. While this is the case there are some important tax claims that can be made to help balance those books and improve returns. Effective record keeping, such as related receipts for costs associated with your investment property, may allow you make claims for depreciation. Depreciation allows you to claim a small percentage of the depreciating assets cost annually. The rate depends upon th

Xero is an accounting software with all the time-saving tools you need to grow your small business. Xero has a mobile app to reconcile, send invoices, create expense claims and view reports – from anywhere. It can even help with information to understand your real-time cash position and manage your bookkeeping. Xero your potential tax hero, can directly feed into us at The Great Bean Counters to more efficiently deliver your BAS and Tax, so you can save time and money on havi

To make claims, be they for business expenses, work related deductions or for individual tax return claims for depreciation on investment properties, receipts and record keeping ensures that the claims you make are legitimate so later on if audited, you won't face fines and alike. Well kept record keeping can also help us get the most out of your claims you wish for in your individual, trust or business tax return. Even better again when records are kept well, we can complete