Blog tagged as Small Businesses

An Australian proprietary company needs at least one director who ordinarily lives in Australia, and planning that appointment alongside registrations, tax set-up and the first-year compliance calendar avoids a slow start.

An exhausted owner shows up in the numbers through slower decisions, late admin and missed opportunities, and a business with no plan for the owner being unavailable carries a single point of failure.

A budget is not a promise about the future but a yardstick that shows early when reality has drifted, and a simple one-page version reviewed monthly beats a detailed one nobody opens.

Working from home claims are usually legitimate but fail on evidence, because the fixed rate method generally needs a record of actual hours worked across the year, not an estimate from memory.

Mixed personal and business spending is a records problem for a sole trader but can become a Division 7A deemed dividend for a company, so fixing it before year-end matters more than most owners realise.

A new quarter's obligations begin regardless of whether Q1's figures were ever checked against reality — an unreviewed instalment amount doesn't fix itself, it just rolls forward until a large refund or bill eventually forces the conversation.

Insurance gets set up once and renewed on autopilot for years, while the business itself outgrows the original policy — and the gap only becomes visible during an actual claim, which is the worst possible time to find out.

The mental estimate owners carry of what's owed to them drifts from reality in both directions — optimistic assumptions about invoices "probably paid" and pessimism from overdue ones nobody's actively chased.

Businesses blame slow sales on marketing spend, but the real revenue leak is usually invisible — leads that never got a proper second follow-up, costing far more than any ad budget would show.

The tax consequences of a business sale depend heavily on whether it's structured as a share sale or asset sale, and pre-sale restructuring can itself trigger unexpected tax events if not carefully planned.

Tax season stress usually stems from uncertainty, not the tax itself — and that's the gap RBizz Corporate Accountants exists to close for Australian businesses.

The ATO rarely audits at random — it relies on benchmarking, data matching, and consistency checks to flag returns. This guide breaks down the most common audit triggers and the recordkeeping habits that keep your business defensible if you're selected.

Many Australian businesses overpay tax simply because they miss deductions they're already entitled to — from home office costs to superannuation timing. This guide covers the seven most commonly overlooked deductions and why they're worth reviewing before your next lodgment.

Tax season obligations differ significantly depending on whether you operate as a company, partnership/trust, or sole trader. This guide breaks down what each structure needs to prepare, watch out for, and lodge — with a practical checklist that applies across all three.

Recent CommsBank data shows that 87.6% of Aussie businesses reported productivity gains above 10% following recent asset upgrades. How does asset finance help you invest in tech?

How do accountants support your financial performance? We’ve highlighted four of the key ways we can improve your cashflow, revenue generation and overall profitability of your business.

Starting a business can be daunting. On top of thinking about sales, marketing, and day-to-day financing, one of the biggest decisions a new business owner has to make is choosing which business structure to use.

Are you confident in understanding the financial snapshot of your balance sheet? Discover more on your balance sheet in our article or book a session now to analyse your reports with an experienced business advisor.

Margin compression is a common challenge in tough economic times. But what exactly is margin compression? And what can you do to reduce this impact on your revenues and profits?

From 26 August 2026, small business employees in Australia will have the legal right to ignore work-related contact outside of their scheduled hours unless the refusal is deemed unreasonable.