A Simple Strategy for Growing your Business

“So… how much does an SMSF actually cost me?” It’s hands-down the most common question we get from trustees, and the honest answer is: it depends on who you ask – and, crucially, on how they charge you. Let’s cut through the noise and put some real numbers on the table.

Starting a company is an exciting step, but the order in which you register your business and make purchases can affect your GST claims. If you have paid for equipment or start-up expenses personally before your company was incorporated, you may be wondering whether those GST credits are lost.

Starting a business can be equally exciting and daunting. What may have begun as a side hustle can grow into something much bigger - and eventually, you may reach the point where doing everything yourself is no longer sustainable.

For many small business owners, that next stage of growth brings an important question: should you hire your first employee or engage an independent contractor?