Category: Blog
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From Sole Trader to Company: Is It Time to Step Up?
A new financial year often sparks big questions from business owners. One of the most common?“Is it time to move from sole trader to a company?” And it’s a good question because your structure determines not just how you pay tax but how well you’re protected, how your business grows, and what kind of future…
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Rental Property 101: What Most Investors Get Wrong
It’s the start of a new financial year, when many people revisit their goals and consider building wealth. And for a lot of Australians, that means one thing: buying an investment property. But before you jump into the market, there are some crucial things you need to know. Whether you’re new to investing or ready…
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Car Claims Exposed: Are You Using the Right Tax Method?
The 2025 tax season is here, and if you use your car for work or business, it’s time to make sure you’re claiming your motor vehicle expenses correctly. For many Australians, their vehicle is essential to getting the job done. Still, if you’re not using the proper method to claim those expenses, you could be…
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Should You Really Set Up a Self-Managed Super Fund (SMSF)? The Brutal Truth
Right now, there’s a lot of noise about setting up self-managed super funds. Having complete control over your super, choosing your investments, and building your wealth can sound very attractive, but is it right for you? The truth is: for some, an SMSF can be a fantastic vehicle. For others, it can be an expensive…
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ATO Crackdown: Why Small Biz Is in the Firing Line
The ATO Is Done Playing Nice: What Every Business Owner Needs to Know Right Now Winter is here — and it’s not just the weather. The financial chill is real if you’re a business owner in Australia. The economy is tight, the market’s brutal, and things will get tougher if you’re not entirely across your…
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How to Choose the Right Business Partner (and Avoid a Business Breakup)
Talk to any lawyer about business partnerships and they’ll probably say one thing: “Don’t do it.”Too many partnerships fall apart, not from bad intentions but from mismatched expectations, poor communication, or simply picking the wrong person. But when done right, a business partnership can be one of the most powerful ways to grow your business,…
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From Dream to Disaster: 5 Steps That Save Startups
Thinking About Starting a Business? Read This First. Starting a business can feel like the ultimate dream: freedom, flexibility, and doing things your way. But here’s the reality. Around 14% of businesses in Australia shut down every year, often due to a lack of planning, unclear direction, or just diving in without the right support.…
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The Tax Planning Wake-Up Call Every Business Owner Needs
It’s May. That means the end of the financial year (EOFY) is coming fast. If you’re a business owner or individual with income on the books, it’s time to ask yourself: Are you prepared… or about to hand the ATO a bigger cheque than necessary? At NGR Accounting, May and June are the “power months”…
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Networking Without the Awkwardness: How to Build Your Business Through Better Connections
When most people hear the word networking, they either roll their eyes or break out in a cold sweat.But here’s the truth: If you want to grow your business, you NEED to network. The good news?Networking doesn’t have to be awkward, pushy, or salesy.You’re probably already doing it — you need a little structure to…
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When Profit First Isn’t Enough: What To Do When You’re Drowning in Business Debt
You’ve done everything “right.”✔️ You’ve cut expenses.✔️ You’ve improved systems.✔️ You’ve implemented Profit First. But something is still off.You’re working harder than ever… and yet the debt still seems to suffocate you. If this sounds like you, this isn’t just a rough patch—it’s a sign of something more profound. And this blog is your wake-up…
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External Factors VS Internal Power: Who’s really in charge?
Running a business in today’s world? It’s no walk in the park. Between rising interest rates, shifting regulations, and unexpected global shake-ups (hi again, Trump), it can feel like your business is constantly under attack from all directions. But here’s the truth:There are two kinds of challenges in business — external and internal.And only one…
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The 5 Step Fix for a Broken Business
If you’re tired of pouring your heart and soul into your business only to feel like you’re getting nowhere financially, this post is for you. It’s not your fault. Most business owners are so focused on the day-to-day grind that they never step back to look at their numbers. But here’s the truth: If you…
