Category: Small Business Tips
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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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The Business Matrix: Will you take the Red Pill?
The Red Pill or the Blue Pill? The Truth About Your Business Finances In The Matrix, Morpheus gives Neo a choice: 🔵 Take the blue pill—stay comfortable, ignore reality, and believe whatever you want to believe.🔴 Take the red pill—face the truth, no matter how uncomfortable, and gain the power to change your reality. What…
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Escaping the Survival Trap: How to Build a Business That Gives You Freedom
This week, I’m recording from Bali, celebrating my 10-year wedding anniversary. Sitting here by the pool, I’ve been reflecting on what it means to build a business that works for you—not one that traps you. Are You Running a Business or Just Earning a Wage? For years, I ran my business transactionally—money came in, bills…
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What Would You Do with an Extra $100K in Profit This Year?
Imagine waking up tomorrow with an extra $100,000 in profit sitting in your bank account. Would you expand your business? Finally take that dream holiday? Build long-term wealth? Or just breathe easier knowing you’re financially secure? Most business owners assume that kind of money is out of reach. But here’s the reality: The money is…
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The 3 Skills That Will Make You an Unstoppable Business Owner
As a business owner, you’re constantly working hard, but are you truly making progress? Many entrepreneurs grind day in and day out yet struggle to see real profit. The truth is, success isn’t just about working harder—it’s about mastering the right skills that will drive your business forward. In this post, we’ll explore the three…
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The Profit-First Mindset: From Self-Sabotage to Abundant Mindset
If you’ve ever felt like no matter how hard you work, your business just isn’t as profitable as it should be, you’re not alone. So many business owners pour their energy into growing revenue, yet they still struggle with cash flow, debt, and uncertainty. And the truth is—it’s not because they aren’t working hard enough.…