Tag: Business Strategy
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Claiming Work from Home Expenses on Your 2024/2025 Income Tax Return
Hey guys, Nathan here, and as we start move into the new Financial Year, I thought it best to make sure our client start on the best footing. Your Work from Home Diary! As we all know, the way we work has drastically changed over the past couple of years. The move to adopt remote…
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Setting SMART Financial Goals for Your Business in the New Year
As we step into the new year, it’s the perfect time to set the stage for financial success. In our journey toward achieving business excellence, we’ve previously explored the importance of short term and long term strategic planning (https://ngraccounting.com.au/are-you-planning-short-term-or-for-the-long-term/) and the SMART criteria for goal-setting (https://ngraccounting.com.au/smart_planning/). Today, I’d like to delve deeper into your financial…
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Unlocking Success: The Power of Peer Groups in Business Growth
I want to dive into the world of Peer Groups and how they can bring significant benefits to your business. Networking is crucial, but building a Peer Group takes it a step further by fostering deep connections with like-minded individuals who can provide valuable insights and support. In this blog, I want to explore the…
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Mental Health Month: Financial Goal Setting for a Positive Mindset
Hey guys, Nathan here, The Profit Generator. This month is all about Mental Health Awareness, and today, I want to talk about something that can truly transform your life: financial goal setting and its profound impact on your mental wellbeing. In a world where financial stress is all too common, taking control of your financial…
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Franchise Freedom: 5 Ways It Boosts Your Business, and 5 Ways Your Accountant Guides You
Hey guys, Nathan here. I want to dive into a topic that could be a game-changer for your business journey: Purchasing a Franchise. It’s an exciting venture that offers many benefits, but before you take the plunge, it’s crucial to consult your accountant. Let’s explore the 5 benefits of buying a franchise and the 5…
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Launching a New Business? 8 Vital Reasons to Team Up with Your Accountant!
Hey guys, Nathan here. Starting a new business venture is an exciting and ambitious undertaking that requires careful planning and execution. One of the most crucial steps you can take to set yourself up for success is to engage with a seasoned accountant, especially one who, like the team at NGR Accounting, specialises in the…
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5 Reasons to Consult your Accountant before Changing from Sole Trader to a Company
Here are 5 reasons to talk with your accountant before considering the change. In the world of small to medium-sized businesses in Australia, there often comes a point where the decision to transition from being a sole trader to establishing a company structure needs to be considered. Hey, Kathryn here. I wanted to discuss one…
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When should I talk to my accountant? When you’re Buying Big
Hey guys, Nathan here… I thought I would take some time to discuss Capital Expenditure. As a business owner, I know that making decisions on capital expenses can be challenging. It is essential to consider these expenses carefully as they can have a significant impact on your business’s financial health. This is why it’s important…
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What is PPSR? And Why is it Good for My Business
Hey guys, Nathan here. Recently, I was in a conversation with a Bookkeeper and a client, and we were discussing PPSR. It’s important for me to stay up to date with the latest regulations and practices that can impact the financial health of a business. One these is such practice that can be…
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5 Reasons to contact your Accountant: Marriage Breakdown
Hey guys, Nathan here. I do want to talk about a rather sensitive topic, and as an Accountant I have seen first-hand that going through a marriage breakdown can be a difficult and emotional time. During this time, it is important to seek professional help to ensure that your financial affairs are in order. My…
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Are you Planning short term, or for the long term?
Our last blog talked about the S.M.A.R.T. Planning of your goals for your future business plans, however have you considered whether you should be looking Short-term or Long-term? Normally your short-term goals are less ambitious than your long-term goals, and in most cases, they are easier to achieve. The other great thing about short term…
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What an accountant should do for you
What your accountant should do for you This week’s video is all about what your accountant should be doing to help the success of your small business. Nathan, Director and Principal Accountant at NGR Accounting, sheds light on the realities of what a good accountant can help you achieve, whether that is giving you advice regarding…
