A financial foundation: How SBO helped The Quick Flick take flight
Here’s how we helped Iris Smit gain control over her finances and make informed decisions that would propel The Quick Flick to new heights.
Tax-free electric cars? What you need to know about the fringe benefits tax exemption for electric vehicles
By Andrew Law (Head of Tax) and Simon Davis (Head of Business Development) This article was updated on 27 February 2023. It’s not often that tax legislation gets anyone’s motor running, but a new bill from the Federal Government that exempts electric cars from fringe benefits tax (FBT) has people talking – and it might…
Recipe for success: How we simplified the numbers for Healthy Food Crew
When Brian Nasr started his small food manufacturing business Healthy Food Crew in 2017, he had no idea how to make sense of the numbers. But for many small business owners, getting someone else to look after your finances can be a bit daunting. Here’s how we catered to Healthy Food Crew’s needs by simplifying…
Home truths: A financial teardown of Brosa
Furniture and homewares retailers are getting crushed right now. Made.com, the UK’s publicly listed furniture store, stopped taking orders last month, citing solvency issues. Interiordefine, a custom online furniture retailer in the US, entered voluntary administration last month. And Brosa, the Australian online furniture retailer, entered voluntary administration last month, and was acquired by Kogan.…
Boxing Day sales are a doozy. Do this instead.
‘Tis the season for sales, and Boxing Day is one of the biggest shopping events of the year. For most retailers, this post-Christmas financial injection is critical to their bottom line, and discounting is an ideal way of attracting new customers and boosting sales. The problem with discounting is that a lot of marketers don’t…
How we helped TradeMutt get on the (financial) tools
TradeMutt is Australia’s biggest social impact workwear company. But while their vibrant clothing designs have kickstarted plenty of conversations about mental health, it was their financial health that needed a little bit of guidance. Here’s how we helped level them out. The company More than just a brand, TradeMutt is a movement that’s helping to…
The best-laid plans: Adjusting your expectations as the financial year unfolds
They say life is what happens when you’re busy making other plans, and that’s certainly true when it comes to your cash flow plan. Believe it or not, we’re already almost halfway through the financial year. The second half of the year is shaping up to be an eventful one – and if you spend…
Christmas tax tips: How to minimise your tax bill for corporate gifting and spending
The festive season is synonymous with corporate spending, so here are a few tips to help you avoid the ‘gift’ of a heaving EOFY tax bill. ‘Tis the season to whip out the corporate credit card, shout a round for your favourite clients and treat your employees to an epic end-of-year celebration – and…
How Afterpay earns its margin
I have a love-hate relationship with Afterpay. The patriotic version of me is proud to see an Aussie fintech unicorn taking on the world. A brand that is changing the way consumers use credit. On the flip side, the fiscally responsible accountant in me despises it. A company that profits by promoting consumerism to…
Why you need to apply for your Director Identification Number NOW
Hey, you! Yes, you! Do you have your Director Identification Number? If you’re staring blankly at us right now, it either means you’re not a company director – or you’re about to owe the ATO a big chunk of change. More than a million company directors have until the end of November to get…