Why the car wash industry is ripe for disruption
Here’s why owning a car wash actually has the potential to be a great little earner – and why the industry is ripe for disruption.
Here’s why owning a car wash actually has the potential to be a great little earner – and why the industry is ripe for disruption.
Small business owners get the best tax deals in Australia. Here’s how we optimise our tax structure at SBO – and how you can do the same.
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…
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…
Want to make your business more appealing to jobseekers, and incentivise your current employees to stick around and keep bringing their A-game? Then you should be looking at ways for your team to share in your company’s success. Over the past several years, we’ve had ongoing conversations here at SBO Financial about how we can…
When asked how to improve the profitability of a business, the default response by your typical robot accountant is to “restructure your costs”. Translated to non-accountant terms, that means slash your overhead expenses and fire staff. They’ll offer a bunch of recommendations like replacing the espresso machine with instant coffee, or cancelling the annual staff…
McDonalds have designed and optimised their menu to maximise profitability. Here’s how you can do the same.
Forget Bitcoin – vending machines are where the riches are at. Here’s how I almost bought a vending machine business.
Revenue isn’t the only metric of “success” – what you should be really looking at is your gross profit margin. Here’s why sales really don’t fix everything.
We’ve unpacked the business owner journey to help you understand how to move to the next stage and ultimately make yourself redundant.