Topic
Understanding Your Business Series
Understanding Your Business SeriesNo more card surcharges: what Macedon Ranges business owners need to know
Card surcharge ban If you've ever winced at that little extra charge that appears at the checkout when you tap your card, you're not alone. Card surcharges are one of those things that quietly frustrate just about everyone — and from 1 October 2026, they're gone. At least for the most common card networks. Here's what's changing, what it means for your business, and what you need to do before the deadline.
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Understanding Your Business SeriesPayday Super is almost here. Here's what you need to know.
From 1 July 2026, the way super works in Australia changes for good. Quarterly super contributions are out. Instead, super gets paid alongside salary and wages — and it needs to land in your employee's super account within seven business days of payday. It's a big shift. Here's how to handle the cha
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Understanding Your Business Series5 ways Macedon Ranges businesses can stay on the ATO's good side
Running a small business in the Macedon Ranges is no small feat. Between serving your customers, managing your team and keeping the lights on, tax compliance can easily slip down the to-do list. But according to ATO Assistant Commissioner Angela Allen, that's exactly where a lot of small businesses
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Understanding Your Business SeriesIs your business money really your money? What Macedon Ranges business owners need to know about Division 7A
Here's a scenario that plays out more often than you'd think: a private company shareholder uses the business credit card to pay for a family holiday. Or school fees. Or a home renovation. It feels harmless — it's your company, after all — but the ATO has a specific rule designed to deal with exactl
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Understanding Your Business SeriesPreparing EOFY Payroll
Preparing your business for EOFY As we prepare to start another Financial Year, it’s the perfect time to start preparing your business for payroll finalisation and compliance reporting. We’ve gathered key dates, checklists, and resources from Xero, MYOB, and QuickBooks to help streamline the process
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Understanding Your Business SeriesUnderpaying your staff is now a criminal offence: what this means for your business
Paying your employees the correct amount is an important part of being an employer. To tighten up this process, the Australian Government has just introduced a new
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Understanding Your Business SeriesReducing the uncertainty: key ways we can assist
Uncertain times for business owners. Knowing what’s around the corner is hugely valuable as a business leader. But we’re trading in a world where uncertainty waits around every corner – making it difficult to predict the future business landscape and what your next move should be. You can’t change t
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Understanding Your Business SeriesUnderstanding Your Business: How to Find Your Ideal Customer
Finding your ideal customer In this series, we will see how three questions for business success are approached and provide some practical tools and techniques for the SME owner to answer them. Since businesses have been in existence, these three questions have perplexed most of their owners. Before
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Understanding Your Business SeriesUnderstanding Your Business: Avoiding 5 Common Accounting Mistakes
5 common accounting mistakes Starting a business can be a challenging experience, especially when it comes to managing your numbers and staying on top of your financial management. Unless you’ve got some experience in finance, the bookkeeping and accounting requirements can be quite daunting. And ev
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Understanding Your Business SeriesUnderstanding Your Business Series - Demystifying Cashflow vs. Profit: What Every Business Owner Needs to Know
Key Differences between Cashflow and Profit for Your Business The foundational goal of any business is to make a profit. As a business owner, that’s one of your key financial aims – to make enough sales, at a big enough margin, to generate profit from your enterprise. But how does profit differ from
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Understanding Your Business SeriesUnderstanding Your Business Series: 5 Ways Your Business Can Access Funding
Accessing funding If you’re planning to start a new business, you’ll need enough start-up capital to get this venture off the ground. And once you’re up and running, you’ll need additional business finance and investment at each stage of your growth and expansion along the business journey. But wher
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Understanding Your Business SeriesUnderstanding Your Business Series - 5 Effective Strategies to Reduce Your Business Overheads
5 Effective Strategies to Reduce Your Business Overheads Running a business invariably involves incurring various expenses or 'spend'. Regardless of whether your Gisborne or Macedon Ranges business is well-established or a burgeoning start-up, there will be costs, overheads, and supplier bills that
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Understanding Your Business SeriesUnderstanding Your Business Series - Plain English guide to cashflow
Plain English guide to cashflow What is cashflow? Cashflow refers to the movement of money into and out of your business over a specific period. In the most basic terms, cashflow is the process of cash moving out of the business (cash outflows), and cash coming into the business (cash inflows). The
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Understanding Your Business SeriesUnderstanding Your Business Series - Reading A Profit and Loss Statement
. The
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