DJ Grigg - Blog Post Startup Funding

New Startup? Need Funding?

A great business idea is an excellent starting point for a company. But without startup funding to provide the necessary capital, your business idea could be dead before it’s even begun. To quote a well-worn phrase, ‘Cash is King’ means it’s critical to start thinking about funding as early as possible. Think about how much […]

DJ Grigg - Blog Post Compliance

Compliance: Setting up the right foundations

To trade as a business, you need to meet the right compliance requirements. It’s certainly not the most exciting part of creating a business. Still, setting up the right compliance foundations ensures that you’re doing everything by the letter of the law. Let’s look at the main steps to think about when setting up compliance […]

DJ Grigg - Blog Post Business Burnout

Are You Suffering from Business Burnout?

The last two years have been demanding and exhausting for many business owners. Are you one of them? Could you be suffering from business burnout? The challenges have been relentless, and we know many small business owners have had to navigate unprecedented demands because of the pandemic and related government regulations. Burnout results from long-term […]

DJ Grigg - Blog Post Personal Income Tax

Understanding the Basics of Personal Income Tax

Australian residents pay personal income tax on all forms of income after a tax-free threshold of $18,200. The tax office calculate tax at four different rates according to how much income you earn each year, and the tax rate increases the more you make. The highest tax bracket applies to those with a taxable income […]

DJ Grigg - Blog Post E-invoicing

E-invoicing: How can it protect you?

Is your business using e-invoicing? It’s a fantastic way to protect yourself and your customers from invoice scams. It can also help you get paid faster. E-invoices replace emailed PDF invoices or links to online invoices. Instead, e-invoices are delivered securely to your clients, even across different accounting systems. Preventing invoice fraud Invoice scams are […]

DJ Grigg - Blog Post Superannuation Tax

Understanding the Basics of Tax on Superannuation

Do you know how much tax you pay on superannuation contributions and withdrawals? The amount of tax depends on several factors. It is possible to minimise the amount you pay by understanding how the tax on super works. Tax on super is generally a lower rate than the tax on your income. By using a […]

DJ Grigg - Blog Post Business Taxes

Understanding the Basics of Business Taxes

Different business structures pay taxes in different ways. There are many taxes that may affect a business. The main ones are; goods and services tax, income tax, pay as you go withholding tax for employees, payroll tax and excise tax. Other taxes that a business could encounter are; fringe benefits, capital gains, property, vehicle and […]

DJ Grigg - Blog Post Procurement

How to Improve your Procurement Spending

One of your most significant areas of business expenditure will be buying the goods and services needed for the company to operate. Whether these are raw materials, wholesale goods, or cloud services, you need someone to control this procurement process. Managing your procurement spending is vital for keeping the business cost-effective and competitive in the […]

DJ Grigg - Blog Post Profit and Cash Flow

Cash Flow and Profit: Which is King?

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 cash flow? And why is cash king? How do profit and […]

DJ Grigg - Blog Post Unique Selling Point

Unique Selling Point: What’s Yours?

Making your business stand out in a crowded market can be a challenge. However, differentiating your business will be key to attracting the right customers. Give them a reason to choose you over a competitor. That’s why it’s important to identify your unique selling point (USP). Your USP give you a differentiator to communicate in […]