Advivo Business Advisors and Accountants discuss how engaging with an accounting firm can help your small or medium business to succeed. Accounting is much more than lodging taxation returns and making life easier at tax time. True accounting provides vital information about your business regarding set-up and tax structuring, cost and earnings, profit and loss,…
2022-2023 Federal Budget Update Last night, Federal Treasurer Josh Frydenburg delivered the 2022-2023 budget. Amidst a mountain of government debt incurred over the past few years due to COVID, and in an environment of inflationary pressures, rising bond yields, wages pressure and interest rate pressure, it appears to be a financially responsible budget. It is…
Could this be the next step for your business? A message from our Managing Partner… I’d like to start off by thanking everyone who joined us earlier this month for our first Business Booster Event, ‘Making Your Bank Work For You’. This was a very well-attended event and we had an insightful Q&A discussion with…
Advivo Partner, Chris Morris, shares what key factors you should consider before buying a business There can be many reasons for people to buy a business and no matter what that reason, there are several key factors that should always be considered. Below are my Top 5 Tips for buying a business: 1. Understand…
Advivo’s Managing Partner, Leon Stephan, outlines what you need to do to prepare your business for sale A report by the global financial services firm, UBS, revealed that a staggering 41 per cent of business owners expect to leave their business in the next five years. Though a majority of exiting business owners plan to…
Advivo Partner, Dale Edwards, explains the areas where tax can occur during the sale of your business When people hear about the Small Business Capital Gains Tax Concessions, they often assume that when they sell their business that there will be no tax. Whilst in some instances that is the case, it is more usual…
Fighting Chance – Charity of the Month Recipient for March 2022 Fighting Chance is an organisation dedicated to building social business to create a truly inclusive economy, where people with disability have unbridled access to opportunity, dignity and prosperity. They work with people with disability to identify the barriers they face in their everyday lives and…
The do’s and don’ts of buying or selling This event has now ended. We had a very insightful discussion with our event hosts, Leon Stephan and Dale Edwards. In the audience, we also had participants present from various relevant industries (banking, legal, marketing) to discuss all that needs to be considered when undergoing a Merger…
As the extreme weather conditions continue along Australia’s eastern coast, small businesses in the region find themselves facing yet another crisis and in need of support. Thankfully, government assistance is available for businesses affected by flooding. In Queensland, Disaster Recovery Funding Arrangements (DRFA) have been made available in the following local government areas: Barcoo, Boulia,…
Advivo Business Advisors and Accountants explain: what exactly is a corporate advisory and why is it so important for business owners to understand? Because Corporate Advisory is usually the domain of the big four accounting firms, not many people are fully aware of what it is or that we at Advivo Business Advisors and…
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