Estate Planning Considerations for a Non-Family Business

Advivo Partner, Dale Edwards, shares insights into why you need to make estate planning considerations even if you don’t have a family business. In this blog, we are talking about the relevance of estate planning to businesses that have several, unrelated owners. These are common and have two or more owners who have worked together [...]

Winning With Launching Innovative Products and Services

Advivo ICP, Managing Director, Trevor Holmes shares some of his experience on how to make sure your next product launch has a higher chance of success. Got a great idea that you know customers will want, need and value? Good. Being a creative organisation that has a propensity to always be thinking about how to [...]

Do I Need an SMSF Accountant?

Advivo explores the benefits of seeking help from an SMSF Accountant There are many reasons for starting up a Self-Managed Super Fund (SMSF) and one of the main reasons is that it gives the trustee greater control and flexibility to invest in certain assets. But if you’re unfamiliar with SMSFs or in the process of [...]

Tax Saving Opportunities When Looking to Purchase Electric Vehicles

Advivo shared a quick update on the possible FBT exemption for Electric Vehicles. Labour’s election campaign included bold statements relating to incentivising the uptake of Electric Vehicles (EVs) and plug-in hybrids. Their plan includes removing 5% customs duty and making eligible EVs and plug-in hybrid vehicles exempt from Fringe Benefits Tax (FBT), with the underlying [...]

Advantages and Disadvantages of Business Intelligence (BI)

Advivo Business Advisors and Accountants share some of the key advantages and disadvantages of adopting Business intelligence (BI). Business Intelligence (BI) is an infrastructure of technology that provides business owners with the knowledge to make decisions that are driven by real data, rather than being forced to decide based on “gut instinct”. At Advivo we [...]

5 Benefits of Using Accounting Services for Your Business

Advivo explores the benefits of outsourcing professional accounting services. As your business continues to grow, accounting services can save your business a massive amount of time and money. Working with a chartered accountant provides your business with on-demand accounting and financial advice as well as a variety of other benefits some of which are outlined [...]

Bookkeeping Mistakes You May Be Making by Not Using Professional Services

Advivo shares 5 bookkeeping mistakes that you may be making and how you can avoid them with a professional bookkeeping service. Bookkeeping is an important task for any business big or small. But it is the small and medium business owners that are often taking on multiple roles within their business, one often being accounting. [...]