When it comes to business investments, there are two key concepts that you need to understand: risk and return. Understanding the relationship between risk and return is important because it helps you make informed decisions about your investments. What is risk? Risk is the chance that you will lose money on your investment. Before sending […]
A Quick Guide to Business Activity Statement or BAS
Do you own a business registered to pay Goods and Services Tax (GST)? If so, then you must lodge a Business Activity Statement or BAS. But first things first, what is a Business Activity Statement (BAS)? The mere mention of it is enough to make some business owners drop everything they are doing just to […]
What You Need to Know About Business Accounting and Financial Management
The key to a successful business lies in understanding your finances. While running a business is often gratifying, it can also be downright overwhelming. With multiple demands and tasks to attend to, it’s not always easy to look at things from a bigger perspective. That’s why finding the time to put a proper financial plan […]