Phil Griffiths 
The concept of negative gearing has become one of the most contentious topics in the Australian housing market and political landscape. However, the prevailing discourse often lacks depth, promoting a myriad of misconceptions about its nature, implications, and benefits. This article aims to debunk the most common fallacies associated with negative gearing, offering an accurate … Read more
Starting a new business can be an exciting and daunting journey. As an entrepreneur, you may have a brilliant idea for a product or service, but without a well-structured plan, your business may fail to reach its full potential. A business plan is not only crucial for securing investors and funding, but it also serves … Read more
Bookkeeping is a crucial aspect of running any business, no matter the size or industry. It involves keeping track of financial transactions, managing cash flow, and preparing financial statements. Traditionally, bookkeeping was done manually using paper and pen or spreadsheets. However, with the advancement of technology, there are now various software solutions available for bookkeeping, … Read more
Accounting mistakes are common among small business owners, particularly tradies, who can become overwhelmed with the complexity of the financial side of their business. A financial review by a professional accounting firm can often help tradies identify and fix these common accounting mistakes before it’s too late. In this blog post, we will discuss the … Read more
As an independent tradesperson or small business owner, you are likely to need the expertise of an accountant to ensure your finances are in order. But what does a tradie accountant do exactly? A tradie accountant is a professional financial practitioner who offers customised accounting services tailored specifically to meet the needs of tradies and … Read more
Taxation is an essential but complicated part of running a business in Australia as a tradesperson or ”tradie”. Keeping up with all of the tax requirements can be difficult and time-consuming, especially when, as a tradie, a large chunk of your time is spent on the job. Part of being a successful tradie is ensuring … Read more
As a tradie in Australia, a large portion of your time is spent on important aspects of your business, like attending to customer needs and providing services. This can leave little time for managing the financial health of your business, which is an important part of its success. Hiring a professional tradie accountant can help … Read more
Tradies are the foundation of many industries in Australia, and managing cash flow is of utmost importance when running a business. The following cash flow management tips will ensure tradies stay on track with their finances while keeping their business running smoothly. Create a Cash Flow Forecast Creating a cash flow forecast is essential for … Read more
Tradies across Australia are in luck, as they can take advantage of the new tradie ute tax write-off. This tax incentive, which is included in the 2019 federal budget, allows tradies to claim an immediate deduction for eligible ute-related expenses. This article will discuss the trade ute tax write-off, who is eligible for it, and … Read more
A successful tradie business demands a lot of expertise, devotion, and hard work. It’s wise to understand the different aspects and strategies there are that can help you achieve this. The following guide will help you build a thriving, lucrative tradie business that can give you a consistent, dependable income. A Solid Business Plan Any … Read more