Why do people start a business?
To make money to try and improve their lifestyle, to run social enterprises and help others, to follow a dream or passion, to develop new and different skills.
Whichever one of these options you may choose, you will still need to manage your money and this blog gives a pig picture view on the importance of accounting in business management.
As of mid-2023, approximately 50% of Australian retirees are funding their own retirement.
This figure was 22% – or one in five retirees – in the year 2000. This is due to several factors but may largely be attributed to the Australian Government’s national superannuation initiative which commenced in 1991.
If you wish to learn more about superannuation, including its regulation, and pick up a few tips on how to manage your super, then read on.
This blog centres on the war’s economic impact in Australia, namely why this war has caused the cost of some goods and commodities to rise which will directly or indirectly impact small business and their employees.
The Australia Government provides many useful online training resources for small businesses, employees, and budding apprentices. These services are free and easy to access.
In fact, there are so many sites it may be difficult to know which ones best suit your needs. Therefore, this blog highlights a selection to help you decide.
With the digital age well and truly upon us and automation occurring, certain skills will become increasingly valuable. To give you something to think about, here are some of those great skills that could be beneficial for you in the new world of work.
On the surface superannuation might seem simple, but underneath the regulation is highly complex. That is why there are no stupid questions when it comes to superannuation. This blog aims to summarise the basic information you should know about superannuation including how to select a find and open an account.
The financial year is the centrepiece of an annual calendar of regulatory and other activities. No matter what business structure you have, the end of financial year is a time to take stock of your financial position and prepare your business accounts for tax.
During the COVID-19 lockdowns in Australia, many people were forced to work from home. This has accelerated a move to more flexible, or hybrid, workplaces. It appears this will become the norm for the future.
You may have heard of an ACN or an ABN? For anyone who is unsure of the difference between these terms, this blog outlines the basics of an ACN and an ABN.
These terms may look and sound similar yet they serve quite different purposes. Anyone starting a business or considering what structure might be most appropriate for their business should understand what an ACN and ABN are, how to obtain them and the benefits each can bring.
Paying attention to your payslip is part of taking responsibility for being paid correctly for the work you do. This blog aims to help you better understand the basic elements of a payslip.
EDGE SME Financial Management Services
EDGE SME Financial Management Services is a CPA Business
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