Sky Accountants

The retail industry is one of the most competitive industries in Australia. The ability of small businesses to compete is constantly challenged by competition from major groups, changing demographics, new sales channels and importers.

At Sky Accountants Ballarat & Bookkeepers Ballarat, our goal is to empower you to become a better, more finance-focused and well-rounded entrepreneur.

It's good for a business to buy assets to use within the business – fixed assets such as computers, vehicles and equipment. However, these assets lose value through regular use - this means less re-sale value.

Here are some of the common issues that travel and accommodation businesses should be wary of. At Sky Accountants Ballarat & Bookkeepers Ballarat, our goal is to empower you to become a better, more finance-focused and well-rounded entrepreneur.

Many businesses used errors in the payroll system as an excuse for underpayment in 2019 and it may continue to be used this year because of their over-reliance on digital systems.

If you set up a self-managed super fund, you can make investments that suit you, including property.

If your main goal is to scale your business, a company structure may be your ideal choice because it provides flexibility to expand and bring in new partners to the business.

Working in trades can keep you very busy that you don't have time to worry about finances and bookkeeping. Managing your finances is a big part of the business but it does not have to be difficult.

At Sky Accountants Ballarat, our goal is to empower you to become a better, more finance-focused and well-rounded entrepreneur. Contact us at info@skyacc.com.au or 1300 328 855 There are several differences between sole trading and a trust.

Self-managed super funds are popular investment choices but do you really know the benefits of an SMSF as compared to industry or retail super funds? While other funds are run by external trustees for thousands of members, an SMSF is a trust structure...