Sky Accountants

Businesses often focus on fixed expenses such as rent, salaries and wages, machinery, vehicle and insurance, among others.

A good business credit profile is important especially for those who are looking to get loans or larger investments to grow their business. Here are a few tips on how to build a good business credit profile.

Cash flow is one of the biggest issues for small businesses. It is important to get an in-depth cash flow analysis to determine if your cash flow is positive based on budget estimates and current actual results.

Payroll tax is not dependent on the business structure but on payroll activity. This means businesses may still be liable for payroll tax if they exceed the threshold even if they hire sub-contractors with an ABN.

Here is the hospitality and tourism market outlook for 2019. Café and coffee shops The café and coffee shop industry has moderately grown in the last five years because of the country's vibrant coffee culture.

Expanding internationally can be pretty exciting for your business but the truth is, every country you plan to operate in is different and you need to consider several things before you decide to conduct business across borders.

It's important to understand the factors that impact your industry to see how your competitors are tracking. This is a good gauge to see your business performance. Here is a view of the current and expected state of the hospitality sector in Australia.

The tax rate for all companies used to be at 30% but since 2015 it has been gradually decreasing.

Plenty of small business owners think that they cannot afford an accountant, or they are saving money on hiring one.

Xero has recently launched a few new features such as Xero Expenses and Xero Projects. You might be thinking if these new features are worthwhile.