What is a Business Activity Statement and when do I need to submit one
What is a Business Activity Statement? A Business Activity Statement commonly referred to as BAS is a statement provided to the Australian Taxation Office for all GST registered whether you are a sole trader or a company. The statement reports on how much GST...
What Are Payment Terms In A Contract?
So a big question I often get is, what are payment terms and what is the importance? Don’t businesses just pay the invoice by the due date? You would hope so, but unfortunately, this doesn’t always happen. So, let’s chat through this. What is...
Difference between an accountant and bookkeeper
If I had a dollar for every time I was asked this “what is the difference between a bookkeeper and an accountant”, I would have a lot of admin with my accounts receivables! I posted last week about what a bookkeeper does, and why they are so crucial for...
MicroChilli’s guide to creating financial and time freedom for online coaches and course creators.
MicroChilli’s guide to creating the ultimate goal of financial and time freedom for online coaches and course creators. Here’s the thing. With your business model it CAN BE great for lifestyle, but if your ultimate goal is financial & time...The MicroChilli way to say no if you’re a yes person!
According to Paul Graham, “We’ll increasingly be defined by what we say no to”. Being clear on your #Vision, #Goals and priorities makes it much easier to say no to things that don’t contribute to your #Plan – enabling you to say yes to the right things! Are you...Ready to go from hot mess to flaming success?
You’re wearing too many hats in your business! So, put your hands in the air, and step away from the bookkeeping-hat. Let us wear the stress and boredom of compliance and accounting.