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What’s It Mean?

What’s It Mean?   EBIT –    Earnings Before Interest & Tax. EBIDT –    Earnings Before Interest Depreciation & Tax. EBITDA –   Earnings Before Interest Tax Depreciation & Amortisation....

Carbon Tax Planning

Whether you agree with the carbon tax or not, the reality is that the government has said it will commence in one year’s time… in fact, only 10.1/2 months time now, so all small/medium enterprises need to get ready for it.   It will be a good idea to...

ATO Targets

The Australian Taxation Office has announced its targets for 2011/12.  This summary relates to the Taxation Office’s indicated targets for individuals, micro-businesses (turnover up to $2M), small/medium enterprises (turnover $2M to $250M). The key areas that...

What Is The Purpose Of Your Business?

The end of a financial year is an appropriate time to do some thinking and planning as to what is happening in your business. A good place to start is – What is the purpose of my business? How much do you want to earn?  How many hours are you prepared to work? ...

Time For A Business Health Check

The end of a financial year is a good time to have a business health check prepared on your business.  Business health checks are just as important to businesses as medical checkups are for humans.  A business health check can highlight some potential problems before...