How Does Depreciation Add Value To A Rental Property?
Professionally prepared depreciation schedules are one of the keys to getting the best from your investment property tax benefits. Many clients initially baulk when we suggest they spend the money to get a depreciation report prepared – but in most cases they pay for themselves many times over during the life of your investment property, […]
Who Are Total Water Services?
Last week, Brad sat down with the team at Darren, Peter, and Craig from Total Water Services to chat about how we work with them to deliver effective, explained accounting. We help them understand their numbers and make sure they know exactly how their business growing. Find the transcript for this interview below: — Brad: […]
How To Avoid Superannuation Troubles As An Employer
It’s official and serious! New laws introducing penalties, including imprisonment up to 12 months, for non-compliance of superannuation guarantee obligations have been passed. Earlier this month, Jotham Lian, in the Accountants Daily newsletter, reported that new legislation now allows the ATO commissioner to issue a direction to an employer to pay an outstanding super guarantee […]
How You Could Save Money Outsourcing Your Accounting
As your business grows, one of the most important areas will be your accounting and finance team. Although hiring an in-house accountant is a common choice, it may not be the best option for your company. This is especially true when you consider that technology now allows many tasks to be done remotely, at any […]
Nailing the Big Picture – Remember Why You’re In Business
You can set up your plumbing business, get the marketing going, and be managing cashflow well… but why? Why did you set up your own business, rather than work for someone else on wages? Are you achieving (or are you on track to achieve) the expected benefits of being a business owner? The following are […]
Money is Hard To Earn – Don’t Let It Leak Away
After you win the plumbing job and complete the work, you need to get paid in the most timely manner possible. And when you get paid, you need to know how much the business needs to function – and when it needs it. The following tips will help keep the cash flowing: Monitor Cashflow Performance […]
Marketing Your Plumbing Business: How To Digitise Your Strategy
Looking at marketing your plumbing business? You need to set yourself up with tools and tax structures then find customers so you can service and bill them efficiently. Marketing Your Plumbing Business: Drawing In Customers No point being the best and most competitively priced plumber in town if nobody knows about it… Plumbers, like any other […]
Set Up Your Plumbing Business Properly To Make Sure Business Flows Smoothly
Last week we touched briefly on topics that are important to the set up and ongoing success of a plumbing business. This week, we look more closely at the first two of these topics – Digging Into The Detail and Building Solid Foundations. Digging Into The Detail Where have you come from? Where are you […]
Five Tips To Designing The New Financial You In 2019
Job success never happens by accident. People plan, study and work hard for many years to achieve their career goals. At Affinitas Financial Planning, we can help you channel that same steely determination into designing your financial future. By working with us through these five simple steps, you can be well on your way to […]
Build Your Plumbing Business Right To Make Sure Profit Doesn’t Drain Away
At Affinitas, we’re good at plumbing. We can’t fix a blocked drain or install a water reticulation system – but we are very experienced when it comes to the understanding the accounting and business planning needs of the plumbing industry. It is this experience and knowledge that has allowed us to build some of our […]
