
The Real Cost of a $15 Cup of Coffee
Pricing is one of the most critical aspects of running a successful business, yet it’s often misunderstood. Many businesses on the Gold Coast undervalue their products or services, risking long-term viability. Most businesses think they might also lose clients if they...
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Discover your Gold Coast Accountants
Master Accounting in West Burleigh is here to provide taxation support with a personal touch, and we would love to help you! At Master Accounting, we understand the unique needs of both businesses and individuals on the Gold Coast when it comes to accounting...
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Simple Economics
Simple Economics and Its Application to Australian Businesses Pricing is a critical aspect of any business, yet many business owners struggle to understand its full importance. Simple economics highlights that while price plays a significant role, consumers consider...
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2024 End Of Financial Year Checklist
As the End of Financial Year (EOFY) in Australia rapidly ascends upon us, there are a series of crucial steps to ensure smooth tax filings and compliance. Don’t simply place your tax return into the “too hard basket”, when you could enjoy an End of...
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Master Accounting: Your Trusted Partner in Strategic Financial Solutions in Queensland
Strategic Financial Solutions in Queensland As a resident of Queensland, navigating the intricate world of taxes amidst the ever-evolving financial climate can be daunting. However, nestled in the vibrant locales of Burleigh Heads and the Gold Coast, QLD, lies a...
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Stop Leaks in Your Business: A Strategic Approach to Boosting Profitability
In the dynamic landscape of business, it’s imperative to recognise and rectify the leaks that can hinder growth and profitability. Four key areas that demand attention are: Sales down by bad debts, Slow to reduce labor, Expenses too high and Tax bills that...
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Inflation and Why You Should Raise Your Prices Now
Is inflation under control? The Reserve Bank of Australia AND the Australian Government like to think so, and the general public also want it. But is this RBA goal achievable? The short answer is no. The politically correct one is yes. This means you need to show...
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How to succeed in business
Plan or opportunity Based on skills and knowledge be patient they come along. Reevaluate business every 3 to 6 months make changes. Discuss accountant Action not meetings: Meeting ego driven and people don’t listen save the time. Encourage truth from Staff You want...
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Ban all cash transactions above $10,000
The Government bill: To ban all cash transactions above 10,000, making it a criminal offence to assist the ATO’s drive to get rid of the cash economy has effectively been sunk. Given the Virus and recession there wasn’t much appetite to pass it. It’s been delayed, but...
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Job keeper payments
If not getting job keeper payments make sure you get to see your accountant a lot more people are getting it especially with the extra 7 alternate tests. It’s possible we might get double dip recession so it makes it hard business who doesn’t get it. Of course you...
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