Ah! It's that EOFY (end-of-financial-year) time again, and you are wondering if you can minimize your business tax liability. Well, you can with a little planning and preparation ahead. A recent survey of 507 businesses by a Commonwealth Bank in May revealed that most of the small to medium businesses did not practice strategies available to them to minimize their tax dollar. It doesn't take a tax expert to save on tax dollars, only some simple rules and advanced planning. Fi
Cash flow is one of the most important aspects of your real estate business. Ignore it, and you’re in big trouble. Cash flow forecasting should be a regular part of your overall business strategy. This means that it should be attended to on a monthly basis. If you do it yearly, you’re already too late to reap the benefits, and your business is likely in trouble financially.
Unfortunately, the real estate industry is prone to delays in income and commission. This can cause u