We get it, the thought of limiting your target market by niching down can be scary, especially when you’re just starting out. You feel if you only service a particular group of people, you’ll limit your chances of landing clients and making more money. But the truth is, niching down does the very opposite!

A lot of the new business owners we have been working with lately seem to be experiencing a certain level of stress & overwhelm after a busy 2021. Being a business owner certainly has its difficult days, but sometimes we make things harder than they need to be. Let's take a look at ways you're making business harder than it needs to be.

Do you work in the health and fitness industry? There are tax deductions suited to your industry that you can include in your next tax in order to maximise your return! In this blog post, we’re sharing with you some of the common tax deductions for personal trainers.

Are your clients not paying on time? Overdue debts can cause serious cash flow problems within your business so it’s important to make sure you have a good process in place for getting paid. We’ve previously shared tips on recovering debt but if you have a good system in place you can prevent customers from owing you overdue money in the first place. Remember, prevention is better than collection! Here are ways to prevent client debt:

Now that we are past the Christmas and New Year period, we are heading straight towards every business’ favourite time of the year -the end of the financial year! This is often a stressful time for small businesses, particularly sole traders, who aren’t always aware of exactly what they need to do to prepare for tax time. There’s one sure way to avoid that last-minute rush: making sure you’re prepared for tax time.

The ATO has recently announced that from the 1st January 2022, employers will be required to provide additional Single Touch Payroll (STP) information. This will reduce the reporting burden for employers who need to report information about their employees to multiple government agencies. But what does this mean for you? If you currently employ people, please read on to learn more!