Author: mksgroup

Quarterly BAS and EOFY Sorted: How MKS Group Takes the Stress Out of Business Accounting

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Quarterly BAS due. Payroll finalisation looming. EOFY around the corner. For many Melbourne businesses, these words trigger a familiar mix of late nights, spreadsheet juggling, and “is this right?” anxiety. It doesn’t have to be that way.

At MKS Group, we turn BAS, GST and compliance, and EOFY help into a calm, repeatable rhythm, so you can focus on running (and growing) your business. Here’s how our approach as your business tax accountant delivers fewer surprises, cleaner numbers, and more confident decisions.

How Franchise Business Advisory Supports Expansion

- mksgroup

Expanding through franchising can be one of the most powerful ways to grow a business, but it’s also one of the most complex. Between legal structures, financial modelling, tax implications, brand consistency, and the realities of managing franchisees, it’s easy for growth plans to stall or become risky. That’s where Franchise Business Advisory becomes essential: guiding franchisors through each stage of expansion with clarity, structure, and confidence.

Best Ways a Business Accountant Can Help You Apart from Your Taxes

- mksgroup

When most people think about accountants, tax returns are usually the first thing that comes to mind. But at MKS Group, we know that great accounting is about much more than compliance. For Australian businesses, the role of a business accountant stretches far beyond tax season. We become trusted partners who help drive growth, stability, and long-term success.

Unlocking Success: The Benefits of Coaching for Small Business Owners

- mksgroup

In today’s fast-paced business environment, small business owners often find themselves juggling multiple roles and responsibilities. As a coach and mentor, I have had the privilege of working with numerous business owners, helping them transform their businesses and achieve remarkable success. Here are some of the key benefits of coaching & mentoring for small business owners:

Understanding Your Minimum Repayment Obligations

- mksgroup

If you own a private company and have taken a loan as a shareholder or an associate of a shareholder, it is crucial to understand your repayment obligations. Failing to meet these obligations could have significant tax consequences. This blog will guide you through the essential considerations regarding loan repayments, including the concept of minimum yearly repayments, Division 7A loan agreements, and the financial impact of borrowing from a private company.