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Steps to Consider before Buying a Small Business

May 25, 2022 - May 26, 2022 Liam Harrington

Buying an existing business may be easier compared to starting one from scratch. You don’t need to worry about setting up equipment, finding suppliers, finding customers and negotiating contracts. Instead,
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Grow your numbers – Increase transaction value

May 18, 2022 - May 18, 2022 Liam Harrington

The endless pursuit of new customers to grow a business often distracts us from looking after our existing ones. This pursuit can unintentionally cause a downward spiral. Spending more on
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Common Accounting Mistakes: Small Businesses & Startups

May 13, 2022 - May 13, 2022 Liam Harrington

No matter the size of your business, you will face the same type of accounting challenges as everyone else. Unfortunately, small businesses and startups have a smaller margin of error
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4 Reasons You Should Really Stop Doing Bookkeeping Yourself

April 28, 2022 Liam Harrington

Many business owners today seem to think they can and should do their own bookkeeping. This can be for a few reasons, such as trying to save money or simply
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What Accounting Service Is Right For My Business?

April 26, 2022 - April 26, 2022 Liam Harrington

Outsourcing accounting services to a third-party provider might seem like a good idea, but finding the right one is challenging. Some firms offer a broad range of services, while others
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Walking the tight rope – Federal Budget 2022

March 30, 2022 - March 30, 2022 Liam Harrington

It is an election year after all, so why would we not expect a budget announcement with cash enticements?  The total cost of this budget is forecasted at $17.1 billion
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FBT and motor vehicles…

March 22, 2022 - March 25, 2022 Liam Harrington

The end of March is fast approaching, the finish line of the Fringe Benefits Tax (FBT) year. Documentation will be more important than ever this FBT year, as the ATO
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5 Important Tips to Avoid Losing Money In Your Business

March 15, 2022 mksgroup

The goal of a business owner is to make a profit to provide for themselves and their employees. If a business owner doesn’t keep track of their finances, they’re likely
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Small Business Info

3 Reasons You Might Want to Think Twice Before Discounting

December 21, 2021 Liam Harrington

By now, you must have read articles about how discounting can be an excellent way to make more sales, improve your profits, attract new customers, and grow your business. Know,
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Has COVID-19 impacted the validity of my logbook?

December 21, 2021 Liam Harrington

Covid-19 and car expenses: The impact of the COVID-19 pandemic on the economy has been far-reaching, and almost everyone’s work habits have been impacted in some way. Whether that is
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Small Business Info

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Suite 202A
Level 2 / 12 Hall St
Moonee Ponds VIC 3039
PO Box 695
Moonee Ponds VIC 3039

03 9374 8400
1300 MKS XERO
enquiries@mksgroup.com.au


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