by Tyson Cobb | Mar 14, 2025 | Growth IQ Blog
With the introduction of the new Australian Wage Compliance Code, business owners can no longer afford to treat payroll as an afterthought. Intentional underpayment can now be a crime. Mistakes, whether they are intentional or not, can result in serious penalties. The...
by Tyson Cobb | Jan 16, 2025 | Growth IQ Blog
Family trusts are a popular structure for wealth management and minimising tax. By making a Family Trust Election (FTE), trustees can access certain tax benefits, but the Australian Taxation Office (ATO) has significantly increased its scrutiny of these arrangements....
by Tyson Cobb | Dec 18, 2024 | Business Growth, Growth IQ Blog
As we wind down 2024, it’s the ideal time for small business owners to pause, reflect, and realign their strategies for the year ahead. Whether you’re looking to streamline operations, retain top talent, or improve profitability, the new calendar year offers a fresh...
by Tyson Cobb | Nov 27, 2024 | Growth IQ Blog
Running a small business often means managing a bit of everything—operations, finances, planning, and everything in between. With so much on your plate, it’s no surprise that big-picture thinking often takes a backseat, especially when understanding the numbers behind...
by Tyson Cobb | Nov 27, 2024 | Business Growth, Growth IQ Blog
If your business has crossed the $1 million turnover mark, then you are part of the 34.59% of Australian businesses with a turnover between $1 million and $2 million, which is a massive achievement. This is an indicator that you’ve built a solid foundation,...
by Josh RICHARDSON | Oct 1, 2019 | Growth IQ Blog
It’s profits that are the real driver of long-term growth – not sales. So often we meet with clients and they are absolutely stoked that our monthly meeting has arrived. The excitement can be for several reasons: “We’ve won this contract!”...
