Business Growth Hub
Want business growth and success? As your partners in business we are here to help with our strategic advice and practical solutions.
ATO’s Crackdown on Family Trust Elections: Why Growth IQ Clients Can Rest Easy
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....
Mergers and Acquisitions Financing: A Guide for SMEs Eyeing Growth in 2025
As we edge closer to 2025, many businesses are gearing up for a new year of growth, and mergers and acquisitions (M&A) are often the next big step to consider for SMEs. Mergers and acquisitions (M&A) can be a powerful way to grow your business, unlock new...
Clear Goals, Better Efficiency, and Stronger Teams: Your 2025 Business Check-in
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...
Business Advisory Services or an Agile CFO?
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...
The Building Blocks For Scaling to a $10 Million Business
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, proven...
7 Ways Successful Businesses Remain Financially Healthy
7 Ways Successful Businesses Remain Financially Healthy Running a successful business is more than just keeping the doors open—it’s about understanding the financial indicators showing your business is thriving. By regularly reviewing specific metrics, you’ll have a...
How Directors Can Legally Access Business Profits for Personal Use
How Directors Can Legally Access Business Profits for Personal Use If you’re a director of a company, one question that may come up is: Can I take money out of my business for personal use? The simple answer is yes, but you need to follow specific rules and...
The Best Tech Tools for Running a Better Fitness Business
Running a fitness business? Keeping up the pace can be as intense as a high-energy workout! In this industry, every edge counts, especially when it comes to staying ahead of the competition and managing your operations smoothly. That's where smart tech comes in—it's...
Deep Dive into Your Business’s Profit and Loss Statements
For many small business owners, the Profit and Loss (P&L) statement often gets overlooked or misunderstood. In reality, not enough owners know how to read or leverage this essential report. Your P&L isn’t just a list of numbers. It’s actually a valuable tool...
Understanding Types of Business Structures: A Guide for Business Owners
Picking the right business structure is a big deal. It affects your taxes, liability, and growth potential. Here's a quick rundown to help you choose the best fit for your business and goals. Sole Trader This is the most straightforward business structure, often ideal...
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