Start Up Business

Single Touch Payroll Phase 2 was designed to require businesses to report additional information to the ATO each time payrun is filed. Therefore, every business in Australia with staff members are required to comply with STP reporting requirements. Notably, the government has provided businesses utilising Xero payroll an extension to 31 March 2023 to report […]

Empire Accountants are an advocate for having alliances in business. Having alliances is a great way to reach new markets, drum up new business, add value to your services and assist other small businesses in Brisbane in growing their clientbase. While you may know having alliances is a must when you start a business, you […]

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When starting your own business, exploring the market and how your business fits into your industry space is equally as imperative as the numbers itself. Before you jump in and get started, market research should be carried out to understand if your idea is feasible. This will allow you to find out whether there is […]

Starting a business? Let’s talk Cash flow. One of the most important tools when starting out in business is a cash flow forecast. Staying close to your business numbers especially in the early days is vital. So what is a cash flow forecast? Generally speaking, a cash flow forecast is a financial tool that predicts […]

You don’t have to be great to start, but you have to start to be great – Zig Ziglar Starting a business is an exciting yet daunting decision to make. In the beginning, the majority of business owners we speak with have a thousand and one things to achieve but limited resources to do so […]