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What is a Director Identification Number (director ID) and do I need one?

You may have heard about the new rules which require directors of Australian companies to obtain a Director Identification Number (director ID). The new requirement to obtain a director ID also applies to individuals who have an SMSF or a trust with a corporate trustee, which is why I wanted to bring this new requirement to your attention.

By Ewen Fletcher on

A photograph of Australian Dollars lined up in domination on a wooden table

Cash Flow Targets: Reduce Stress & Maximise Growth

Having enough money for your day-to-day business requirements is crucial. It is what keeps your business going –…

By Glenn Sharp on

A business person about to tap on a blue calculator on a desk trying to work out when to consider a virtual cfo

When Should a Business Consider a Virtual CFO?

Growing a business is incredibly challenging. It takes time, expertise, and good decision making across the board. One…

By Ewen Fletcher on

Photograph of business person holding graphs and pie charts showing results of a business health check

How Healthy is Your Business? It’s Time for a Business Health Check

For many business owners, the pandemic has disrupted ‘business as usual’. Budgeting and business planning have been put…

By Glenn Sharp on

Business Growth in The New Economy

A quick look at news headlines over the past 10 months (since we published our Business Outlook for…

By Ewen Fletcher on

Workspace with wooden tables with plants on them that has recently invest in equipment, like new computers

When to Invest in the Equipment You Need for Your Business: An Accountant Explains

It can be difficult to know when it’s the right time to invest in the new machinery, technology,…

By Glenn Sharp on

Extended support for Victorian businesses

Although Regional Victoria has come out of lockdown, support has been extended for Victorian businesses. The Victorian government…

By Ewen Fletcher on

Desk with some marketing text books, a plant, three pens, and a piece of paper that says 'marketing strategy' with an iron over the top left of the crinkled page to symbolise ironing out the creases in a marketing strategy that aligns with your financial goals.

Aligning Your Marketing Strategy With Your Financial Goals

Aligning your marketing strategy with your financial goals helps ensure your actions are focused and impactful. But for…

By Glenn Sharp on

Happy female worker with long brown hair holding a computer tablet and smiling sitting at a wooden table on a white chair with a dark background

3 Steps to Decrease Staff Turnover

Staff turnover is expensive, particularly for small businesses. When a team member leaves, you must spend time and…

By Ewen Fletcher on

Outsourced CFO Services: How a Virtual CFO Can Create the Business You’ve Always Imagined!

As your business grows, so does the impact of your financial decisions. This is why the best businesses…

By Glenn Sharp on

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