Tag: business planning

From 1 July 2026, superannuation payments shift from quarterly to payday. For most business owners, this change hasn’t even registered yet – but it will have a major direct impact on cash flow. In our strategic planning sessions over the past few months, we’ve been working through what this means for clients who are building…

You’re running a profitable business. Revenue is strong, you’ve built a solid team, and the kids are in private school. By most measures, you’ve made it. But here’s the question that keeps successful business owners awake at night: are you making the most of what you’ve built, or are you leaving money on the table?…

At Sharp Accounting, everything starts with understanding what matters most to you. For many of our clients, that is family, time freedom and financial freedom. In this video, Glenn shares how we help clients clarify their priorities and build a plan that supports both their financial goals and the life they want to lead.These foundations…

The final weeks of the year tend to push every business owner a little harder than usual. There is pressure to finish everything, keep the team steady and prepare for what comes next. This is exactly when taking a step back becomes essential. A proper break is not about slowing down progress. It is about…

A successful succession plan depends on more than agreements and financial structures. The people involved are what ultimately determine whether the transition is smooth or difficult. Preparing the next generation for leadership requires clarity, communication and a steady focus on building capability long before the handover takes place. This preparation matters whether the successor is…

A successful business succession plan needs more than good intentions and a willing successor. The structure behind the handover is what protects the value you have built and ensures the next person steps into a stable and well-supported business. This stage of the succession journey focuses on the technical aspects of the work. It is…

When you start thinking about succession or selling your business, one of the first questions that comes up is, “What is my business worth?” Many business owners have a figure in mind, but it is often based on gut feeling rather than evidence. The reality is, the value of your business is determined by more…

In my last article, I talked about why every business needs a succession plan. This time, let’s look at how to get started. Succession planning is not just about what happens when you step away. It is about setting your business up so it can continue to thrive without you. The earlier you begin, the…

Succession planning is one of the most crucial steps a business owner can take to secure the future of their business. Yet, in my experience, it is also one of the most overlooked. Many owners recognise the need for a plan, but often put it off because it seems complicated or uncomfortable. The truth is,…

From 1 July 2025, a key change to tax legislation is now in effect: interest charges imposed by the ATO are no longer tax deductible. What’s Changed? Previously, interest charges from the ATO, such as the General Interest Charge (GIC) and Shortfall Interest Charge (SIC), were tax deductible, reducing your taxable income. Now that the…

Self-Managed Super Funds (SMSFs) often make headlines for the wrong reasons. If you’ve been wondering whether an SMSF is worth considering, or you already have one but want to make it work harder for you, let’s cut through the noise. At Sharp Accounting, we work with business owners and individuals who want to take more…

Once you’ve set clear goals, built a practical budget, and defined your growth targets, the next step is action. But growth doesn’t come from doing more of everything; it comes from doing the right things, in the right markets, for the right customers. At Sharp Accounting, we help business owners assess which growth opportunities are…