ABJ Solutions

ABJ Solutions updated their phone number.

The application for up to $3,000 worth of small business fees and charges rebate is only until 24 June 2022 and it will close on 30 June 2022. Check out if your business is eligible by reading this article.

How to Claim the $3,000 Small Business Fees & Charges Rebate - ABJ Solutions Follow these steps to claim your small business fees and charges rebate. Check if your eligible and prepare the documents needed. Read more.

This is a reminder to take your well-deserved break from work and spend this day with your precious family.

We applaud you for doing the best you can every day. Happy Father's Day! 💙

Are you still preparing your tax records? Make sure to claim all applicable tax deductions when lodging your business taxes to increase your business savings.

See the list of tax deductions to claim. Read the full article here: https://www.abjsolutions.com.au/business-tax-deductions.../

What Tax Deductions to Claim Before the End of the Financial Year - To increase your business savings, make sure to claim all applicable tax deductions when lodging your business taxes. Check out this list.

Do you know how much your business is worth? If not, preparing a business valuation is the best way to get this information. Through this process, you can get a better knowledge of your company assets, obtain your true company value, understand its resale value, attract more investors and resolve legal issues.

Read more here: https://www.abjsolutions.com.au/how-to-value-a-business-in-australia/

How to Value a Business in Australia - ABJ Solutions How to value a business in Australia? Here are the 3 steps you can follow and the types of business valuation methods to use. Read now.

Reality-check: Your chief financial officer (CFO) can help you realise the full potential of your business and reach new levels of growth, especially when you disclose essential business information and challenge each other.

It requires mutual work — you need to let your CFO know the present status of your business, where you want it to be and the questions that keep you up at night. Only then can your CFO find a strategic way to guide you towards your goals.

Continue reading to see the list of questions you may want to ask your CFO and ensure you’re updated with potential growth opportunities.

Questions to Ask Your CFO to Drive Business Growth - ABJ Solutions Here are the top questions to ask a CFO to improve the financial health of your business and bring you closer to your goals. Start reading.

The loss carry-back tax offset is a type of tax refund or rebate for eligible Australian companies. To know when you can carry back your tax losses, use the table below as a guide.

Tip: You can use the amount you offset from the loss carry-back scheme in any of the following ways:

✔ As a cash refund
✔ To reduce your tax liability
✔ To reduce the total amount of debt you owe to the ATO

Read this article to learn if you're eligible for this scheme: https://www.abjsolutions.com.au/loss-carry-back-tax-offset/

The end of financial year is fast approaching. How's your progress in wrapping up your books?

This end of financial year checklist will guide you through the steps of wrapping up your books so you can approach the new financial year with a clear mind.

End of Financial Year Checklist for Small Business Owners - ABJ Solutions This end of financial year checklist will guide you through the steps of wrapping up your books and preparing for the new financial year.

The 2021/2022 financial year in Australia will be ending on 30 June 2022. If you’re still finalising your records, don’t forget to claim your business expenses as tax deductions to reduce your taxable income.


Find out the business tax deductions you can claim in Australia in our latest article.



https://www.abjsolutions.com.au/business-tax-deductions-australia/

What Tax Deductions to Claim Before the End of the Financial Year - To increase your business savings, make sure to claim all applicable tax deductions when lodging your business taxes. Check out this list.

Simplifying your business processes makes it easier for you to manage daily operations. Here are 3 strategies to get started.



https://bit.ly/3OuLqhl

3 Proven Strategies to Simplify Your Business Processes - ABJ Solutions Simplicity is the key to transparency while complexity abets ambiguity. Here are 3 ways to simplify your business processes. Start reading.

This initiative lets you monetise the value of your revenue losses instead of deferring such losses until you become profitable and can pay your taxes again.

In this article, find out if your business is eligible and when can you carry back your losses.

What You Need to Know about the Loss Carry Back Tax Offset - ABJ Solutions The loss carry-back tax offset is a type of tax refund or rebate for eligible Australian companies. Here's what you need to know. Read here.

Has the omicron surge crippled your business? If yes, you may be eligible for the 2022 Small Business Support Program.

Find out the details of this program in this article, specifically the fresh updates on the application period and application process.



https://www.abjsolutions.com.au/2022-small-business-support-program/

Key Details on the 2022 Small Business Support Program - ABJ Solutions Small businesses in NSW that are highly impacted by the Omicron wave can apply for the 2022 Small Business Support Program from mid-February.

New South Wales residents aged 18 and above can now redeem their $50 worth of Stay NSW Voucher to support the local accommodation industry.

Read this article to find out the requirements, application process, and eligible uses of this voucher. Start reading here: https://buff.ly/3ti2Js6

How to Claim Your Stay NSW Voucher - ABJ Solutions NSW residents aged 18 years above can now claim their Stay NSW Vouchers. Learn how to claim your Stay NSW Vouchers. Read here.

Parents, guardians, and carers of school children from NSW can now claim their $250 worth of vouchers through the Service NSW website. The vouchers are valid until 9 October 2022.

Read this article to find out if you're eligible and the process of claiming the vouchers.



https://www.abjsolutions.com.au/parents-nsw-vouchers/

$250 Parents NSW Vouchers: What is It and How to Claim It - ABJ Solutions Parents, guardians, and carers of school children from NSW can now claim their $250 worth of vouchers through the Service […]

Are you planning to start a business? Or are you preparing for its growth?

Before heading on to your journey, keep in mind these 3 essential ingredients that will help you succeed.

Three Essential Ingredients to a Successful Business - ABJ Solutions Starting and operating a successful business is both an art and a science. It takes equal amounts of talent, knowledge […]

As Covid-19 alters the world, business leaders are handed an opportunity to redesign their work structure and reshape the workplace of the future.

But how exactly can the changes brought by this virus influence the office space going forward?

The New Office Space Post-Covid-19 - ABJ Solutions Moving forward, the changes brought by the COVID-19 pandemic can alter not only the office space but also the way we work.

To aid SMEs impacted by the Omicron surge, the NSW government will open a new support program by mid-February. Find out if your business is eligible by reading the article.

https://www.abjsolutions.com.au/2022-small-business-support-program

Key Details on the 2022 Small Business Support Program - ABJ Solutions Small businesses in NSW that are highly impacted by the Omicron wave can apply for the 2022 Small Business Support Program from mid-February.

Are you looking for the best payroll solution for your business size and reporting needs?

Let's take a look at the common solutions that many businesses are using for STP reporting obligations.

What Technologies Will Help with STP and Reporting Obligations? - ABJ Solutions If you are looking to be compliant with the ATO, find out how STP technologies will help you with your reporting oblications.

Managing AP and AR can be a bit of a juggling act. Not managing it correctly can mean overpaying or not being paid quickly enough for your goods and services.

Here are four strategies you can implement to better balance your AP and AR and drive growth in your business.

https://www.abjsolutions.com.au/driving-growth-with-ap-and-ar-balancing/

Driving Growth With AP and AR Balancing - ABJ Solutions A growing number of Australian small businesses are struggling in the current economic environment and cash flow is becoming a […]

Many businesses fail because of their inability to manage their financials well. If you're experiencing problems in keeping your cash flow in check, you may be committing these 3 mistakes.

https://www.abjsolutions.com.au/what-are-the-top-financial-mistakes-small-businesses-make/

What are the Top Financial Mistakes Small Businesses Make? - ABJ Solutions It’s no secret that starting and establishing a small business is no easy feat. Not only do you need a […]

How do you prepare your business for an impending economic downturn?

Keeping an emergency fund is not enough. To guarantee your survival, ABJ Solutions' Director and CFO Tony Barakat gives us these tips to prepare for a business slow down.

Preparing for Business Slow Down - ABJ Solutions Whatever situation your business is in, it is important to have an effective cash flow management plan to get through periods of downturns.

Uncertainty in business is never a good thing but with the right financial tools and practices, you can feel more secure and make smarter choices.

Three Ways to Address Uncertainty in Your Business - ABJ Solutions Are you feeling uncertain about the future of your business? Here are a few ways to address it from a financial perspective.

Pivoting your business is a process; it isn’t a decision you can make overnight. You have to consider several variables to see if it’s the right move.

Before you embark on this initiative, think through the process and understand the impact on your business to reap its benefits.

The Art of Pivoting - ABJ Solutions A pivot is a way of changing your business model, strategies, or even the features of your products. Here are the ways to do it.

"Have you closed your business for at least seven (7) consecutive days due to a public health order?

If yes, you may be eligible for this support payment.

"

Up to $20,000 Support Payments for NSW SMEs - ABJ Solutions The Summer Holiday Stock Guarantee will be available if businesses have to stop operations due to a public health order. Learn more.

Looking for cloud accounting software to automate your accounting processes? At ABJ Solutions, we recommend the use of Xero.

Here are the reasons why: https://bit.ly/3fP0iY3

Five Benefits of Xero for SMEs - ABJ Solutions Explore the five key benefits of Xero cloud accounting software to find out how it can help your business succeed.

"The federal government has once again extended the SME Recovery Loan Scheme for small and medium-sized businesses that are adversely impacted by the COVID-19 pandemic.

What's in it for you? Read this article to find out the details.

"

SME Recovery Loan Scheme: 2022 Updates - ABJ Solutions The SME Recovery Loan Scheme aims to support the Australian economy and provide assistance to eligible SMEs and flood-affected businesses.