Business Planning

As 2025 draws to a close, many small and medium-sized businesses (SMEs) are feeling the squeeze. Wage costs have climbed, supplier prices remain stubbornly high, and competition for skilled staff continues to pressure margins. Add to that the seasonal cash-flow crunch leading into Christmas and it’s no surprise many business owners are feeling stretched.

In approaching the end of the Financial Year, we provide key analysis into potential tax changes to take effect from 1 July 2023, with potential insights covering Instant Asset Write-Off, Fringe Benefit Tax, and Superannuation.

When the time comes to sell your business, how will you go about it? Will you sell privately or via a broker? Or instead of selling, will you dispose your assets and close?

As we begin the New Year, it is important for business owners to consider how their organisation is best-positioned to respond to changes in today’s rapidly evolving business environment.

Regardless of industry, the upcoming New Financial Year presents an ideal opportunity for business owners to review the results of the previous 12 months and begin formulating a plan for the fiscal year ahead.