5 Cash Flow Mistakes Small Businesses Make (and How to Fix Them)
Cash flow kills more small businesses than lack of customers ever will. Poor cash flow management is the leading cause of business failure in Australia. The pattern is common: a business has plenty of work, revenue looks healthy on paper – but there’s never enough money in the account when bills come due. The problem isn’t usually income. It’s how money is managed between earning it and spending it. Here are five cash flow mistakes that freelancers and sole traders make repeatedly, and how to fix each one.
Read MoreGST for Small Business: When to Register and How to Track It
GST registration is one of those decisions every Australian small business owner faces eventually. Some businesses must register, some choose to, and some are better off waiting. Getting it wrong – either registering too late or not registering when you should – can mean penalties from the ATO or missed opportunities to claim back GST on your business purchases. This guide walks you through the registration threshold, the pros and cons of voluntary registration, the registration process itself, and how to track GST properly once you’re registered.
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Instant Asset Write-Off: What Small Businesses Can Claim in 2026
With the end of the financial year approaching, now is the time to think about whether you can use the instant asset write-off to reduce your tax bill. This scheme lets eligible Australian small businesses deduct the full cost of an asset immediately – rather than depreciating it over several years. If you’ve been putting off buying that new laptop, piece of equipment, or work vehicle, understanding the instant asset write-off could save you thousands before June 30.
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