How should I structure my business for tax purposes? What registrations do I need for my new business, and when? Is insurance really necessary?

In this episode of the podcast, Directors of New Wave Group and owners of multiple businesses, Reuben Bergola and Shaneel Pforr, speak from their own experiences as they share the do’s and don’ts of setting up solid foundations of a new business.

Recommended Cloud Accounting Software: https://www.xero.com/au/

Best receipt keeping Apps that integrate with Xero: DEXT or Hubdoc

Book a free 30 minute consult with one of our business advisors here: https://www.new-wave.com.au/

Say goodbye to FY21 and hello to FY22!

Director of New Wave Accountants and Business Advisory, Reuben Bergola, shares his top tips for starting the new financial year fresh and setting up your business for growth. In this episode, we’ll cover off on the things you should be doing at this time of year and discuss why it’s important to: Prepare your returns early and stay on top of compliance; Look back and reflect on the prior financial year; and look forward with strategic planning, getting clear on what you are trying to achieve over the next 12 months.

If you would like some guidance on how to best plan for your business, visit our website https://www.new-wave.com.au/ to book a free consult with our business advisors today.