Category Archives: Small Business
It Pays Off: 7 reasons business owners should pay themselves a salary

- October 4, 2016
- Capitis Accounting
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Think back to the days before you started your business, when you were working for a boss. Chances are you were rewarded for your hard work with a regular salary. It may not have always been the same amount, but it came through like clockwork. And for the next week, month or however often you […]
Business Horsham – A Worthwhile Investment

- September 12, 2016
- Capitis Accounting
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Capitis are members of the local chamber of commerce Business Horsham. The organisation’s goal is to support and promote Horsham businesses through a number of projects and activities in a way that benefits and boosts the profile of Horsham within the district and wider Victorian region. The greatest benefit we see in a Business Horsham membership […]
Passing the baton: Why every business owner needs a succession plan

- August 31, 2016
- Capitis Accounting
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While everyone wants their businesses to be successful and operate for a long time, you may not necessarily want to remain at the helm. At some point, you may want to pass the business on to your children, or to someone else in the company. You may want to sell your share to your business […]
Casual or more serious?

- August 22, 2016
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Recent Fair Work Commission activity indicates that there may be significant shifts in what ‘casual employment’ is defined as. A recent full bench decision means that workers who start as casuals before their positions become permanent will have their full length of service recognised in the calculation of any redundancy payouts. While this decision is […]
Lead vs Lag Indicators: Why You Won’t Win In Business While Looking at the Scoreboard

- August 1, 2016
- Capitis Accounting
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The principles behind winning in business and winning in sport are similar in many ways. Take tennis, for example. If you’ve ever watched a match on television, you’ll know that along with all the hitting, running and grunting there are a lot of numbers involved. And we’re not just talking about the score here. Each […]
Small Business, Big Decisions: Why Savvy Business Owners ‘Rent’ CFO-Level Experience

- June 21, 2016
- Capitis Accounting
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Larger businesses have a Chief Financial Officer (CFO) on staff. But what can small businesses do in this regard? Clearly, larger businesses can afford an in-house CFO. But it goes beyond an affordability issue: Large, successful businesses also understand how crucial the CFO role is to their business performance. The CFO in a business: Keeps […]
Why a good cash flow can be more important than a big profit

- May 12, 2016
- Capitis Accounting
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There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory.” As you know only too well, you don’t pay rent, meet payroll or pay your bills with profit. You pay them with cash. A business can make a lot of sales, have a book full […]
What is SuperStream?

- December 1, 2015
- Capitis Accounting
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What is SuperStream? How do i get compliant? When do I have to be ready?
Business Owners, So You Think You’re Insured Properly: 5 Things to Check

- October 21, 2015
- Capitis Accounting
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Whoever said, “You can never have too much insurance” obviously never had to pay the premiums. Still, there’s no denying the fact you need it to protect your business and its assets.
What the 2015 Budget Means For Small Business

- May 20, 2015
- Capitis Accounting
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If you run a business where your income is less than $2 million this post is a must read