Is your business running efficiently, or is it running off the rails? It is often said that small business owners are so busy working in the business that they don’t work on the business. But, with economic conditions softening, it is a good time to take action. According to the ATO, simple habits like managing … Read more
The lenient approach taken by the ATO during the pandemic is over, with its focus now returning to traditional debt collection. With several key areas under the spotlight, some small businesses should consider taking advantage of the current amnesty to get their reporting in order. Here’s some of the latest developments in the world of … Read more
In today’s modern business landscape, small and medium enterprises (SMEs) are the backbone of the economy. However, lost amid the grind to balance books, meet customer demands, and stay afloat, there’s an often-overlooked factor: prioritising mental health. The wellbeing of both business owners and their employees is paramount, not only for personal happiness but also for … Read more
Christmas is a time for giving and it’s so easy to get caught up in the joys of the festive season and lose track of how much you are spending. Fortunately, there are a few tried and true strategies to manage your money to see you through the silly season into the New Year and … Read more
Managing a healthy cash flow is often tough for small businesses and it is particularly the case right now in the challenging economic conditions. In this climate, recent changes to rules and regulations may both help and hinder cash flow. Here are some to keep an eye on. Minimum wage rise The Fair Work Commission’s … Read more
Step one: what are your financial pain points? When you start making plans, chances are you’ll both come across financial pain points. In other words, the areas that need some attention and possible alterations. These might include: post-wedding or honeymoon debts different earning capacities different savings goals different spending habits disagreements you’ve had in the … Read more
The Australian Government has announced the following 3 measures to assist small businesses that have an aggregated annual turnover of less than $50 million: Small business technology investment boost Small business skills and training boost Small business energy incentive – not yet law. Each measure will allow an extra 20% tax deduction for eligible expenditure. Because these … Read more
Why it’s so important to talk about your finances According to this research1, one in two Australians don’t sit down regularly to look at their finances and one in three say that money is a source of conflict in their relationship. To put conversations about money back on the table, Australians should sit down for … Read more
As a small business owner, it is normal to feel the pressure to be “on” all year round (because sadly, the bills don’t pause during winter). However, being aware of nature’s cycles – and tapping into the energy of each season – can help you build your business sustainably over the long haul. After a … Read more
While we all hope for good health, the reality is that some of us may struggle at times with sickness or injury. And that may affect your family’s financial wellbeing. Different types of life insurance or personal insurance can provide an income when you’re unable earn, or a lump sum to protect your loved ones … Read more
A new business is an exciting and challenging journey. Getting set up correctly from the start will help you on the path to success. You’re ready. You’ve worked out what registrations you need, you have an ABN, sought a trusted adviser, and checked if you need to register for GST or PAYG instalments. You’ve chosen a business name, have … Read more
Did you know it’s likely you’ll spend up to two decades or more in retirement? It’s a long time, so will you be able to afford all the things you’ve thought of doing in retirement, before your savings run out? By starting now and making small changes to how you approach your super savings, you can … Read more
B.Com, CA, MBA
Email: adrian@advantageaccountancy.com.au
Adrian began his career working for the Australian Taxation Office as an Assessor in 1986. A decade later he set up his own accountancy practice in Cairns and has been a public accountant since that time.
Over the years, Adrian has grown from invaluable experiences in business to become an exceptionally astute businessman. This is demonstrated not only by the success of his own accountancy practice, but also through his successes as a developer, franchisee and Director of the National Basketball League. Some of his accomplishments in business include opening the first Bakers Delight franchise in Cairns and steering the Cairns Central Muffin Break store to the top of the state in sales during his ownership.
As a hands-on business owner, Adrian understands the challenges, both big and small, faced by business owners. With over 25 years in the accounting and financial arena, he has developed long standing relationships with some of Cairns’ leading small businesses. His unique ability to interpret a business’ financial stand point and consider options available to them provides his clients with personalised advice specific to their needs.
Adrian is a Chartered Accountant, Registered Tax Agent, Fellow Chartered Financial Practitioner and has also completed a Masters of Business Administration (MBA) through Deakin University.
