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Managing your money

While increased return on investment and profits are necessary for growth, it’s your accountant’s job to show as few profits on paper as possible to allow you to save on taxes. It’s a good idea to discuss with your accountant how you can legitimately transfer forward some of your operating expenses in order to increase your current profits.

But growth is not just about money – you also have to make major investments in terms of time and effort. You will be required to put in extra personal time, which might take a toll on your social life. An increased workload also means you might need to hire additional manpower. Before you initiate the growth phase for you business, carefully consider all the risks and benefits, and determine whether you have the necessary time, money and resources.

Remember: there is no right or wrong way, but it’s best to seek advice from experts who have industry experience and can guide you through the challenging growth phase. Accountants, lawyers, small business associations and even government publications provide useful information about making the right decisions.

FREE CONFIDENTIAL DISCUSSION
Understanding a person’s financial situation is the first step to resolving their problems and achieving their goals. All new business clients looking to speak face-to-face with an accounting professional are offered an initial consultation at Pluta Accountants with the first hour at no charge. Businesses who wish to take advantage of a confidential discussion are encouraged to call 07 3379 8185 today.

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Contact Us

You can contact us at anytime at the following;

Office Location
858 Oxley Road
CORINDA QLD 4075

Mailing Address
PO BOX 114
MT OMMANEY QLD 4074

Phone: 07 3379 8185
Fax: 07 3379 9845
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