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Lockwood and Ward
Feb 23, 20242 min read
Should you buy a building for your business?
Tired of paying rent for your commercial premises and considering buying a premises for your business? Owning a building works best if...
Lockwood and Ward
Feb 13, 20244 min read
10 hot questions to ask yourself as a business owner
Running a busy and successful business means you often don’t have the time to step back and work ON the business. This can be a challenge...
Lockwood and Ward
Feb 7, 20242 min read
Key Steps to Ensure Compliance with ASIC's Director's ID Requirements
We have an important message from Australian Business Registry Services (ABRS) regarding director identification numbers (director ID)....
Lockwood and Ward
Jan 25, 20242 min read
Contractor Rules for Medical and Allied Health Practices and Payroll Tax
Payroll tax audits and court cases during 2023 have brought the issue of payroll tax for medical practices into focus. Until recently,...
Lockwood and Ward
Jan 23, 20242 min read
A business budget will help with your financial decision making
Budgeting is about estimating your revenues, projecting your expenses and detailing the allocation of funds, so you stick to (and don’t...
Lockwood and Ward
Jan 18, 20242 min read
Guide to profit and loss
Here's our Plain English guide to profit and loss and what this report reveals about your finances. What is profit and loss? Your profit...
Lockwood and Ward
Jan 18, 20241 min read
Happy New Year
Thank you for your business in 2023. For business owners, the New Year is often the time of year when you reflect on where you are at and...
Lockwood and Ward
Dec 14, 20232 min read
Do you know the rules and entitlements during the end-of-year holiday season?
As we head into the summer holiday period, is your business up to speed with your rights and obligations? It can be confusing to...
Lockwood and Ward
Dec 14, 20232 min read
Holiday cash flow for your small business
Are you heading away for a break from the business this year? This time of year can be hard on small business. Your expenses continue and...
Lockwood and Ward
Dec 14, 20232 min read
Wishing you a safe and enjoyable Christmas (and your tax dates)
We wish you a safe and relaxing Christmas, and an abundant New Year! Thank you for working with us this year — we appreciate you! Below...
Lockwood and Ward
Dec 12, 20232 min read
What makes you a good entrepreneur?
Do you dream about starting our own business? And, can anyone become an entrepreneur? When you look at the research, there are certain...
Lockwood & Ward
Dec 5, 20232 min read
How much should you pay yourself?
Being the boss means you get to make all the big decisions about your business – including how much to pay yourself in wages, salary or...
Lockwood & Ward
Nov 23, 20234 min read
10 hot questions to ask yourself as a business owner
Running a busy and successful business means you often don’t have the time to step back and work ON the business. This can be a challenge...
Lockwood and Ward
Nov 21, 20232 min read
Small Business Instant Asset Write-Off This Financial Year
If your business is eligible, it may benefit you to claim an immediate deduction for business assets bought and used this financial year....
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