Money Talk

Michael Youssef

Michael Youssef

Recent Posts

KPIs - How they work and why they're important!

Posted by Michael Youssef on Jan 2, 2020 9:00:00 AM

You may think Key Performance Indicators (KPIs) are tools used only by the biggest businesses, however even the smallest business can benefit from implementing even some basic KPIs into their business. In fact, the way you manage your team, you may already have a few KPIs in place without even realising it.

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Topics: small business, revenue, marketing, sales, business success, contractors, employees, processes, systems, mindset, Success

Think the ATO won’t come after you? Think again!

Posted by Michael Youssef on Dec 19, 2019 10:45:00 AM

Small businesses beware! 10,000 small businesses are set to be targeted by the ATO as part of their ongoing crackdown on the Black Economy. This is an increase from the 9,000 businesses targeted last year. So it's now more important then ever to make sure you're doing the right thing and getting the right advice!

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Topics: business, tax, small business, accountant, accounting, customer service, risk, processes, systems, ATO, Success

What it actually costs you to DIY

Posted by Michael Youssef on Dec 12, 2019 12:00:00 PM

We live in a truly exciting age! With so much information at our fingertips, we're almost instant professionals. If you don't know something google it, or go to YouTube. With that much information available to us it makes sense to Do it Yourself right?

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Topics: bookkeeping, accountant, accounting, cloud accounting, accounting software, processes, bookkeeper, systems, Success

Why did you go into Business? - Part 2

Posted by Michael Youssef on Nov 28, 2019 10:45:00 AM

In a nutshell, all businesses exist to solve problems. Why people engage with a business is because the business owner can achieve the desired result faster than the customer could achieve it themselves. 

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Topics: business, small business, new business, business growth, business structure, business success, business mistakes, mindset, Success

Why did you go into Business? - Part 1

Posted by Michael Youssef on Nov 26, 2019 11:41:00 AM

Its amazing how many times I’ve sat down with somebody and I ask, why did you go into business? And all I get are blank stares and no clear-cut responses. It’s rare that I get an answer with such conviction that it shows me why they started their business. Some of the more common responses I get are:

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Topics: business, owner, small business, new business, business growth, business success, business mistakes, mindset, Success

I’ve got my business structure, now what?

Posted by Michael Youssef on Nov 5, 2019 2:00:00 PM

Whether you have your structure or not, the next thing to do is sit down with your accountant and solicitor to get advice on what to do next. 

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Topics: finance, business, tax, owner, small business, new business, gettingstarted, sole trader, partnership, business structure, company

Optimizing Your Website for Local Searches

Posted by Michael Youssef on Sep 26, 2019 10:02:00 AM

Local search engine optimization (SEO) is an important part of any online marketing strategy for traditional businesses which service a specific geographical area.

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Topics: business, small business, business growth, marketing, sales, business success, SEO

What to do if you get Audited

Posted by Michael Youssef on Aug 15, 2019 5:57:35 PM

No business owner looks forward to a letter from the taxman requesting a closer look at the books. If you’ve received an audit letter – an official request by the tax authority to review your accounts and confirm your taxes have been paid to date – don’t panic. Prepare.

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Topics: business, tax, small business, accountant, accounting, business success, business mistakes, risk