Arrant Accounting Solutions in Ellenbrook, Western Australia, Australia | Financial consultant

Arrant Accounting Solutions

Locality: Ellenbrook, Western Australia, Australia

Phone: +61 8 6296 5410

Address: 60 Mornington Parkway 6069 Ellenbrook, WA, Australia

Website: http://www.arrant.com.au/

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• Business service
• Accountant
• Business consultant
• Financial consultant

25.01.2022 Okay, there probably arent a lot of people who need to be convinced that a shorter workweek is a great idea. Small business owners, however, might be on the list of people who need a little encouraging. After all, every day they take off could mean a longer day to make up for the missed hours. There are some very real benefits to working a shorter week and those benefits arent just about the long weekendsthough who would complain about those? [ 464 more words ] https://arrant.com.au/great-reasons-to-shorten-your-workwe/

25.01.2022 Theres a new way to access online government services. The way you access government services for both business and personal matters is changing this month. myGovID and Relationship Authorisation Manager (RAM) will replace AUSkey at the end of March 2020. Weve detailed what you need to do and when, but please get in touch if you have any questions. What is AUSkey? [ 477 more words ] https://arrant.com.au/auskey-finishes-this-month-heres-wha/

24.01.2022 The holiday season is once again here, and with it comes time to relax, focus on family and friends and take stock in what is really important in life. Unless youre a small business owner. Every small business owner knows that being away from the office can be just as stressful as being in it. Phone calls from employees dealing with a minor crisis will pull your focus from your family, or your Christmas dinner will be taken over by business talk. [ 531 more words ] https://arrant.com.au/tips-for-switching-off-during-the-ho/

24.01.2022 We’ve teamed up with the company that helps with our website and marketing to bring you a free webinar on how to market and sell remotely. They’ve been 100% remote for seven years but have built a global business and they want to share how they did it with you. I’ve attended webinars from them in the past and they are always practical and useful. [ 76 more words ] https://arrant.com.au/how-to-market-and-sell-remotely-free/

24.01.2022 Over the course of a few weeks nearly everyones business and life has been turned upside down. Its been a crazy time with toilet paper shortages, businesses forced to close, an overload of information (and mis-information on social media). With the recent disruption in mind, we wanted to help support small businesses however we can. Weve seen a number of our clients already impacted by the virus and decided to put together some COVID-19 Resources to help you out. Were alw...ays watching the constantly changing situation, especially in relation to government packages for businesses and employees. Well be regularly updating this page to keep you informed, so please feel free to bookmark it. We will work to add more resources for you every week. Take a browse of the resources covering topics such as: Business Advice, Government Help, Latest News and Wellbeing. Please get in touch with us if you have any questions. https://arrant.com.au/covid-19-resources/

23.01.2022 There are some things in life that go together well and others that definitely do not. Business and personal finances are in the category of items that should not be mixed. Although it may seem like a headache to keep them separatewho wants to manage all those bank accounts?your life will be greatly simplified once you separate your personal and your business finances, especially your expenses. [ 539 more words ] https://arrant.com.au/separating-personal-and-business-exp/

23.01.2022 Hopefully you have long and short-term plans for your company and you may even have a strategy for your own development, but have you considered having a personal development plan (or individual development plan) for employees? An employee personal development plan is an action plan that focuses on helping staff improve their knowledge, capabilities, and skills in areas related to your business. [ 515 more words ] https://arrant.com.au/tips-on-creating-personal-developmen/

22.01.2022 Did you know that Australia has over 3.5million small businesses? These small businesses contributes to approximately 1/3 of Australias economic activity - employing millions of Australians. Almost half of our workforce is through the same small businesses. Now is the time to give back to your local community. Arrant Accounting Solutions has supported many small businesses for over 20 years; and will continue to do so for many years to come. We recognise and appreciat...e all those people who have a dream and strive to achieve their goals. These small businesses are vital to our everyday lives. Go Local First is a nationwide campaign being delivered by the Council of Small Business Organisations Australia (COSBOA). Go Local First aims to encourage Australians to choose local small businesses when they are purchasing products and services to help get the sector back on its feet, keep Australians in jobs, and money in local communities. Aussie small businesses have taken a huge hit during the pandemic. Go Local First is about encouraging all Australians to back local businesses by choosing to spend with small businesses, both in store and online. When small business thrives, communities thrive, and Australia thrives. The Go Local First campaign uses social media and online presence to advertise and drive business to local premises. This Government supported branding concept, complete with a downloadable toolkit has been created for small business to benefit from existing branding and advertising such as posters, website links, Facebook, and local directories. You can like, share, or personalise the content to suit your business. Get in on the trend of @golocalfirst (Instagram) and @localfirstAU (Facebook). Stop and think before you do your next shop - especially online - and consider whether you can buy the same product from someone in Australia first! "Alone we can do a little; together we can do so much" [Helen Keller]

22.01.2022 Small business owners already have a difficult and time-consuming job running their business. If their business is open five days a week, they usually need the weekend to catch up on paperwork, pay bills and manage any tasks they didnt get to during the week. For those with a seven-day-a-week business, theres even less time off. They often feel the need to be onsite any time the business is open, to deal with unanticipated issues, help the staff out, and ensure all tasks are completed. [ 487 more words ] https://arrant.com.au/how-to-get-your-life-back-in-a-seven/

22.01.2022 Were sure youre in the same boat as us and are feeling saddened by the impact of the bushfires that have ravaged Australia in the past few months. We are here to help First and foremost, if you have been affected by the bushfires, please feel free to get in touch with us. You may be eligible for emergency grants, loan repayment deferrals or other emergency assistance. [ 148 more words ] https://arrant.com.au/supporting-australians-affected-by-b/

21.01.2022 If your company relies on suppliers in various geographic locations, it’s likely that at some point your business will face a supply chain disruption. Whether that disturbance is caused by a virus, regulatory lockdown, international tensions, changes in local laws or a natural disaster, there will probably be scenarios in which your suppliers or transporters face obstacles that affect your company. [ 498 more words ] https://arrant.com.au/what-to-do-when-your-supply-chain-fa/

20.01.2022 It’s natural for small business owners to think that they won’t be victims of cyber attacks. Most of the news surrounding hacking and data breaches involves large corporations, but that is because that’s where a high number of victims are affected. Hackers may find they have an easier time going after small businesses and start-ups that aren’t prepared for a security breach. [ 545 more words ] https://arrant.com.au/cybersecurity-tips-for-business-owne/

20.01.2022 Accountants have had the load of government measures thrust upon them and are spending long hours deciphering legislative materials with the aim to help their clients survive the tough economic circumstances brought on by the #coronavirus pandemic. http://ow.ly/8VwR50zZrbf

18.01.2022 In the lean, early years of running a business that crucial time when most startups need capital qualifying for a loan can be difficult. Step one is to build a solid credit rating, so a lender feels confident your company isnt a high risk for repayment and can say yes to your application. Once youve established a positive credit score, the perfect time to take out a business loan might, in fact, be sooner than you think. [ 482 more words ] https://arrant.com.au/is-it-the-right-time-to-take-out-a-b/

18.01.2022 As a small business owner, youre likely concerned about every penny you spend. Thats a good thing, because you need to keep track of your income and expenses. It also means, however, that you might be less likely to hire people who can help your business. People like bookkeepers, who are great investments for any small business. So what does a bookkeeper do? [ 498 more words ] https://arrant.com.au/why-hiring-a-bookkeeper-is-a-great-i/

17.01.2022 All business owners need to be aware of their break-even point that is, the number of units they need to sell in order to cover their operating costs. Once youve reached your break-even point, its time to celebrate: your business is no longer in the red, and you are officially earning a profit. This article will show you how to calculate your break-even point so you can make wise business decisions that support greater growth. [ 463 more words ] https://arrant.com.au/do-you-know-your-break-even-point/

16.01.2022 With Christmas fast approaching, gift cards are a staple for both businesses and consumers alike. New rules are now in place for gift cards sold on or after 1 November 2019 as a result of an amendment to the Australian Consumer Law (ACL). The new legislation aims to protect consumers who purchase and use gift cards. Approximately 34 million gift cards, with a market value of around $2.5 billion, are purchased by Australian consumers each year. [ 443 more words ] https://arrant.com.au/changes-to-rules-around-gift-cards/

16.01.2022 If youre a small business owner whose company hasnt gone through hard times, thats great but its likely to happen at some point. As much as we dream about being brilliant enough at business that well never face slow times, there are many things beyond our control that can negatively affect our business. Here are four tips for getting your business through difficult periods so you can look forward to many more years of business ownership. [ 483 more words ] https://arrant.com.au/4-tips-for-getting-your-business-thr/

16.01.2022 Definitely has been a 'hell of a ride'... not quite over for us yet, but we are feeling slightly more grounded in the last few days.

16.01.2022 8th April 2020 Rental waivers and deferrals for commercial tenants Prime Minister Scott Morrison announced some new measures for landlords and tenants yesterday (Tuesday 7th April). The new mandatory code will apply to tenancies where the tenant or landlord is eligible for the JobKeeper program, which means those that are in financial distress. This code was described to include good-faith principles where landlords must not terminate the lease or draw on a tenants security and likewise, tenants must honour their lease. [ 484 more words ] https://arrant.com.au/covid-19-updates-you-should-know/

15.01.2022 Depending on the current state of your finances, financial freedom might seem a long way away. For many people, financial freedomwhen you dont have to worry about how to pay the bills and your money is invested and making money for youis a far off dream. What they dont understand is how close financial planning can get them to that dream. [ 544 more words ] https://arrant.com.au/creating-a-financial-plan/

15.01.2022 With the operations and processes we already have in place, we can continue supporting our clients with little to no disruption. I have some useful links for those that are concerned with meeting their financial obligations over the coming weeks. Please see below /...Continue reading

15.01.2022 The start of a business partnership is an amazing time. Generally speaking, both people are invested financially, emotionally and professionally in the business. It may be stressful to start a business but doing so with a partner gives you someone to share the responsibility and workload with. When you and your partner collaborate and work well together, a partnership can be incredibly fulfilling. [ 537 more words ] https://arrant.com.au/what-to-do-when-a-business-partnersh/

14.01.2022 Its natural for small business owners to think that they wont be victims of cyber attacks. Most of the news surrounding hacking and data breaches involves large corporations, but that is because thats where a high number of victims are affected. Hackers may find they have an easier time going after small businesses and start-ups that arent prepared for a security breach. [ 545 more words ] https://arrant.com.au/cybersecurity-tips-for-business-owne/

13.01.2022 Business Planning for 2020 Its hard to believe but the year is almost over! If youre like us were currently working on our 2020 business plan (writing 2020 might get a bit of getting used to!) A lot of our clients are doing the same at this time of year think about their business and their strategy for the year ahead. [ 46 more words ] https://arrant.com.au/want-to-chat-about-business-plans-fo/

11.01.2022 For many small business owners, hiring workers on a flexible basis is ideal especially if paying regular salaries isnt in the budget and/or the workload is variable. Depending on where you live and operate your business, you need to be aware of the rules when it comes to paying your casual workers. These guidelines can help you get started with understanding how to calculate a fair hourly rate for casual staff. [ 420 more words ] https://arrant.com.au/how-to-set-an-hourly-rate-for-casual/

11.01.2022 The key performance indicators (KPIs) for one company will invariably be different from the KPIs of another firm. What both hypothetical companies share however, is the challenge of selecting which KPIs are best suited for measuring the goals and progress of their particular business model. Indeed, entrepreneurs have a vast array of reports and data sets from which to choose and select from, but that data needs to target those specific areas that are most critical to answering the questions that managers need to make cogent business decisions. [ 470 more words ] https://arrant.com.au/using-kpis-to-monitor-and-improve-bu/

10.01.2022 The COVID-19 pandemic has proven challenging for many small business owners. Its difficult to run your business remotely, especially if youre not set up to do so. If you run a business that requires customers or clients to come to you, you might be very concerned about how you can continue to operate without opening your premises. If you have access to technology, are adaptable, and are willing to look into financial assistance, you can make it through this pandemic. [ 546 more words ] https://arrant.com.au/ways-to-run-your-business-if-you-can/

10.01.2022 There’s a new way to access online government services. The way you access government services for both business and personal matters is changing this month. myGovID and Relationship Authorisation Manager (RAM) will replace AUSkey at the end of March 2020. We’ve detailed what you need to do and when, but please get in touch if you have any questions. What is AUSkey? [ 477 more words ] https://arrant.com.au/auskey-finishes-this-month-heres-wha/

09.01.2022 Over the course of a few weeks nearly everyone's business and life has been turned upside down. It’s been a crazy time with toilet paper shortages, businesses forced to close, an overload of information (and mis-information on social media). With the recent disruption in mind, we wanted to help support small businesses however we can. We’ve seen a number of our clients already impacted by the virus and decided to put together some COVID-19 Resources to help you out. We’re alw...ays watching the constantly changing situation, especially in relation to government packages for businesses and employees. We’ll be regularly updating this page to keep you informed, so please feel free to bookmark it. We will work to add more resources for you every week. Take a browse of the resources covering topics such as: Business Advice, Government Help, Latest News and Wellbeing. Please get in touch with us if you have any questions. https://arrant.com.au/covid-19-resources/

09.01.2022 Over the course of a few weeks nearly everyone's business and life has been turned upside down. Its been a crazy time with toilet paper shortages, businesses forced to close, an overload of information (and mis-information on social media). With the recent disruption in mind, we wanted to help support small businesses however we can. Weve seen a number of our clients already impacted by the virus and decided to put together some COVID-19 Resources to help you out. Were alw...ays watching the constantly changing situation, especially in relation to government packages for businesses and employees. Well be regularly updating this page to keep you informed, so please feel free to bookmark it. We will work to add more resources for you every week. Take a browse of the resources covering topics such as: Business Advice, Government Help, Latest News and Wellbeing. Please get in touch with us if you have any questions. https://arrant.com.au/covid-19-resources/

09.01.2022 When you own a small business, its vital you understand how money flows into and out of it. At a basic level, you need to know where your income comes from and what your expenses are. At a deeper level, knowing how money moves through your business can help you make strategic decisions about growth, invoicing, and debt management. The consequences of not understanding money can be drasticpoor financial management is one of the main reasons businesses fail. [ 549 more words ] https://arrant.com.au/the-number-1-thing-you-need-to-know-/

08.01.2022 Definitely has been a hell of a ride... not quite over for us yet, but we are feeling slightly more grounded in the last few days.

08.01.2022 The COVID-19 pandemic has proven challenging for many small business owners. It’s difficult to run your business remotely, especially if you’re not set up to do so. If you run a business that requires customers or clients to come to you, you might be very concerned about how you can continue to operate without opening your premises. If you have access to technology, are adaptable, and are willing to look into financial assistance, you can make it through this pandemic. [ 546 more words ] https://arrant.com.au/ways-to-run-your-business-if-you-can/

07.01.2022 Weve teamed up with the company that helps with our website and marketing to bring you a free webinar on how to market and sell remotely. Theyve been 100% remote for seven years but have built a global business and they want to share how they did it with you. Ive attended webinars from them in the past and they are always practical and useful. [ 76 more words ] https://arrant.com.au/how-to-market-and-sell-remotely-free/

05.01.2022 Running a small business is hard work. Entrepreneurs know they have to put in long days and give up personal time in pursuit of success. Theres a line, however, between putting in some extra time and becoming addicted to work, and its important to know the difference between them. Being addicted to worksometimes referred to as being a workaholiccan have serious negative consequences for your personal life and your health. [ 577 more words ] https://arrant.com.au/three-signs-youre-addicted-to-work/

04.01.2022 The ATO has just released Alternative Tests for the JobKeeper payment which expands eligibility from the initial basic test. This is good news for many businesses, particularly startups, those affected by last years droughts and those with variable revenues. Basic Test If you satisfy the eligibility requirements for the basic test, you can ignore the alternative tests below. The basic test [ 729 more words ] https://arrant.com.au/jobkeeper-eligibility-tests/

03.01.2022 The Taxable payments annual report (TPAR) was introduced in the 2012/2013 financial year for businesses in the building and construction industry and from the 1 July 2018 has expanded to include a wider variety of contractors. TPAR is designed to improve compliance with reporting requirements. Data matching detects contractors who have failed to lodge tax returns or disclose their income. The TPAR details payments that are made to contractors for providing services. [ 286 more words ] https://arrant.com.au/taxable-payment-annual-reports-tpar-/

03.01.2022 The performance review has become a rite of passage in the business world, yet many managers and employees fail to make the most of the opportunities these important discussions can provide. When used properly, the annual review process can provide managers with real insight into everything from employee perception of the company to ways to make the firm better and more profitable. [ 448 more words ] https://arrant.com.au/tips-for-writing-effective-performan/

03.01.2022 If your company relies on suppliers in various geographic locations, its likely that at some point your business will face a supply chain disruption. Whether that disturbance is caused by a virus, regulatory lockdown, international tensions, changes in local laws or a natural disaster, there will probably be scenarios in which your suppliers or transporters face obstacles that affect your company. [ 498 more words ] https://arrant.com.au/what-to-do-when-your-supply-chain-fa/

03.01.2022 The future of your family business may seem like a problem for tomorrow or sometime next decade, but forward-thinking business owners know they need to plan for the future today. The steps you take now to prepare your company for the next generation will go a long way to determining how successful it remains after you retire. Its tempting to think that things will automatically work out for the bestespecially where family businesses are concernedbut that rarely happens without planning. [ 484 more words ] https://arrant.com.au/easy-steps-to-prepare-your-family-bu/

02.01.2022 When you run your own trade business, your life involves a lot of long days being on job sites while managing projects, staff and clients. There probably are not enough hours in the week for you to deal with all the issues that arise while keeping your customers happy, and taking time out of your schedule to manage your business is probably the last thing you want to do. [ 475 more words ] https://arrant.com.au/technology-toolbox-for-trades/

01.01.2022 As a small business owner, youre likely always looking for ways to achieve more. Maybe you made a New Years resolution about it. You might have resolved to make more money, find more clients, or grow your business. Its fantastic to have an idea of what you want to do, but how will you know whether or not youre successful? [ 543 more words ] https://arrant.com.au/using-smart-goals-to-achieve-more/