Tradie Year-End Financial Planning Help – Talk to Your Accountant and Get Ready Now
Local Accountants and the new Federal Budget
The Federal Budget announced in May 2015 a number of changes that could impact your trade business.
The Federal Budget announced in May 2015 a number of changes that could impact your trade business.
Unfortunately sometimes it happens. Good honest tradies fail to get paid for a job well done. There are a number of reasons people try to avoid paying you for your work, but today, we will be discussing the best ways to protect yourselves from non-paying customers.
We spoke to some of our experienced contacts working in debt collection agencies in Sydney about how you can protect yourself against non-paying customers. Read more
Whether you want to start a new trade business or you need funds to expand your existing business, small business loans are a necessary part of your journey and growth. You may need money for new equipment, tools, work vehicles or simply to manage your monthly cash flow cycle. Having a good Finance or Mortgage broker by your side that understands tradie business needs is key to helping you achieve your short and long term objectives. Read more
If you are a builder or tradesperson in NSW, the recent changes in the home building laws may impact your compliance obligations as a business operator. These include licence requirements, insurance coverage and even the contract terms and conditions you use each day in your business with clients.
We all tend to do what we can to protect ourselves and our families from the unexpected, but often times insurance is a forgotten element of enjoying that kind of peace of mind. That’s why it’s important to have get tradies sickness and accident insurance.
These modern times present us with many unknowns that make us feel uncertain about our futures. It’s only natural to feel that way. What would you do today if an unforeseen accident happened? How would your family live the quality of life they have become accustomed to? How would your being gone affect your family?
The Home Building Compensation Fund, or HBCF, was formerly known as the Home Warranty Insurance Scheme. When did it change? The name changed on the 15 day of January 2015. It’s important that Sydney builders understand this change in name for home warranty insurance for builders as it does affect them. The concept is designed for homeowners who take on residential construction projects in NSW when they are paying over $20,000 for the building. Read more
Professional tradies have an idea of what they want their brand to represent and reflect. Part of branding your business is in the design elements of your brand, logo, and promotional materials. Professional designers work for printing companies Sydney. They use your concept and bring it to life. Read more
Let’s consider how real magnets work. Regular magnets attract metal to them, making them an attracter of sorts. Why not use an attracter to attract more clients to your tradie business? Promotional magnets can be used to entice and attract new clients using your logo, tagline, and customisations according to your trade and your needs. You might be surprised at how effective this kind of investment in promotional marketing is for local Sydney tradies. Read more
You’ve made the first step and decided to insure your work car. Good move! After all, if your car is damaged or written off, it could cost you some serious money. If you use your car for work, it can mean an additional loss of income.
But now you’ve started getting quotes, things are getting confusing. Should you get a quote based on agreed value or market value? What’s the difference between the two? This decision will be based on a number of things and will depend on your personal circumstances.
One of the major problems tradies face when it comes to getting financing for anything is they don’t fall under the loan applicant standards of conventional loans. Builders finance companies in Sydney that understand, or “get” today’s tradies know the importance of supporting local tradesmen and business. They work with you to find the financing that will fit your situation and needs. That’s why it’s good that there isn’t any one financing solution designed for everyone. Read more