This week we tackle how to value your business. Every small business owner is building an asset that they can sell at some point but it is often hard to figure out exactly how much it is worth. So this week we tackle some of the ways to value a business. 

This week we discuss the importance of making your business work for your personal goals and the lifestyle you want! 

Today we tackle  complicated topic that many people get wrong, Div 7a. This is when you take money or assets from your company without it being a wage or dividend and can end up costing you a fortune in tax!

Heather Smith the hype girl for cloud accounting apps and host of the Cloud Stories podcast joins us on the podcast today to discuss her experience in building communities! We chat about her history in the accounting industry and how she has been able to build groups such as the Xero Mastermind Group to help fill a need in the community. 

This week we discuss the 2020-2021 budget announcements last night and how they might impact you!

This week Dan and Tim chat with Glenn Kirkwood aka That Referral Guy about the power of referral networks and partnerships. We discuss what to look for in a referral partnership, what you should bring to it and how to start one. 

This week Tim and Dan discuss the budget submission by the CPA and what we think about it. 

This week we chat with Alexi Boyd from Small Biz Matters about who represents small business to government, how to get involved and what you should do to initiate change. 

This week we chat about the legislation that has now passed for Jobkeeper 2.0 and what the changes to the scheme were as well as the ATOs approach to early access to super compliance. 

This week on the podcast Dan and Tim discuss a made up gym they own and how they would run the business from initial set up through to monitoring and improvement.