Lawrence Group

May 16, 2020
What is a self managed super fund vs. a standard superannuation fund

What is a self managed super fund vs. a standard superannuation fund?

Employees automatically have contributions made to their super fund by their employer, but if you’re self-employed that responsibility falls on your own shoulders. In Australia there
May 15, 2020
Profit Margin vs Markup Whats the Difference

Profit Margin vs. Markup: What’s the Difference?

Margin is how much profit you get from a sale. Or in other words: revenue minus cost of goods. It is usually calculated as a percentage
March 13, 2020
What are the Benefits of Financial Planning

What are the Benefits of Financial Planning?

Consider for a moment, if you want to achieve a goal, but don’t think about the practical steps you need to take in order to get
January 16, 2020
Business Accounting Perth | Business Accountant Perth | Lawrence Group

How to set 90 day business plans

It is well known that in order to run a successful business you need to set goals. While annual or five-year goals are very important, they
January 2, 2020
Do you know your superannuation obligations

Do you know your superannuation obligations?

If you employ people in your business, you are obligated to make payments on their behalf into a superannuation fund. Recently, the Australian Taxation Office (ATO)
November 28, 2019

Are you paying a Loyalty Tax

Are you paying a ‘loyalty tax’ with your existing lender? Is it true that banks are offering cheaper rates to new customers compared to long standing
November 1, 2019
Planning For Your Retirement

When Should You Start Planning For Your Retirement?

Small business owners are intensely focused on making their business succeed and sometimes this means re-investing significant amounts of their finances into the business.    While
September 24, 2019
Business Strategies

12 Smart Strategies For Your Business To Stand out In A Saturated Market

Some business owners believe entering a saturated market poses too much risk to successfully turn a profit. But this thinking also fails to take into consideration
September 24, 2019
Accounting Strategies

8 Business Accounting Strategies to Increase Cash Flow

There are numerous moving parts when it comes to operating an effective business. If you’re running a business ensuring you have sufficient cash flow however is
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