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Whether you’re a startup, looking to grow a business, maintain a business or exit one, the Elevate team are always here to help. Learn more about business with each and every news update!

  • Business News

Aussie small business owners reveal “biggest concerns” ahead of upcoming election

Global small business platform Xero has revealed the biggest concerns of Australian small business owners in the lead...
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  • Business News

2022-23 WA Budget

WA's budget announcement has revealed a $5.7 billion operating surplus for the state for the 2021-22 year, highlighting...
  • Business News
  • Succession Planning
  • Tax

Tax time 2021-22: Tax Planning PART 3

The final in this three part series looks at the big picture tax strategies and what is coming...
  • Business News
  • Tax

Tax time 2021-22: Tax Planning PART 2

Part two of this three-part series explains temporary full expensing and superannuation strategies for the 2021-22 tax time....
  • Business News
  • Tax

Tax time 2021-22: Tax Planning PART 1

In this three-part series we will be reviewing tax planning and future longer-term strategies for your company as...
  • Business News
  • Managing a Business
  • Start-Up Advice
  • Starting a Business

Director ID’s now mandatory

Director identification numbers (director ID's) are mandatory for all new company directors across Australia from today. In a...
  • Business News
  • Tax

Budget 2022: Breakdowns and the big wins

Small business owners, tax payers, new parents and apprentices are the big winners out of the 2022-23 budget...
  • Business News
  • Tax

$800 million small business recovery package: the breakdown

As part of the 2022-23 Budget, the Government has announced a package of measures to slash red tape...
  • Business News

WA Investment Attraction Fund opens

Expressions of interest are now open for the recently launched Investment Attraction Fund, designed to attract new investment...
  • Business News

Small Business Hardship Grant announced

A new COVID-19 Business Assistance Package has been announced for Western Australian small businesses. The Level 2 Small...
  • Business News

Rental relief for WA small business in new assistance package

A Tenant Rental Relief scheme is included in the new COVID-19 Business Assistance Package announced for Western Australian...
  • Business News

National sales growth slows as financial impact of Omicron spread revealed

Seasonal spending and an extended summer holidays could not save the financial damage the rapid spread of Omicron...
  • Business News
  • Superannuation

Temporary full expensing extended for small business as part of new bill

The Federal government has announced the extension of temporary deduction and tax incentives as part of a new...
  • Business News
  • Managing a Business

WA Government announces $77 million Safe Transition Industry Support Package

The WA Government has launched a $77 million Safe Transition Industry Support Package to assist eligible businesses and...
  • Business News
  • Tax

Tips to help with your BAS during COVID

Like many small businesses that continue to be affected by COVID, you may be having trouble meeting your...
  • Business News
  • Managing a Business

Accounting for e-commerce businesses

Is your business model one that strongly relies on e-commerce? As a direct impact of Covid-19 and the...
  • Cash Flow
  • Managing a Business
  • Starting a Business

Managing your business cash flow

When managing your business cash flow, ask yourself: Does profit in business equate to successful cash flow management?...
  • Business News
  • Tax

Behind in your lodgment obligations?

The Australian Tax Office (ATO) has issued a reminder to businesses behind in their lodgments or payments –...
  • Business News
  • Managing a Business

COVID-19 Business Update

As Western Australia braces to open its borders to the rest of the country, a close eye has...
  • Board Advisory
  • Business News
  • Start-Up Advice
  • Starting a Business
  • Structuring

Starting a new business in 2022?

A new year brings with it new opportunities – and this includes starting a new business venture. When...
  • Business Planning
  • Managing a Business

New Year Accounting Resolutions for your business

The New Year is the perfect time to reflect on your business over the past 12 months and...
  • Business News

Government extends SME Recovery Loan Scheme

The Federal government has extended the SME Recovery Loan Scheme by a further six months, running through to...
  • Business News

Festive Shopping: Retailers set for busy in-store rush

A post lockdown festive shopping spree is gracing the shops across Australia as the country jumps off the...
  • Business News

Success at the 30 Under 30 Awards

Elevate Accounting Manager Damian Cocking has been recognised at the Accountants Daily 30 Under 30 Awards, winning the...
  • Business News

Modest “Bounceback” in small business as restrictions ease

October data has revealed an immediate effect of easing restrictions across Australia, with the Xero Small Business Index...
  • Increase Business Value
  • Managing a Business

Regional accounting services for WA businesses

Local business is the heart and soul of regional WA, where deals are done on a handshake and...
  • Business News
  • Managing a Business

Has your business fallen victim to invoice fraud?

Did you know? Almost one in five small businesses in Australia have fallen victim to invoice fraud. According...
  • Business News

Maximise profits this Christmas

The Australian Retailers Association has predicted a huge spend in the stores this Christmas, anticipating an 11.3% increase...
  • Business News
  • Managing a Business

Covid 19 vaccinations – obligations and rights in the workplace

Australia continues to make major steps forward in re-opening our country and living the “new normal” way of...
  • Business News
  • Managing a Business

Government sets Director ID deadline

Current company directors have until 30 November 2022 to apply for their Director identification number as part of...
  • Exiting a Business

Streamlining the sale of your business

The sale of a business can be a daunting and stressful time for any owner. Unlike many other...
  • Business News
  • Tax

Cryptocurrency – investment or personal asset?

Are you dabbling in Cryptocurrency? Or are you a serious investor? Either way, Cryptocurrency is treated as a...
  • Superannuation

Time to start re-contributing your super?

Did you withdraw a portion of your super as part of the Covid-19 early release super program? From...
  • Business News

WA bucks the trend in job growth for July

As Australia continues to reveal the signs of a Covid-19 impacted economy, WA small business bucked the trend,...
  • Business News
  • Managing a Business

Spring Clean your business financials

Spring season has arrived and so has the perfect time to look at the business To Do list...
  • Financing a Business
  • Start-Up Advice

Building a business? Raise capital through Crowdfunding

Whether it’s a start-up business or an opportunity for expansion, Crowdfunding can be a successful and innovative form...
  • Exiting a Business
  • Succession Planning

Business succession planning – the questions you need to ask

A business is one of the single largest investments we make in a lifetime. Over the years and...
  • Managing a Business

Be “Business Ready” for a lockdown

With the continued uncertainty across Australia, lockdowns and border closures have become a common theme of our new...
  • Financing a Business

Raising capital means selling the dream

With many small businesses the opportunity for growth and sustainability in the market is halted by the hand...
  • Cloud Business Systems
  • Managing a Business

Cloud solutions streamline accounting for business

We often have heard the term “cloud”, or “cloud-based systems” referenced in the business space without much context...
  • Business News

Working from Home? Remember to keep your records

The ATO has been encouraged to look at reinstating the “working-from-home” temporary shortcut method (which ended on June...
  • Business News

Lifestyle assets in the ATO spotlight this tax time

Thinking the ATO won’t look at your new car or mega boat this tax time? Think again. The...
  • Business News

Was your WA small business affected by the last state lockdown?

You could be eligible for a Lockdown Assistance grant. The WA government has announced another round of financial...
  • Managing a Business

Pandemic recovery on track for small business

May proved to be a month of growth for the small business sector, with job security, sales growth...
  • Business News

Success at the 2021 National Accounting Awards

The Elevate Accounting team has been recognised for its excellence across the entire accounting industry, taking out the...
  • Financing a Business

The SME Recovery Loan Scheme

The Government’s SME Recovery Loan Scheme is expected to support the economic recovery and to provide continued assistance...
  • Financing a Business

Business Event Grants

The Business Event Grants is a program that was established by the Australian Government and funded with an...
  • Board Advisory
  • Managing a Business

JobMaker Hiring Credit

The Australian Government has established the JobMaker Hiring Credit program with an allocated budget of $4 billion by...
  • Financing a Business

Tax Incentives for Early Stage Investors

The Early Stage Innovation Company (“ESIC”) rules were introduced in July 2016 as a means of incentivizing investment...
  • Managing a Business

Federal Budget 2020-2021

Last night, on 6 October 2020, The Australian Federal budget was released, Treasurer Josh Frydenberg says that this...
  • Exiting a Business
  • Sale Of Business

Demystifying the Business Sale Process

Homeowners know how to sell their house. Art collectors know how to sell their art. Business owner’s know...
  • Managing a Business

Single Touch Payroll

Single Touch Payroll (“STP”) is a reporting change for employers. It starts from 1 July 2018 for employers with 20 or more...
  • Accounting

Finalists in the Australian Accounting Awards

We are excited to share that Elevate Accounting has been shortlisted for the prestigious Accountants Daily Australian Accounting...
  • Starting a Business
  • Structuring

Protecting your IP

The life of an entrepreneur is tough. Amongst all the challenges in developing an idea, building a team,...
  • Cash Flow
  • Growing a Business

Don’t Assume all Businesses are Cash Flow Positive

It goes without saying that businesses need cash flow to survive. We would then assume that most businesses...
  • Cloud Business Systems
  • Managing a Business

Managing Projects for Professional Services

We work with many businesses in the professional services sector – architects, builders, design agencies and consultants. A...
  • Accounting
  • Managing a Business

Profit on Construction Contracts

We work with a large number of construction businesses and we always find major variations in the treatment...
  • Managing a Business
  • Tax

The Art of Tax Planning

The tax year ends on 30 June. Once this date has passed the tax outcome for the year...
  • Bookkeeping
  • Managing a Business

Don’t process supplier invoices manually – it’s a waste of your time!

Businesses lose money every year in unclaimed expenses, such as misplaced receipts, but now you can stop these...
  • Exiting a Business
  • Succession Planning

Passing the business to the kids sounds great, but it has its problems…

Multi-generational businesses are great news stories, however, they are few and far between. Passing a business down from...
  • Exiting a Business
  • Increase Business Value

The Valuation Multiple

Businesses are generally valued using the Future Maintainable Earnings approach, whereby the maintainable profit (EBITDA, EBIT, NPBT or...
  • Business Planning
  • Growing a Business

The One Page Business Plan

Traditionally a business plan has been a lengthy and all-encompassing document. Though there is a place for comprehensive...
  • Start-Up Advice
  • Starting a Business

Customer Acquisition Costs – What is CAC?

The biggest challenge for start-ups, scale-ups or mature businesses is to find new customers. New customers inject fresh...
  • Board Advisory
  • Starting a Business

The Power of a Network

It is unfortunate that sometimes the best product doesn’t win. The old adage of “it’s not what you...
  • CFO Services
  • Growing a Business

Managing Cash Flow When Times Are Tough

Many businesses experience periods of cash flow shortage. When times are difficult and cash flow is tight, businesses...