Tax Debts to Affect Your Credit Score
Tax debts could soon affect the credit scores of businesses, with the government’s introduction of draft legislation to allow ATO to share debt details of businesses to credit rating agencies. The proposal only applies to businesses that meet certain conditions and...
Destroying Debt with Profit First
We all have debt, don’t we? We all hate debt right? Do we all have good concepts around paying ourselves first and managing debt? Have you been raised with the belief that debt can be a good thing? Haven’t we be raised believing that we need credit to get a good...
How Profit First Changes the Game
We are all in business to make a living, pay our bills and of course to make a profit. Yet every second person I speak to tells me “I haven’t paid myself ever,” “I can’t afford my bills,” “I can’t pay my tax.” But when we sit down and look at their figures using the...