How to reset your business & portfolio for a new financial year
In this Australian Business Podcast episode, Jordan Kidis and Danil Goloubev discuss what they consider the essential items to review to ensure your ongoing business health at the start of a new financial year. They dissect how these items give you the visibility of your business position and understanding where you can make changes to constantly be moving forward with your business.
Topics Covered Today
– Compliance and Tax obligations to meet
– Your Cash Flow Strategy
– Assessing Budgets and Forecasts
– Steps to take for the Financial Year Ahead
Chapters (approximate)
(00:00) Introduction
(03:15) How to do a Business Health Check
(07:00) Tax Deadlines & Compliance Updates
(07:35) Instant Asset Write-off
(11:30) What is a BAS and PAYG?
(13:19) Superannuation
(15:29) Payment Plans
(17:23) Review Your Cash Flow
(26:03) 3 Tips for a Strong Financial Year
If you want to grow a more profitable business and create long-term wealth, subscribe to the Australian Business Podcast on Apple, Spotify, or YouTube
Resources mentioned in this episode:
– Free community
– Book in your Meeting
– Join our Q&A in August
– Ask a question (select the Business podcast)
Rask Resources
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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30:46
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30:46
Accounting 101 – Balance sheets, GST, expenses & bank accounts
In this Australian Business Podcast episode, Jordan Kidis sits down with Daniel Chand of Grey Space Advisory to go through their 101 accounting tips for business owners and small businesses to set you up for success.
Chapters (approximate)
(00:00) Introduction
(03:40) Revenue, Profit & Cash Flow
(07:52) Business Expenses
(09:58) Balance Sheets
(14:09) Profit & Loss Statement
(16:32) GST & BAS
(20:16) Superannuation
(22:26) Separate Bank Account
(23:12) Cash Vs. Accrual Accounting Methods
(25:16) Personal and Business Bank Account
(28:06) Tax Tracking
(31:50) Tax Structuring
(33:07) Limited Liability
Topics covered today:
– Essential Accounting Terms to know
– Setting Up Your Accounting the Right Way
– Tax Tips for Small Businesses
Resources mentioned in this episode:
– Book a free strategy call
– Free community
– Ask a question (select the Business podcast)
Rask Resources
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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36:41
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36:41
How to make your business great – not just good
In this Australian Business Podcast episode, Jordan Kidis and Zara McGuffie discuss the impact of one of the most influential business books of all time: Good to Great by Jim Collins on the Australian Business landscape. This will discuss what separates great companies from the rest and how the principles of this can be applied to smaller businesses to build lasting success.
Topics covered today:
– Breaking free from complacency
– Building winning teams
– How discipline creates momentum
– When to use technology for business growth
– What are Jordan’s key takeaways from leading his business
Resources for this episode
– Free community: https://community.inflection.au/c/say-hello/
– Join our Q&A in March: https://community.inflection.au/c/say-hello/
– Ask a question (select the Business podcast): https://bit.ly/R-quest
Rask Resources
Inflection community: https://community.rask.com.au
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
#business #motivationalshorts
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28:43
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28:43
Betashares founder Alex Vynokur: from zero to $50 billion & beyond
In this episode of The Australian Finance Podcast, your host Owen Rask chats with Alex Vynokur, founder and CEO of Betashares. Together, they explore:
– How Alex started Betashares (mortgaging his home and starting a family)
– Why he believes investing must become easier and more engaging
– How Betashares Direct and tech are democratising access to wealth
– Insights on leadership, culture, superannuation, and financial education
If you like this Australian Finance Podcast episode on the evolution of ETFs and personal finance, you'll love our weekly episodes. Don’t forget to subscribe on Apple, Spotify, YouTube, or wherever you get your podcasts!
Follow us on Instagram and TikTok for more investing insights.
Topics Covered
– The origin story of Betashares
– Challenges and personal risks Alex faced starting out
– How feedback and humility shape product development
– Key product success stories (like NDQ, QUS)
– Lessons learned from mistakes and product changes
– The role of Betashares Direct in long-term investing
– Open architecture & reducing friction for investors
– Why superannuation must evolve & be owned
– Trends in housing, investing & retirement wealth
– Betashares’ cultural values and leadership style
– Financial education as a pillar of growth
Resources for this episode
📄 Learn more about Betashares Direct:
https://www.betashares.com.au/direct
~~ Show partner resources ~~
💰 Join Pearler using code “RASK” for $15 of Pearler Credit – https://bit.ly/Pearler
📊 Get 50% off your first two months using PocketSmith – https://bit.ly/R-PocketSmith
📄 Explore Betashares’ ETFs: https://bit.ly/beta-25
~~ Rask resources ~~
🔗 Explore all Rask services – https://bit.ly/R-services
📋 Learn about Rask Financial Planning – https://bit.ly/R-plan
📈 Start investing with Rask – https://bit.ly/R-invest
📜 Access Show Notes – https://bit.ly/R-notes
❓ Ask a question – just select the Finance Podcast – https://bit.ly/R-quest
📲 Follow us on social media:
Instagram: @rask.invest – https://www.instagram.com/rask.invest/
TikTok: @rask.invest – https://www.tiktok.com/@rask.invest
DISCLAIMER
This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs before acting on it.
If you’re unsure, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance.
The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG) – https://www.rask.com.au/fsg
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43:04
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43:04
Less staff, more tech and happier customers: How @Pilates reinvented fitness
In this Australian Business Podcast episode, your host Zara McGuffie sits down with Tara Jarrett, co-founder of @Pilates, to unpack how their 24/7, tech-driven business model disrupted the fitness industry, with a leaner and highly profitable ROI.
If you like this episode, you’ll love the series. Don’t forget to subscribe for weekly shows on Apple, Spotify, YouTube or wherever you get your podcasts.
Topics covered today:
– The genesis of @Pilates and its unique business model
– How to prioritise technology for a more profitable business
– How tech-driven, instructor-free classes lead to a more personalised experience
– Their left of field launch strategy that drove rapid growth
– How maximising asset utilisation and minimising 'dead time' drives profitability
– Tara's outlook on the future evolution of the fitness industry and technology's role within it
Resources for this episode
– @pilates website
– Meet with Tara
– Ask a question (select the Business podcast)
Rask Resources
Inflection community: https://community.rask.com.au
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
#business #motivation
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Australian Business Podcast is Australia's top business podcast for people building, managing and leading a successful small business in Australia.
Hosted by Zara McGuffie, CEO of Inflection, and Jordan Kidis, co-founder of Grey Space Advisory, whether you're drawing a small business plan on a serviette, have a growing side hustle, you run a business with 10 employees or 100, the Australian Business Podcast will teach you how to grow, manage, market and steer your business to success.
The Australian Business Podcast will help you grow your business faster, take advantage of industry change and opportunities, and identify strategies to make you more profitable.
Hosted by Owen Rask, founder of The Rask Group; plus Jordan Kidis & Danil Goloubev, co-founders at Grey Space Advisory, and Zara McGuffie, CEO of Inflection Marketing. You can take our free business course on Rask by following this link: https://bit.ly/3B9Xekp
Owen's top Australian Business Podcast resources:
Australian Business Podcast - landing page
Ask a question
Inflection community
Free business course
⚠️ General information, tax & legal warning ⚠️
The information in this podcast is general information only. That means, the information does not take into account your objectives, financial situation or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. The Rask Group Pty Ltd is not a licensed tax agent or law firm. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser, tax agent and/or lawyer, who can provide you with personalised advice, tax advice and legal advice. Please read The Rask Group's Terms & Conditions and Financial Services Guide on our website before acting on the information in this podcast.
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