Essential tax strategies for growing your business
In this Australian Business Podcast episode, Jordan Kidis and Danil Goloubev of Grey Space Advisory discuss their essential tax strategies. These strategies are tailored for those businesses turning over $500k-$2m, and how to sustain a healthy business growth.
Topics covered today:
Best Business Structures Now and in the Future
Liability protections
Expense Method Comparison
Optimising Superannuation
The Instant Asset Write-Off Scheme
Resources mentioned in this episode:
Free community: https://community.inflection.au/c/say-hello/
Join our Q&A in March: https://community.inflection.au/c/say-hello/
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Rask Resources
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Invest with us: https://bit.ly/R-invest
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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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42:12
Freelance or Fraud - Is this the ultimate self employment catfish?
In this episode of The Australian Business Podcast, host Gemma Mitchell is joined by Zara McGuffie from The Australian Business Podcast to tackle a question on many Australians’ minds: how do you bring in more income?
This episode was originally featured on The Australian Finance Podcast.
One business model that seems to be on the rise (again) is multi-level marketing, also known as network marketing or direct marketing.
They promise freedom, flexibility, and uncapped income from your phone. But is it really about building your business – or just building theirs?
We dig into the world of MLMs and so-called ‘business opportunities’ that sell the dream of self-employment, but often leave people out of pocket and pressured.
We unpack:
• Why MLMs are so appealing (and who they target)
• What makes them feel legitimate – even when they’re not
• The real cost of chasing passive income promises
• What to look for – and how to approach opportunities with eyes wide open
• Other income streams that might actually suit you better
• How to increase your income using your existing skills
• How to tell the difference between a genuine side hustle and a self-employment catfish
If you’ve ever been tempted to ‘be your own boss’ and start something new – this is a must-listen.
Resources for this episode
Pre order Gemma's book here The Money Reset: Take Control of Your Money and Your Life : Mitchell, Gemma: Amazon.com.au: Books
Ask a question (select the Finance podcast): https://bit.ly/R-quest
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~~ 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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44:42
Google Ads part 2: A guide for Australian businesses
This is a follow-up episode of Google Ads 101 on The Australian Business Podcast. In this episode, Zara McGuffie sits down with Jordan Kidis to go beyond the basics of Google Ads, honing in on the key elements that drive campaign success.
Topics covered today:
Essential Google Ads metrics
Different keyword strategies for your campaigns
How to save you money and improve targeting
Resources mentioned in this episode:
Free Google Ads Audit
Free community
Ask a question (select the Business podcast)
Our outsourcing partner: Flexisource IT
________________________
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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27:40
Google Ads part 1: A guide for Australian businesses
Considering Google Ads for your business but not sure where to start? In this episode of The Australian Business Podcast, Zara McGuffie sits down with Jordan Kidis to break down the basics of the Google Ads platform, helping you understand if it's the right marketing strategy for you.
We explore the types of businesses that typically see success with Google Ads, the signs that indicate it's time to invest in paid advertising, and introduce you to powerful research tools.
Topics covered today:
What is Google Ads
What businesses thrive on Google Ads
When it’s time to invest in paid advertising
Key research tools to identify trends
How to set budgets and expectations
Resources mentioned in this episode:
Google Trends
Google Ads
Free Google Ads Audit
Free community
Ask a question (select the Business podcast)
Our outsourcing partner: Flexisource IT
________________________
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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30:23
Finance freedom for Aussie businesses: 10 money tips
In this Australian Business Podcast episode, Zara McGuffie sits down with Jordan Kidis and discuss 10 crucial finance tips every Aussie business owner needs to know. This episode is your go-to guide for mastering Australian business finance, covering everything from cash flow management and tax compliance to financial forecasting and pricing strategies for sustainable growth in the Australian market.
Topics covered today:
Bank account best practices
Key financial metrics
The importance of breaking even
Building safeguards to protect yourself and your business
Best practice tools to use in your business.
Resources mentioned in this episode:
Our outsourcing partner: Flexisource IT
Have a call with Jordan
Free community
Join our Q&A in March
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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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.