The Small Business Podcast

In this episode of The Small Business Podcast, Dan and Andy simplify the three essential financial reports every small business owner needs to understand—the Balance Sheet, Profit & Loss Statement, and Cash Flow Statement. We’ll cover: The Balance Sheet : what it reveals about your business's financial health. Profit & Loss (P&L) : how to measure profitability accurately. Cash Flow Statement : why cash flow differs from profit and how to manage it. Whether you’re a seasoned entrepreneur or just starting your business journey, this episode will give you clarity and confidence in handling your business finances. 📌 New episodes every week - subscribe for more real talk and actionable tips for small business owners. #SmallBusiness #Cashflow #Profit #BalanceSheet Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Small Business Podcast , Dan and Andy break down the fundamentals of cash flow — what it is, why it matters, and how to manage it effectively. We’ll cover: The difference between cash flow and profit (and why it matters) Common traps like late payments and seasonal slowdowns How to negotiate smarter terms with clients and suppliers Simple tools and forecasting tips to help you plan ahead Quick wins to boost your cash flow immediately Whether you’re just starting out or already running your business, this episode is packed with practical strategies to help you stay afloat and grow sustainably. 📌 New episodes every week – subscribe for more real talk and simple advice for small business owners. #Cashflow #Smallbusiness #Profit Hosted on Acast. See acast.com/privacy for more information.

Episode 6: Understanding Types of Tax for Small Businesses (GST, Income Tax, PAYG) In this episode of The Small Business Podcast , Dan and Andy break down the key taxes every Aussie business owner needs to know — GST, Income Tax, PAYG Instalments, and PAYG Withheld. They unpack how each tax works, when it applies, and share real-world tips to avoid costly mistakes. Whether you're just starting out or need a refresher, this 25-minute guide will help you feel more confident about managing tax. 👉 Learn the difference between sales tax and profit tax 👉 Understand how to manage PAYG and BAS reporting 👉 Hear common pitfalls (and how to avoid them) Hosted on Acast. See acast.com/privacy for more information.

Thinking about starting a business? Or maybe you’ve already launched and want to make sure you’ve got the foundations right? In this episode, Dan and Andy walk through a practical 4-step guide for starting a small to medium business the right way: Set clear short, medium, and long-term goals Understand your market, pricing, and profit margins Use the right tech tools from day one Set realistic expectations—and prepare for the unexpected We’re keeping it real, sharing our own startup lessons, and giving you the structure you need without all the fluff. 🎧 Listen now on Spotify, Apple Podcasts, or YouTube 📩 Got questions about starting your business? Message us or tag us! Hosted on Acast. See acast.com/privacy for more information.

Starting a business is more than just paying for a logo and some office space. It’s the little costs that add up and the unexpected hits that catch you off guard. In this episode, we break down everything from startup costs and ongoing expenses to those surprise fees that can sneak up when you least expect them. We also share tips on how to budget for downtime, handle cash flow gaps, and why having a solid emergency fund can be a game-changer. Whether you’re just getting started or already in the thick of it, this episode will help you plan smarter, avoid common financial headaches, and set your business up for long-term success. 🎧 Listen now and get the full picture before you dive in. Hosted on Acast. See acast.com/privacy for more information.

Thinking of buying a car, ute, or van for your small business? Before you commit, watch this video to understand the key tax and financial considerations every Australian small business owner should know. In this video, we break down: How Fringe Benefits Tax (FBT) applies to business vehicles Claiming GST on vehicle purchases Depreciation and instant asset write-offs Different finance options Common mistakes to avoid when buying a business vehicle Whether you’re a sole trader, company, or trust, this guide will help you make an informed decision and avoid costly tax surprises. Hosted on Acast. See acast.com/privacy for more information.

In this episode, we dive into the different ways you can structure a business in Australia — from sole traders to partnerships, trusts, companies, and even mixed structures. We break down the pros, cons, tax considerations, and give practical examples to help you choose the setup that suits your goals and protects your future. Hosted on Acast. See acast.com/privacy for more information.

Dive into the ultimate beginner’s guide for launching a successful small business in Australia. In this video, you'll learn everything from the essentials of business registration and choosing the right structure to navigating the legal and regulatory requirements unique to the Australian market. In future episodes you will hear real-life success stories from local entrepreneurs who have turned their dreams into thriving ventures, and gain insider tips to help you overcome challenges and make your business stand out. Join us on this exciting journey as we provide the practical advice and inspiration you need to start your small business adventure Down Under. Don't forget to subscribe for more expert insights, and let us know your thoughts in the comments! Hosted on Acast. See acast.com/privacy for more information.