In the first two videos of our tradie series, we covered the fundamentals of Markup vs Margin and calculating the true cost of labour for your trade business. Now, it’s time to apply those insights and build accurate quotes for different types of jobs.

Do you know the actual cost of labour per hour for your employees? It might be more than you think. If you pay an employee for fifty-two weeks of the year, they only work roughly forty-one to forty-two weeks of the year when you factor in time off.

Many businesses quote jobs using a markup percentage, believing it equals their profit margin. But what if I told you this common misconception could be costing your business $45,000 annually?

If you run your business using a discretionary or family trust, one smart move to reduce tax before June 30, 2025, is setting up a bucket company.

Recent talks about proposed tax changes to superannuation balances over $3 million might matter to you. Here’s a breakdown of what’s happening and how it could affect your financial future.

As a property investor, understanding the difference between repairs, maintenance, and capital improvements is crucial, not only to meet your tax obligations but also to maximise your deductions effectively.