The Holistic Accountant
A holistic accountant goes beyond tax returns, aiming to offer proactive advice to maximise clients' wealth after all taxes. Stuart Wemyss and Mena Abraham explore multifaceted considerations weekly, highlighting the need for a holistic approach. Each episode is succinct and to the point with no fluff or sales pitches. For further details, check out www.prosolution.com.au.
The Holistic Accountant
When should you start employing staff?
In this episode, Mena and Stuart discuss when a small business should start employing staff I.e., what to consider, including:
- Why delaying employing staff so that you can optimise your systems and process is often the best approach
- Employing staff puts you on the hook to do the hard (unstructured) work
- Cash flow considerations
- Whether to hire part-time, full-time, contractors and/or offshore staff
- Tax and accounting obligations e.g., super, Workcover, PAYG, etc.
To find out more about our holistic accounting firm, ProSolution Private Clients, click here: https://www.prosolution.com.au/
Connect with Mena on LinkedIn: https://www.linkedin.com/in/mena-abraham-99635579/
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Work with Mena & Stuart's team: At ProSolution Private Clients we encourage clients to adopt a holistic and evidence-based approach when making financial decisions. Visit our website.
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IMPORTANT: This podcast provides general information about finance, taxes, and credit. This means that the content does not consider your specific objectives, financial situation, or needs. It is crucial for you to assess whether the information is suitable for your circumstances before taking any actions based on it. If you find yourself uncertain about the relevance or your specific needs, it is advisable to seek advice from a licensed and trustworthy professional.
