MicroChilli Accounting & Advisory

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MicroChilli Accounting & Advisory We empower you to achieve your goals of freedom & lifestyle. We do this by partnering with you on y

22/10/2026

Comment PAY and I'll send you how I work out an owner's wage. 👇

Sunrise said it this week: small business turnover is up, owners' pay isn't.

I see it in the numbers every month. The business grows, the team gets paid, the suppliers get paid, the ATO gets paid.

The woman who built it belongs on that list too. Near the top.

More revenue doesn't fix that. A plan does.

Start with the number you need to take home. Work backwards to what the business has to charge to pay it.

Then price like you mean it. Your pay is a cost of running the business. Put it on the list first.

30/09/2026

Rates just went up again, to 4.6%.

Anyone can run a business when things are easy. A good leader shows how good they really are when cash is tight.

This week: get a weekly cash flow forecast going, keep the BAS, PAYG and super paid (ATO debt costs more than the bank and the interest isn't deductible), and if you're going to be short, call early.

Comment CASH and I'll send you my free 12-week cash flow planner.

General information only.

29/09/2026

Salons, I get it. From 1 October you can't add a card surcharge, and it's yet another cost landing on small business. Dressed up as a win for customers while the banks still take their fee.

But going back to cash will cost you more.

Nobody carries cash. Your client is sitting in the chair with a phone and no wallet. Make it hard to pay and next time they book somewhere that makes it easy.

The card fee is the cheapest debt collection there is. A card deposit at booking is the cheapest no-show insurance there is.

Build the fee into your prices. Ring your provider and get your rate down. Make paying you the easiest part of the appointment.

Send this to the salon owner who just stuck a cash-only sign on the counter.

General information only.

28/09/2026

Sole trader or company? I ran it on $200,000 profit with every dollar taken home. Through a company, you keep $140,130. As a sole trader, you keep $141,130. A company pays off when you leave profit in to grow, bring in partners or build to sell. And it doesn't automatically protect your personal assets. General information only.

28/09/2026

Sole trader or company? I ran it on $200,000 profit with every dollar taken home. Company owner keeps $140,130. Sole trader keeps $141,130. A company pays off when you leave profit in to grow, bring in partners or build to sell. And it doesn't automatically protect your personal assets. General information only.

27/09/2026

My first reaction to this wasn't "good". It was "I know how tight those margins are".

Both things are true. It's brutal out there for hospitality, and cash wages will still sink you. The ATO doesn't need to be clever. The person you paid cash remembers.

If you've got staff you've been paying off the books because it was easier, fixing it now costs a lot less than fixing it after a visit. This week, not after the knock.

Comment CHECKLIST and I'll send you the ATO visit checklist.

General information only. Footage:

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Melbourne, VIC
3145

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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