What Smart Business Owners Are Doing Right Now

Welcome back to The CEO Breakdown with John Saade.In this episode, John breaks down the fallout from the Federal Budget, the panic online, and what he is actually doing as a CEO to prepare for the current economic environment.John covers cash flow, collecting debtors, cutting costs, staff productivity, work from home expectations, leadership planning, outsourcing, tax planning before 30 June, CGT changes, Australia’s tax system, ATO fines, property market fears, business exits, cafes under pressure, and whether Australians should really leave the country because of tax.He also responds to social media commentary and viewer questions around 47% CGT, negative gearing, property affordability, tax compliance, carried forward rental losses, foregone wages, Sydney property prices, and whether Australia is still worth betting on.If you have a question for John, leave it in the comments and we may answer it in the next episode.Need an accountant or just want to chat about your business?GET A FREE CONSULTATION FOR ALL ABN HOLDERS 👉 https://forms.zohopublic.com/john205/form/GENERALENQUIRYFORM/formperma/VYEBrsCV_ompEVvnkA0eygWlJxXO5OajFsjjngf_jzwStop guessing with your taxes. Whether you are a sole trader or a company, let’s get your strategy sorted before the ATO sends that scary letter.OUR SERVICES 👉 https://latitudeaccountants.com.au/accounting-services/For any business enquiries, reach out to:[email protected] usTikTok: https://www.tiktok.com/@latitudeaccountantsInstagram: https://www.instagram.com/latitudeaccountantsWebsite: https://latitudeaccountants.com.au/Videos reviewed in this episode:Simon KennedyMaje SabaSimon BeardPivotal ConversationsMatt CameronDaily Telegraph article on ATO compliance activityProperty market correction articleOriginal audio and video content belongs to the respective creators. This episode includes commentary and discussion for educational and informational purposes.Disclaimer: This video is for general information and educational purposes only. It does not constitute formal accounting, tax, business or financial advice. The Budget measures discussed may be proposed, subject to change, or not yet law. Please speak to your accountant about your specific circumstances.