Sole Trader

Cash flow management for sole traders

Cash flow - Sole traders

In business, good cash flow management is critical to success. When you are a sole trader, poor cash flow management can land you in trouble quickly. It’s stressful and can bring creditors knocking at your door demanding payment. At Teamwork Accounting we want to equip sole traders with the tools and insights to effectively manage … Continue Reading

Must a sole trader register for GST?

Payment for goods purchased

In this guide, we will help sole traders understand their obligations and guide them on whether they need to register for GST or not. A sole trader is a type of business structure in which a single individual owns and operates the business. This is a common structure choice for tradies, hairdressers, photographers and other … Continue Reading