Recently one of our Directors, Justin McGrath, spoke with Mitchell Dye from 94.7 The Pulse to hear an accounting perspective on starting a small business.

You can listen to the interview, using the link below, which covers some of the intricacies of starting your own business. From “knowing your numbers” to understanding your tax obligations, this discussion is a great insight into what you may need to consider when starting up a new business.

Justin highlights some important aspects for consideration when starting out, but this also serves as a good reminder of the key aspects of business planning which you may want to “check-in” on during the year.

Listen to the interview here.

If you have any questions about starting your own business or would like to know more about managing your new small business, please contact the Davidsons team on 03 5221 6399 or email us at

Disclaimer: this information is of a general nature and should not be viewed as representing financial advice. Users of this information are encouraged to seek further advice if they are unclear as to the meaning of anything contained in this article. Davidsons accepts no responsibility for any loss suffered as a result of any party using or relying on this article.