You own the company. Your company owns the car.

So surely transferring that car into your personal name is just a matter of changing the rego?

Not quite.

In this video, Nathan breaks down a practical example of what can happen when a company-owned motor vehicle is transferred to a director, shareholder or other related party.

We cover:

🚗 Why you need to establish the vehicle's market value
💰 What could happen with GST
📊 How the vehicle's written-down value can affect the company
🧾 Potential company tax consequences
🚘 Stamp duty and transfer costs
💸 What happens if you don't actually pay the company for the car
⚠️ When Division 7A could enter the picture
📆 How interest and repayments could increase the cost over time

The biggest lesson?

Don't transfer the vehicle first and ask your accountant about the tax consequences afterwards.

Work out what the transaction could actually cost before you make the move.

👉 Need help understanding your business structure or tax position? Visit https://ngraccounting.com.au

#CompanyCar #Div7A #BusinessTax #GST #SmallBusinessAustralia #Accounting #BusinessOwner

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

Think You're Too Small to Get Hacked?

Think again.

In this episode of The Profit Generator Show, Nathan Rigney sits down with Chris Luker from e-Flo to discuss why small businesses are often the easiest targets for cybercriminals, how AI is changing the business landscape, and the practical steps every business owner can take to protect their business.

They cover:

✅ Why hackers target small businesses
✅ The true cost of a cyber attaåck
✅ How cybersecurity impacts your reputation and client trust
✅ The right and wrong way to use AI in your business
✅ Why free AI tools can create hidden risks
✅ Cyber insurance and what business owners need to know
✅ The importance of backups, staff training and multi-factor authentication
✅ How outsourcing IT can improve efficiency and profitability

If you're a business owner, professional service provider, consultant or adviser, this conversation will help you better understand the risks, opportunities and efficiencies that technology brings to your business.

Connect with Chris Luker & e-Flo

🌐 www.e-flo.com.au

e-Flo helps businesses with IT support, cybersecurity, cloud solutions, backups and proactive technology management so business owners can focus on what they do best.

Connect with Nathan Rigney

🌐 www.ngraccounting.com.au

Nathan Rigney is an accountant, business adviser, Profit First Professional and founder of NGR Accounting and The Profit Generator Show.

Nathan works with business owners to improve profitability, strengthen cash flow and build businesses that create freedom, not frustration.

👍 If you enjoyed this episode, please like, subscribe and share it with another business owner.

#TheProfitGeneratorShow #NathanRigney #eFlo #CyberSecurity #SmallBusiness #BusinessGrowth #ProfitFirst #ArtificialIntelligence #BusinessAdvice #BusinessOwner #AustralianBusiness #ITSupport #CyberInsurance

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

The Federal Budget has landed… and there’s a LOT business owners and investors need to understand.

Over the past week, I’ve been breaking down the biggest Budget announcements across a series of reels - so we’ve stitched them all together into one longer-form video to help you understand what this could actually mean for you moving forward.

In this video, we cover:
✔️ Capital Gains Tax changes
✔️ Negative gearing updates
✔️ Family trust changes
✔️ Instant asset write-offs
✔️ Property investing impacts
✔️ Business tax implications
✔️ What small business owners should be paying attention to now

Some of these proposed changes could have a major impact on:

• investors
• business owners
• family structures
• property decisions
• future tax planning

But remember - not everything has passed legislation yet, and every situation is different.

The biggest mistake you can make right now is making emotional decisions based on headlines instead of getting proper advice and understanding your numbers.

If you have questions about how these changes may affect your business, investments or structure, reach out to the team.

Because we actually give a shit.

👇 Let me know in the comments:
Do you think these Budget changes help or hurt small businesses in Australia?

#Budget2026 #SmallBusiness #Tax #NegativeGearing #CapitalGainsTax #BusinessAdvice #AustralianBusiness #PropertyInvestment #Accounting #ProfitFirst #TheProfitGenerator

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

Are restaurants really a “mugs game”?

Or are most hospitality businesses just missing the systems required to make money?

In this episode of the Profit Generator Podcast, Nathan sits down with hospitality consultant Steven Mulligan from Number Krunchers to unpack why so many cafés, pubs and restaurants struggle with profitability, even when they’re busy.

If you’re in hospitality (or thinking about opening a venue), this conversation could save you years of stress.

We cover:

• Why oversized menus destroy margins
• How overstocking quietly kills cash flow
• The truth about supplier negotiations
• Why front-of-house staff are salespeople (not just plate carriers)
• How to increase spend per head
• The importance of menu engineering
• Why business ownership is different from being a great chef
• How systems turn hospitality from chaos into profit

Hospitality moves fast.
Money comes in quickly and disappears just as fast.

The difference between struggling venues and profitable ones?

Clarity. Structure. Systems.

If you’re working insane hours and still wondering where the profit is going, this episode is for you.

Connect with Steven Mulligan (Number Krunchers):
https://numberkrunchers.com.au/

Need help with accounting, cash flow and building proper financial systems around your business?
Get in touch with NGR Accounting:
www.ngraccounting.com.au

Hospitality isn’t broken.
It’s just under-managed.

Watch now and start running a business, not a mugs game.

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

In this episode of The Profit Generator Show, I sit down with Mike Michalowicz (author of Profit First and The Money Habit) to break down what really separates winners from everyone else.

We unpack:

The “learning loop” that keeps entrepreneurs stuck

Why rejection is better than regret

The identity shift from technician to shareholder

Why fear can drive you, but meaning sustains you

How to stop preparing and start launching

If you’re a business owner who feels stuck, frustrated, or constantly “not ready yet”… this episode is for you.

📘 Check out Mike’s work:
MikeMotorbike.com
Search “Becoming Self-Made” on YouTube

If you want help implementing Profit First or building real financial foundations in your business, get in touch with us at NGR Accounting.

Stop preparing. Start building.

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

Your photos are doing more marketing than you think.

In this episode of The Profit Generator Show, Nathan Rigney sits down with photographer and marketer Sophie Brown (Sophie B Photography) to unpack why photography isn’t just a “nice-to-have” - it’s a core part of your marketing, branding, and sales strategy.

They explore why so many businesses invest heavily in websites, ads, and content, only to undermine it all with poor-quality visuals - and how authentic, professional imagery builds trust faster than any sales pitch.

You’ll learn:

Why photography is a foundation of marketing, not a finishing touch

The real difference between “having a good camera” and knowing how to use it

When phone photography works - and when it absolutely doesn’t

Why being real beats polished in 2026

How showing behind the scenes builds credibility and connection

The hidden cost of cheap or inconsistent visuals

This conversation is especially relevant for business owners who want their brand to look credible, human, and aligned with the value they actually deliver.

If you’ve ever said:

“I hate being on camera”

“Photos aren’t that important”

“We’ll fix that later”

This episode will challenge the way you think about visibility and trust.

Connect with Sophie B:
Sophie B Photography
https://www.sophieb.com.au

Need help stepping back and looking at your business strategy, cash flow, or whether your marketing spend is actually delivering a return?
Get in touch with Nathan and the NGR Accounting team.

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

If the money you’re spending on marketing isn’t coming back to the business, it’s not working.

In this episode, Nathan Rigney sits down with marketing strategist Melissa J. Scott from Divine Creative Agency, to cut through the hype and talk about what actually drives results in marketing - and why so many businesses feel burned after spending thousands on ads, content, and “the next big thing”.

We cover:

• Why marketing without strategy fails
• The biggest mistakes business owners make with ads and content
• Why connection still beats clever tactics and AI
• How to think about marketing as an investment, not an expense

If you’ve ever wondered why your marketing isn’t delivering a return, this conversation will help you rethink how you approach it.

👉 Want help reviewing your business strategy and numbers?
Get in touch with Nathan at www.ngraccounting.com.au
Or Melissa at www.divinecreative.com.au

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.

Hiring shouldn’t feel like a gamble - but for many business owners, it does.

In this episode, Nathan Rigney (The Profit Generator) sits down with Bill Corbett, Talent Acquisition Lead for Australia & New Zealand at Stanley Black & Decker, to break down what actually goes wrong in hiring - and how to fix it.

This is a straight-talking conversation about:

• Why most businesses hire backwards
• Recruitment vs talent acquisition (and why it matters)
• Hiring junior vs experienced staff - the real trade-offs
• Why reference checks often tell you nothing
• When paying a recruiter actually makes sense
• How to think about hiring as an investment, not a cost

If you’re a business owner planning to hire in 2026 - or you’re tired of bad hiring decisions - this episode will change how you think about building a team.

👉 Listen now and learn how to hire with clarity, confidence, and purpose.

This podcast provides general information only and is not intended as personal financial advice. The information presented here does not take into account your individual financial situation, investment objectives, or particular needs. You should consult with a qualified financial advisor before making any financial decisions based on the information in this post. The author and website owner are not liable for any actions taken based on this general advice.