EOFY Pitfalls: 6 Common Mistakes Small Business Owners Should Avoid

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EOFY Pitfalls: 6 Common Mistakes Small Business Owners Should Avoid

As the end of the financial year approaches, it's a prime opportunity for small business owners to reflect, strategise, and set the stage for future growth. While maximising deductions is often top of mind, it's equally important to be aware of common missteps that can hinder your business's financial health. Here's a guide to help you navigate EOFY with confidence and clarity.


EOFY is more than just a compliance checkpoint; it's a strategic moment to assess your business's financial health and plan for the future. By avoiding these common pitfalls and adopting a proactive approach, you can ensure that your business not only meets its obligations but also thrives in the coming year.

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