Business has unique requirements. You have so many things you need to be aware of. Whether or not you like it the ATO has a large impact the thinking you need to do. First of all you need to be aware that the income you get needs to be apportuned. The ATO gets first bite, then you get to share it with your suppliers, businesses that supply you services and then you get to get some.
You not only do the work to earn the income, you have to make sure that you have an understanding of where your money goes.
When looking at your current position it is important to understand what actions you took that lead you to this position.
The most important thing is to ensure that we do not play the blame game. It is about taking a good look and seeing the real position so that you can make a determination. Understanding that if you continue on the same path you will get the same result, which may not be what you want.
First of all determine :-
what your business really is.
what services you provide.
Attached: the first section of your workbook.