We all know that our employer has to make super guarantee payments for us, but do you know that there are all sorts of ways to save more into super. It’s important that we think about super while we’re still working unless we never want to retire, you could think of it as a ‘do [...]
If you’re like most people you don’t think there’s enough hours in the day to do everything you want to do. We all have the same 1440 minutes to fill, but some people seem to achieve so much in those minutes than other people. How? They simply use things that make themselves more productive, [...]
The major difference between really successful businesses and unsuccessful businesses is that the business owner and/or the team is prepared to make decisions and take action. It is very easy to be distracted by all the doom and gloom, but really in survival of the fittest it is those who are quick to adapt that [...]
The business world in this millennium is certainly one that is forever changing and in some cases the old tried and tested business models that owners have relied on in the past are just not delivering the growth, profit, customer or staff satisfaction or shareholder returns that they used to. In order to keep on [...]
Whether you’re setting up a business plan for a new business venture or are compiling a business development plan for an existing business it’s important to undertake a SWOT analysis. Part of a SWOT analysis is to minimise weaknesses in a business and one thing that is overlooked is how diverse the business is. An [...]
Many people start a business in order to achieve financial freedom, but instead may end up with less freedom and more stress! Many assumptions can be made before going into business which is why the first question you need to ask yourself is what are you hoping to achieve? Financial freedom can mean totally different [...]
Cash flow is the lifeblood of a business, however all businesses no matter how big or small they are encounter cash flow challenges. According to a report by the Australian Small Business Family Enterprise Ombudsman positive cash flow was cited as among the top three stress points for business operators. Another study by Wakefield Research [...]
If you know that you are going to want to sell your business you need to start having that conversation with your business advisor and/or accountant at least 2-4 years before you want to sell. As it takes on average between 6-12 months to actually sell a business, this allows you plenty of time to [...]
As Australians we are devastated by the sheer volume of destruction that our fire season has already brought to our country. It is refreshing to see the Aussie spirit shining through as well as international support pouring in with donations to help the people affected, our Firies and our wildlife. Many people will be looking [...]
Many of our clients would have received an email offering them the chance to take advantage of our Audit Shield Service. We have had a few questions regarding exactly what audit insurance is and so we’ve compiled a post to answer a number of these questions for you. What is audit activity? Audit activity includes [...]
