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Your step-by-step guide to setting up an SMSF
Are you worried that your hard-earned money is not working hard enough for you? That your dream of your golden years spent on the golf course or with loved ones on the beach is fading fast?
Continue ReadingA trap that causes many businesses to go broke, while they’re making a profit
There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory.”
Continue ReadingHope for the best, plan for the worst: Why a business succession plan is essential
While everyone wants their businesses to be successful and operate for a long time, you may not necessarily want to remain at the helm.
Continue ReadingBusiness owners: 5 types of insurance you might be overlooking
Whoever said, “You can never have too much insurance†obviously never had to pay the premiums. Still, there’s no denying the fact you need it to protect your business and its assets.
Continue ReadingSmart ways to ease yourself into retirement, pay less tax and boost your super
Two things first up: (1) If you want to (or have to) work past the age of 55, you need to read this article; or (2) If you know someone else who that applies to, please forward them this article or a link to it.
Continue ReadingEnd of Year Newsletter
System overhauls for secure data + The Government issues ban on ESST + Extra conditions for CGT concessions + Renewing your lease + Planning for the holiday rush + Staff Christmas Parties and more...
Continue ReadingGet It Done. Get It Read. Get Ahead.
Success in business requires a number of essential ingredients. A sound strategy. A robust business model. Effective planning. Strong financial control and bookkeeping. A good team. Great systems. Measurement. Focus. But you know what? Even all those elements are not enough without this skill: Execution.
Continue Reading10 factors that affect the value of your business
Thinking of selling? Or just curious to know the value of your business in case you do decide to put it on the market at some point? Many business owners are well-wide of the mark when placing a value on their prized asset. They overvalue it and under-prepare for their exit, believing in a huge potential for their business that buyers unfortunately don’t see.
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