SMSF Tips: When is a Self-Managed Super Fund the right choice?
Is an SMSF right for you? Here are 6 pros and 5 cons to consider before setting up a Self-Managed Super Fund
Is an SMSF right for you? Here are 6 pros and 5 cons to consider before setting up a Self-Managed Super Fund
It’s no secret that a slowdown or contraction in economic activities happens from time to time. Many business owners reading this will have experienced the Global Financial Crisis and/or the COVID-19 outbreak. If you still have a business, you clearly […]
Managing your finances, savings and investments is more complex today than ever. Financial planning is crucial, but how do you choose a financial planner?
Remember Walkmans? And later, portable CD music players? And VHS video players? And fax machines? These were all once considered the very latest in technology but are now obsolete. Times sure change. And do you know what else will soon […]
Any business that isn’t planning for the future is planning to get left behind. While most business owners know that budgeting is a critical part of their planning, there is some confusion about which components should be included in a […]
Still using spreadsheets for rosters, timesheets, and payroll? The administrative load involved in efficiently rostering staff, preparing accurate timesheets, and ensuring that everyone is paid correctly can be a huge burden on a small business – especially if you are […]
When Benjamin Franklin said that the only things certain in life were “death and taxes” most people didn’t consider that they may be closely linked. But problems with taxes can lead to the death of your small business unless you […]
When a prospective client asks you for a quote, it’s a powerful opportunity to make a sale. In fact, with the right response you may be able to ‘seal the deal’ almost immediately. But if you take your time to […]
The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst the changes was legislation which will remove tax concessions for transition to retirement pensions (TTRs) and bring them closer to their purpose of providing […]
Debtors and late-payers—the bane of every business owner. No matter how profitable your business is, it won’t survive without good cash flow. If you can’t pay your bills on time, you may end up trading while insolvent. And that’s not […]
