Financial recovery starts with active engagement
With the impact of COVID probably still weighing heavily on your shoulders (and your wallet) – especially for those living south of the border - you’ve likely had to make some tough choices when it comes to your budget. What to keep, what to lose, as well as trying to...
Your superannuation – what to think about before you make changes.
The Pandemic has given rise to a great deal of change recently, and you may have particularly seen this reflected in your superannuation. It’s been bumpy to say the least. Stock markets have plummeted and then rallied and in parts rebounded quicker than expected other...
Succession planning in times of crisis
According to Price Waterhouse Coopers (PWC), prior to Covid, almost 1.5 million business owners were due to retire in the next decade. And whilst some of those will be looking to sell their business, many will want to hand the reins of that business over to a new...
Surviving a cash flow crisis
Since its inception, nearly 900,000 businesses have applied for JobKeeper - highlighting the importance of getting through a cash flow crisis for business owners and employees alike. If you do the maths, it turns out that around 40% of all Australian businesses...
Insolvent trading – what you need to know
The world has suddenly been plunged into a whole new chapter when it comes to owning a business. Some of the old rules don’t seem to apply – especially when the government can mandate an almost instant closure of your business. This week we’re now starting to hear...
Superannuation review – does your business need to do one?
With so many businesses being in the papers in the last year or so for mis-paying their staff members, we thought it might be a good time to look at something you might have missed - superannuation. Changes to salary sacrifice superannuation for employers On January...
Things to think about before starting a business
And well before you quit your job Ah February, the time of the year when life and business mostly returns to business as usual. However, have you returned from the Summer break (bushfires not withstanding), only to find that you have that niggling feeling that maybe...
Making sure you get paid
Last blog post was about being prepared for the worst – in terms of estate planning for yourself and your family. This post, we wanted to address protection and preparedness from a business perspective – in other words – how to ensure your invoices get paid –...
Getting your estate planning in order for 2020
Best be prepared! Happy New Year! It’s been a bit of a wild start to the year with all the bushfires. But all the warnings to prepare your home and family to either stay and defend or leave early got me thinking about the decisions we make before disaster comes to...
