Australia’s financial wellbeing
Why it’s a mixed bag Reflecting on your financial position can be tough. And it isn’t always an attractive prospect. It’s not fun to compare your financial situation and come-up short, but the truth is knowing you’re behind (or ahead!) gives you the...
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Debt consolidation as a viable solution for cash flow crisis?
Of the various issues that Australian small and medium businesses face, cash flow remains a dominant one. Research by done by Invoice Market indicates that invoices worth almost $80 billion are outstanding at any given point in time. And that means that...
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Tax issues when changing, selling or closing your business
There are a variety of reasons that might necessitate a change in your business. These may range from changing the structure of your business from sole trader to company or trust to you getting a job offer you simply can’t refuse and deciding you’ve had...
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How prepared are Aussies for retirement?
As in many other parts of the world, Australians are less prepared for a comfortable retirement than they might think. This state of affairs stems from a general confusion (and a bit of malaise too) regarding retirement planning. A survey by CoreData, on...
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Happily ever after – what’s your magic retirement number?
As per the census data of 2016 (they’re always a little bit behind in reporting), 38% of the Australian population is between the ages of 40 and 70 years. What that means is that, those people, if they aren’t already retired – they will be soon (or at...
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Why is asset protection key for small business owners?
As a small business owner, there’s no end to the balls you have to juggle. With so many moving parts in play, it’s easy to get overwhelmed and let something as dull-sounding as asset protection take a back seat. You’ll get to it later. It’s not urgent…...
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10 solutions to a cash flow crunch
Whilst the end of the year can be one of the busiest times of the year for small business owners, many find that January is one of the quietest. And whilst that can mean you (finally) get a chance to get your new years ducks in a row with setting or...
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You made it, now what?
Defining your own personal success in business When you own your own business you’re not just the boss – often you’re the business – especially when you’re just starting or you’re a solopreneur. And those first couple of months/years are great. You set...
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Business Brokers – not always the best way to sell a business
As the year draws to an end, you might be wondering if now is the right time to sell your business. You’ve spent years building up your business. So it might soon be the time to claw that sweat equity back. Maybe 2019-2020 is calling you to do something...
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