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...

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...