EOFY Tax Time Tips – Income Protection

You might not know, but the end of financial year is a great time to take out insurance. Particularly if you want to ensure you can still receive an income if you’re injured or fall ill. You see, Income Protection premiums are tax deductible. What is Income...

Do you really know your numbers?

How was business last month, do you know?  Perhaps you respond:  ‘I was busy and there is money in the bank.’ Being busy does not mean PROFIT, positive CASH FLOW or progress.  Business owners need to earn a living at the very least. However,...

Dutch Disease

Dutch Disease is the classic economic model describing two sectors of the economy; one booming (often resources) and the other lagging (not booming) and the effects on the economy: The resource boom increases demand for labour and takes labour and other resources from...

Why Build a Business for Sale…

Most business owners are looking for increased profit this year, next year, growth and at some stage on the journey a better life and work mix! What about selling a business? Here are five reasons why building a sellable business should be your most important goal,...