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,...

Targeting the Digital Economy

It would be fair to say that the Tax Office is not considered the most modern and proactive government agency  They are struggling to keep on top of the changing business world, which has become more global and invisible; online shops (Amazon) with goods...

Business New Years Resolutions

Are you a director in a business or a business owner? Did you make any resolutions for you and the business? At the end of my holiday I got some time alone and time to write up some notes on the business and the way forward. I lost my phone on holidays though not my...

Borrowing in your SMSF

There has been a growing trend of acquiring property (usually residential) in SMSF’s and limited recourse borrowing can in assist in the acquisition; this is a loan that is secured on a single asset (property), where the lender has no right of recovery against...