Blog
Keep Your Family Wealth in Your Bloodline
Are you aware that if any of your children have a failed relationship, their share of your family wealth could end up going to another family? This is very serious. You work so hard to build up your family assets. But what if any of your children are in a relationship, inherited family wealth […]
6 Reasons Why Businesses Fail and How to Avoid Being Next
Entrepreneurs are exposed to many risks when starting a business; foreclosure is one of the inevitable ones. Today we will go over 6 common pitfalls as to why businesses fail and how you can protect your prized business from being the next one. 1. A staggering 61% is the inability to manage costs – cost […]
5 Year Plan
Having a plan for 2016 and beyond ensures that you arrive at your destination. Be sure to contact the team to develop or revise your 5 year plan by scheduling an appointment. Look forward to seeing all our friendly clients in the New Year. Register for the free webiner here!
Minimise FBT at your Year-End Party
Did you have a great time with family & friends over the holiday season? Don’t want frustrating form-filling for FBT to ruin the holiday? We all like to party, but none of us want to pay Fringe Benefits Tax (FBT) if we don’t have to. So if you, as an employer, had a Christmas party […]
How to Escape the Rat Race
With the introduction of the new development, Success Business Accelerator, we are focusing on helping entrepreneurs increase their outputs by changing the way they approach their inputs. Running your own business should be a balance of work and play so escape the rat race and start doing something today that your future self will thank […]
Increase your Cashflow this Christmas Holiday
With 2015 drawing to an end and the Christmas season coming up, business tends to slow down however you have expenses that do not go on break. Today we will be discussing 5 key ways to boost your cashflow this Christmas. 1. Boost your marketing When companies look for ways to lower expenses, they often […]
Can your business meal expenses be claimed as a deduction?
With Christmas around the corner, taking a client out for a business lunch or providing dinner for your staff is often a grey area in terms of claiming tax deduction. To help business owners determine whether the expense is categorised as tax deductible or entertainment, we have written up a guide to help you work […]
Unlock Your Business Profit – Part Three
Welcome to the last component of our series – 5 Key numbers to unlock your business profit. Today we will discuss working capital days and also introduce Spotlight Reporting. Working Capital Days Profit needs to turn into cash, and that is why we will also be measuring our Working Capital Days. Working capital days is […]
Unlock Your Business Profit – Part Two
This week we will be diving into part two of the Unlock Your Business series. Revenue Revenue, also known as income or sales, is a number that should be monitored ideally on a monthly basis. Similarly to “The One Number”, it is crucial not to just concentrate on revenue but the inputs that composes revenue. […]
Unlock Your Business Profit – Part One
Welcome to the five numbers that all business owners need to know. This series will be separated into 3 segments. The ONE Number and key life indicator Revenue and profit Working capital days and solution Today’s focus will be of identifying a number that represents the business and understanding that your business should be separate […]
More CASH for your DOLLAR!
More Bang for your Buck Start planning NOW to maximise your tax refund next year! We do a lot of tax returns. One thing we constantly hear our clients say is, “I didn’t know I could claim that!” or “I wish I had kept my receipts!” What’s the best way to avoid disappointment at tax […]
Keeping your Business Alive
What’s your strategy to keep cash flowing through your business? There are two ways to improve how you manage your cash flow. The first is working capital management (managing stock, managing suppliers and debt recovery). The second, described here, is using cash flow forecasting. High sales and consistent profits are great aspects to have in […]