Isn’t Twitter a waste of time? Isn’t Facebook for the kids? Not anymore. It’s true that Twitter and Facebook started out with very ‘non-business’ objectives. The founder of Twitter actually did invent it so you could tell everyone you were going to the shop to get some milk; and anyone who has seen the movie …
Read more “Social Media Hype or Substance? Are Twitter and Facebook Relevant to Business Owners?”
Thinking of rewarding your clients, your staff and their families this festive season? Maybe you’re even thinking of rewarding yourself. After all, you’ve accomplished a lot with your business this year, right? Well, the Commissioner of Taxation (a.k.a. Ebenezer Scrooge) is determined to take all the fun out of your gatherings and gift giving with …
Read more “4 steps to avoid getting Scrooged by FBT this Christmas”
Whoever said, “You can never have too much insurance” obviously never had to pay the premiums. Still, there’s no denying the fact you need it to protect your business and its assets. So you probably have building and contents, public liability and public indemnity insurance. But what else should you get cover for? What else …
Read more “Taking Cover: 5 Types of Business Insurance You Should Consider”
There’s a saying in business, “You can go broke making a profit.” And another, “Cash is king. Profit is theory.” As you know only too well, you don’t pay rent, meet payroll or pay your bills with profit. You pay them with cash. A business can make a lot of sales, have a book full …
Read more “Why Every Business—Regardless of Size—Needs a Cash Flow Forecast”
As a business owner, there are plenty of things you need to manage, and two of the most important of these are assets and risks. In other words, building your wealth and protecting your wealth. There’s no point building a lot of wealth if behind the scenes you have things structured in a way that …
Read more “The Most Common Mistake Business Owners Make When Structuring Their Business”