As a business owner, do you measure your key metrics to help you understand your numbers to grow your business? It all starts with understanding and defining your critical number. Critical number All businesses have certain numbers that define success. Some figures, like profit, are universal. But what about other numbers? There’s certainly no shortage […]
READ MOREWhat is a Div 7A Loan?
You have a Div 7a loan, but you’re confused as to how, why, and what to do from here. In this this article we attempt to demystify Div 7A loans and explain everything you need to know. What is Div 7A? Division 7A prevents private companies from making tax-free distributions of profits to shareholders or […]
READ MOREWhy are some businesses able to innovate while others canāt?
Identifying and embracing new ideas is a challenge for many businesses, especially those businesses who have not made this a key focus of their culture. This can be a major source of frustration for business leaders who realise that in order for the company to be as successful as it can be, it must be […]
READ MOREWorking ON your businessā¦ not IN your business
Many business owners become frustrated when their advisers don’t understand them or their business as well as they would expect. Whilst many business owner’s goals are similar, from an adviser’s perspective, there is such a wide variety of both long-term and short-term objectives that business owners have. Overlay these with the differences each business owner […]
READ MORE9 Financial Factors to a Successful Business Purchase
You are in the process of buying a business ā what should you look for? Every business is unique and Value is different to different people It is much better to spend your time, some money and energy now than either paying too much or buying a business that doesn’t meet your needs and expectations. […]
READ MOREGreat At Work ā Morten Hansen
Morten Hansenās book Great At Work is based around the deceptively simple question that continues to confound professionals in all sectors of the workforce. Now, after a unique, five-year study of more than 5,000 managers and employees, Morten Hansen reveals the answers in his “Seven Work Smarter Practices” that can be applied by anyone looking […]
READ MOREYour Oxygen Mask First ā Kevin N Lawrence
Kevin N Lawrence a āTell it how it isā kind of guy that has helped hundreds of CEOs and Executives become more stronger worldwide. In the past two decades he has tried an tested every leadership skill set known and has now discovered the best 17 ways to become more successful and resilient as a […]
READ MOREWhat You Do Is Who You Are ā Ben Horowitz
Ben Horowitz, a leading venture capitalist and combines lessons both from history and from modern organizational practice with practical and often surprising advice to help business leaders build cultures that can weather both good and bad times. What I have taken away from this book is that culture is how a company makes decisions. It […]
READ MOREHow can your SMSF borrow to purchase property?
You want to invest in property with your Superannuation Fund? As with any significant purchase, it’s likely you will have to borrow funds to purchase your property. SMSF borrowing involves obtaining a loan from a bank or a related party, and together with the SMSF’s existing funds purchasing a property, either commercial or residential. It’s […]
READ MOREHow to Refresh, Reload, Relaunch your Business post COVID-19
As restrictions start to ease, it is time to plan your pathway out of hibernation and help unleash your potential in the post COVID-19 business world. Refresh, Reload, Relaunch planning Designed to allow you to think critically about your business, the direction you need to take out of hibernation, and the action steps that need to be […]
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