Deep strategy work is time-consuming because the marketplace is constantly changing. If you’re looking to effectively relaunch your business right now – time is of the essence so speed trumps precision. Review and define your strategy using these tools, worksheets, and asking yourself key strategic questions. Identifying your Strengths, Weaknesses and Trends will help get […]
READ MORE4 Key Pillars of Business – 2. People
It has been said that your people are the most valuable resource as every element of your business circles back to your people. By understanding and nurturing the human element to your organisation, you’ll be more profitable, lead more effectively, create brand loyalty, close more deals, and produce better work. However, you need to ensure […]
READ MORE4 Key Pillars of Business – 3. Execution
Act Now – you don’t want to look back with regrets to what you didn’t do, or what you didn’t take advantage of We need to adapt to the changes that are happening around us and accept that this will mean mistakes will be made. We need to be willing to fail fast, learn from […]
READ MORE4 Key Pillars of Business – 4. Cash
In order to have the ability to protect and support your company, your employees, and your customers – you need to stay alive. Cash; or access to it, will be the lifeblood you need to do this. For any business to survive, cash flow is undeniably the single most important factor determining its propensity for […]
READ MOREAlternative Tests for JobKeeper Payment
The JobKeeper Payment is an initiative by the Australia Government to help businesses and their staff through the Coronavirus pandemic. The Government has released a series of Alternative Tests for JobKeeper Payment which means more businesses and individuals may now qualify for the subsidy. Businesses can claim $1,500 per fortnight per eligible employee provided they […]
READ MOREJobKeeper Payment – What business owners need to know
The Australian Government has introduced the JobKeeper payment to enable coronavirus effected businesses to retain staff and help them keep their businesses open; and bounce back after the crisis. From 30 March 2020, eligible employers can claim $1,500 per fortnight per eligible employee for 6 months ending 27 September 2020, with the first payments being […]
READ MORECOVID-19 and changes to your SMSF
The Coronavirus crisis has triggered a historical stock market plunge, lowering of interest rates and downward pressure on rent. This translates into massive financial pressure on self-funded retirees during a critical health crisis. The Government’s recent announcements to SMSF minimum drawdown and deeming rules are supporting retirees by potentially putting more money in their pocket […]
READ MOREEarly Release of Superannuation – COVID-19
As a part of the safety net stimulus packages, the government announced that individuals that are adversely effected by coronavirus (COVID-19) can look to an early release of their Superannuation and may be able to access up to $10,000 of their super before 30 June 2020 and another $10,000 from 1 July 2020 until 24 […]
READ MORERent Relief – Properties owned via SMSF
As we all feel the impact of the COVID-19 crisis, we are very fortunate that the Australian government has provided numerous stimulus packages aimed at helping businesses weather this storm. Along with other measures, loan holidays and rental reductions negotiated with banks and landlords will help and provide much needed cash flow. This includes rent […]
READ MORECrypto – Creditable or Kryptonite?
Low interest rates, government instability, flat bank stocks and threatened changes to franking credits have led to SMSF’s starting to look at chasing the higher returns of crypto-currency. So, is cryptocurrency a bubble waiting to burst or is it the future? Is Crypto a currency? The ATO has released several papers on crypto-currency and has […]
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