Archive for October 2018

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.

The 2016 Budget saw some changes announced by the Government which are now in place, with key reforms coming into effect from 1 July 2017.

These are the BIGGEST changes to happen in Superannuation for over a decade, and they will have an impact for decades to come.

Two things first up: (1) If you want to (or have to) work past the age of 55, you need to read this article; or (2) If you know someone else who that applies to, please forward them this article or a link to it.

They’ll thank you for it.

Larger businesses have a Chief Financial Officer (CFO) of staff. But what can small and medium sized businesses do in this regard?

“You need to work on your business, not just in your business.”

They say only two things are certain in life: death and taxes. For a lot of people, there’s also a third certainty in life: the pain of keeping track of every receipt when it’s time to do the taxes.

If someone gave you the opportunity to attend a meeting where thousands of your prospects were also present, you’d be silly not to take them up on the offer…right?

As much as you try to share skills, knowledge and information in your company, you probably have some people who are key to your business’ success.

Industry news:
From 15 October 2018, a private company will be able to raise capital from the public.

The Senate passed the Corporations Amendment (Crowd Sourced Funding for Proprietary Companies) Bill 2017 on 12th September 2018.

Making regular deposits into an investment fund can provide you with significant benefits.

By making small regular deposits rather than one large lump sum deposit, you can reduce the vulnerability of your investment to market fluctuations. For example, if you commit to investing $1,000 a month in January. With a unit price of $1.00, your first instalment purchases 1,000 units. The next month, you invest another $1,000 but this time the unit price has risen to $1.10, buying you 909 units. This is illustrated in the table below.