Most people will quite literally earn millions of dollars in their lifetime. Yet many people struggle financially and live from one pay period to the next.

In a lot of situations, hiring a contractor to get a particular job done makes perfect sense. It may require expertise or skills none of your employees has. You may only need someone for a short timeframe to clear a backlog of work. Or maybe you just want to avoid having to go through a formal recruitment process.

Proper forecasting is essential for the long-term success of your business – particularly when it comes to cashflow.

Cashflow is generally cited by the small business owners I work with, as their NUMBER ONE concern. Many are regularly caught unaware by cashflow shortages, a situation which in turn severely restricts their ability to grow their business as they’d like.

The world has changed. Work has changed.

The possibilities provided by cloud and mobile technologies are beyond what most people would even have considered possible just a decade ago.

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?