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10 Years Experience or 1 Year Repeated 10 Times?
You might have been in business for X number of years but that doesn’t mean you’ve got the same amount of years experience.BUSINESS
Working ‘on’ Versus Working ‘in’
Many small business owners don’t spend the time they should thinking about their business. They spend their time doing the core work of their business.BUSINESS
Cash Rules Part 2: Processes
In the first part of this series, we talked about the differences between short-term cash flow issues and long term profitability, and a big part of that was the role that cash rules play in the financial health of our business.BUSINESS
Cash Rules Part 1: Who Rules Your Cash?
Lyndsay Fox, the billionaire founder of Linfox and one of the richest men in Australia, once said that “Cash to a business is like the blood in our veins. Without it, you’re dead.”BUSINESS
Planning for Retirement as a Business Owner
Many business owners believe that their business IS their retirement and imagine that the proceeds from it’s sale will fund their life after work. As a result they often do not focus on tax planning, investing separately in Superannuation or other investments such as Property.TAX PLANNING