For the last 15 years I have been working with business owners to help them grow, adapt and succeed.
Having given advice to a vast number of private family businesses across a variety of industries, I have come to realise that most business owners simply just don’t know enough about their numbers, especially the critical ones...
The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst the changes was legislation which will remove tax concessions for transition to retirement pensions (TTRs) and bring them closer to their purpose of providing income to members as they transition to retirement.
A reduction in concessional contribution caps, the lowering of the Division 293 tax threshold, introduction of a cap on tax-free assets in retirement phase and a lifetime limit for non-concessional contributions are just some of the changes that were announced in this year’s Budget to impact superannuation. These changes may impact your SMSF and retirement planning and require you to review your existing strategies or formulate new ones...
Technology is revolutionising how accountants and businesses alike operate. The major driver of this change is cloud accounting. Cloud accounting allows a company to access their accounting records from an offsite provider via the internet, rather than company-owned and maintained hardware and software.
Nobody can build a business alone, whether it’s a start up or a well-established business, having access to high-quality advice can enhance an organisation’s chances of success.
The best advice we can give our clients for managing business challenges and planning for future growth and success is to look to establish an advisory board.