The Benefits of Having a Self Managed Super Fund

The Benefits of Having a Self Managed Super Fund

A Self-Managed Super Fund (SMSF) allows you to establish a Trust which holds your superannuation contributions for the sole purpose of your retirement.  You have absolute control over where the funds are invested.   However, unless you are savvy or a...
5 Money Management Tips for Small Business Owners

5 Money Management Tips for Small Business Owners

Have a Budget.  When we were younger, and some folks still do this, we wrote on the back of an envelope the amount of money we wanted to save and placed money into the different envelopes for certain expenses like bills, savings, gifts, and holidays.  As we...
5 Ways to Make Your Business More Profitable

5 Ways to Make Your Business More Profitable

A business makes a profit if the revenue is more than your expenses.  For a business to be ‘more profitable’ either revenue has to go up, or expenses come down.  1. How do you track your business performance? Can you easily obtain your business...
3 Ways to Kickstart the Financial Year

3 Ways to Kickstart the Financial Year

1. Get Organised Get your last financial year tax return information compiled, completed and lodged.  Whilst we recommend not rushing in the first few weeks of July, it is possible to compile your documents (in an electronic format) and to review your bank...