Search Articles from our Blog By Month
At Sapience Financial, much of our advice involves helping people learn new skills and insights.
- We have a range of individually hand-crafted Blog Articles relevant to our client's needs and lives.
- We also have separate more in-depth Key Articles to help you understand some of the practical details of our specialty products and services in greater depth, specific to the needs of many of our small business clients, friends, and supporters.
Use the blue site Search Button at the top right corner of our site. And if you really want to drill down through our data for something very specific, you can also search by Article Tag here. Alternatively, if you're looking for something in particular, just get in contact here.
Below you can search our archive of Blog Articles by title or date published.
Are you a business owner (or the significant other of a business owner)?
Most business owners are optimistic folks who look forward to a bright future, even under adversity. I suppose they need to have this remarkable ability given the risks they take and the challenges they face.
That said, we have found there are 5 Key risks that all business owners need to be aware of and take action on to protect themselves and their families, from their business.
This simple concept, is often quickly dismissed with the question, 'Why would I ever need to protect myself from my business?"
If you don't know the answer to this question, you definitely need to read this article.
How to split an inheritance without splitting your family
We're all entertained by the stories of contested Wills, Disinherited Heirs and Trust Fund Children who have never worked for a living, amongst the celebrity rich and infamous. It seems you cannot even walk past a supermarket register today, without another Shock, Scandal, and Gold-digger headline prompting you to pick up one of the trashy glossy tabloid magazines.
Sure, creating division among family and friends makes for great Hollywood storylines, but for the rest of us, it's something we actively seek to avoid.
If your relationship has run its course and you're heading for a split, so might your Super too
With Superannuation becoming an increasingly significant asset in the property pool for separating Australian couples, superannuation splitting laws now allow super to be treated like property and divided when a relationship breaks down.
The Australian Family Law Act now recognises Super assets held by a couple as part of the family assets, and as such super can now, be split and divided between the separating parties, (including defacto spouses) as part of a Family Law Court property settlement in three different ways.
Is there a big difference between Small Business Exit plans, and Succession Planning?
Absolutely!
But first, a Personal Note from Drew Browne
When I was first starting out as a new small business owner, it seemed I was forever needing to fend off salespeople who would tell me that their latest sales product, was an essential requirement above all others, for my new small business.
When it came to Succession Planning for Business, I recall a high-pressure salesman feeling very proud of himself when he insisted, "...before you even start a business, you need to have your succession plan in place first to exit the business.
'I still cringe whenever I hear the words, 'succession planning', uttered'.
- What's the backup plan when the business stalls but the Overhead Costs keep coming?
- Who can make decisions for you when you're living with Dementia or a brain injury?
- What's the backup plan for you, if your business partner died tonight?
- Getting more money into your super when selling your family home
- The Average Lifetime Cost of Care for the Top Five Major Health Conditions
- New National Secure Document Storage Service
- The Curse of a Post Office Will Kit
