Displaying items by tag: small business

The risks and responsibilities of a small business company director

The frustration for many small business owners is nobody tells you everything you need to know.

The education journey of a small business owner can be a steep one.

A key part of going into business, seems to be an acceptance of ‘always needing to learn something more' and to remember you're usually both the technician and the director of the company - a juggling act that carries more responsibility than many people initially appreciated.

This is especially true about the responsibilities of a business owner and their need to both understand and manage, the natural risks of life and business.

The problem is ignorance of what your responsibilities as a Director are, is no defence.

Published in Blog
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Have you ever thought about running a small business on the side while working your full-time job?

Perhaps you're already part of the new gig-economy and providing work-on-demand services back to your past employer.

For many people, working a side hustle is becoming more and more important in our growing world of temporary contracts and flexible working hours.

While providing flexibility (and promising better work-life harmony), growing a side business also requires a new business owner to learn new skills and new habits, before success arrives.

Here are some common financial mistakes time-poor new business owners can avoid.

Published in Blog

The changing face of work and how it will affect us all

Over the last decades, the world of work has changed dramatically. While the traditional career model of a job for life is fading, self-employment and ‘gig’ working is becoming more commonplace.

The hard reality is while the gig emerging economy promises flexibility, our banking and superannuation systems have not kept up with the changes and now only adds to the new stressors our community of casual workers is facing.

Published in Blog

Get clear on what's at stake when you borrow with others

Understanding 'joint and severally liability loans' and what it means for you.

You might think when you take out a joint mortgage with someone else you’re only responsible for your ‘half’ or share of the loan.

Think again because this is not the case.

  • By signing a mortgage contract with someone else, you’re each agreeing to pay off the whole debt if the other can’t – or won’t – pay it.
Published in Blog

Start your year with The Better Business Book, available now on Kindle too.

100 Business Lessons To Live By

If you’re like me, you probably have 100’s of business and professional self-development books. Some of them you’ve read, some of them you’ve half-read and well, some are hiding under your bed stashed away in the future reading storage box of shame, to read one day. *sigh*

Busy people know sometimes life gets in the way.

Published in Blog

Many business owners don’t know they can insure the cost of their ongoing fixed business expenses, in case they become sick or injured and unable to work.

This can be a better solution than trying to pay your fixed recurring business costs from your own Income Protection benefit if you've become sick or injured and unable to work.

Published in Services

Every family and small business needs to answer this question

This presentation is about the question 'How much risk can I personally hold?'

Published in Slides
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If you're in business with other people you need to be able to answer these 6 questions

This presentation is about the increased risks of having more than one owner (or family member) in a business and the importance of having a business owners agreement in place.

Published in Slides
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Making a more conscious choice about where you spend your money?

You're probably part of todays conscious consumer movement (and the brands they choose to love)

Published in Blog
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Common mistakes with Employer Super Obligations

The Australian Tax Office (ATO) runs education campaigns for business owners in the services industries to help them better understand their super obligations.

These are some of the most common mistakes employers make

Published in Blog

For the majority of small business owners, the bulk of their wealth is often locked up in their business. The business generates their income to pay the rent, pay the mortgage or even the wealth to build the investment portfolio for retirement.

Published in Blog
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