Sorting Out Your Finances After Divorce

The impact of a marriage breakdown can be stressful and financially traumatic for both partners. When you separate, the income that supports one home now has to support two. The separation process can rapidly deplete savings and assets. You can alleviate some of the stress by tackling your top priorities first. Being prepared will helpRead more…

Divorce and Your Business

Going through a divorce is difficult. There is the emotional pressure from a family breakdown along with the stress from dealing with the financial impact of the divorce. If you’re a business owner, you’ll likely be wondering what impact the divorce will have on your business. Whether you run a small business or a largeRead more…

Superannuation – Do You Really Need A Million?

Many of us have a glamourous vision of our retirement. Whether it’s fishing or playing golf every day, or cruising the Mediterranean Sea, the most important question to ask ourselves is exactly how much do we really need to achieve our retirement dreams. A common figure you probably have heard is you need a millionRead more…

Tax Implications of Renting Out Your Home On Airbnb

The sharing economy has provided many new opportunities for everyday Australians to generate extra income. Airbnb is one of the popular online platforms that enable users to rent out their homes for short periods to other members of the community. Many individuals are keen to participate as Airbnb hosts, and they see this as aRead more…

Working in the Gig Economy

The future of work is already changing. The growing trend of the gig economy will continue as many Australians are swapping the traditional 9 to 5 job for a more flexible style of employment. The gig economy refers to a way of working that is based on people getting paid for completing individual projects orRead more…

Starting an Online Business

Many people believe that running an online business is much easier than a physical one. There are plenty of stories of people getting rich fast from an online business with zero inventory, and next to no cost – and this creates unrealistic expectations. Setting up and running a successful e-commerce site takes time and effort.Read more…

Negotiate a Better Lease on Your Commercial Property

Negotiating a fair lease is critical to the success of your business. It is much more than just agreeing on the rental amount you’ll be paying for the next few years. A lease needs to be beneficial to you as a business owner, as well as to the landlord. A well negotiated lease will provideRead more…

Minimising Your Business Operating Costs

Minimising your business overheads is one way to increase the profitability of your business and put more money back into your pocket. A better understanding of your overheads can give you an insight into your business and help you make better decisions. You will be more able to price your products and services appropriately andRead more…

12 Ways to Improve Cash Flow in Your Business

It is essential for business owners to understand what cash flow is, and how to manage it. Profit and cash flow is not the same thing. Some businesses might be profitable yet have poor cash flow because they cannot collect payments from their customers. When there are extended periods of negative cash flow, even profitableRead more…