Business Valuations for Succession Planning
Business valuations play a very important part in succession planning for any business. If you overestimate the value of your business then you could reduce the chances of a successful sale, and no one wants to underestimate the value of what is often their most valuable asset. A business valuation also provides valuable insights into […]
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The Value of Financial Advice During COVID
Everyone in Australia has been affected by the COVID-19 pandemic to some degree. With the disruption to our work and social lives, it is one of the most significant challenges many of us have ever faced. But what has it meant for our money and financial wellbeing? The Financial Planning Association of Australia (FPA) recently […]
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Gain Financial Flexibility Through Your Offset Account
For many people reducing their home loan and ‘bad debt’ is a great strategy and something that I highly recommend. Paying off your home loan is a relatively risk-free, tax-free strategy that allows financial freedom and choice in the future. Furthermore, it can create a great platform for future investments, along with taking a lot […]
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Business Continuity Planning: We Must Plan to Succeed, Not Plan to Falter
Looking back, I would be surprised if there are many businesses that believe they were sufficiently well planned for the COVID-19 pandemic. While ‘Business Management and Economics in a Pandemic’ was not an elective I remember studying at University or in the Chartered Accountancy program (I will admit it was a few years ago so […]
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Strategic Planning and Why It’s Important
In a COVID-19 world, your business’s ability to be adaptive and responsive to a changing market is key to your business thriving and not just surviving. The process of adapting and responding to change is strategic planning. This is an ongoing process which enables change to occur when required and is flexible, so as your […]
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Newcastle: Level 1, 56 Hudson Street Hamilton NSW 2303
Singleton: 3/6 Castlereagh Street Singleton NSW 2330
East Gosford: Suite A & B, 78 York Street East Gosford NSW 2250
Postal: PO Box 1050 Hamilton NSW 2303
Newcastle Office (02) 4969 6600
Singleton Office (02) 5542 8165
East Gosford Office (02) 4092 4111
info@lambourne.com.au