Exiting Your Business – Are You Planning For This Moment?
Succession planning is a fancy term that accountants and advisors use to describe a process to remove yourself fully or partly from your business. It will happen to every business owner, but succession is rarely planned for and most often a reactive and rushed transaction. While there’s no one-size-fits all approach approach to succession planning […]
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Crypto Craziness (and Tax Time)
The crackdown is well underway as the ATO intends to target 600,000 Aussie taxpayers who have invested in cryptocurrencies and may have omitted CGT events. Crypto joins property and share trading as key CGT areas for the 2021 tax year. As the explosion in crypto investment ramps up and FOMO kicks in, this year alone […]
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Take Action, Make a Plan… a Financial Action Plan
Are concerns about your businesses cash flow keeping you awake at night? Are you unsure how many items, widgets, covers, appointments you need to sell so you can cover your costs? A financial action plan can help in uncovering the answers. Now more than ever understanding the cash flow requirements of your business is critical. […]
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