COVID-19 has financially impacted most businesses in some shape or form and many business owners are feeling the after shocks in their personal finances. As you begin your business recovery and address ongoing business continuity strategies, it’s important to make a dedicated effort to building and protecting your own personal wealth too.
If you’re dissatisfied with your industry or retail fund or it’s just time to re-evaluate your superannuation strategy, you might be considering a self-managed super fund (SMSF). While a SMSF may offer greater control of your retirement savings and more flexibility when it comes to investment options – including property – they also come with…
As a business owner, it’s likely you have spent many years building a solid business, but perhaps you have shown less discipline when it comes to paying yourself a regular salary, contributing to super and investing for your future. If you are considering building personal wealth for your life beyond business ownership, we can help.…
If you want to make the most of tax efficiencies or avoid an unexpected tax bill you might need to change the way you think about tax – Tax planning should start in July. Business owners commonly pay more tax than they need to by leaving their tax planning until the last minute. You can…
There is a worrying trend when it comes to Australian business owners planning for their retirement and personal financial future beyond life as a business owner.