Blog

The Ultimate KPI

There is a whole industry out there engaged in assisting businesses to set Key Performance Indicators as a means of encouraging desired behaviour and alignment with an organisation’s goals and objectives. For me, there is really only one KPI. “Turn up each day ready to work, and do your job”. Now I understand that this…

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What Do I Do? Sometimes

Sometimes I am an investment consultant Sometimes I am a shoulder to cry on Sometimes I am a tax expert Sometimes I am a marriage counsellor Sometimes I am an insurance consultant Sometimes I stand between you and doing something stupid Sometimes I am a superannuation expert Sometimes I am a dream catcher Sometimes I…

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The Aged Care Minefield

My wife and I have both had the unfortunate situation in the last year or so of having to arrange aged care for a parent. We found this to be not only an emotional situation, worrying about the future well being of our loved ones and feeling guilt at the obvious reluctance of our mothers…

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An Exciting Annoucement

The team at ODH Financial Planning have an exciting announcement to make and we are so thrilled to share it with you… As most of you would know, the financial planning business moved out of its location and into a brand new office at Ellen Street Wollongong in November 2013. We are very happy at…

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Illawarra Redundancies – I didn’t think it would happen to me!

Many of our clients, colleagues, friends and acquaintances are impacted by the recent announcement of additional job losses at Port Kembla Steelworks. For some the news comes as no surprise but for many, it’s a case of, “I didn’t think it would happen to me!” For those approaching retirement, this may be a time when…

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End of Financial Year Tips 2015

At this time of year, with the end of financial year just around the corner, we’re often asked by clients what they can do to minimise tax. There are number of key principles to bear in mind when trying to arrange your affairs as tax effectively as possible, and these don’t just apply at year…

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Check your Calendar.

  In most businesses there are two kinds of activity, “Minding” i.e. looking after the work you have, your business, and your existing clients or customers and “Finding” i.e. looking for new customers, new opportunities and ways to grow your business. Its easy to get caught up in the the “busyness” of business. “Parkinson’s Law…

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Why Most Business Plans Are Crap 2 – What To Do About It

In a previous blog, I gave my view that most business plans are crap. In this second article, I explore a simple one page Business Plan, what it should contain and how everything you need could be contained on one page.o let’s have a look at what ought to be in a good one-page business…

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Beware being the problem solver

  I have spent the better part of 40 years solving other people’s problems, it’s in my DNA. In the first part of it, the problems were most likely with the Tax Office or ASIC (probably the Corporate Affairs Commission back then). Later I went on to help people with their businesses, both in terms…

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But its not my fault!

I ran out of gas! I got a flat Tyre! I didn’t have change for a cab fare! I lost my tux at the cleaners! I locked my keys in the car! An old friend came in from out of town! There was an earthquake! A terrible flood! Locusts! IT WASN”T MY FAULT I SWEAR!”…

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