All of us in business know that it is an activity with an inflated level of risk. There are many external factors which can impact upon the performance of the business over which we have no control. I have written…
Why Do We Go into business? This is a question I ask myself often, particularly during those difficult times (and we all have them don’t we?). On reflection, I’ve actually gone into business three times, each time for different reasons,…
For the first time that I can remember, the Australian Government has delivered a budget which pretty closely matched what they were saying in the lead up. This is a tough budget as budgets in the first year of a…
Many business people will at some time have committed to producing a formal business plan. Some of them will also have a personal financial plan. I advocate that EVERY business person needs 2 plans to adequately cover all of the…
Its really easy in business to lose sight of this important principle. We can fall into the trap of the "fog test" i.e. if the person has the potential to fog a mirror, then they should be a customer. Of…
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…
When the alarm rang at 5:15, I hit “snooze”, which is really unlike me. The attached picture shows the reason for my reluctance.Normally, it's alarm, out of bed, treadmill for half an hour, two cups of coffee and a bowl…