Business lessons from the movie “The Founder”

Like many people I don’t mind the movies, now days with a young family this often means Friday or Saturday night catching up on watching a DVD or now days by renting via the internet. A movie I had been meaning to watch for a while was The Founder. This is the story of Ray […] Read More

Thinking of Selling Your Business? 10 Things You Should Not Do!

While every business sale transaction is different, after being involved in many business sales and purchases, I have noticed a few common pitfalls and traps for the owner/seller. Whether your exit is imminent or 10+ years from now, here are a few to watch out for on your path forward, a list of what not […] Read More

Sacred Cows

Having recently read an article on Sacred Cows I thought it worthwhile sharing. The article began with a story about a US Army General watching his UK equivalent arrange the firing of a large cannon. The US General noticed the British used one extra soldier in this process. When questioned, the British General responded that […] Read More

Elder Abuse – Can you Recognise the Signs?

The Elder Abuse Prevention Centre, based in Queensland, defines elder financial abuse (EFA) as the illegal or improper use of a person’s finances or property by another person with whom they have a relationship implying trust. This is the most common type of elder abuse, with studies in Australia indicating that up to five per […] Read More

Going broke – some statistics and some reasons…

The following draws upon an article from Worrells, (a firm devoted to dealing with insolvencies both before and after the event) and personal experience. Are economic conditions to blame? The September quarter of Australian Financial Security Authority (AFSA) personal insolvency statistics are out, and the trends of 2017 continue. Total personal insolvencies are up by […] Read More

Time to get your head in the cloud

What an interesting and fast moving time we are currently living in. Technology is very quickly evolving and providing us opportunities that just a few years ago we could only dream of. Just today when I met with a client who is a sole trader in a trade-related business we looked at three great opportunities. […] Read More

Should you buy a holiday house?

A common topic we speak to clients about is about the merits of purchasing your own holiday house.  The start of these conversations are usually based on a recent holiday the clients have been on, where they absolutely love the coastal town they’ve just stayed in but have paid a fortune for holiday accommodation. Client: It […] Read More

Advice for buying or selling property

Are you buying or selling a house, farming land or commercial property? Talk to your accountant now! Recent changes to taxation laws mean that anyone purchasing or selling property may have an obligation to withhold tax, or find that they have tax withheld from their settlement proceeds! The ‘Foreign Resident Capital Gains Withholding’ regime has […] Read More

Decision making in stressful situations

Our team recently had the pleasure of hearing a talk from a good friend of mine on decision making in stressful situations. We all think we know about stressful situations, but these were real-world experiences from over twenty years serving as an officer with our Australian and allied defence forces which included a number of […] Read More

Even on holidays you never stop learning

I was recently lucky enough to travel to Europe with Jane for 5 weeks. It was something we had planned for a few years and it turned out to be the trip of a lifetime.  We crammed as much as we could into every day and tried to learn as much as we could about […] Read More