Author: Ewen Fletcher

Ewen highlights current trends and opportunities in this latest self storage industry update. While demand for new developments has slowed and existing storage needs have decreased, several factors drive ongoing demand. These include the increased need for storage due to moves or downsizing, the rise of remote work leading to home office renovations, ongoing home…

Starting and growing a small business can be incredibly rewarding but challenging. Preparing for common challenges and knowing how to tackle them can make your journey smoother and more successful. Five Proactive Ways to Overcome Common Business Challenges Every small business faces unique obstacles, but certain challenges are universally common. Here’s how to address five…

Starting a new business or expanding an existing one often requires substantial funding. Securing the right finance at each stage of your business journey is crucial for success. But where can you find the necessary funds? Five Ways to Access the Right Funding Here are five key funding options to consider: 1: Bank Loans and…

In this short video, Ewen shares how many business owners receive fraudulent emails with invoices from familiar suppliers they don’t actually use. These scams often come from well-known names like Australia Post or utility companies, but they include red flags such as overdue invoices, urgent payment demands, and threats of legal action. If you receive…

Quarter Period Payment Due 1 1 July – 30 September 28 October 2 1 October – 31 December 28 January 3 1 January – 31 March 28 April 4 1 April – 30 June 28 July Key Points Clearing Houses Missed Payments Additional Compliance Given the ATO’s increased audit activity, timely compliance is more critical…

Once you’ve sold your business and received the proceeds, you’re faced with a big question: What happens next? After guiding the helm of your company, it will be tough to let go after selling your business. But if the circumstances are right, there’s no reason why exiting the business should be a sad occasion. You’ve…

Imagine if you were suddenly unable to run your business tomorrow. How smoothly would things continue for your operations and those who depend on them? We share why a business succession plan is important to your overall business strategy. Securing Your Business’s Future Succession planning isn’t just about retirement. In the event of an unforeseen…

In this short video Ewen shares a crucial warning for business owners about misleading business name renewal notices. Many companies are pretending to be the government and sending out renewal notices months in advance, with exorbitant fees attached. Learn how to identify genuine notices from ASIC and avoid falling victim to these scams. If you’re…

A succession plan is about maximising the value of your business to achieve a better outcome when it’s time to exit. Many business owners don’t consider a succession plan until they are ready to sell. However, defining and executing an effective succession plan takes three to five years (minimum). That’s something to keep in mind!…

Attention primary producers! With the instant asset write-off now finished, managing your equipment trades and avoiding unexpected tax bills is crucial. As livestock prices fluctuate and climatic conditions impact your farm, here are some tips to minimise your tax: Water Conveyancing/Conservation:Expenses for pumps, piping, and irrigation are fully deductible. Fencing:Internal and external fencing qualifies for…

Starting 1st July 2024, the Victorian government has introduced a new 1% property tax on land value. This change impacts how stamp duty applies to these properties. Existing owners are exempt until the property sells, triggering a 10-year countdown for the new tax. In this short video, Ewen shares some of the changes and how…

Generally, an exit strategy is implemented years before the planned exit date. This gives you time to work on your sale plan, deal with any succession issues, and, crucially, add additional value to the business before a sale. Understanding Your Business’s Sale Value Every business has its unique sale value based on size, asset worth,…