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…

Your business plan is the roadmap that guides your company’s journey. It’s crucial for outlining your direction, setting goals, and securing investment. So, what should you include in your comprehensive business plan, and what key factors should you consider? Key Elements of a Business Plan A well-structured business plan typically includes: Clear Direction: Define your…

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…

Purchasing an established business can be a strategic move, whether entering the business world for the first time or expanding your existing empire. However, buying a business is a significant decision that requires thorough research and careful planning. Before making any commitments, consider these five key questions: 1: Why Is the Business for Sale? Understanding…

Wondering when to establish a self-managed super fund (SMSF)? The answer varies based on your financial strategy and goals. Generally, financial planners suggest having $200k-$250k in combined super for cost benefits. However, it ultimately depends on your plans for those funds. Watch Glenn’s latest video to learn more about the right time for an SMSF…

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…

In this short video, Glenn reminds you to protect yourself from phishing scams targeting your banking details. Scammers are sending fraudulent emails with links to “reset passwords” or “update details,” aiming to steal your identity or access your bank account. Remember, legitimate banks never ask for sensitive information via email links. To stay safe, never…

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…

Every business has a finite lifespan. Some may last for decades, while others may only last a few years. As a business owner, the life of your business is likely to be strongly aligned with your own life goals and personal plans for the future. When the time comes to sell, it’s important to know…

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 video, Glenn shares how you can maximise unused concessional superannuation contributions from the past five years, provided your super balance is under $500,000. Watch to understand the strategy and steps to optimise your contributions efficiently.