Tag: business planning
- The 80/20 RuleStill wondering about the 80/20 rule? Glenn takes you through how relevant and effective this principle is to your business.
- Pareto PrincipleGlenn explains what the Pareto Principle means for your business and cash flow in this short video.
- What is Your Business Really Worth? And How Can You Increase The Value of Your Business?Many Australian business owners have engaged in little to no exit planning. This is true even for owners with most of their assets tied up in the business. Unfortunately, this is a recipe for disaster when it comes time for you to leave the company – whether that’s due to retirement, an accident or illness,…
- Business Advisory BoardGlenn takes you through how a Business Advisory Board can help you drive your business forward, in this short video.
- Is there a recession looming over 2022 / 2023?Glenn shares his views on the current economic outlook in this video – it’s not all doom and gloom!
- Business ValuationsDo you know what your business is really worth? Glenn talks you through why you should have an idea of what your business is worth now, and what you want it to be worth when you’re ready to sell or retire so you can plan to improve the value.
- Selling Business as a Going ConcernWhen selling a business, there can be significant tax advantages, especially related to GST, if the sale is considered a “going concern.” as Glenn shares in this video. This means you’re selling the entire business, often in a walk-in, walk-out fashion, with no GST on the sale. This can greatly impact cash flow for both…
- Tax Selling BusinessAre considering selling your business? Glenn takes you through what you need to consider in terms of tax in this short video.
- 2022/23 Federal Budget – HighlightsAfter the budget earlier this week, below we share some highlights: Personal income tax changes The Government has announced a once-off $420 ‘cost of living tax offset’ for the 2022 income year, which will be provided in the form of an increase to the existing LMITO. This will increase the maximum LMITO benefit to $1,500…
- Instant Asset Write Off – Farming Industry
- On Farm ImprovementsDavid explains the importance of looking at the long term productivity of your farm to improve efficiencies in the business as costs continue to rise.
- Business Advisory: Reviewing MarginsWhen did you last review your margins? Glenn explains why this can help you make smart financial decisions for the year ahead in this short video.
