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Business Exit Strategy

What’s an exit strategy? Having a well prepared business plan is an important step, however ensuring you have an exit plan is more important. Businesses that have been prepared for an owner’s exit are significantly more likely to succeed than unprepared businesses. If you fail to plan, you are planning to fail You need to start now, do not wait until that ‘later time’. Running a business is hard and full of unexpected turns and the right …

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Start NOW to beat the Taxman!

Not only are these legal ways to cut your tax bill, they’ll give you more money to build your wealth. While the taxman is targeting investors hiding assets overseas, there are much less complicated ways to cut your tax bill. Here are 6 legal tax-minimising strategies that you can easily use – and they can make a significant difference to your overall wealth creation. Mortgage Offset Account Have you accumulated some cash and you’re not sure about …

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Need a Business Plan or Re-evaluate your Current One?

Why? Building a business from scratch can be challenging, therefore, creating a business plan compels you to systematically think through every aspect of your business and develop a solid blueprint to follow. A business plan will help you map your business strategy for the future and motivate you to reach your goals.  It will help you anticipate obstacles and work out solutions for overcoming them, thereby reducing anxiety and stress. Additionally, the process of writing a business …

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We’re a lucky country, but will you have enough for Retirement?

If you were to watch the news recently (by recently I mean in the last 2 decades) you would think that Australia maybe about to lose its ‘Lucky Country’ tag. However research released by Credit Suisse Research Institute has Australia fairing very well in the wealth rankings. The richest nations in the world are classed as those with a wealth per adult figure of over USD 100,000. Below is a table ranking these nations in order of …

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