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STRATEGIES FOR BUSINESS OWNERS & INVESTORS

TO SET UP, GROW & PROTECT THEIR WEALTH

Why you should build wealth outside of your business

Starting a business is a labour of love in many ways, and entrepreneurs looking to grow their SME need to pour all that they have into ensuring that their enterprise gets off the ground.
However, as your business grows and develops it’s important to ensure that you are not putting all of your eggs in one basket, so to speak.

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Budget to provide for elderly Australians

People that are considering obtaining financial planning services for retirement may be interested to hear what the federal government has announced in its budget for 2013-14.

The new budget contains a number of initiatives that will help to support the ageing population of Australia.

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Business Insurance

Business liability insurance covers business operations and cash flow stability. It protects total and partial liabilities, shareholders and/or partners’ loans; provides sufficient cash to clear or reduce liabilities as well as cover joint and several liabilities of business guarantors. Business insurance comes in many forms:

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How to manage risk in your business

Risk is defined as an event that has a probability of happening, and which could have a positive or negative impact on your business. There are four ways you can manage risk. You can:

- Accept It. Simply accept that this is a risk. But in accepting it, you are also saying that you are not going to take any actions but will take responsibility for the cost, schedule, scope and quality impacts if the risk happens again.

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