How much of your wealth is tied up in your business?

When you have most of your financial “eggs” in one basket, it is a good idea to watch that basket! Successful business owners are checking the value of their business every year, as part of their family wealth creation plan, and to reduce their value gap risk. A value gap risk is the difference between [...]

SME Research Report 2017-2018

In Australia, a SME is defined as business having 200 or fewer employees. Microbusinesses have 1–4 employees, small businesses 5–19, medium businesses 20–199, and large businesses 200+. Australian SMEs make up 97% of all Australian businesses, produced one third of total GDP, and employ 4.7 million people. We value our relationships with our SME clients, [...]

By |2018-08-21T13:44:20+10:00August 25th, 2018|Business Improvement|0 Comments

business succession planning

At some time we are all going to exit our businesses. Hopefully there is plenty of time plan however circumstances do change from time to time. It's possible you haven't given business succession planning any in depth though. Even if you are not immediately considering selling having your business in saleable condition at all times [...]

By |2018-08-01T15:06:09+10:00August 1st, 2018|Business Improvement|0 Comments