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Having a plan is crucial for long term survival

Whether your business is highly profitable, struggling or somewhere in between, having a plan or process on how you are going to improve and innovate is crucial to its long term survival or the value you can sell or pass on to the next owners.   Right now, it is...

Asset protection a serious consideration

Are your assets protected?   Due to a number of factors, asset protection has become an increasingly important issue for both business owners and individuals.   Increased litigation, tax office audits, relationship breakdowns, reliance on complex finance and...

Succession or Exit Planning

Whether you plan for it or not, one day you will leave your business.   A succession, or exit plan outlines who will take over your business when you (or a business partner) leaves.  Having a plan means that you can decide when and how you leave and what will...

Pre-retirement Pensions – a case study

David earns $50,000 per year as salary and has accumulated $300,000 in super. Now he’s reached the age of 55 and he’s started to think about his retirement plans.   On one hand, he would like more time now to play golf, go fishing and spend time with his...