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Building a “profit war chest” is just like riding a bike. A crucial step towards becoming a cash rich business
Building a “profit war chest” is just like riding a bike. A crucial step towards becoming a cash rich business
Most business owners agree that cash is the oxygen that keeps the heart of a commercial enterprise pumping. It doesn’t matter if we’re talking about trades, financial services or product sales and distribution, without a healthy cash flow, things...
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The 10 minutes that could save you hundreds every month. Get ready for the Autumn “spring clean”
The 10 minutes that could save you hundreds every month. Get ready for the Autumn “spring clean”
It’s the invisible expenses that hurt your business the most - he amounts that sneak under the wire of your business accounts every month or quarter. And even if you were asked point blank to name them all, you just couldn’t. But who cares, right?...
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3 reasons your original purpose can determine your future
3 reasons your original purpose can determine your future
If you can’t tell someone in two sentences what you do and why, your business is in trouble or heading that way. Sure you may have a solid business structure, you’ve minimised your tax and things might be going well but your sales and/or service...
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Tax: are you paying too much, too little or about the right amount? 3 tax lies that ensure you get this wrong
Tax: are you paying too much, too little or about the right amount? 3 tax lies that ensure you get this wrong
First of all, know your numbers inside and out. Those of you who are familiar with Inspire remember that “knowing your numbers” is part of our mantra. It’s the foundation upon which we help build significant tax savings, robust cash flow and better...
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Leading the way to more time with family. You can’t be all things to all people – so why try?
Leading the way to more time with family. You can’t be all things to all people – so why try?
“I can’t give you the secret to success but I can give you the secret to failure – try to please everyone”. Someone famous said that a very long time ago and it is as true now as it was way back when. But we’re all guilty of it in varying degrees in...
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The accidental tax (over)payer. Are you really going to tip the ATO?
The accidental tax (over)payer. Are you really going to tip the ATO?
Just like any good business or even a studious school kid, our government works to a budget. They look at the income and outgoings of our great land and even come up with a magic number of sorts to plan and allocate spend on roads, schools, health…...
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Ensure your risk pays off… regularly. Funding the founder is only fair
Ensure your risk pays off… regularly. Funding the founder is only fair
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We’re going to save our clients, $1m in tax… again!
We’re going to save our clients, $1m in tax… again!
Some of the things we just love to do around this time every year at Inspire. Enjoy our 4 day Easter break – check. A planned getaway of some sort – locked in. Provide excellent year round service to our clients – of course. Oh and save them over...
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A lean business is a healthy business. Keep fit year round
A lean business is a healthy business. Keep fit year round
Diets are temporary by their very nature. They last from point A until point B, they are a means to an end. What’s more they are usually the second last resort before far more drastic measures come into play. The same applies in our businesses when...
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Compound interest cuts both ways. Kill your debt before it kills you.
Compound interest cuts both ways. Kill your debt before it kills you.
There’s a lot to be said for the miracle of compound interest and how it can turn modest savings with small regular contributions into a sizable nest egg that hatches holidays, jet skis, long term financial security and more. But as with most...
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