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How Does A Bucket Company Work?
How Does A Bucket Company Work?
In a recent webinar, we were asked the questions, “Must the distribution money need to be paid to the Bucket Company? If yes, when?”
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The 3 Ways To Play The Game Of Business
The 3 Ways To Play The Game Of Business
Are there three ways to play the game?
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Why 8-Figure Entrepreneurs Often Hate Their Business
Why 8-Figure Entrepreneurs Often Hate Their Business
What true scale really means is for your energy or money output to get a disproportionately higher return than what you did before that scale. Most people grow their businesses. Now, you can grow your mindset. You can grow your leadership ability,...
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Why You Have To Understand Your Cash Flow Days
Why You Have To Understand Your Cash Flow Days
Cashflow days are made up of three components. We've got debtor days which is how long it takes you to get paid, basically. We've got stock days or inventory days or even invoicing days if you're a service business let's say you might not carry a...
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3 Reasons For SMEs To Consider Acquisition
3 Reasons For SMEs To Consider Acquisition
The idea that in a single signature, you can double or triple or quadruple the value of your business in comparison to decades of building a business is, I think, the number one reason for SMEs to consider acquisition versus organic, but of course...
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What You Need To Know About Car Allowances
What You Need To Know About Car Allowances
I was hosting a webinar recently, and one of our attendees asked: “Do you have any advice on car allowances from the individual/company audit?” Here’s our response:
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What Are The New Criteria For Loss Carryback?
What Are The New Criteria For Loss Carryback?
I’d just like to touch on some changes from last year's budget. There's a new strategy that we're putting into play before the 30th of June called “The Loss Carry Back”.
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Do You Have Multiple
Do You Have Multiple "Teams" Of Income?
One of the stages within the B.O.S.S Steps is called STAR. Now in the STAR phase, you get a true sense of freedom. It's somewhere between $350 and $800 K. Now, you can sit at the $350 - sometimes it's a touch more than that to $400, and you can be...
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Chattel Mortgage Vs. Finance Lease
Chattel Mortgage Vs. Finance Lease
I was on a webinar recently with Ashley Smith from ASA finance group, and here’s what he had to say in regards to Chattel Mortgage vs. Finance Lease for vehicle finance -
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Can You Delay Assets If You've Only Made A Minimal Profit?
Can You Delay Assets If You've Only Made A Minimal Profit?
During a recent webinar, one of our viewers asked “If I have only made a minimal profit in 2021, can I delay the asset write off to 2022 when my business is more profitable and there's more to write off?”
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