As any successful business owner will tell you, their accountant is just as much a part of their success as product quality, marketing plans, reliable supply chains, customer service standards, experienced staff and every other aspect of their business model. Many people successfully complete accounting qualifications every year and start working in their profession. Most […]
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At this time of the year, every small business owner and sole trader should already be planning how to optimise their tax deductions to legally reduce their tax obligations. There is still three months to go before the end of the financial year, so now is the time to talk to their tax accountants and […]
As we go through life in our modern world, many of us choose insurance to protect us from a range of common loss scenarios. Vehicle insurance protects us against claims for damage in the event of an accident, home and contents insurance assists us to replace stolen or damaged items, and income protection insurance assists […]
The trend for some years for many business owners was to rely on the eventual sale of their business to fund their retirement. It seems that in the effort of establishing and running a successful business, owners set aside any thought of retirement planning in the hope that economic conditions will be favourable when they […]
When someone decides to go into business for themselves, their first decision is whether to buy an existing business, or to start from scratch. Both approaches have different priorities. An existing business should have some type of structure because it is already trading, but the start-up usually is a one or two-person operation without structure […]
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