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Insights by Brian

Follow Brian and read what he has to say about topical news, industry trends and relevant aspects of day to day living.

Taxing the Family Home

Taxing the Family HomeIt's pretty much a standard understanding that you don't get taxed on the sale of your family home; the "main residence exemption" takes care of that.

Recent cases and ATO activity might call that into question though.

So how sure are you that you'll withstand a review by the ATO?

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Targeting Success

Targeting Success

I really hope you're not leaving meeting your budgets and targets to the whims of chance.

The only way to make sure you're actually achieving what you set out to - be it in $ terms, new customers, visiting clients - is to chunk it down and monitor it.

But what does that actually mean?

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Negatives of Negative Gearing

Negative gearing in the rental property market is very popular with such a broad range of Australians.

From those starting out in the property market to mum's and dad's, it seems so many people think generating a tax loss from having a property is a great idea.

But is it really??

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Due Value

Due Diligence

Due diligence. What's it actually mean?

In short, due diligence is an investigation.

And when it comes to buying a business, a proper due diligence process makes sure you get value for money.

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Warning Signs

Bad ThinkingBankruptcy and corporate collapses were the highest ever recorded in Australia in 2012, with only 5% ever paying a dividend.  On top of this many more businesses and individuals entered formal debt arrangements.

So what are the typical warning signs?

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Is Your Business at the Top of the Game?

Over a decade ago a young cricketer at the Australian Cricket Academy was approached to bat whilst the Australian team were practicing in the nets nearby. The team's fast bowlers were asked to try and bowl out the 16 year old star of the future.

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Time for a Business Health Check

Caught in the economic downturn?

The key to operating a successful business and making money in an economic downturn or recession is to know where your business performs well and where it can improve.

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Sales are Down, but Profits go Up

In uncertain times or slowing sales, you need to move quickly to protect your bottom line.

Ignoring or delaying a decision to 'cut' the fat from your business will significantly impact your business' performance, cash flow and future survival.

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