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Plan the road ahead

Over the summer many of us will be planning holidays and road trips all over the country. We will pack everything we need, check the weather, open up Google Maps to look at the traffic and be off on our way. It goes without saying that you need to plan how to get to your destination before you get there, but how many of us plan the same way in our business? Planning and goal setting is key to any successful venture. Even just by writing down targets you wish to achieve in the next 3,6,12 or 24 months, can provide you with the necessary focus you need to keep moving the right direction when things get complicated. And that isn't just for new businesses either, as even businesses that have had

Parliament Passes Big Change to Rental Property Deductions

As of the 15th of November 2017, a dramatic change has been made to rental property legislation in Australia. Parliament has passed the Treasury Laws Amendment (Housing Tax Integrity) Bill 2017, which means a common deduction Australians have used for years on their rental property income, may no longer be available. Any owners of a second hand rental property (that is, properties that the current owner was not the original owner), will be unable to claim a deduction against the rental income for depreciation of plant and equipment assets. This includes items such as existing air conditioners, solar panels and carpets. Have a look at the below video from BMT Quantity Surveyors detailing the

Simple Tip Tuesday

Struggling to save money? Here is an idea.. Work out roughly how much money you need each week and withdraw the cash from an ATM, discipline yourself to only use the cash in hand... any loose change goes straight into a piggy bank.. Old school? maybe.. but sometimes the old ways are the best ways!

The Ageless Entrepreneur

It's now never too late to become an entrepreneur, and it's all thanks to technology! Take at look at this great article posted by Forbes. Read More

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