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Preparing your business for sale You may be retiring, changing direction in life or have met your established goals and the time has come to sell your business. The pre-sell, negotiations and transition out can be a stressful time in any business owner’s life, but by having a clear plan in place from the moment you decide to sell, the […]
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Key Person Insurance – Who you need to insure? When you own or manage a business, you have a responsibility to ensure that your company can continue to prosper & succeed, no matter whether the key members whom you rely on are present or not. Obviously, if someone were to become unwell or pass away and they are a key person in your business, […]
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Emergency money – how much and what should I do with it? The hot water service blew up, the dog needed emergency surgery or you broke your wrist and can’t work for 8 weeks. These aren’t life changing financial emergencies, but they can certainly have an impact on your savings – or if you don’t have savings, create or add to your debt. How much should I […]
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There’s more than you think – Tax Concessions for small businesses At Maddern Accountants, it’s safe to say that we L-O-V-E small business. From micro businesses and soloprenuers, to established small to mid sized companies turning over 7 figures per year, our passions rest in seeing small businesses work hard for their owners. We constantly see research which illustrates the impacts and benefits small business has on our economy. It is estimated […]
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Aged Care in Australia One of the most difficult personal challenges in life is making the decision for a loved one to go into an aged care facility. It is typically an emotionally-charged time for an older person who is both leaving the comfort of their home and some level of independence, which can be made more difficult by […]
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