#Financial Advice
How technology can help Australians make better financial decisions to support the cost of living pressures
Open banking and CDR have the distinct advantage of promoting innovation among lenders and increasing financial wellness for consumers, writes Lauren Applegate.
The importance of personal financial planning for partnership businesses
Like many interesting learning experiences, they can arise from the most unorthodox of circumstances. The unorthodox setting I was on a chairlift with a newly found ski companion in a relatively unknown corner of Hokkaido. It was snowing heavily. I was the spritely age of 27. My ski companion was in his late 50’s (specific […]
BAS mistakes prove costly for small biz
New figures reveal poor financial management practices caused one in 10 small businesses to lose money through unnecessary fines and penalties last year.
Sustainable cash flow strategies for service businesses
Right at the top of the New Year’s resolutions list for many SMEs was to get cash flow under control in 2014. Are you on track?
Why every young professional needs a financial adviser
While it’s good to relish in your successes of today, it’s important to take the steps to protect your assets and earnings for tomorrow.
How to get rich slow: Q&A with Finn Kelly
Dynamic Business chatted to Finn Kelly about his financial advisory business for young professionals, and got his thoughts on what he sees as a financial knowledge gap in Australia.
Five steps to get your business finances in order
Establishing solid corporate and accounting strategies from the start is critical when launching a business. Consider this advice to get off on the right financial foot.
Why you should get to know your local business banker
Running your own business is enormously rewarding but it’s also hard work. Not only do you have to be your own accounts department, you’re also the sales team, human resources manager and paymaster. The good news is that expert financial advice is closer than you think, and it comes in the form of your local business banker.
Avoid business icebergs: Do your due diligence
What you see on the surface is not always what you get, especially when it comes to other businesses. Here’s why doing your due diligence is an important step in a business relationship.
5 questions to ask a small business accountant
Successful entrepreneurs and business owners know their numbers and rely on their accountant to provide specialist help and leadership in this area.
How financial stress can weaken a manager
Brett Morris blogs how management can often act emotionally at times of financial instability, and how this impacts staff. “When your finances aren’t stable, it’s easy to lose sight of priorities and act against the best interests of your team and the business.”
Now business and government can speak the same language
Gerald Chait blogs about SBR and what it means for small business. “An SBR-enabled application translates your information into a language the government agency systems instantly understand and analyse; meaning you get immediate validation and quick responses.”
MLC to run “fee for advice” transition workshops in August
National Australia Bank’s MLC will run a series of ‘fee for advice’ transition workshops nationwide after the success of their earlier events in Sydney, Melbourne and Adelaide.
MLC helps advisers go “fee-for-advice”
MLC is launching a series of workshops next week to help financial advisers make the transition to a fee-for-advice business model.
Attaché release debtor reduction publication for small business
Attaché Software have released a new publication entitled ‘Bullet Proof your Business: Debtor Reduction Strategies’ to help businesses reduce the impact of outstanding debts and increase working capital. The publication is available to businesses free of change and comes with a Debtors Ready Reckoner chart to help businesses evaluate outstanding debtor days, along with a […]
Financial advice industry under review
The Australian Securities and Investment Commission (ASIC) will launch a shadow-shopping program in the 2009/10 financial year to review the methods of financial advisers. A shadow shop is an anonymous visit to an adviser to experience what an ordinary consumer would experience when seeking advice. David Whiteley, executive manager of Industry Super Network, says the […]
Small business to benefit from Government Investment Allowance
Small businesses are being urged to take advantage of the Government’s 30 percent Investment Allowance before the June 30 2009 deadline.