How much cash is tied up in your business? It is easy to see. Every time you look at a set of accounts, the balance sheet shows you the breakdown.
Of particular interest is that component that is the liquid part … bank accounts (positive or … Read more
Tax Deductible Meals for hard working business owners
We thought that you might like to know…
Yes, it is possible to have any meal that you provide for you (and any of your employees) to be:
Fully tax deductible,
GST claimable, and best of all
FBT does not apply.
There are a … Read more
What’s my business worth?
Ask most business owners what they think their business is worth and the answer is usually “no idea”. In fact, they have always wondered about value even if there was never any inkling to sell. Most generally have an idea but sometimes widely … Read more
Succession of Nothing
Most business owners defer any formal approach to succession planning.
So it is always great to see the owner finally put pen to paper or better still, engage a professional person to help them bring their succession plans to life. But tragically … Read more
