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BUSINESS SERVICES 
Tax and Business Services Newsletter - May 2008
The pain of discipline is far less than the pain of regret.
How often do you find yourself saying , “If I wasn’t so busy, I would get to that”
It is a comment that we often hear from our clients and we are guilty of ourselves.
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^top TAXATION SERVICES
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^top AUDIT AND ASSURANCE SERVICES
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^top BUSINESS SUCCESSION AND TRANSITION
Managing Business Stress
Business stress is a state of mental or emotional strain that is a result of a single factor or combination of factors at work.
Is your business ready for sale?
If your chosen succession exit option is to sell your business, you need to ensure that your business is ready for sale.
How will staff affect my succession plan?
Most business owners would agree that it is becoming increasingly difficult to attract and retain good staff. There is increased reporting on the skills shortage in various industries and there are no signs that this is going to change.
Can you afford to retire?
When your business is your major source of income and wealth, growing and realising your business value is a key outcome of effective succession planning. In simple terms, you want to get the most money for your
What is your best source of growth?
“Aspiring to be an expert in all needs of all clients will be increasingly unrealistic and unprofitable.”
(“Hypercompetition” series of papers published by Credit Suisse)
Shifting misconceptions about business growth is important, as there are many ways to grow your business. A simple way to measure and amend business practice is by analysing and segmenting your clients.
Planning for Succession
You’ve grown your business gradually and now your mind turns to collecting your reward for your investment of capital, know-how, and years of effort. Achieving the most money for your business requires the same diligence it took to grow it.
Succession is more than selling
It is critical that business owners have a succession strategy. However, there are a variety
of succession strategies available that are not widely considered by business owners.
Many people are led to believe that succession means selling.
Business Life Planning
Business Life Planning is a planning process during which participants consider all available growth and succession options.
^top FINANCIAL SERVICES
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^top SELF MANAGED SUPERANNUATION SERVICES
Superannuation Newsletter
August 2008
Superannuation Newsletter
June 2008
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