Make Yourself Redundant

Treat your talent pool so well that your business can run without you on a day-to-day basis!Key Person Dependency (KPD) is the notion of a business  being reliant upon few key people. Commonly entrepreneurs and founders of successful businesses have had to do a huge amount of heavy lifting t...

Is Your Business Fit?

The most common method of valuing a small to medium business is Enterprise Value (EV). Enterprise Value is generally based on a multiple of your earnings.When investors and purchasers determine the Enterprise Value of a business they look at 3 things:Actual earnings/profit;Market factors (e.g...

Buying a business?

Of all the investments one could make, purchasing a business has to have the most potential for risk. Strangely enough, it is probably one of the least scrutinised transactions we come across.It is always advisable to retain a business lawyer early to act for you in a purchase of business but, be...

The legalities of choosing the right business structure for your sm...

 One of the first decisions you will make when setting up your small business is to choose what structure to use. This will enable you to set a firm foundation and importantly, get clear on your taxation, financial, licencing and legal obligations.    The structure you choose wi...

3 LEGAL STRUCTURES USED BY THE RICH TO PROTECT AND GROW WEALTH

For those of you who only earn ordinary income as an employee, this advice is not going to help you in your current circumstances. Not that there is anything wrong with being an employee, it's just the tax system gives you almost zero flexibility in structurin...