Why some business owners lose their home (and some don’t) when business goes bad

Why some business owners lose their home (and some don’t) when business goes bad

As a business owner, there are plenty of things you need to manage, and two of the most important of these are assets and risks. In other words, building your wealth and protecting your wealth. There’s no point building a lot of wealth if the way you have things structured behind the scenes means that …

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Building a new business? Success starts with the right business structure…

Building a new business? Success starts with the right business structure…

Regardless of the industry you’re in, the way you structure your business will have ramifications long into the future.  From the amount of tax you pay to the administrative load and your level of personal liability, the consequences of your decision can be serious; and they may have a profound influence on the success of …

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8 apps that make creating quotes and proposals faster (and more effective)

8 apps that make creating quotes and proposals faster (and more effective)

When a prospective client asks you for a quote, it’s a powerful opportunity to make a sale. In fact, with the right response you may be able to ‘seal the deal’ almost immediately. But if you take your time to respond, provide wildly different quotes for similar work, or otherwise send bad signals about your …

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Let your software do the talking: 4 apps to manage debtors and late-payers

Let your software do the talking: 4 apps to manage debtors and late-payers

Debtors and late-payers—the bane of every business owner. No matter how profitable your business is, it won’t survive without good cash flow. If you can’t pay your bills on time, you may end up trading while insolvent. And that’s not just bad business—that’s illegal. But to do that, you need your clients to pay their …

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