Your new financial year resolutions
The start of a new financial year normally brings around a sense of trepidation among many. Was our stocktake done properly? Were the employee PAYGW certificates issued? What about the travel allowances? Can my dividends be franked this year? When do I have to schedule the auditors in? Do I have to schedule auditors? What […]
10 Reasons why you should not cross collateralise your loans
We often find that for a family in business, the cross over between business loans and investment loans is blurred. If your family has several real estate assets, and business assets, all offered as security for one loan you are “cross collateralised”. Sadly having loans “crossed” rarely helps a family. In fact it mainly helps […]
Preparing for your business exit
By Westcourt Blogger Preparing a business for sale is a complex and often long-term process, which requires a lot of preparation and planning. Yet few business owners are prepared when it comes time to be sale-ready. Exit planning involves careful preparation and consideration of the financial and business implications. Here are three tips to help […]