With the recent “superstorm” on the east coast of America bringing back memories of Cyclone Yasi and the recent floods across Australia, it is a reminder that despite our best plans there are some things we cannot control. What we can control is how prepared we are for the effects these types of events can have on our lives, and our businesses. From the simple steps of having appropriate insurance, right through to full disaster recovery plans including the back up and management of data and systems, there are a multitude of steps that can be taken to protect yourself and your wealth.
These different levels of asset protection are not about trying to defend yourself against every single possible outcome but ensuring that your exposure to adverse events is minimised.
Find out more on asset protection here.
Feature Article
Are you operating under False Economy?
Whether running a business or a household budget, there are a multitude of purchasing and investment decisions that we are faced with. Business decisions can include whether to buy or rent a business location, investment decisions in infrastructure such as IT and people, and what form of marketing to invest in for the business. Of course, these decisions are not just a simple case of finding the cheapest option in order to minimise the cost now. Other factors include the quality and lifespan of the product, and the ongoing costs of ownership and maintenance.
Mid-year Government Budget review
In its efforts to ensure that the Federal Government achieves its forecast budget surplus, they have announced a number of tax changes which will take effect from either 22 October 2012, or other dates as announced.
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Coming soon….
Continuing on from the publication of “How to Read Financial Statements”, adding to the series soon will be “Where Did The Cash Go? – A Guide To Cash Flow Management For Businesses”. Copies are complimentary for valued clients of Value Beyond.
Keep watching the website/Facebook/Twitter for the announcement of the release!